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Q21. Identify the four processes through which Financial Management supports a virtual close.
A. A fully automated consolidation tool that combines financial data across many ledgers and consolidates to a corporate or business unit level
B. Automatic posting of eliminating entries, accrual entries, and allocations
C. Automated collection, mapping, verification, and movement of data
D. Automated intercompany processing
E. Analysis capabilities throughout close over the Web and in Excel
Answer: ACDE
Q22. How many members Lists can you load at one time?
A. 1
B. 2
C. 4
D. 10
Answer: A
Q23. How many custom dimensions do Financial Management applications allow?
A. 2
B. 3
C. 4
D. 5
E. None. Financial Management supports only fixed dimensions.
Answer: C
Q24. When designing for Planning and Financial Management, what are the design considerations for dimensions and member?
A. In FM, spaces are allowed in member names while in Planning, spaces are not allowed in member names.
B. In FM, spaces are not allowed in member names while in Planning, spaces are allowed in member names.
C. In FM, descriptions are not required to be unique while in Planning, aliases must be unique.
D. A and C
E. B and C
Answer: C
Q25. For metadata loads, you can import changes to metadata for which three application elements?
A. Periods
B. Accounts
C. Entities
D. Currencies E. Value
Answer: BCD
Q26. To which dimension do custom dimensions provide additional detail?
A. Accounts
B. Entity
C. Value
D. ICP
E. Custom dimensions are independent of other dimensions.
Answer: A
Q27. Into which Value dimension member can a journal be entered?
A. [Parent Adjs]
B. <Child Curr Adjs>
C. [Entity Adjs]
D. <Entity Currency>
E. [USD]
Answer: A
Q28. Which utility imports users, groups, and roles into Shared Services?
A. ImportSecurity.cmd
B. ExportSecurity.cmd
C. ProvisionUsers.cmd
D. UpdateUsers.cmd
E. CSSImport.cmd
Answer: A
Q29. How does the FM administrator manage the Intercompany Partner dimension?
A. By selecting and deselecting the IsICP field on the entity member properties
B. By selecting and deselecting the IsICP field on the account member properties
C. It cannot be maintained by the administrator. FM automatically creates the ICP dimension to match all members in the Entity dimension.
D. It cannot be maintained by the administrator. FM automatically creates the ICP dimension to match all members in the Account dimension.
E. Using the Dimension editor in the same way as a custom dimension or Entity dimension
Answer: A
Q30. A custom function in rules is useful for:
A. Organizing rules into subsets of code
B. Controlling the ending of an If/Then
C. Writing code that will be repeated in multiple places
D. Defining conjunctions to be used along with variables
E. Custom functions are not possible in FM,
Answer: C
