ORACLE FCCS CERTIFICATION EXAM 2025 ACTUAL EXAM
Oracle FCCS Certification Questions
COMPREHENSIVE QUESTIONS WITH DETAILED VERIFIED ANSWERS
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ALREADY GRADED A+(100% CORRECT ANSWERS)
1. Company 123 is a public company that reports in E. A translation of Company XYZ
US Dollars. Company 123 owns Company XYZ, a to Parent Currency
European company that consolidates in Euro. One
of the Company XYZ's subsidiaries is Company IOU,
headquartered in Switzerland with a functional cur-
rency of the Swiss Franc. Which process produces
USD balances for Company IOU?
A. A translation to the USD_Reporting currency
member for Company IOU
B. A translation of Company IOU
C. A consolidation of Company 123
D. A consolidation of Company XYZ
E. A translation of Company XYZ to Parent Currency
2. Which statement is correct regarding intercompa- A. Intercompany eliminations
ny eliminations? are generally required to re-
move the effect of transactions
A. Intercompany eliminations are generally re- within the company
quired to remove the effect of transactions within
the company
B. Intercompany eliminations are required for sus-
tainability reporting to show the company's waste
output.
C. Intercompany eliminations are optional in FCCS
and use one of the custom dimensions when en-
abled.
, Oracle FCCS Certification Questions
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D. Intercompany eliminations are needed when a
company divests itself of a division
3. What member of the Currency dimension is asso- D. Entity Currency
ciated with the Entity Input member of the Consol-
idation dimension?
A. Base Currency
B. Parent Currency
C. Local Currency
D. Entity Currency
4. Which statement is false regarding establishing A. All members are accessible
security for Financial Consolidation and Close for dimensions with no securi-
(FCCS)? ty applied.
A. All members are accessible for dimensions with
no security applied.
B. The Identity Domain Administrator inherits full
access privileges.
C. Security is mandatory for one dimension.
D. Security can be assigned at a parent level.
E. Security can be disabled for any dimension.
5. Which three fields must be defined when register- A. Source Type
ing a file-based source system in Data Manage-
, Oracle FCCS Certification Questions
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ment? (Choose three.) B. Drill URL
A. Source Type E. Name
B. Drill URL
C. Cloud Type
D. Description
E. Name
6. When a Financial Consolidation and Close (FCCS) D. The ICP dimension will be
application was created, no intercompany options omitted.
were enabled. Which statement is true?
A. The FCCS_No Intercompany member of the ICP
dimension will be used for all data
B. Data can be stored by intercompany partner but
no eliminations will occur.
C. An extra custom dimension will be available.
D. The ICP dimension will be omitted.
7. For which three tasks can Data Management be A. loading data that is peri-
used? (Choose three.) od-to-date or year-to-date
A. loading data that is period-to-date or B. drilling through from a web
year-to-date form or Smart View
B. drilling through from a web form or Smart View C. loading data from a fixed
width or delimited text file
, Oracle FCCS Certification Questions
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C. loading data from a fixed width or delimited text
file
D. writing back data to source systems
E. loading a Metadata Import File
8. You are required to define a form that displays all D. the Point of View
form data for only specific View dimension mem-
ber and not allow users to change this. Where on
the form do you define the View dimension and
select the correct member?
A. a column
B. Other Options section
C. the Page Axis
D. the Point of View
9. Which dimension includes the FCCS_Global As- C. Entity
sumption member that is used to store currency
information?
A. Account
B. From Currency
C. Entity
D. Currency
10.
Oracle FCCS Certification Questions
COMPREHENSIVE QUESTIONS WITH DETAILED VERIFIED ANSWERS
Study online at https://quizlet.com/_erow3v
ALREADY GRADED A+(100% CORRECT ANSWERS)
1. Company 123 is a public company that reports in E. A translation of Company XYZ
US Dollars. Company 123 owns Company XYZ, a to Parent Currency
European company that consolidates in Euro. One
of the Company XYZ's subsidiaries is Company IOU,
headquartered in Switzerland with a functional cur-
rency of the Swiss Franc. Which process produces
USD balances for Company IOU?
A. A translation to the USD_Reporting currency
member for Company IOU
B. A translation of Company IOU
C. A consolidation of Company 123
D. A consolidation of Company XYZ
E. A translation of Company XYZ to Parent Currency
2. Which statement is correct regarding intercompa- A. Intercompany eliminations
ny eliminations? are generally required to re-
move the effect of transactions
A. Intercompany eliminations are generally re- within the company
quired to remove the effect of transactions within
the company
B. Intercompany eliminations are required for sus-
tainability reporting to show the company's waste
output.
C. Intercompany eliminations are optional in FCCS
and use one of the custom dimensions when en-
abled.
, Oracle FCCS Certification Questions
Study online at https://quizlet.com/_erow3v
D. Intercompany eliminations are needed when a
company divests itself of a division
3. What member of the Currency dimension is asso- D. Entity Currency
ciated with the Entity Input member of the Consol-
idation dimension?
A. Base Currency
B. Parent Currency
C. Local Currency
D. Entity Currency
4. Which statement is false regarding establishing A. All members are accessible
security for Financial Consolidation and Close for dimensions with no securi-
(FCCS)? ty applied.
A. All members are accessible for dimensions with
no security applied.
B. The Identity Domain Administrator inherits full
access privileges.
C. Security is mandatory for one dimension.
D. Security can be assigned at a parent level.
E. Security can be disabled for any dimension.
5. Which three fields must be defined when register- A. Source Type
ing a file-based source system in Data Manage-
, Oracle FCCS Certification Questions
Study online at https://quizlet.com/_erow3v
ment? (Choose three.) B. Drill URL
A. Source Type E. Name
B. Drill URL
C. Cloud Type
D. Description
E. Name
6. When a Financial Consolidation and Close (FCCS) D. The ICP dimension will be
application was created, no intercompany options omitted.
were enabled. Which statement is true?
A. The FCCS_No Intercompany member of the ICP
dimension will be used for all data
B. Data can be stored by intercompany partner but
no eliminations will occur.
C. An extra custom dimension will be available.
D. The ICP dimension will be omitted.
7. For which three tasks can Data Management be A. loading data that is peri-
used? (Choose three.) od-to-date or year-to-date
A. loading data that is period-to-date or B. drilling through from a web
year-to-date form or Smart View
B. drilling through from a web form or Smart View C. loading data from a fixed
width or delimited text file
, Oracle FCCS Certification Questions
Study online at https://quizlet.com/_erow3v
C. loading data from a fixed width or delimited text
file
D. writing back data to source systems
E. loading a Metadata Import File
8. You are required to define a form that displays all D. the Point of View
form data for only specific View dimension mem-
ber and not allow users to change this. Where on
the form do you define the View dimension and
select the correct member?
A. a column
B. Other Options section
C. the Page Axis
D. the Point of View
9. Which dimension includes the FCCS_Global As- C. Entity
sumption member that is used to store currency
information?
A. Account
B. From Currency
C. Entity
D. Currency
10.
