What is the primary function of enabling the Track Intercompany Elimination option
during the application creation?
A. enables the Elimination member in the Consolidation dimension
B. process will separate total elimination values by Data Source.
C. enables the application to include Intercompany data.
D. enables the application to perform Intercompany eliminations
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B. process will separate total elimination values by Data Source.
How can Financial Consolidation and Close (FCCS) Metadata be managed via
SmartView?
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Via Shared or Private Connections
When can the Multi-GAAP dimension can be enabled?
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During application creation by selecting the Multi-GAAP feature
To show the Intercompany account and matching account balances on the
Intercompany Matching Report, you make which selection?
a. In Partner, select Level 0 Descendants of Intercompany Top
b. In data source, select FCCS_Partner Elimination
c. In Plug Accounts, select a plug account
d. In Partner, select Intercompany Top
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, d. In Partner, select Intercompany Top
Which three combinations of dimensions could be valid for a Financial Consolidation
and Close (FCCS) application? (Choose three.)
A. Period, Year, Entity
B. From Currency, Movement, Scenario
C. Multi-GAAP, Data Type, Intra-company
D. Value, Entity, Account
E. Data source, Consolidation, View
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A. Period, Year, Entity
B. From Currency, Movement, Scenario
E. Data source, Consolidation, View
A client company has expanded quickly in the past year and has recognized the need
to move their financial team off spreadsheets and to a more verifiable and automated
solution. Which two requirements from this team would Oracle's Financial
Consolidation and Close Cloud Service satisfy? (Choose two.)
A. robust consolidation engine that provides automated aggregations, intercompany
eliminations and translations without requiring a strong IT footprint
B. dashboard reporting with daily revenue comparisons and KPI's that measure cost
controls
, C. leverage compliance efforts to fix process issues across all businesses and provide
oversight for risk awareness
D. a configurable reporting solution with prebuild dimensions, KPIs, reports along
with a process to adjust data, monitor the close status and view data and compliance
results in dashboards
E. provide the ability to collaborate during close and analyse transaction
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A. robust consolidation engine that provides automated aggregations,
intercompany eliminations and translations without requiring a strong IT
footprint
D. a configurable reporting solution with prebuild dimensions, KPIs, reports
along with a process to adjust data, monitor the close status and view data
and compliance results in dashboards
Which statement correctly describes the Consolidation dimension?
A. The dimension allows users to see input versus journal adjustment data
B. The dimension aggregates input, consolidated, and eliminated data together
C. The dimension uses a separate member for data from an entity's level zero
descendants
D. The dimension contains members to store non-controlling interest and joint venture
data
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during the application creation?
A. enables the Elimination member in the Consolidation dimension
B. process will separate total elimination values by Data Source.
C. enables the application to include Intercompany data.
D. enables the application to perform Intercompany eliminations
,Give this one a try later!
B. process will separate total elimination values by Data Source.
How can Financial Consolidation and Close (FCCS) Metadata be managed via
SmartView?
Give this one a try later!
Via Shared or Private Connections
When can the Multi-GAAP dimension can be enabled?
Give this one a try later!
During application creation by selecting the Multi-GAAP feature
To show the Intercompany account and matching account balances on the
Intercompany Matching Report, you make which selection?
a. In Partner, select Level 0 Descendants of Intercompany Top
b. In data source, select FCCS_Partner Elimination
c. In Plug Accounts, select a plug account
d. In Partner, select Intercompany Top
Give this one a try later!
, d. In Partner, select Intercompany Top
Which three combinations of dimensions could be valid for a Financial Consolidation
and Close (FCCS) application? (Choose three.)
A. Period, Year, Entity
B. From Currency, Movement, Scenario
C. Multi-GAAP, Data Type, Intra-company
D. Value, Entity, Account
E. Data source, Consolidation, View
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A. Period, Year, Entity
B. From Currency, Movement, Scenario
E. Data source, Consolidation, View
A client company has expanded quickly in the past year and has recognized the need
to move their financial team off spreadsheets and to a more verifiable and automated
solution. Which two requirements from this team would Oracle's Financial
Consolidation and Close Cloud Service satisfy? (Choose two.)
A. robust consolidation engine that provides automated aggregations, intercompany
eliminations and translations without requiring a strong IT footprint
B. dashboard reporting with daily revenue comparisons and KPI's that measure cost
controls
, C. leverage compliance efforts to fix process issues across all businesses and provide
oversight for risk awareness
D. a configurable reporting solution with prebuild dimensions, KPIs, reports along
with a process to adjust data, monitor the close status and view data and compliance
results in dashboards
E. provide the ability to collaborate during close and analyse transaction
Give this one a try later!
A. robust consolidation engine that provides automated aggregations,
intercompany eliminations and translations without requiring a strong IT
footprint
D. a configurable reporting solution with prebuild dimensions, KPIs, reports
along with a process to adjust data, monitor the close status and view data
and compliance results in dashboards
Which statement correctly describes the Consolidation dimension?
A. The dimension allows users to see input versus journal adjustment data
B. The dimension aggregates input, consolidated, and eliminated data together
C. The dimension uses a separate member for data from an entity's level zero
descendants
D. The dimension contains members to store non-controlling interest and joint venture
data
Give this one a try later!
