1z1-983 무료 덤프문제 온라인 액세스

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.you can't load data to this account
• B.subtract amounts consolidated to the parent
• C.this setting will not affect additions or subtractions to the next parent
• D.add amounts consolidated to the parent

UESTION NO: 64
An entity's Common Stock balance is made up of data loaded through Data Management and an adjusting journal entry posted in the application. The Common Stock balance must not re-translate each month.
What two data entries need to happen to have the Common Stock balance bypass the default translation of equity accounts? (Choose two.)

• A.A journal entry to reverse the adjusted Common Stock balance with the Data Source member FCCS_Journal Input.
• B.Data entry to the Common Stock account with the FCCS_Amount Override member of the Consolidation dimension and the Data Source member FCCS_Managed Data.
• C.A journal entry to the Common Stock account with the FCCS_Amount Override member of the Consolidation dimension and the Data Source member FCCS_Journal Input.
• D.Data entry to the Common Stock account with the Multi-GAAP FCCS_Adjustments member and the Data Source member FCCS_Data Input.

What can the Intercompany Dimension be enabled and made visible within your application?

• A.during application creation and selecting the Intercompany Data feature option
• B.after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Account attribute
• C.during application creation and selecting the Multi-source Data Input of Other Data
• D.after application creation by selecting any Account as IC_Acc_Yes for the Intercompany Entity attribute

A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD.
Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)

• A.The subsidiary must have a balance not equal to zero in Common Stock.
• B.Common Stock must have a Data Storage property set to Never Share.
• C.Common Stock must have an Exchange Rate Type set to Historical Rate Override.
• D.The subsidiary must have a parent entity with a GBP currency.
• E.USD must be created as a reporting currency.

A client company has expanded quickly in the past year and has recognized the need to move their financial team off spreadsheets and to a more verifiable and automated solution.
Which two requirements from this team would Oracle's Financial Consolidation and Close Cloud Service satisfy? (Choose two.)

• A.dashboard reporting with daily revenue comparisons and KPI's that measure cost controls
• B.provide the ability to collaborate during close and analyse transaction detail in real time
• C.robust consolidation engine that provides automated aggregations, intercompany eliminations and translations without requiring a strong IT footprint
• D.leverage compliance efforts to fix process issues across all businesses and provide oversight for risk awareness
• E.a configurable reporting solution with prebuild dimensions, KPIs, reports along with a process to adjust data, monitor the close status and view data and compliance results in dashboards