1. Company 123 is a public company that reports in US Dollars. Company 12
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3 owns Company XYZ, a European company that consolidates in Euro. One o
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f the Company XYZ's subsidiaries is Company IOU, headquartered inSwitzerl
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and with a functional currency of the Swiss Franc. Which process produces
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USD balances for Company IOU?
m m m m
A. A translation to the USD_Reporting currency member for Company IOU
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B. A translation of Company IOU
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C. A consolidation of Company 123
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D. A consolidation of Company XYZ
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E. A translation of Company XYZ to Parent Currency: E. A translation of Com-
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pany XYZ to Parent Currency
m m m m m
2. Which statement is correct regarding intercompany eliminations?
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1m/m51
,A. Intercompany eliminations are generally required to remove the effect of
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transactions within the company
m m m
B. Intercompany eliminations are required for sustainability reporting to show
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the company's waste output.
m m m
C. Intercompany eliminations are optional in FCCS and use one of the customdi
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mensions when enabled.
m m
D. Intercompany eliminations are needed when a company divests itself of ad
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ivision: A. Intercompany eliminations are generally required to remove the effectof
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transactions within the company
m m m
3. What member of the Currency dimension is associated with the Entity Input
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member of the Consolidation dimension?
m m m m
A. Base Currency
m
B. Parent Currency
m
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,C. Local Currency
m
3m/m51
, D. Entity Currency: D. Entity Currency
m m m m
4. Which statement is false regarding establishing security for Financial Con-
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solidation and Close (FCCS)?
m m m m
A. All members are accessible for dimensions with no security applied.
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B. The Identity Domain Administrator inherits full access privileges.
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C. Security is mandatory for one dimension.
m m m m m
D. Security can be assigned at a parent level.
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E. Security can be disabled for any dimension.: A. All members are accessiblefor
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m dimensions with no security applied.
m m m m
5. Which three fields must be defined when registering a file-
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based sourcesystem in Data Management? (Choose three.)
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A. Source Type m
4m/m51