Which statement is FALSE when enabling Intercompany within an application?

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

Which statement is FALSE when enabling Intercompany within an application?

Explanation:
Intercompany uses a dedicated dimension to capture transactions between entities and to perform eliminations during consolidation. When you enable Intercompany in the application settings, FCCS provisions the Intercompany dimension automatically with the standard members needed for intercompany relationships; you don’t have to create all of these base members manually. You can of course adjust or extend the dimension later, but manual creation of the core members isn’t required. The other statements are true: you enable the dimension from the application settings, the data in this dimension feeds intercompany eliminations, and you don’t need an extra license to use Intercompany configurations.

Intercompany uses a dedicated dimension to capture transactions between entities and to perform eliminations during consolidation. When you enable Intercompany in the application settings, FCCS provisions the Intercompany dimension automatically with the standard members needed for intercompany relationships; you don’t have to create all of these base members manually. You can of course adjust or extend the dimension later, but manual creation of the core members isn’t required. The other statements are true: you enable the dimension from the application settings, the data in this dimension feeds intercompany eliminations, and you don’t need an extra license to use Intercompany configurations.

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