Which four statements are true about the members in the FCCS_Cash Flow hierarchy in the Movement dimension?

Prepare for the Oracle FCC Certification Exam with flashcards and multiple choice questions. Each question includes hints and explanations. Ensure exam success!

The statement about the seeded member FCCS_Mvmts_AccountsPayable found within the FCCS_CashFlow hierarchy having a Subtraction operator is accurate because this member represents cash outflows related to accounts payable, which directly impacts the cash flow statement. In financial reporting, accounts payable transactions typically reduce cash flow, thus necessitating a subtraction operator to reflect this accurately on the cash flow statement. The operators assigned to members are essential for ensuring that the cash flows are calculated correctly during the consolidation process.

Understanding the characteristics of the Movement dimension and its hierarchy is pivotal in handling data accurately within Oracle Financial Consolidation and Close. The specification of how members operate—including whether they add or subtract value—is crucial for generating precise financial reports. This makes the distinction regarding the operator of the FCCS_Mvmts_AccountsPayable member essential for users involved in financial consolidation.

The remaining statements address nuances related to hierarchy modification, inclusion of primary movement members, and member characteristics that are not universally applicable or true within the context of the FCCS_CashFlow hierarchy. Each of these aspects is important to consider, but they do not directly support the correctness of the provided statement about the subtraction operator in the same fundamental manner.

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