Which statement is FALSE when setting up Shared Entities?

The statement which is considered false when setting up Shared Entities is that the calculation status will not change. When Shared Entities are utilized, their characteristics can differ from regular members, and especially in the context of calculations, the status can be affected. Specifically, Shared Entities are dual-functioning members, and their calculation status may vary in response to data being posted or modified within these entities.

In contrast, the other statements hold true in the context of Shared Entities. Setting the Data Storage Member Property to "Dynamic Calc" is a requirement as it allows for the calculation of data on-the-fly, ensuring that the shared entity reflects the most current data available. Building an alternate hierarchy through partial share members is also an accurate representation of how Shared Entities are structured, allowing for flexibility in reporting and data model design. Lastly, the statement regarding data being posted to one shared entity and subsequently to all instances being consistent with the shared characteristic of these members also aligns with the intended functionality of Shared Entities.