When a Financial Consolidation and Close (FCCS) application was created, no intercompany options were enabled. Which statement is true?

The selected answer is accurate because when an FCCS application is created without enabling any intercompany options, the Intercompany Partner (ICP) dimension is typically not included in the model. This means that the application does not support tracking intercompany transactions, and thus, the ICP dimension, which is designated for managing such data, is entirely omitted.

In the context of financial consolidation, omitting the ICP dimension means that users will not have the capability to specify or manage intercompany relationships within the system, which is essential for accurate financial reporting and consolidations where intercompany eliminations are needed.

The other statements are not applicable because they imply that intercompany functionality, either through a specific member or through custom dimensions, is present, which contradicts the scenario where intercompany options are disabled from the start. As such, assuming the existence of these features would misrepresent the application's capabilities in this context.