Lolan001

You are specifying the workflow parameters for an Enterprise Joumals template. You want journals created based on this template to be posted as soon as the preparation is done. Which option should you choose in the Workflow section?. "Prepare and then Approve as the Workflow option, and then "Prepare and then Post". "Post after Preparation" as the Workflow option, and then "Prepare and then Post". "Prepare and then Post as the Workflow option, and then "Post". "Prepare and then Approve as the Workflow option, and then "Post after Preparation".

You define and assign approval groups to dimension members. An approval group is defined as a combination of member from which dimensions?. Account, Movement, Intercompany, Data Source, Multi- GAAP, Custom and Consolidation. Account, Movement, Intercompany, Entity, Multi- GAAP, Scenario and Consolidation. Account, Movement, Intercompany, Entity, Multi- GAAP, Scenario and Data source. Account, Movement, Intercompany, Entity, Multi- GAAP, Scenario and Custom.

You use the Data Source dimension to track the source of data and determine whether data is manually entered or loaded from a General Ledger, journal posting, or from supplemental detail. Which is not a default member of the Data Source dimension?. FCCS_Non Suplemental Data. FCCS_No Data Source. FCCS_Data Iput. FCCS_Total Data Source.

The consolidation dimension enables you to report on the details used to perform different stages of the consolidation process. Which two are members of the consolidation dimension?. FCCS_TotalInputAndAdjusted. FCCS_Data Input. FCCS_Entity Input. FCCS_Proportion.

Your business process includes Intercompany Data. Which two options are available for selection when enabling Intercompany Data?. Yes, with Tracking (You can track your intercompany elimination data separately by data source.). Yes (The Intercompany dimension is displayed in your application.). Yes, without Tracking (The total elimination value from all data sources is stored as one total rather than by data source detail.). No (The Intercompany dimension is not displayed in your application.).

You are defining a file-based integration. When selecting general integration options, you can add or edit the attributes or properties assigned to the location. Which two are location attibutes you can define?. Parent Location. Functional Currency. Logic Rule Entity Group. Consolidation Rule Group.

In data integration you need to map records with the label AcctRec in the Account field of the source file to the member name short Term Rec in the target. Which map type would you use on the Map Members tab?. Explicit. In. Is Like. Between.

As an administrator, you want to automate task and perfom them remotely using the EPM Automate tool. Which two are Financial Consolidation and Close task that you can perform using EPM Automate?. Import journals. Run a business rule. Load a data file. Export metadata.

You can refresh the database on the Application page. You must refresh it whenever you change the structure. Which action requires refreshing the database?. You edit the Consolidation Operator for a member in the Account dimension. You edit the alias for a member in the Entity dimensión. You deploy a new configurable calculation rule in Calculation Manager. You change the ownership pertentage for an entity.

When configuring the financial consolidation and close business process. You can select the aplicable ratio calculations that you want to include. Which four sample ratios can be selected during business process creation?. Debt Ratio, Inventory Ratios, Days Sales in Receivables and Gross Margin. Inventory Ratios, Contribution Margin, Earnings per Share and Gross Margin. Contribution Margin, Debt Ratio, Inventory Ratios, and Days Sales in Receivables. Earnings per Share, Days Sales in Receivables, Gross Margin and Inventory Ratios.

When you configure an application you can select the multi-GAAP option if you need to report your financial statements in the both local GAAP and in IFRS or other GAAP. Which two statements are true about the Multi-GAAP feature?. When you enable the Multi-GAAP feature, you can select manual adjustments or calculated adjustments. Select this option if you need to report your financial statements only in IFRS. You must specify a prefix for entities that use the alternate gap standard. Enabling Multi-GAAP reduces the number of custom dimensions you can have.

You want to créate a snapshot that can be used to clone an environment to migrate an application from a production instance to a test instance for troubleshoo and aditional development work. Which statement is FALSE when you are cloning a Financial Consolidation and Close environment?. You must have both the Service Administrator and Identify Domain administrator roles to execute the Clone. You can include Data Management artifacts in the clone. The most recent Artifact Snapshot created by daily maintenance is used for the snapshot. You can include the inbox and outbox contents in the clone.

As an administrator, you want to define security for dimensions Which two statements are true about enabling security for dimensions?. The default dimension secunty access for all users is Read. You can disable security for any dimension, but security is mandatory for at least one dimension. Security is enabled by default for most dimensions, including Account, Entity, Data Source, and Movement. You cannot assign data security at the parent level for all descendants, you must assign security to each dimension member independently.

Financial Consolidation and Close implements several security layers. For which two artifacts in an application can a Service Administrator or creator of an artifact assign access permissions to users and groups?. Report Lists. Journals. Forms. Smart Lists.

You need a report that displays all adjustments to account balances of child entities for a parent, including journal adjustments, intercompany eliminations, and adjustments from consolidation rules. Which type of report can you run to accomplish this?. Journal. Financial. Intercompany. Consolidation.

You want to approve your data using approval groups. Which statement best describes an approval group?. The users authorized to approve a task in Task Manager. A phased approval process with approval units that submit a portion of an entity's data for review. The entities included in an approval unit. A group of users authorized to approve data for an entity.

You want to export Financial Consolidation and Close metadata to a file. What is the file type/file extension of data exports from Financial Consolidation and Close?. The data export format/file extension is always a DAT file. The data export format/file extension is always an XLS file. The data export format/file extension is always a CSV file. The data export format/file extension is always a ZIP file.

As an administrator, you define which dimensions have security. Once security is enabled for a dimension, users and groups can be given access to the members in the dimension. Which two statements are true about assigning security access to dimension members?. When you assign access to a parent member, you can specify that the access will include its descendants. If a user has Read access to the Account member and Write access to the Scenario member for a cell in a data form, the user receives Read access to the cell. If a user has Read access to the Account member and Write access to the Scenario member for a cell in a data form, the user receives Write access to the cell. The default access to members in a dimension for which security is enabled is Write.

You are creating a data integration between Financial Consolidation and Close and another data source. Which two tasks must you perform before you begin creating a data integration?. Specify that certain products are valid only for some entities and accounts. Map data management scenarios to Financial Consolidation and Close properties. Register your Financial Consolidation and Close application and configure consolidation options. Map data management periods to years and periods in Financial Consolidation and Close.

When setting up data integrations, you can set options for data loads on the Options tab of the Application Details dialog box. Which two options are available for Financial Consolidation and Close applications?. Enable Minus Loading: Specifies whether to allow negative values to be loaded. Create Drill Region: Specifies whether users can drill from cells in forms to source data. Load Type: Identifies whether you are loading regular data or journals. Staging Table Mode: Specifies how to load data to staging tables for Workbench.

You have added Configurable Calculation rules to Financial Consolidation and Close calculations on the Local Currency tab of the Consolidation Process page. When are the Configurable Calculation rules executed?. After Equity Pickup. After Balance the Balance Sheet. After Calculate Movements. After Opening Balance Carry Forward.

Financial Consolidation and Close provides currency translations for a multi-currency application. The default translation process applies the Periodic translation method to Flow accounts and the Year-to- Date method to Balance accounts. Which two rate account options are available when configuring default translation methods for Flow and Balance accounts?. FX Rates - Ending. FX Rates - Historical. FX Rates - Average. FX Rates - None. FX Rates - Opening.

You have an application with Account as the dense dimension. Which two actions must you complete before you convert an application with Account as dense to an application with Period and Movement as dense?. Verify that the Data Storage option for parent members is set to "Never Share.". Make a backup of the application. Disable the automatic maintenance window. Ensure there are no metadata validation errors.

When you create an application, the Movement dimension is created by default with seeded members and system members are added based on the optional features that you enable. Which two tasks are you able to perform using the Movement dimension?. Create member formulas for Movement dimension members to improve consolidation performance. View details of the cash flow movements when viewing the Balance Sheet. Create cash flow members and hierarchies for Cash Flow Reporting in the Entity and Product dimensions. Automatically generate the Cash Flow due to the segregation of movements based on cash flow categories.

When you create an FCC business process, the system creates the Currency dimension. However, it is only displayed if the application is a Multi-Currency application. Which four are included in the Currency dimension?. Default Currency, Entity Currency, Parent Currency, and Journal Input Currencies. Reporting Currencies, Input Currencies, Entity Currency, and Parent Currency. Input Currencies, Default Currency, Entity Currency, and Parent Currency.

The approval unit hierarchy identifies entities that are part of the review or approval process. You want to assign approval unit owners and reviewers. Which statement is FALSE about setting up approval unit hierarchies?. You cannot assign groups as owners of approval units. Child entities inherit the owner assigned to their parent. You can assign reviewers as well as owners to approval units. You must be a Service Administrator to assign ownership to approval units.

You are assigned to a role that allows you to run a consolidation. You also have Write access to the parent entity to be consolidated. Which statement is FALSE about running consolidations?. When you consolidate an entity for a period, prior periods with the Impacted calculation status are also consolidated. Running consolidation using the Force Consolidate option consolidates entities with any calculation status other than OK or NO DATA. When you consolidate a parent, children with the Impacted calculation status are also consolidated. When you run consolidation for a child with the Impacted calculation status, the parent entity is also re-consolidated.

Multiple consolidation methods are established to facilitate consolidation and elimination rules. Which statement is FALSE about the Holding consolidation method?. The ownership percentage for entities with the Holding consolidation method must be 90% or greater. The immediate parent of the legal entity with the Holding consolidation method represents that entity's consolidated results. The Control setting for the Holding method is Yes. The Holding consolidation method can be applied to only one child entity per parent.

After you run a data integration, you can view the results in Workbench. Which task can you perform using Workbench?. Edit the data load file format. Define a dimension mapping. Configure data load options. Review the mapping of source to target members.

When you create a currency for an application, you can enable it for reporting purposes. Which statement is true about reporting currencies?. All input currencies that you add are automatically added as reporting currencies as well. All reporting currency members have the suffix _Reporting. When you run the Consolidate business rule, you can select one or more reporting currencies to translate to. During consolidation, rates for translating to reporting currencies are calculated by triangulation through the rate for translating to the parent currency.

When you run a consolidation, the process gathers data from descendant entities and aggregates the data to parent entities. Which statement correctly describes what happens to parent entities during consolidation?. Data from the FCCS_Contribution Consolidation dimension member of the child entities is aggregated and stored in the FCCS_Entity Consolidation member of the parent. For each child entity, the period Opening Balance is subtracted from the period Closing Balance to determine the current period change value, and the values are aggregated to the FCCS_Entity Consolidation member of the parent. The changes in the relational database are synced to the underlying Essbase cube. Because parent entities are tagged as Dynamic Calc, the consolidation has no effect on the Entity dimension.

In the Account dimension, the structure of the Balance Sheet is created with Dynamic Calc parent members. Which two formats are available?. • Net Assets (Assets = Liabilities + Owner's Equity). • Liabilities (Assets = Traditional + Owner's Equity). • Traditional (Assets = Liabilities + Owner's Equity). • Net Equity (Assets + Liabilities = Owner's Assets).

A change has occurred that may affect the data for specified dimensions. For example, a new rules file or metadata file has been loaded, or the currency rate has changed. Which calculation status will be displayed?. • Impacted. • System Change. • OK. • Needs Translation.

When creating a data integration, you can use target expressions to set default values for dimensions or transform data as it is imported or exported. which two are examples of what can be performed by adding a target expression to a dimension?. On the Map Dimensions tab for a data integration. Clear the target data for a dimension before loading. Prevent zeros from being loaded. Add a prefix to the members being loaded.

You create and run integrations from the Data Integration page. Where can you set the default member for the Currency dimension in a data integration?. • Location Attributes in the Create Integration dialog box. • Options tab of the Application Details dialog box. • Map Members tab in the Create Integration dialog box. • Run Integration dialog box.

You want to configure the Audit Information feature to view the tasks performed by users. For which task group is Audit enabled by default?. • Journals. • Data only. • All task categories. • No task categories.

The data type determines how values are stored in account members and how exchange rates are used to calculate values. Which two statements are true about exchange rates?. • When you enter a direct rate to translate from Currency A to Currency B, an indirect rate for translating from Currency B to Currency A is automatically calculated as well. • In order to enter historical override rates for an account, the Exchange Rate Type property for the account must be set to Historical Rate Override. • Triangulated currency rates are not supported. • If no exchange rate is entered for translating from Currency A to Currency B, an exchange rate of 1 is assumed.

You are setting up a Supplemental Data collection interval to customize your data collections by customizing the PDV to your specific collection needs. Which two can be selected as Workflow dimensions for a collection interval in Supplemental Data Manager?. • Period. • Entity. • Scenario. • Year.

You want to use Access Control to assign a consolidation journal application role to a user to allow the user to create, modify, and delete consolidation journals and consolidation journal templates. Which application role do you assign?. • Consolidation Journals - Create and Delete. • Consolidation Journals - Create Journals. • Consolidation Journals - Manage Journals. • Consolidation Journals - Create.

You want to import descriptive flexfields as a part of the import journals scheduled process when Direct Integration is enabled. Which two statements are true about importing descriptive flexfields?. • You can select “Import Descriptive Flexfields with Validation” when creating sources for Enterprise Journals. • Before importing descriptive flexfields, they must be configured in the Oracle Cloud Financials application. • Descriptive flexfields can only be of plain text type. • Descriptive flexfields are used for customized data capture and usage.

As an administrator, you have defined an approval unit hierarchy and started the approval process. After the process is started, the approval unit moves from one reviewer to another until the process is complete. The approval unit has the status Under Review. Who can modify data for the approval unit?. • Any user with Write access to the dimension members in the approval unit. • The current owner, Service Administrator, or Power User. • Only the administrator. • The current owner. • The current owner or Service Administrator.

The close cycle covers seven days and consists of three days of preclose preparation tasks, one day to close the books, and then three days of reviewing, analyzing, and reporting. Which day range should you define to configure a Task Manager task template to monitor all seven days?. • Day 1 to Day 7. • Day -3 to Day 3. • Day -2 to Day 4. • Day -3 to Day 4.

You can view the calculation status to determine whether data needs to be translated or consolidated. Which two calculation statuses would require a user to run consolidation?. • Impacted. • Not Started. • System Change. • Approved. • OK.

You can view the calculation status in forms and grids and then take action as necessary. For which four dimensions does Financial Consolidation and Close maintain the calculation status?. • Entity, Consolidation, Year, and Period. • Consolidation, Entity, Year, and Period. • Scenario, Entity, Year, and Period. • Year, Consolidation, Entity, and Data Source.

To which Financial Consolidation and Close dimensions do you map Data Management periods?. • Period, Year, and View. • Period. • View. • Period and Year.

You want to create an integration in Data Integration to import data into the Forecast scenario in Financial Consolidation and Close. Which is a required action to accomplish this?. • In the Map Members tab in the integration, use an Is Like map type to map all source records to the Forecast member in the target. • In Category Mapping, map a source category to the Forecast member in the target. • In Application Options, enter Forecast as the default member for the Scenario dimension. • In the Map Dimensions tab in the integration, map the column for Scenario in the source to the Scenario dimension in the target.

You need to translate currencies during the consolidation process. Which two conditions must be met for foreign currency translation to take place during the default consolidation process?. • The default currency of the child is different from the default currency of the parent. • To specify exchange rates, you must set up multiple currencies when creating an application. • Reporting currencies have been defined in the Currency dimension. • The child entity is NOT a shared entity.

All Movement dimension base members are translated at the selected translation settings except for the Opening Balance Adjustment member. Which exchange rate is used to translate data for the Opening Balance Adjustment member for nonhistorical accounts?. • Current period Opening rate. • Prior period Ending rate. • Current period Average rate. • Current period Ending rate.

You want to use the EPM Automate utility to automate frequently used day-to-day tasks from the command line. Which statement about EPM Automate is FALSE?. • You must be a Service Administrator to execute tasks using EPM Automate. • You can run business rules using EPM Automate. • You use your EPM Cloud Identity Domain credentials to log in to EPM Automate. • Files are exported to the server's Outbox folder by default.

You want to set up valid intersections to define rules, which act as filters when users enter data or select runtime prompts. Which two statements are true regarding shared members and valid intersection rules?. • If a shared member is selected for a valid intersection rule, then the base member is not included in the rule. • Shared members are not supported in valid intersection rules. • If a base member is included in a valid intersection rule, then any shared member is included in the rule. • Shared members are supported in valid intersection rules.

You routinely create a backup snapshot file of application artifacts and data as part of system maintenance. Which navigation path would you use to create a snapshot file to back up a form?. • From the Home page, select Tools, and then Migration. • Open the form, select Actions, and then Export. • From the Navigator menu, select Forms. • From the Home page, select Tools, and then Clone Snapshot.

You want to use Financial Reporting Web Studio to design reports. Which two are insertable report objects when designing a report in Financial Reporting Web Studio?. • Chart. • Header. • Grid. • Footer.

If you select the Intercompany Data option, you need to select an aggregation option for aggregating Intercompany entities to the Intercompany Top member. Where do you set the Intercompany Entities Aggregation option?. • On the Properties page of the Intercompany dimension. • In the Setup Wizard during business process creation. • In the member properties of the Intercompany Entities member. • In the member properties of the Intercompany Top member.

The Intercompany Entities Aggregation option for your business process is set to Ignore. What is the result of this?. • Data for intercompany entities is not eliminated during consolidation. • Elimination data for intercompany entities is not written to the plug account. • Data for intercompany entities is not aggregated to the Intercompany Top member. • Data for intercompany entities is not aggregated to the Intercompany Entities member.

You created a navigation flow named Analysts that should be the default navigation for users in the Analysts user group. How can the Analysts navigation flow be made the default for the Analysts user group?. • In Application Settings, assign analysts to the Analysts user group in the System Settings section. • In their User Preferences settings, members of the Analysts user group should select Analysts in the Navigation Flow list. • In the Analysts navigation flow, select the Analysts user group in the Assign To field. • Because the navigation flow was given exactly the same name as the user group, it is assigned automatically to the group.

When you create an approval unit hierarchy, the system includes a default FCCS.DefaultGroup. Which two statements are true about the FCCS.DefaultGroup approval group?. • It is always the last submission phase in the approval unit hierarchy. • It is always the first submission phase in the approval unit hierarchy. • It includes all accounts not included in any other approval group. • You can delete it if you are defining your own approval groups.

After you define an approval group, you assign it to an approval unit hierarchy. You can create as many approval groups as you want for an application. How many approval groups can you assign to an approval unit hierarchy?. • 50. • No limit. • 20. • 5.

You want to use Equity Pickup as a method of re-evaluating the investments owned by a holding company, allowing the parent to realize changes in equity. Which statement is FALSE about the Equity Pickup feature?. • Equity Pickup rules run as part of the consolidation process. • Seeded rule sets are provided for Equity Pickup. • Equity Pickup rules are run on demand from the Rules card by users with launch permission. • Equity Pickup requires Ownership Management with the Equity Pickup feature to be enabled.

The Consolidation journal status indicates the current state of a consolidation journal. As the creator of a consolidation journal, which status should you select when a consolidation journal is ready to be submitted?. • Working. • Completed. • Posted. • Submitted.

You want your users to have the ability to create unbalanced journals to provide more flexibility for creating consolidation journals that are offset by other business processes. Which two statements are true about unbalanced journals?. • Users who can create journals must have special permissions to create unbalanced journals. • You must enable a Journal Workflow to use Unbalanced Journals. • The Unbalanced Journals option must be selected during the enable features process. • Unbalanced journals are only available for applications that use Dense/Sparse Optimization (DSO).

When you set up approval unit hierarchies for approval groups, you use the extended approval flow option and can include phase dependencies. Which statement is true about an approval process with the Phase Dependency option enabled?. • If you choose Phase Dependency, you cannot start a later approval group for an entity before and earlier approval group for that entity. • When you create your approval unit hierarchy, the system includes, as the last phase, a default FCCS_DefaultApprovalUnitHierarchy to ensure that all members of each dimension are included. • With the introduction of approval groups, you cannot support phase dependency submissions at varying times without creating additional scenarios. • When all phases are locked, the data for the Approval Group Account is locked.

The Entity dimension displays a property for members that specifies if the member should be included in the Intercompany dimension. If the property is selected. member with the same name is created in the Intercompany dimension.Which two statements are true about the Intercompany Data with Tracking option selected during application creation?. • It reduces the amount of custom dimensions available by one. • It enables you to track your intercompany elimination data separately by data source. • It is required if you want to use Supplemental Data Collection. • It is required if you want to use Ownership Management.

You can use Groovy script to add custom rules to your application, either to the consolidation process or as on-demand rules. Which two statements about Groovy rules are true?. • You cannot schedule Groovy rules to run in the Job scheduler. • You can create Groovy rules in the Calculation Manager. • You cannot run EPM Automate. • commands from Groovy rules. • You can include both Groovy rules and calc-script rules in the same ruleset.

Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company that consolidates in Euro. One of the Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc. Which process produces USD balances for Company IOU?. A translation to the USD_Reporting currency member for Company IOU. A translation of Company IOU. A consolidation of Company 123. A consolidation of Company XYZ. A translation of Company XYZ to Parent Currency.

As an Administrator, you set up an approval process and organize data into approval units for review. For which three dimensions do you assign approval unit hierarchies?. Year, Period, Account. Scenario, Year, Period. Entity, Year, Scenario. Account, Year, Period.

Ownership management involves managing global consolidation settings and applying those settings to each entity hierarchy on a scenario-by-scenario, year-by-year, and period-by-period basis. Which two can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with ownership management enabled?. Control. Minority interest percentage. Ownership percentage. Consolidation percentage.

Data is secured by giving user access to dimension member. Which statement is False about establishing data security for financial Consolidation and Close?. Security, can be assigned at the parent level. Security must be assigned to each dimension member independently. Security can be disabled for any dimension. Security is mandatory is mandatory for one dimension.

After all supplemental data approvals are done and the workflow option is Post. Which supplemental Data workflow role is required to post data from Supplemental data to Financial Consolidation and Close?. Approver. Preparer. Integrator. Administrator.

When importing data, you apply target expressions instead of member mappings to perform simple data transformation. Which two statements are true about using target expressions?. Transformations using member mappings perform significantly better than target expressions for large data sets. If you do not define target expressions, you must add a mapping for each dimension. If your data transformations can be achieved using target expressions, Oracle recommends using target expressions instead of mapping member. If you have defined target expressions to derive the target members for a given dimension, then you have to define member mappings.

To run a data integration, you click, Run on the Data Integration page to open the run integration dialog box, where you can select run integration options. Which three options can you select?. Category, Location, and Import Mode. Location, Import Mode, and Export Mode. Import Mode, Export Mode, and Category. File, Import Mode, and Export Mode.

When using Data Integration to extract data to a target Cloud EPM application, you establish the mapping relationship by defining a period mapping between t source system periods and the target Cloud EPM application periods. When creating a Global Mapping, which target period is not an available option?. Quarter. Month. Week. Year.

When you create an application you can enable the ownership management feature, which allows you to assign ownership percentage and consolidation methods. Ownership Management can be enabled or without Equity Pick up. Which statement is true about Equity Pick up?. Selecting the Equity Pick -up option allows you to enable rules to write data to a partner member,. The Equity Pick -up option writes data to the Eliminations consolidation member of a sibling of the entity being processed. It is a method of re-evaluating the ownership percentage owned by a subsidiary company, allowing the parent to automatically modify its consolidation methods. It is a method of re-evaluating the investments owned by holding company, allowing the parent to realize changes in equity.

You need to create a journal that allows you to enter line-item values in a single currency for all entities in the journal, even it the entities currency Which action would you perform?. Click the currency dimension in the Journal Point of View select a currency. Create a member in the Data Source dimension with Journal for source Data Type, and assign it a currency, and then select the Data Source member in the journal. Enable the currency dimension in the journal line items, and select the currency for each line item. Create a journal group, select a currency for the group, and then add to the group.

When configuring a new application, you can set currency options on the Details page. Which two statements are true about configuring currencies in the setup wizard when creating a new application?. If you enable the multi-currency option, then a currency dimension will be created. You can change or enable currency option after you create an application. You can select the main currency. You can select translation methods for flow and balance accounts.

As an administrator you can assign user access to individual forms. Which two statements are true about assign security access to forms?. Power users have Write access to all dimension members and to all forms. Power users cannot access forms created by a service Administrator. User and Power Users can view or enter data only into forms to which they have access. Service Administrator and Power Users can design forms.

Which role inherits the privileges of Power Users, Users, and Viewers?. Default. Super user. Service Administrators. All of the options.

When cloning a Financial Consolidation and Close environment, which two statements describe what happens when there is a mismatch between Essbase version in the source and target environment?. If the source environment has hybrid version of Essbase and the target environment has a nonhybrid version, the clone process fails. If the source environment has an Essbase version higher than the target environment version, the clone process fails. If the source environment has an Essbase version higher than the target environment version, the Essbase version on the target is upgraded to match the version on the sources. If the source environment has a hybrid version of Essbase and target environment has a nonhybrid version, the target environment is updated to hybrid Essbase.

During application creation, you do not select the intercompany Data option because your business process does not include intercompany data. Which statement is true the intercompany Data feature is not enabled when the Financial Consolidation and Close business process is created?. The FCCS_No Intercompany member of the ICP dimensions is used for all data. The Intercompany dimensions will not be displayed. An extra custom dimension is available. Data can be stored by the intercompany partner, but no eliminations occur.

The hierarchy in the movement dimension plays and important part in the consolidation process and captures the movement details of an account, by default the system allow members to capture the Opening Balance Closing Balance, changes and FX calculations. Which two statements are true about the roll forward calculation in the movement dimension?. Translated values for Closing Balance are adjusted to the ending rate for the period. Values for based-level Movement members are calculated as the difference between Closing Balance and Opening Balance. Data for opening balances must be loaded to the Opening Balance member prior to consolidation. Values for Opening Balance are retrieved from the prior period´s Closing Balance.

Which are the types of application roles?. Enterprise Cloud Platform roles, Data Integration roles, Enterprise roles, and Task Manager roles. Enterprise Cloud Platform roles, Data Integration roles, Consolidation Journal-Related roles, and Task Manager roles. Enterprise Cloud Platform roles, Database roles, Consolidation Journal-Related roles, and Task Manager roles. Enterprise Cloud Platform roles, Data Integration roles, Consolidation Journal-Related roles, and Service Administrator roles.

During application creation, you select the Intercompany Data option because your business process includes intercompany data. When you select this option, the system creates an intercompany dimension containing system members. Which statement about the Intercompany dimension is correct?. All members in the Entity Dimension for which ICP_Entity_Yes is selected, are automatically included in the Intercompany dimension. All level-zero members of the Entity dimension are automatically included in the Intercompany dimension. You can add base members to the ICP dimension that do not exist as members in the Entity dimension. Deleting a member from the Entity dimension that is tagged as Intercompany does not remove the member from the ICP dimension.

A company based in the UK has their currency set to GBP and collects data from a subsidiary based in the US, where the functional currency is USD. Which two items facilitate the reporting of the subsidiary's common stock balance at a historical rate in the GBP reporting currency?. Rate data for Common Stock must be loaded or entered in the Override Rates form. Common Stock must have an Exchange Rate Type set to Historical Rate Override. Common Stock must have a Data Storage property set to Never Share. USD must be created as a reporting currency. The subsidiary must have a parent entity with a GBP currency.

You want to use the single Time dimension to combine. Year an Period dimension in your data forms Which two are prerequisites for using the SingleTime dimension?. Your applications must use the Dense/Sparce Optimization (DSO) option. You must enable Single Time dimensions during the application creation process, or after application creation from the enable Features page in Application Configuration. Create a data form and on the properties tab, for Replace Dimensions, select Year and Period. For Single Time functionality to be available, the form must have both the scenario and Period dimensions on either the row or the column, with no selections for either.

A company has two subsidiaries with 1000 EURO each in the Cash account, if the consolidation percentage is 100% for the subsidiaries, which four Consolidation dimensions member of the parent company, will have a value of 2000 EURO?. FCCS_Entity Consolidation, FCCS_Entity Input, FCCS_Proportion, FCCS_Contribution. FCCS_Entity Total, FCCS_Entity Consolidation, FCCS_Proportion, FCCS_Contribution. FCCS_Entity Input, FCCS_Elimination, FCCS_Entity Input, FCCS_Proportion. FCCS_Proportion, FCCS_Elimination, FCCS_Entity Total, FCCS_Entity Consolidation.

Ownership Management consists of managing global consolidation setting and the application of those consolidation settings to each entity hierarchy on a scenario-by-scenario year-by-year and period-by-period basic. Which two can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled?. Minority Interest Percentage. Control. Ownership Percentage. Consolidation Percentage.

You can set up a schedule to define a Chronology ordered set of tasks for a business process. Which two statements are true about task manager schedules?. You can change the status of a schedule that has been locked to Open or Closed. You can change the status of a schedule from Pending to Open or from open to Closed or Locked. You must use a template to create a schedule. After a schedule is set to Open, it cannot be reset to Pending.

Which feature in Oracle FCCS leverages Artificial Intelligence (AI) to assist with anomaly detection in financial data?. Smart View Predictive Planning. Narrative Reporting. Account Reconciliation Matching Engine. Intelligent Performance Management (IPM) Insights.

You want your users to have the ability to create unbalanced journals if you have data from varying systems or if the journals are offset by other business processes, such as custom rules or data loads. Which two statements are true about unbalanced journals?. You must enable a Journal Workflow to use unbalanced journals. All users who can create journals must have special permissions to create unbalanced journals. Unbalanced journals are allowed for all Scenarios, Entities, Consolidation Members. Entity Currency, and Input Currencies. The Unbalanced Joumals option must be selected during the Enable Features process.