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| Section | Weight | Objectives |
|---|---|---|
| Close Process and Journal Management | 22% | - Journal creation, approval and posting - Supplemental Data setup - Task Manager configuration - Approval units and workflow |
| Data Integration and Reporting | 22% | - Data forms and valid intersections - EPM Automate and application maintenance - Data loading and integration configuration - Financial reporting and dashboards |
| Consolidation Process and Logic | 28% | - Ownership management and consolidation methods - Currency translation and exchange rates - Consolidation workflow and balance calculation - Intercompany eliminations and adjustments |
| Application Setup and Configuration | 28% | - Security setup and role assignment - Dimension management and metadata configuration - FCCS architecture and business process setup - System settings and validation |
Which statement correctly describes the Consolidation dimension?
Correct Answer: C 🗳️
Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).
Which three can be manually edited on the Manage Ownership page in a Financial Consolidation and Close business process with Ownership Management enabled? (Choose three.)
Correct Answer: C,D,E 🗳️
Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).
Security is enabled for the Account dimension, but you have not assigned member access rights to any users or groups.
What will be users' default access to members in the Account dimension?
Correct Answer: D 🗳️
Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).
Which components are prebuilt into Financial Consolidation and Close to provide a configurable and scalable consolidation solution?
Correct Answer: C 🗳️
Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).
Which two statements about the Copy Data function are true? (Choose two.)
Correct Answer: B,C 🗳️
Explanation: Only visible for VCEPrep members. You can sign-up / login (it's free).
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