Online Access Free 1z0-1081-22 Practice Test

Which statement correctly describes what happens to parent entities during consolidation?

• A.The data in the FCCS_Intercompany Eliminations Data Source dimension member is subtracted from the FCCS_TotalInputAndAdjusted Data Source dimension member for each descendant and then added together.
• B.Since parent entities are tagged as dynamic calc, the consolidation has no effect on the entity dimension.
• C.From each child of the entity, data from the FCCS_Contribution Consolidation dimension member is added together and stored in the FCCS_Entity Consolidation member of the entity.
• D.The changes in the relational database are synced to the underlying Essbase cube.

Which two
statements are true of the roll forward calculation in the Movement dimension?

• A.Translated values for Closing Balance are adjusted to the ending rate for the period.
• B.Values for Opening Balance are retrieved from the prior period Closing Balance.
• C.Values for base-level Movement members are calculated as the difference between Closing Balance and Opening Balance.
• D.Data for opening balances must be loaded to the Opening Balance member prior to consolidation.

Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled?

• A.Consolidation Method
• B.Ownership Percentage
• C.Minority Interest Percentage
• D.Consolidation Percentage
• E.Control

Which three
are seeded data forms created during business process creation?

• A.Data Status
• B.Shares Outstanding
• C.Exchange Rate Multi-period
• D.Headcount
• E.Override Rates

What member of the Consolidation dimension aggregates the Proportion member and the Elimination members?

• A.FCCS_Entity Consolidation
• B.FCCS_Entity Total
• C.FCCS_Parent Currency
• D.FCCS_Contribution