1Z0-532 practice question 7 of 10

The Account dimension's Is ICP "R" property specifies________.

Answer options

A: If ICP transactions, including self-ICP transactions, are enabled for the account

B: If ICP transactions are not enabled for the account

C: if ICP transactions can be drilled back to source activity

D: if ICP transactions are enabled for the account, but the account cannot have ICP transactions with itself Correct answer

Correct Answer:

D. if ICP transactions are enabled for the account, but the account cannot have ICP transactions with itself

Explanation

In Oracle Hyperion Financial Management (HFM), the IsICP attribute of the Account dimension determines how intercompany detail is tracked and restricted. Setting IsICP to "R" (Restricted) specifies that intercompany transactions are enabled for the account, but an entity is strictly prohibited from entering intercompany transactions with itself (i.e., matching entity and ICP entity). Setting it to "Y" enables intercompany tracking including self-intercompany entries, while "N" disables intercompany tracking entirely. This property ensures accurate elimination rules during consolidation by preventing invalid self-referential trading partner entries.

Why Incorrect

A. Enabling self-ICP transactions corresponds to the IsICP = "Y" property setting.
B. Disabling ICP transactions entirely corresponds to the IsICP = "N" property setting.
C. Drill-back to source activity is managed by FDM/FDMEE integration settings, not the IsICP property.

References

- Oracle Hyperion Financial Management Administrator's Guide, Release 11.1.2.4, Chapter 5: "Setting Up Account Members", Section: "IsICP Attribute Settings".

- Oracle Enterprise Performance Management System Documentation, HFM Intercompany Transactions Guide, Section: "Account Properties for Intercompany".

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