FCCS
COMPLETE QUESTION SET WITH VERIFIED
SOLUTIONS GRADED A+
Question 1.
An entity's Common Stock balance is made up of data loaded through Data Management and an
adjusting journal entry posted in the application. The Common Stock balance must not re-translate
each month. What two data entries need to happen to have the Common Stock balance bypass the
default translation of equity accounts?
ANSWER
Data entry to the Common Stock account with the FCCS_Amount Override member of the
Consolidation dimension and the Data Source member FCCS_Managed Data.
Question 2.
In Data Management, what is the purpose of Source Mapping?
ANSWER
managing source periods in relation to global periods
Question 3.
Which three fields must be defined when registering a file-based source system in Data Management?
ANSWER
Name
Description
Drill URL
Question 4.
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the
corresponding Intercompany member Alias?
ANSWER
The Intercompany Alias is not automatically changed to the new Entity Alias.
,Question 5.
Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS)
application?
ANSWER
Select Application, then Overview, then Actions, and then Import Data
Question 6.
Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report. Which
two dimension members must be built into the row of the company's Cash Flow to report the impact
of Accounts Payable?
ANSWER
FCCS_CashFlow_AccountsPayable movement member
FCCS_Total Balance Sheet - Cash and NonCash account member
Question 7.
Which four items are active components of the Currency dimension?
ANSWER
Reporting Currencies
Parent Currency
Input Currencies
Entity Currency
Question 8.
A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal?
ANSWER
Build a custom Movement member for Fixed Assets with dependent custom members for
Additions and Disposals. Load detailed Fixed Asset data to Movement members.
Add custom Movement members to the FCCS_CashFlow hierarchy.
, Question 9.
Using which Smart View reporting method can users retrieve data from a Financial Consolidation and
Close Cloud application data with formulas such as HsGetValue?
ANSWER
Function Builder
Question 10.
For which three tasks can Data Management be used?
ANSWER
loading data from a fixed width or delimited text file
drilling through from a web form or Smart View
loading data that is period-to-date or year-to-date
Question 11.
What member of the Currency dimension is associated with the Entity Input member of the
Consolidation dimension?
ANSWER
Entity Currency
Question 12.
Which statement is true regarding shared members and valid intersection rules?
ANSWER
Shared members are supported in valid intersection rules
Question 13.
Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in
Excel?
ANSWER
Submit data
Run a rule such as Consolidate or Translate
Retrieve data
COMPLETE QUESTION SET WITH VERIFIED
SOLUTIONS GRADED A+
Question 1.
An entity's Common Stock balance is made up of data loaded through Data Management and an
adjusting journal entry posted in the application. The Common Stock balance must not re-translate
each month. What two data entries need to happen to have the Common Stock balance bypass the
default translation of equity accounts?
ANSWER
Data entry to the Common Stock account with the FCCS_Amount Override member of the
Consolidation dimension and the Data Source member FCCS_Managed Data.
Question 2.
In Data Management, what is the purpose of Source Mapping?
ANSWER
managing source periods in relation to global periods
Question 3.
Which three fields must be defined when registering a file-based source system in Data Management?
ANSWER
Name
Description
Drill URL
Question 4.
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the
corresponding Intercompany member Alias?
ANSWER
The Intercompany Alias is not automatically changed to the new Entity Alias.
,Question 5.
Which selection enables data to be imported directly into any Financial Consolidation and Close (FCCS)
application?
ANSWER
Select Application, then Overview, then Actions, and then Import Data
Question 6.
Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report. Which
two dimension members must be built into the row of the company's Cash Flow to report the impact
of Accounts Payable?
ANSWER
FCCS_CashFlow_AccountsPayable movement member
FCCS_Total Balance Sheet - Cash and NonCash account member
Question 7.
Which four items are active components of the Currency dimension?
ANSWER
Reporting Currencies
Parent Currency
Input Currencies
Entity Currency
Question 8.
A company would like to capture Fixed Asset additions and disposals within the Movement dimension.
Which three tasks are necessary to achieve this goal?
ANSWER
Build a custom Movement member for Fixed Assets with dependent custom members for
Additions and Disposals. Load detailed Fixed Asset data to Movement members.
Add custom Movement members to the FCCS_CashFlow hierarchy.
, Question 9.
Using which Smart View reporting method can users retrieve data from a Financial Consolidation and
Close Cloud application data with formulas such as HsGetValue?
ANSWER
Function Builder
Question 10.
For which three tasks can Data Management be used?
ANSWER
loading data from a fixed width or delimited text file
drilling through from a web form or Smart View
loading data that is period-to-date or year-to-date
Question 11.
What member of the Currency dimension is associated with the Entity Input member of the
Consolidation dimension?
ANSWER
Entity Currency
Question 12.
Which statement is true regarding shared members and valid intersection rules?
ANSWER
Shared members are supported in valid intersection rules
Question 13.
Which three tasks can users perform on Financial Consolidated Close Cloud data with Smart View in
Excel?
ANSWER
Submit data
Run a rule such as Consolidate or Translate
Retrieve data
