Question 1

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

Question 2

What will Financial Consolidation and Close do when aggregating data for a member that is set as an expensetype account to a parent that is set as an income type account?

Options :

A : This setting does not affect aggregation to the parent.

B : You cannot load data to this account.

C : Add amounts aggregated to the parent.

D : Subtract amounts aggregated to the parent.

Answer: D

Question 3

If the Alias of an Entity that marked as “Is Intercompany” and is later changed, what happens to thecorresponding Intercompany member Alias?

Options :

A : The Intercompany Alias is set to the Entity Name.

B : The Intercompany Alias is automatically changed to the new Entity Alias.

C : The Intercompany Alias is not automatically changed to the new Entity Alias.

D : The Intercompany Alias is automatically set to the Intercompany Name.

Answer: B

Question 4

You are required to create a form to allow users to input data. Which three actions or form componentsselected should accomplish this?

Options :

A : Set the currency on the form to the reporting currency member USD_Reporting

B : Level 0 dimension members on POV, rows and columns

C : Give data input users WRITE access to form dimension members

D : Set access rights for data input users to the form

Answer: B,C,D

Question 5

UESTION NO: 64An entity’s Common Stock balance is made up of data loaded through Data Management and an adjustingjournal 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 ofequity accounts? (Choose two.)

Options :

A : Data entry to the Common Stock account with the FCCS_Amount Override member of theConsolidation dimension and the Data Source member FCCS_Managed Data.

B : A journal entry to reverse the adjusted Common Stock balance with the Data Source memberFCCS_Journal Input.

C : A journal entry to the Common Stock account with the FCCS_Amount Override member of theConsolidation 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 theData Source member FCCS_Data Input.

Answer: B,D

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