Oracle 1Z0-532 Online Practice Questions and Exam Preparation

Oracle 1Z0-532 Online Questions & Answers

• Question 41:

  Identify the correct sequence for building a Classic FM application:

  1-Create the application shell.

  2-Create an application profile.

  3-Define metadata such as dimensions and application settings.

  4-Load data, data forms, member lists, rules, and journals.

  5-Define security.

  A. 1, 2, 3, 4, 5
  B. 2, 1, 4, 3, 5
  C. 2, 1, 5, 3, 4
  D. 1, 2, 5, 3, 4
  E. 1, 2, 3, 5, 4
  C. 2, 1, 5, 3, 4

• Question 42:

  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.
  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.

• Question 43:

  What account may be specified if IsICP is enabled for intercompany account properties?

  A. The Plug account
  B. The Expenses account
  C. The ICP account
  D. The Validation account
  A. The Plug account

• Question 44:

  In Task Automation, a link in a task flow:

  A. Passes the point of view to a stage
  B. Connects the task to a specific user
  C. Passes control from one stage to another
  D. Passes control from a task to the IT department
  E. Passes a process unit from one review level to the next review level
  C. Passes control from one stage to another

• Question 45:

  Identify the two true statements about property value inheritance for dimension members in EPMA. (Choose two.)

  A. Property values are always inherited from ancestors and cannot be changed.
  B. Property values are inherited from the closest ancestor except when a property value has been specifically entered.
  C. You must manually enter and store property values for all the dimension members.
  D. Property value inheritance decreases maintenance requirements for dimensions.
  E. Inheritance takes precedence over properties defined in metadata load files.
  B. Property values are inherited from the closest ancestor except when a property value has been specifically entered.
  D. Property value inheritance decreases maintenance requirements for dimensions.

• Question 46:

  Identify the three true statements about the Financial Management architecture. (Choose three.)

  A. Hyperion Financial Management uses a multitier architecture that includes a client tier, application tier, and a data tier.
  B. The client tier (user interface) communicates with the data tier.
  C. The client tier (user interface) communicates with the application tier.
  D. The application tier contains the application as well as the report and Web servers.
  E. The data tier contains the Essbase database for all Hyperion Financial Management application data and source data.
  A. Hyperion Financial Management uses a multitier architecture that includes a client tier, application tier, and a data tier.
  C. The client tier (user interface) communicates with the application tier.
  D. The application tier contains the application as well as the report and Web servers.

• Question 47:

  You need to provision the Consolidate role for Bob and Sally, the two main FM users. What are three ways to accomplish this? (Choose three.)

  A. Right-click Bob, provision the Consolidate role, then right-click Sally, select Provision, and choose the Consolidate role.
  B. Create a group and assign Bob and Sally to the group; right-click the FM application group in Shared Services and select Provision; choose the group and select the Consolidate role.
  C. Create a group and assign Bob and Sally to the group; right-click the group, select Provision, and choose the Consolidate role.
  D. Right-click the FM application group in Shared Services and select Provision; choose Sally and Bob, and select the Consolidate role
  E. Right-click the Security Class for the Consolidate role and select Bob and Sally.
  A. Right-click Bob, provision the Consolidate role, then right-click Sally, select Provision, and choose the Consolidate role.
  D. Right-click the FM application group in Shared Services and select Provision; choose Sally and Bob, and select the Consolidate role
  E. Right-click the Security Class for the Consolidate role and select Bob and Sally.

• Question 48:

  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
  B. Controlling when entities consolidate into specific parents
  E. Maintaining stored data values for changes in the Entity structure over time

• Question 49:

  In addition to Sub translate routine, which two application settings are also used for translate? (Choose two.)

  A. DefaultRateForICPAccounts
  B. DefaultRateForBalanceAccounts
  C. DefaultRateForExpenseAccounts
  D. DefaultRateForFlowAccounts
  B. DefaultRateForBalanceAccounts
  D. DefaultRateForFlowAccounts

• Question 50:

  Before you can define an alias for a dimension or member in EPMA, you must _______.

  A. Do nothing; the Alias property is created by default
  B. Create an Alias dimension and associate it
  C. Create an Alias attribute
  D. Create an Alias Property
  E. Create an Alias Table
  B. Create an Alias dimension and associate it