Oracle 1Z0-532 Online Practice Questions and Exam Preparation

Oracle 1Z0-532 Online Questions & Answers

• Question 31:

  You need to migrate an FM application in version 11 from development to production. Your environment has two instances of Shared Services, one for development and one for production. Identify the two true statements about using Life Cycle Management to perform the application migration from development to production within this environment. (Choose two.)

  A. You can select specific objects to migrate or all objects to migrate.
  B. Migrating applications from development to production in disconnected environments, where there are two instances of Shared Services, is not supported.
  C. Life Cycle Management will migrate both objects and data.
  D. Life Cycle Management will generate an XML file that can be modified and used for importing to target applications.
  E. The only role necessary to perform LCM activities is Application Administrator.
  A. You can select specific objects to migrate or all objects to migrate.
  D. Life Cycle Management will generate an XML file that can be modified and used for importing to target applications.

• Question 32:

  Financial Management provides enabling technologies to complete which three close processes? (Choose three.)

  A. Load data from one or more ledger systems and calculate data.
  B. Perform adjustments, translations, intercompany activities, and consolidations.
  C. Create the annual detail budget.
  D. Publish run reports
  E. Perform profitability and cost analysis with prebuild allocation templates.
  C. Create the annual detail budget.
  D. Publish run reports
  E. Perform profitability and cost analysis with prebuild allocation templates.

• Question 33:

  EPMA provides a Shared Dimension Library for maintaining EPM dimensions. Identify two reasons that would make you consider using EPMA to maintain dimensions over FM Classic metadata files? (Choose two.)

  A. You can use the same metadata file format from FM Classic to import dimensions In EPMA.
  B. Dimensions can be shared across applications or can be local to a specific application.
  C. In EPMA, you can make a change to a member in a shared dimension once and sync ft across FM and Planning applications.
  D. You can assign member access security in the EPMA dimension library for a shared dimension and sync it across FM and Planning applications.
  C. In EPMA, you can make a change to a member in a shared dimension once and sync ft across FM and Planning applications.
  D. You can assign member access security in the EPMA dimension library for a shared dimension and sync it across FM and Planning applications.

• Question 34:

  A Classic FM application profile contains which three components? (Choose three.)

  A. Frequency
  B. Calendar
  C. Dimension Associations
  D. Language(s)
  E. Scenario
  A. Frequency
  B. Calendar
  D. Language(s)

• Question 35:

  Identify the two true statements about rule types in FM. (Choose two.)

  A. The Dynamic rule type allows you to calculate both parent and base accounts.
  B. The NoInput rule type prevents users from entering data into specific cells or slices of cells using Hs.Nolnput.
  C. Calculate, Dynamic, Allocation, Input, No Input, Translate, Consolidate, Transactions, and Equity pickup are all valid rule types.
  D. If you need to calculate Gross Margin %, use the Translate rule type.
  E. Calculation rules are run only with FM specific calculation commands in Financial Management; no general VB commands.
  B. The NoInput rule type prevents users from entering data into specific cells or slices of cells using Hs.Nolnput.
  C. Calculate, Dynamic, Allocation, Input, No Input, Translate, Consolidate, Transactions, and Equity pickup are all valid rule types.

• Question 36:

  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
  E. A, B, and C

• Question 37:

  You are designing the custom dimensions for your FM application. Identify the true statement.

  A. A dimension, once used for a specific purpose, can be used only for that purpose.
  B. All hierarchies within a custom dimension are automatically available to all the accounts.
  C. You specify the custom dimension members valid for an account by using the Custom1 Top Member, Custom2 Top Member, Custom3 Top Member, and Custom4 Top Member.
  D. Hierarchies on custom dimensions must be symmetrical, with the same number of children under every parent.
  E. Different hierarchies within a custom dimension cannot be assigned to different accounts.
  C. You specify the custom dimension members valid for an account by using the Custom1 Top Member, Custom2 Top Member, Custom3 Top Member, and Custom4 Top Member.

• Question 38:

  For metadata loads, you can import changes to metadata for which three application elements? (Choose three.)

  A. Periods
  B. Accounts
  C. Entities
  D. Currencies
  E. Value
  B. Accounts
  C. Entities
  D. Currencies

• Question 39:

  Your source data file has values for 12 months across the columns. What is the best way to load this file into FM with native load functionality?

  A. Split the file into 12 different files, each with a single month. Set the POV for the Period dimension = specific month.
  B. Define a range for periods in the POV with the following syntax: !Period = January.. December.
  C. Make sure the column header has the month label; FM will load the column to the correct month.
  D. List the months in the POV with the following syntax:! Period = January-December.
  E. List the months in the POV with the following syntax:! Period = January, December.
  B. Define a range for periods in the POV with the following syntax: !Period = January.. December.

• Question 40:

  Identify the four levels of security in Financial Management. (Choose four.)

  A. User Authentication
  B. Document
  C. Task
  D. Cell Level
  E. Data
  A. User Authentication
  B. Document
  C. Task
  E. Data