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68.

The purchase method only adjusts the investment for market value changes in the subsidiary
TRUE OR FALSE
- FALSE

69. The purchase method is typically used in the US where the parent has a majority of shares or has
controlling interest over the subsidiary .
TRUE OR FALSE
- TRUE

70. Annual Net Income of the subsidiary is split between the parent and the minority shareholders during
subsequent consolidation activities .
TRUE OR FALSE
- TRUE

80. When the consolidation program is executed, it reads dim prop, cons methods and percentages in the
ownership app.
TRUE OR FALSE
- TRUE
-
81. The dimlist property in the account dim can be used as a selection criteria for account to be included in
the source of the calculation .

TRUE OR FALSE
- TRUE

82. The method assignments by entity and their percentages are read from the DHE
TRUE OR FALSE
- FALSE

83.Dynamic hieracgy Editor is available in NW BPC 7.5.


TRUE OR FALSE
- TRUE

84.DHE is a user interface and data is stored in the cube ?


TRUE OR FALSE
- TRUE

85. Main reason to consider using IC matching is that you want to do the matching on transaction currency and
you do not want to add this currency to the Legal App.
TRUE OR FALSE
- TRUE

86. The IC booking function concentrates into each entity the declarations all other entities vs the particular
entity. This then allows the end users within each reporting entity to run a report which matches all of its
declarations against the balance of the other entities without assigning owner read access to other entities.
TRUE OR FALSE
- TRUE

87. The IC Matching App is a Financial Type with Currency Conversion and Intercompany Booking business rules
.
TRUE OR FALSE
- TRUE

88. Running the ICDATA.LGF logic file via the corresponding ICDATA package runs intercompany reconciliation
.
TRUE OR FALSE
- TRUE

89. Running the ICBOOKING.LGF via the ICBooking package runs intercompany reconciliation and posts
differences .
TRUE OR FALSE
- TRUE

90. Setting up the Seller rule type in ICBooking Business Rules means that the seller will receive any variances
. TRUE OR FALSE
- FALSE .

91. ICMatching postings happen at the group level.


. TRUE OR FALSE
- FALSE .

92. ICMatching postings happen at the entity level.


. TRUE OR FALSE
- TRUE.

93. US Elim entries happen at Group Level .


TRUE OR FALSE
- TRUE

94. Automatic Adjust entries happen at Group or Group & Entity Level.
TRUE OR FALSE
- TRUE

95. During IC Elim , in order to keep the BS of each Entity balanced, the reverse amount is booked to a plug
account .
TRUE OR FALSE
- TRUE

96 The Plug/offset account should be balanced at Entity level .


. TRUE OR FALSE
- FALSE .

97. The Plug/offset account should be balanced at Group level .


. TRUE OR FALSE
- TRUE .

98. The Elim is written to a diff data src so that the initial value of the account is not overwritten .
. TRUE OR FALSE
- TRUE .

99. A unique requirement while dealing with IC entries is that they should only be reflected in any given group
only if both the entity and partner entity which it was doing business with are a part of that group.
. TRUE OR FALSE
- TRUE .
100.
% of Ownership = Shares Owned/Shares Outstanding*100
% of Minority Interest = 100 –(Shares Owned/Shares Outstanding*100)
. TRUE OR FALSE
- TRUE .

101. RUN CONSOLIDATION only performs the eliminations, as Currency Translation has to be run before to
populate the data in the Group Currencies .
. TRUE OR FALSE
- TRUE .

102. the reverse amount is booked to a Plug account .


. TRUE OR FALSE
- TRUE .

103. Processing a dimension will execute the following steps:


• Validate Hierarchy.