Multi gaap feature Study guides, Class notes & Summaries

Statement of Cash Flows - Answer- Shows the change in cash balance for a period of time. Focuses only on items where cash is received, or cash is paid. Cash Flow from Operating Activities (CFO) - Answer- Cash flow that a company generates as a result of day-to-day business operations. Deals with Current Assets and Current Liabilities. Cash Flow from Investing Activities (CFI) - Answer- Cash flow that is generated from investments in long term assets. Cash Flow from Financing Activities ...

In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month? A. when the tasks are repeatable over multiple close cycles B. when the tasks require consistent definition across close schedules C. when the tasks are often late in completion and they need to be monitored more closely D. when the tasks require multiple levels of approvers A. when the tasks are repeatable over multiple close cycles Which role can th...

FCCS Certification Questions with Correct Answers | Latest Update 2023/2024 (Graded A+). For which three tasks can Data Management be used? - correct answer loading data from a fixed width or delimited text file drilling through from a web form or Smart View loading data that is period-to-date or year-to-date Which task CANNOT be completed by using Data Management? - correct answer Load journal data to Financial Consolidation and Close (FCCS) Which three fields must be defined when registe...

What is the recommended step a Financial Consolidation and Close Cloud administrator should take to facilitate the backup process? - correct answer Identify a one-hour window convenient to users, then use the Tools, Daily Maintenance window to identify that time for Oracle to run their backup process. On what days during the month does Oracle apply patch updates to fix bugs, apply code optimizations, and add new features? - correct answer the first and third Friday of each month; first Fri...

FCCS Cert 2023 Update Exam Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination? - ANSWER-Consolidation, Currency, Account Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? - ANSWER-Ensure security of sensitive data. Integrate with source systems. Provide a strong compliance framework that includes auditing and segr...

FCCS Exam Practice Questions With Answers | Latest Update 2023-2024 Rated A+. Which two data extract export file types are available within Financial Consolidation and Close (FCCS)? (Choose two.) A. DAT file type B. Excel XLS file type C. Comma delimited D. Tab delimited - ANSWER-C. Comma delimited D. Tab delimited When creating a member mapping for account Sales in Data Management, the following script is entered. UD5 refers to a Product custom dimension: WHEN UD5 LIKE 'CAR_%' THE...

FCCS Cert Exam Questions And Answers Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination? - ANSWER- Consolidation, Currency, Account Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? - ANSWER- Ensure security of sensitive data. Integrate with source systems. Provide a strong compliance framework that includes audit...

FCCS Exam Practice Questions and Answers - Latest Updated 2023-2024 (Graded A+). Which role can the "Approvals Supervisor" perform? A)They can start and stop a planning unit B)They can start and stop a planning unit and take any action on a planning unit C)They can start but not stop a planning unit D)They cannot stop or start a planning unit but can only give approval - ANSWER-B) They can start and stop a planning unit and take any action on a planning unit Which two data extract export...

FCCS Exam Questions and Answers Latest Update 2023-2024 Graded A+ Latest Update 2023-2024 Graded A+. In Financial Close Manager, when would you choose to define tasks in a Template rather than create a new Schedule each month? A. when the tasks are repeatable over multiple close cycles B. when the tasks require consistent definition across close schedules C. when the tasks are often late in completion and they need to be monitored more closely D. when the tasks require multiple levels of ...

FCCS Cert Exam Questions And Answers Financial Consolidation and Close Cloud Service (FCCS) provides a consolidation path through which dimension combination? - ANSWER- Consolidation, Currency, Account Which three key requirements does the Financial Consolidation and Close Cloud Service (FCCS) deliver to ensure a modern consolidation and close solution? - ANSWER- Ensure security of sensitive data. Integrate with source systems. Provide a strong compliance framework that includes audit...