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1Z0-532 Oracle Hyperion Financial Management 11 Essentials

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Oracle · 1Z0-532

Free 1Z0-532 Exam Dumps Preview

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Question 1

Single choice

Custom dimensions may be used to perform

A
Cash Flows
B
Roll forwards
C
Historical Overrides
D
B and C
E
A, B, and C

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Correct answerE

Question 2

Multiple choice

Identify three true statements about variables in VBScripts rules. (Choose three.)

A
A variable is a temporary storage object for a value to be used in the rule.
B
A variable may be only of the string data type.
C
Functions may be applied to variables.
D
A variable must be defined before it can be used in the script.
E
A variable may be used across subroutines.

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Correct answersC, D, E

Question 3

Single choice

The Audit Intersection link in Data Grid menus takes the user to:

A
The Data Audit listing for the cell
B
The FDM location used to load the data
C
The database log for the data storage table
D
The Task Audit page
E
Line item details

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Correct answerD

Question 4

Multiple choice

Identify the three true statements about Dimension Associations in EPMA. (Choose three.)

A
Dimension associations are used when a property in one dimension is associated with the members in another dimension.
B
The Security Class dimension is associated with the Security Class property only in an Account and Entity.
C
The Alias dimension is associated with the Alias property for Account, Entity, and Scenario dimensions.
D
The Currency dimension is associated with the Currency property of the Account dimension.
E
A Plug Account from the Account dimension can be associated with the Account dimension.

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Correct answersA, C, D

Question 5

Multiple choice

Identify the three true statements about loading metadata into EPMA. (Choose three.)

A
Metadata can be loaded into EPMA from interface tables.
B
Metadata can be loaded into EPMA dimension by dimension.
C
Metadata can be loaded into EPMA for alias dimensions and security class dimensions.
D
Metadata can be loaded into EPMA only into the Shared Library.

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Correct answersA, B, C

Question 6

Multiple choice

Identify the three true statements about accounts and account types. (Choose three.)

A
Financial Management provides predefined account types such as Asset, Revenue, Flow, Balance, and Dynamic.
B
Account types tell FM how the child account should aggregate to the parent.
C
Account types tell FM how the account balances should accumulate over time.
D
Base level accounts do not automatically roll up to parents; business rules are required.
E
Children cannot inherit the account type of their parent unless specifically defined by the administrator.

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Correct answersA, B, C

Explanation

"Each account has an account type. Account types determine how child accounts are aggregated to parent accounts and how account balances accumulate over time."

Above is an explanation about account types directly from the HFM Admin guide published by Oracle.

Additionally, this is true because Asset and Liability account types are balance sheet accounts and they represent a balance at a point in time. So, whether you look at the amount in these accout types as periodic, QTD or YTD, the value is the same as it is not a cumlative amount.

The Revenue and Expense account types are income statement accounts and therefore the QTD and YTD amounts are an accumulation of the Periodic amounts.

Question 7

Single choice

When designing for Planning and Financial Management, what are the design considerations for dimensions and member?

A
In FM, spaces are allowed in member names while in Planning, spaces are not allowed in member names.
B
In FM, spaces are not allowed in member names while in Planning, spaces are allowed in member names.
C
In FM, descriptions are not required to be unique while in Planning, aliases must be unique.
D
A and C
E
B and C

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Correct answerC

Question 8

Multiple choice

The organization by period feature is used for what two purposes? (Choose two.)

A
Segregating rules by month and year
B
Controlling when entities consolidate into specific parents
C
Organizing the period dimension into multiple hierarchies
D
Managing the ownership percentage of one entity by others
E
Maintaining stored data values for changes in the Entity structure over time

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Correct answersB, E

Question 9

Single choice

Assuming you are using version 11.1.1.3, right-click menus are available in _______.

A
Data grids only
B
Data forms only
C
Task lists only
D
Data grids and Data forms
E
Data grids, Data forms, and Task lists

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Correct answerD

Question 10

Multiple choice

Which three statements are true about Financial Data Quality Management? (Choose three.)

A
It automates the collection, mapping, verification, and movement of data with validation and check points throughout the process.
B
It is primarily used by IT (as opposed to business users).
C
It provides extensive reporting for audit, log, and process management information.
D
It stores source records in an underlying FDM relational repository.

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Correct answersA, C, D

Explanation

References:
http://www.oracle.com/us/solutions/ent-performance-bi/045038.pdf

Question 11

Single choice

Identify the dimensions that are built by using the application profile?

A
Year and period only
B
Value and view only
C
View, Period, and Year
D
Period, Value, and Year
E
Scenario, Period, and Year

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Correct answerC

Question 12

Multiple choice

What are the three characteristics of sub EnumMemberLists ()? (Choose three.)

A
Specifies which dimensions have member lists
B
Names each member list in each dimension
C
Specifies the valid members for a member list
D
Specifies the number of lists for each dimension
E
Is used to create both static and dynamic lists

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Correct answersA, B, D

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Oracle Hyperion Financial Management 11 Essentials

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