For accounts with the Dynamic Calc data storage type, which capability is supported?

Study for the Oracle FCCS Certification Test. Prepare with flashcards and multiple choice questions, each question accompanied by hints and explanations. Get ready for your exam!

Multiple Choice

For accounts with the Dynamic Calc data storage type, which capability is supported?

Explanation:
Dynamic Calc means the account doesn’t store values; instead, its numbers are computed at run time from formulas. Because of this, you don’t enter or load data into the account—the values come from calculations defined elsewhere. The only natively supported capability for a Dynamic Calc account is to define how those values are produced, i.e., create member formulas. These formulas specify the calculations that produce the account’s values across members and periods. Entering data through a data form or loading data would be inappropriate for a Dynamic Calc account, since there is no stored data to populate. Similarly, you can’t both load data and have formulas drive the account’s values.

Dynamic Calc means the account doesn’t store values; instead, its numbers are computed at run time from formulas. Because of this, you don’t enter or load data into the account—the values come from calculations defined elsewhere. The only natively supported capability for a Dynamic Calc account is to define how those values are produced, i.e., create member formulas. These formulas specify the calculations that produce the account’s values across members and periods. Entering data through a data form or loading data would be inappropriate for a Dynamic Calc account, since there is no stored data to populate. Similarly, you can’t both load data and have formulas drive the account’s values.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy