Program, 2026 – complete exam questions with expert solutions
As an administrator, you have defined an approval unit hierarchy and started the approval process. After
the process is started, the approval unit moves from one reviewer to another until the process is
complete. The approval unit has the status Under Review. Who can modify data for the approval unit? -
(ANSWER)the current owner or administrator
You can set up a schedule to define a chronologically ordered set of tasks for a business process. Which
2 statements are True about Task Manager schedules? - (ANSWER)After it is open you cannot change it
to pending
You can change from pending to open or open and closed to locked
When you create a currency for an application, you can enable it for reporting purposes. Which
statement is true about reporting currencies? - (ANSWER)All reporting currency members have the
suffix _Reporting.
you can view the calculation status in forms and grids and then take action as necessary. For which four
dimensions does FCC maintain calculation status? - (ANSWER)Scenario, Entity, Year and Period
You need to translate currencies during the consolidation process. Which two conditions must be met
for foreign currency translation to take place during the default consolidation process? - (ANSWER)The
default currency of the child is different from the default currency of the parent
Reporting currencies have been defined in the current period
You want your users to have the ability to create unbalanced journals if you have data from various
systems or if the journals are offset by other business processes such as custom rules or data loads?
Which 2 statements are true about unbalanced journals - (ANSWER)The unbalanced journals option
must be selected during enable features process
Unbalanced journals are allowed for all scenarios entities consolidation members entity currency and
input currency
you want to create a journal tmplate to post adjustments that have common information such as
entities or accounts. Which 2 statements are true - (ANSWER)Recurring journals are automatically
created with a working status when the period is opened
, FCCS 2026 Questions and Answers, Fundamentals of Critical Care Support, Critical Care Education
Program, 2026 – complete exam questions with expert solutions
Recurring templates contain complete information for identical journal entries that occur for more than
one period
A change has occurred that may affect the data for specified dimensions. For example, a new rules file
or metadata file has been loaded, or the currency rate has changed. Which calculation status will be
displayed? - (ANSWER)System Change
During application creation, you select the Intercompany Data option because your business process
includes intercompany data. When you select this option, the system creates an Intercompany
dimension containing system members. Which statement about the Intercompany dimension is correct?
- (ANSWER)All members in the Entity dimension for which ICP_Entity_Yes is selected are automatically
included in the Intercompany dimension
The company PQR has an ownership structure as shown below. - (ANSWER)PQR
When a Financial Consolidation and Close (FCCS) application was created, no intercompany options
were enabled. Which statement is true? - (ANSWER)The Intercompany dimension will not be displayed
Which statement is true about equity pickup - (ANSWER)It is a method of re-evaluating the investments
owned by a holding company allowing the parent to realize changes in equity
When you create an approval unit hierarchy, the system includes a default FCCS_DefaultGroup. Which
two statements are true about the FCCS_DefaultGroup approval group? - (ANSWER)1. It includes all
accounts not included in any other approval group
2. It is always the last submission phase in the Approval Unit Hierarchy.
when you create and run integrations from the data integration page. Where can you set the default
member for the currency dimension in a data integration? Oracle - (ANSWER)Location Attributes in the
Create Integration dialog box