Online 1D0-1081-25-D Practice Test

Question 1

Which statement correctly describes what happens to parent entities during consolidation?

Options :

A :

Data from the FCCS Contribution Consolidation dimension member of the child entities is aggregated and stored in the FCCS Entity Consolidation member of the parent entities

B :

Since parent entities are tagged as Dynamic Calc. the consolidation has no effect on the entity dimension.

C : The changes in the relational database are synced to the underlying Essbase cube.

D :

For each child entity, the period Opening Balance is subtracted from the period Closing Balance to determine the current period change value, and the values are aggregated to the FCCSJEntrty Consolidation member of the parent.

Answer: A

Question 2

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.)

Options :

A :

Common Stock must have an Exchange Rate Type set to Historical Rate Override.

B :

The subsidiary must have a balance not equal to zero in Common Stock.

C :

Common Stock must have a Data Storage property set to Never Share.

D :

USD must be created as a reporting currency.

E : The subsidiary must have a parent entity with a GBP currency.

Answer: A,B

Question 3

What action requires refreshing the database?

Options :

A : You deploy a new Configurable Calculation rule in Calculation Manager.

B : You edit the alias for a member in the Entity dimension

C : You change the ownership percentage for an entity.

D : You edit the Consolidation Operator for a member in the Account dimension

Answer: B

Question 4

Which three scenarios result in foreign currency translation during the default consolidation process? (Choose

three.)

Options :

A :

A base entity currency has a parent entity with a matching default currency.

B : A base entity currency has a parent entity with a different default currency.

C : A parent entity has the same default currency as its parent.

D : A parent entity has a different currency from its parent.

E : A shared entity has a parent with a different currency.

Answer: B,D,E

Question 5

What will Financial Consolidation and Close do when aggregating data for a member that is set as an expense

type account to a parent that is set as an income type account?

Options :

A :

This setting does not affect aggregation to the parent.

B :

You cannot load data to this account.

C :

Add amounts aggregated to the parent.

D :

Subtract amounts aggregated to the parent.

Answer: D

EXPERTY DESIGNED 1D0-1081-25-D PRACTICE TEST