In the FCCS_CashFlow hierarchy, the seeded member FCCS_Mvmts_AccountsPayable has which operator?

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

In the FCCS_CashFlow hierarchy, the seeded member FCCS_Mvmts_AccountsPayable has which operator?

Explanation:
In FCCS Cash Flow, each movement member has an operator that defines how its value affects the total cash result. An addition adds to cash, while a subtraction reduces cash. The seeded member for Accounts Payable is set to Subtraction because paying suppliers is a cash outflow and the change in accounts payable is modeled as a deduction from cash. This sign convention ensures cash paid to vendors decreases the cash balance in the cash flow calculation. Multiplication and division aren’t used for this type of direct cash impact, as they’re meant for scaling or ratios rather than reflecting a positive or negative cash flow direction.

In FCCS Cash Flow, each movement member has an operator that defines how its value affects the total cash result. An addition adds to cash, while a subtraction reduces cash. The seeded member for Accounts Payable is set to Subtraction because paying suppliers is a cash outflow and the change in accounts payable is modeled as a deduction from cash. This sign convention ensures cash paid to vendors decreases the cash balance in the cash flow calculation. Multiplication and division aren’t used for this type of direct cash impact, as they’re meant for scaling or ratios rather than reflecting a positive or negative cash flow direction.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy