Which statement correctly describes the Consolidation dimension?
Response:

• A.The dimension uses a separate member to store data from an entity's descendants.
• B.The dimension contains members to store non-controlling interest and joint venture data.
• C.The dimension aggregates input, consolidated, and elimination data together.
• D.The dimension allows users to see input versus journal adjustment data.

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Company 123 is a public company that reports in US Dollars. Company 123 owns Company XYZ, a European company that consolidates in Euro.
One of the Company XYZ's subsidiaries is Company IOU, headquartered in Switzerland with a functional currency of the Swiss Franc.
Which process produces USD balances for Company IOU?
Response:

• A.A consolidation of Company 123
• B.A translation of Company XYZ to Parent Currency
• C.A translation of Company IOU
• D.A consolidation of Company XYZ
• E.A translation to the USD_Reporting currency member for Company IOU

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Which is NOT a member of the Data Source Dimension created by Financial Consolidation and Close (FCCS)?

• A.FCCS_Proportion
• B.FCCS_Data Input
• C.FCCS_No Data Source
• D.FCCS_SystemTypes

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Which two statements are correct with regard to Data Management locations?
(Choose two.)
Response:

• A.Locations can share dimension member mappings by specifying a location as a parent location of others.
• B.Locations must specify an import format, which may be used by other locations.
• C.Location security allows users to be provisioned in Shared Services for read or modify access to each location.
• D.A company with three instances of Oracle EBS R12 should only use one location to maintain proper accounting controls.
• E.Data load rules can be shared across locations.
• F.The logic account group is required in order to effect running of calculations after the data load.

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P, Q, and R are children of a mid-level parent entity, AceCo. In February each entity has cash in the amounts of 10, 20, and 30, respectively, and AceCo has been consolidated and has cash of 60. A prior period adjustment to Q adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?

• A.January and February should be consolidated.
• B.February should be consolidated, after which the cash at AceCo is now 65.
• C.There is no way to do a prior period entry like this.
• D.January should be consolidated for the change and nothing needs to happen for February.

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