When designing a report in Financial Reporting Studio, which two are insertable report objects?
Answer : AB
Explanation:
Report objects include:
ג€¢ Grids
ג€¢ Text
Reference:
https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/frweb/GUID-3559E92E-0EC6-42F8-BB48-97875171067E.pdf
Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled?
Answer : BCD
Explanation:
The Consolidation Method and Control setting can be manually changed if needed.
Reference:
https://www.schgroup.com/resource/blog-post/major-functionality-release-manage-ownership-oracle-fccs/
Which statement correctly describes the Consolidation dimension?
Answer : D
Reference:
https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/consol_dim.html
What is the correct Currency dimension member to select when running an Intercompany Matching Report?
Answer : B
Explanation:
Currency (Must be a Reporting Currency)
Reference:
https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/usfcc/setting_up_intercompany_matching_reports.html
What member of the Currency dimension is associated with the Entity Input member of the Consolidation dimension?
Answer : D
Reference:
https://www.platformspecialists.com/blogs-case-studies/understanding-consolidations-in-fccs
You need to define a form that requires users to select the entity for which to view data from a list that includes USA, Canada, and South America, but no other entities.
Where on the form do you place the Entity dimension?
Answer : A
Explanation:
The point of view is displayed on the top of the form. Elements that can be changed are displayed as links in the point of view. For example, if the Entity dimension is displayed as a link, you can change the entity but not the other dimensions in the point of view.
Reference:
https://docs.oracle.com/cd/E57185_01/OHFMU/form_pov.htm#OHFMU-Webdataforms472213
Which three are seeded data forms created during business process creation?
Answer : ABD
What are two important first steps in initially setting up Task Manager?
Answer : AB
Reference:
https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/cm_close_process_overview.html
Which statement is false regarding establishing security for Financial Consolidation and Close?
Answer : C
Explanation:
The Identity Domain Administrator is not a functional role; it does not inherit access privileges granted through functional roles. To access service features, the
Identity Domain Administrator must be granted one of the four functional roles in Tax Reporting.
Reference:
https://docs.oracle.com/en/cloud/saas/tax-reporting-cloud/agtrc/admin_security_predefined_roles_112x5e7954a4.html
Which two statements are true regarding shared members and valid intersection rules?
Answer : AB
Explanation:
Shared members are supported in valid intersection rules. If a base member is selected for a valid intersection rule, any shared members are also included in the rule.
Reference:
https://docs.oracle.com/en/cloud/saas/tax-reporting-cloud/agtrc/admin_valid_intersections_shared_members_and_rules_102x58c8d618.html
For your business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.
Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?
Answer : B
Explanation:
From the Consolidation Process page, select the Consolidated tab, and then selectConfigurable Consolidation.
Click the Create Rule Set.
Reference:
https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/consolidation_creating_rule_sets.html
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 : CDE
Which components are pre-built into Financial Consolidation and Close to provide a configurable and scalable consolidation solution?
Answer : C
Reference:
https://www.oracle.com/cz/a/ocom/docs/applications/epm/oracle-financial-consolidation-and-close-ds.pdf
Which security rights are required to have access to Dimension Management from directly within Financial Consolidation and Close?
Answer : D
Explanation:
Service Administrators have Write access to all dimension members and to all forms.
Reference:
https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/EPM-INFORMATION-DEVELOPMENT-TEAM-E93973-628A1C2A.pdf
Which statement is FALSE when setting up Shared Entities?
Answer : C