Which two data extract export file types are available within Financial Consolidation Close (FCCS)? (Choose two).

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The correct answers for the available data extract export file types within Financial Consolidation and Close (FCCS) are Comma delimited and Tab delimited.

The Comma delimited format is widely used due to its simplicity, as it allows for easy interoperability with various applications that can process CSV files. This format organizes data in a structured manner, making it easy to read and manipulate using spreadsheet software or database applications.

On the other hand, the Tab delimited format serves a similar purpose, using tabs to separate data fields. It is particularly useful when dealing with data that may contain commas, ensuring that the data integrity is maintained during the export process. Both formats are practical for exporting large sets of financial data where ease of use and compatibility with analysis tools are important.

Excel XLS file type and DAT file type are not standard options in the context of FCCS for data extracts, which is why they do not apply here. Excel files can be generated as outputs but are more commonly used for reports rather than direct data extracts in financial software like FCCS. The DAT file doesn't represent a commonly supported format for direct data extracts in this context, making it less relevant.

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