Which of the following describes the BPC Standard Consolidation Solution? 2 corrects Consolidation applications in the web client Real time Balancing and reclassification using script logic Analysis for Office.
The Consolidation Monitor displays which one of the following? 1 correct The status of the ownership calculation The status of the consolidation execution The status of the business process flow steps The status of the balance carry forward package.
The release of SAP Business Planning and Consolidation on SAP BW /4HANA provides which of the following benefits? 3 corrects Better user adoption Improved performance The use of business process flows More detailed analysis options.
Which of the following are dimension types? 3 corrects Account Audit Time Flow Type.
What is one of the main uses of the Financial model type? 1 correct Planning and reporting with currency translation Planning and reporting with no currency translation Consolidation with minority interest calculation Consolidation with goodwill calculation.
EPM Reports have which of the following features? 2 corrects Multiple models One or more dimensions in an axis c) One or more properties in an axis One connection.
Which of the following describes Analysis for Office? 2 corrects Analysis does not have the built-in filtering aka EPM Context Properties can be used like dimensions in the report axis Data import capability Built in BPC features.
Which of the following components are mandatory to load data? 2 corrects A Data Manager Package A Transformation file A Conversion file A Script Logic file.
Which of the following is the correct purpose of the Consolidation.lgf logic script? 1 correct Execute carry-forward rules to carry over closing balances Execute US elimination rules Execute Eliminations and Adjustments rules to eliminate, for example, intercompany accounts, investments, or record minority interests Execute the intercompany bookings rules to correct intercompany differences.
Which of the following is not a Reclassification business rule field? 1 correct Category Flow Audit Entity.
Which of the following are options to run BCF? 2 corrects Control monitor Consolidation monitor Data Manager package link Data Manager package.
Which of the following are options when using journals? 3 corrects Multiple periods Multiple models Multiple values Multiple templates.
You use currency translation rules to translate the source currency (local currency) into a target currency. Which of the following statements are correct? 3 corrects The source currency (GBP, CNY…) is recorded on the CURRENCY dimension of the data records The source currency is defined in the CURRENCY property of the entity members The target currency is selected when you run the currency translation The target currency is defined in the GROUP_CURRENCY property of the group member.
Intercompany booking is conducted after which of the following events? 1 correct After the intercompany Matching After intercompany eliminations After equity pick up After consolidation.
What is the Ownership Model is designed to store? 1 correct The mapping of entity to intro member IDs The entity dimensional hierarchy The investment amounts in group currency at the day of acquisition The corporate investment structure.
Integration rules are used to: 2 corrects Eliminate via elimination entities Record data by scope when running consolidation Reduce data volumes Record data by scope when running translation.
Which of the following can be used to eliminate Intercompany activities? 3 corrects US Elimination Booking Elimination and Adjustment Multipliers Matching.
US Eliminations can be used when: 3 corrects You need to record elimination entries by elimination entity You need to record elimination entries by segment and trading partner You need to record elimination entries by entity and trading partner You need to record elimination entries by scope.
You need to explain management consolidation to your co-worker. What can you say to them? 2 corrects Management consolidation focuses on the income statement Management consolidation focuses on the balance sheet Management consolidation focuses on intercompany eliminations Management consolidation focuses on intracompany eliminations.
The purchase method can be described as follows: 3 corrects The parent owns greater than 50% of the subsidiary The parent owns less than 50% of the subsidiary Minority interest may be calculated Goodwill may be recorded.
To run the investment elimination, you need to assign which method to the parent? 1 correct 10 20 30 99.
Stage consolidation is activated by setting which of the following dimension properties? 2 corrects Group-type dimension - DATASRC_LEVEL=Y Audit-type dimension - DATASRC_TYPE=L Group-type dimension - DATASRC_LEVEL=N Audit-type dimension - DATASRC_TYPE=T.
Scope variation has which of the following features: 2 corrects Automatic generation of postings for new acquisitions and divestitures Calculation of group ownership percentages Scope data manager package Transparency of financial impacts in special flow members.
Equity Pick Up is: 2 corrects Used to generate standalone entity specific financial statements Used to generate standalone elimination entity specific financial statements Run before consolidation Run after consolidation.
Work status can be set with which of the following methods? 2 corrects Based on a status change of a BPF step Running a data manager package The Save Data drop-down in the EPM add-in The set work status security task.
You have defined Controls rules. Some controls should only apply to the holding companies, and not to the subsidiaries. What is the correct way to set this up? 1 correct Create two Control Sets and assign them to the entities In the upper and lower panels of the Control Rules, select the entity by using a DIMLIST property Define for this control a Control Level linked to the CONTROL_LEVEL property of the holding entity Dismiss the controls for the subsidiaries.
Which of the following are required to use a BPF template? 1 correct Approve Deploy Complete Submit.
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