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NEW QUESTION 42
Changes in the balance of Accounts Payable are captured on a company's Cash Flow Report.
Which two dimension members must be built into the row of the company's Cash Flow to report the impact of Accounts Payable? (Choose two.)
- A. FCCS_CashFlow_Accounts Payable account member
- B. FCCS_CashChange movement member
- C. FCCS_Accounts Payable account member
- D. FCCS_Total Balance Sheet - Cash and NonCash account member
- E. FCCS_CashFlow_Operating movement member
Answer: A,D
NEW QUESTION 43
If the Alias of an Entity that marked as "Is Intercompany" and is later changed, what happens to the corresponding Intercompany member Alias?
- A. The Intercompany Alias is automatically set to the Intercompany Name.
- B. The Intercompany Alias is set to the Entity Name.
- C. The Intercompany Alias is not automatically changed to the new Entity Alias.
- D. The Intercompany Alias is automatically changed to the new Entity Alias.
Answer: D
NEW QUESTION 44
Which statement is correct regarding intercompany eliminations?
- A. Intercompany eliminations are generally required to remove the effect of transactions within the company.
- B. Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.
- C. Intercompany eliminations are needed when a company divests itself of a division.
- D. Intercompany eliminations are required for sustainability reporting to show the company's waste output.
Answer: A
NEW QUESTION 45
A company is based in the United Kingdom and has an application currency set to GBP. The company collects data from a United States based subsidiary. The subsidiary's functional currency is USD.
Which two items facilitate the reporting of the subsidiary's Common Stock balance at an historical rate in the GBP reporting currency? (Choose two.)
- A. Common Stock must have an Exchange Rate Type set to Historical Rate Override.
- B. Common Stock must have a Data Storage property set to Never Share.
- C. The subsidiary must have a parent entity with a GBP currency.
- D. The subsidiary must have a balance not equal to zero in Common Stock.
- E. USD must be created as a reporting currency.
Answer: C,D
NEW QUESTION 46
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