Question 1

Once metadata is updated and the database refresh has completed successfully, how will the status for allentities be listed via the default Data Status grid?

Options :

A : Impacted

B : Need Translate

C : OK

D : System Changed (SC)

Answer: D

Question 2

For which scenario would an On-Demand rule be an appropriate solution?

Options :

A : to perform a custom currency translation for a subset of accounts

B : to add a column with a calculation to a report

C : to copy data from one scenario to a different scenario

D : to allocate data to base entities prior to consolidation

Answer: D

Question 3

You want to prevent users from saving data in a form if the value entered for Headcount is greater than 1000. What is the most efficient means to accomplish this?

Options :

A : Create a Groovy rule

B : Create a Task Manager rule

C : Create a Configurable Consolidation rule.

D : Create a valid intersection rule.

Answer: A

Question 4

A company is based in the United Kingdom and has an application currency set to GBP. The company collectsdata 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 theGBP reporting currency? (Choose two.)

Options :

A : Common Stock must have an Exchange Rate Type set to Historical Rate Override.

B : The subsidiary must have a balance not equal to zero in Common Stock.

C : Common Stock must have a Data Storage property set to Never Share.

D : USD must be created as a reporting currency.

E : The subsidiary must have a parent entity with a GBP currency.

Answer: A,B

Question 5

Which statement is FALSE when setting up Shared Entities?

Options :

A : The calculation status will not change in all instances when data is changed in one instance.

B : The Data Storage Member Property must set to “Dynamic Calc”.

C : You build an alternate hierarchy by using partial share Entity members.

D : When data is posted to one shared entity, the data is posted to all instances.

Answer: A

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