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NEW QUESTION 27
If the
Intercompany Data feature is not enabled when the Financial Consolidation and Close (FCC) business process is created, which statement is true?

A. The ICP dimension is omitted.B. An extra custom dimension is available.C. Data can be stored by intercompany partner but no eliminations will occur.D. The FCCS_No Intercompany member of the ICP dimension is used for all data.

Answer: D

Explanation:
Reference:
admin_dimensions_intercompany_124x5ae77515.html

 

NEW QUESTION 28
Which statement is true regarding Data Management categories?

A. Categories must begin with FCCS_ to match their Financial Consolidation and Close counterparts.B. Application mapping is not required if the global mapping target category is exactly correct.C. The category's time frequency allows data to be loaded to daily, weekly, and monthly scenarios.D. Categories are defined on the Global Mapping tab and then the frequency is specified on the Application Mapping tab

Answer: A

 

NEW QUESTION 29
What will Financial Consolidation and Close (FCCS) do when adding a new member that is an expense type account under a parent that is set as an income type account?

A. subtract amounts consolidated to the parentB. this setting will not affect additions or subtractions to the next parentC. you can't load data to this accountD. add amounts consolidated to the parent

Answer: A

 

NEW QUESTION 30
Which statement correctly describes when a consolidation can occur within a given year/scenario?

A. The user specifies the desired parent entity, Feb as the period, Actual as the scenario, and 2018 as the year.B. The current period consolidation status is Impacted and the remaining periods are OK.C. A user with power user access first locks the entity so that other users cannot consolidate the same entity.D. An administrator runs Force Consolidate to force the consolidation of all entities regardless of status or content.E. A user has a power user access but only write access to the entity.

Answer: B

 

NEW QUESTION 31
Which two statements are correct with regard to Data Management locations? (Choose two.)

A. Location security allows users to be provisioned in Shared Services for read or modify access to each location.B. The logic account group is required in order to effect running of calculations after the data load.C. Locations must specify an import format, which may be used by other locations.D. Locations can share dimension member mappings by specifying a location as a parent location of others.E. A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.F. Data load rules can be shared across locations.

Answer: C,D

 

NEW QUESTION 32
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