Financial Consolidation and Close FCCS Exam QUESTIONS with correct answers

In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month? A. when the tasks are repeatable over multiple close cycles B. when the tasks require consistent definition across close schedules C. when the tasks are often late in completion and they need to be monitored more closely D. when the tasks require multiple levels of approvers correct answer: A. when the tasks are repeatable over multiple close cycles Which role can the "Approvals Supervisor" perform? A)They can start and stop a planning unit B)They can start and stop a planning unit and take any action on a planning unit C)They can start but not stop a planning unit D)They cannot stop or start a planning unit but can only give approval correct answer: B) They can start and stop a planning unit and take any action on a planning unit Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.) A. DAT file type B. Excel XLS file type C. Comma delimited D. Tab delimited correct answer: C. Comma delimited