1Z0-532 Online Practice Questions and Answers

Which is the rule function used to notify the following year that a consolidation is needed due to recalculation of the current year?

A. Exp

B. ImpactStatus

C. OpenDataUnit

D. A rule function is not used; input subroutine is used.

Identify the purpose of using task lists.

A. To upload user "to do" items to FM with due dates and alert dates

B. To organize and group related tasks into a navigational aid for users

C. To create lists of members with VB script

D. To list tasks to be executed by the FM Server

E. To define the review path for consolidation review

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.

Identify the four processes through which Financial Management supports a virtual close. (Choose four.)

A. A fully automated consolidation tool that combines financial data across many ledgers and consolidates to a corporate or business unit level

B. Automatic posting of eliminating entries, accrual entries, and allocations

C. Automated collection, mapping, verification, and movement of data

D. Automated intercompany processing

E. Analysis capabilities throughout close over the Web and in Excel

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.

Identify the three true statements. The EPMA import files for metadata_______. (Choose three.)

A. Contains sections for Dimensions, Dimension Associations, Hierarchies, and Members

B. Requires the Dimensions, Dimension Associations, Hierarchies, and Members section to create a dimension

C. Expects the Hierarchies section to be in Parent/Child format

D. Requires that all members must be declared in the Members section before they can be added to the HIERARCHIES section

E. Has it that the header, file_format = ads version =1.0, is optional for the import file

Identify the three true statements about ERP Integrator (ERPI). (Choose three.)

A. ERPI supports PeopleSoft, Oracle E-Business Suite and SAP.

B. ERPI integrates metadata and data from ERP source system into an Oracle Hyperion EPM target application.

C. ERPI provides drill through from Financial Management data forms, Smart View, and Financial Reporting.

D. ERPI provides drill through to BI Dashboards.

E. ERPI under the covers is Oracle Data Integrator.

The file format load journals to FM can include which four sections? (Choose four.)

A. File Format

B. Scenario

C. Journal Group

D. Standard

E. Version

You are loading data to FM under Load Tasks> Load Data. What are four valid options for how data should be loaded into the application? (Choose four.)

A. Merge

B. Clear and Load

C. Replace

D. Replace by Security

E. Accumulate within File

F. Append

Identify the two true statements about Financial Management member properties. (Choose two.)

A. IsCalculated is required for parents to sum up the values of their children.

B. IsConsolidate tells Financial Management whether a member should consolidate up the entity and value dimensions.

C. If IsICP is selected, a PlugAccount can be specified to enable elimination.

D. CustomTopMember properties are always associated with the entity dimension.