Oracle Financial Consolidation And Close Cloud Service (FCCS) Certification Practice Test

If an FCCS application is created with no intercompany options enabled, which statement is true?

The ICP dimension will be omitted. Data can be stored by intercompany partner but no eliminations will occur. An extra custom dimension will be available. The FCCS_No Intercompany member of the ICP dimension will be used for all data

Correct Answer:

The ICP dimension will be omitted.

Explanation:

Intercompany processing in FCCS relies on the Intercompany Partner (ICP) dimension to capture relationships between entities for eliminations. If you create an FCCS application with intercompany options disabled, FCCS does not create the ICP dimension. Without that dimension, there’s no place to record intercompany partners or perform eliminations, so intercompany processing isn’t available. Therefore, the ICP dimension will be omitted. The other statements assume intercompany structures or behaviors that don’t exist when intercompany options are turned off.

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