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 required for sustainability reporting to show the company's waste output.

C. Intercompany eliminations are optional in FCCS and use one of the custom dimensions when enabled.

D. Intercompany eliminations are needed when a company divests itself of a division.

Which statement accurately describes alternate hierarchies?

A. Single entities having multiple parents

B. Parent members having the same currency

C. Contribution to parent members are similar

D. Data must be entered multiple times for shared members

When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?

A. Designing dynamic reports

B. Expanded vs. single data segments

C. Report performance

D. Suppress missing blocks

For data load rules in Data Management, which two statements are FALSE?

A. If specified, the import format will be used; if not, then the location's format will be used.

B. A job must first run to import the data file before the user can run the data load rule.

C. End users can upload a file when running a data load rule.

D. Data load rules cannot be shared across locations.

E. Valid load types are Merge and Replace.

How do you enable multiple currencies within a Financial Consolidation and Close (FCCS) application?

A. Enable a dimension for Currency after application creation via a Metadata load.

B. During application creation, select the Multicurrency option of "No" and insert additional currencies within the Currency dimension.

C. During application creation, select the Multicurrency option of "Yes".

D. Add a new label for a currency when creating a new Entity member in the Reporting Currency attribute field.