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FCCS Exam Test
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Question Number 10
Which two prebuilt calculations run on the Movement dimension to determine CTA by account?
A)Prior Average Rate minus Current Average Rate multiplied by FCCS_Mvmts_Subtotal
B)Prior Ending Rate minus Current Ending Rate divided by FCCS_Mvmts_Subtotal
C)FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward
D)FCCS_Mvmts_Subtotal multiplied by Ending Rate minus FCCS_Mvmts_Subtotal multiplied byAverage Rate
C) FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward D)FCCS_Mvmts_Subtotal multiplied by Ending Rate minus FCCS_Mvmts_Subtotal multiplied byAverage Rate
✔ Correct Answer:
C) FCCS_OpeningBalance multiplied by Ending Rate minus FCCS_OpeningBalance carry forward D)FCCS_Mvmts_Subtotal multiplied by Ending Rate minus FCCS_Mvmts_Subtotal multiplied byAverage Rate
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