1z0-532

Number: 1z0-532
Passing Score: 800
Time Limit: 120 min
File Version: 4.6

1z0-532

Oracle Hyperion Financial Management 11 Essentials

http://www.gratisexam.com/
Exam A

QUESTION 1
You need to copy an FM Classic application including data from the production environment to the test environment to test new business rules.

How can you do this?

A. Use the FMCopyApplication.exe utility.

B. Copy the application using the Admin Task list, select Extract Application and then import into a new application.
C. Select the Copy User Provisioning in Shared Services.
D. Use Life Cycle Management to migrate the artifacts and data.
E. Use the EPMA File Generator Utility to extract and import metadata.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 2
The Value dimension stores detail from child to parent for which dimension?

A. View
B. Entity
C. Account
D. Currency
E. Scenario

Correct Answer: B
Section: (none)

http://www.gratisexam.com/
Explanation

Explanation/Reference:
The Value dimension represents the different types of values stored in your application, and can include the input currency, parent currency, adjustments, and
consolidation detail such as proportion, elimination, and contribution detail. For example, the Entity Currency member stores the value for an entity in its local
currency. The Parent Currency member stores the value for an entity translated the to currency of its parent entity. The Value dimension is useful for providing an
audit trail of the transactions applied to data.

QUESTION 3
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

Correct Answer: E
Section: (none)
Explanation

Explanation/Reference:

QUESTION 4
Identify the two features that are available for data forms but not data grids.

A. View and update data

B. View calculation and consolidation status
C. Change point of view selections
D. Drill in and out on row and column members
E. Export to Excel
F. Open in Smart View

Correct Answer: EF
Section: (none)
Explanation

Explanation/Reference:

http://www.gratisexam.com/
answer is corrected.

QUESTION 5
Identify the two true statements about property value inheritance for dimension members in EPMA.

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.

Correct Answer: BD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 6
Into which Value dimension member can a journal be entered?

A. [Parent Adjs]
B. <Child Curr Adjs>
C. [Entity Adjs]
D. <Entity Currency>
E. [USD]

Correct Answer: A
Section: (none)
Explanation

http://www.gratisexam.com/
Explanation/Reference:

QUESTION 7
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

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 8
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

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 9
Life Cycle Management moves artifacts in which two ways?

http://www.gratisexam.com/
A. From one application to another application, moving Security, Dimensions, Phased Submissions, Rules, Documents, Forms, and Member Lists
B. From Hyperion Enterprise into FM
C. It does not move artifacts; it just verifies that artifacts are valid.
D. From FM into various document management suites
E. From one application to a file system, moving Security, Dimensions, Phased Submissions, Rules Documents, Forms, and Member Lists

Correct Answer: AE
Section: (none)
Explanation

Explanation/Reference:

QUESTION 10
In addition to Sub translate routine, which two application settings are also used for translate?

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

Correct Answer: BD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 11
Identify the three true statements about the Financial Management architecture.

http://www.gratisexam.com/
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.

Correct Answer: ACD

Section: (none)
Explanation

Explanation/Reference:

QUESTION 12
What feature in Financial Reporting allows you to "drill into" a dimension?

A. You cannot drill into dimensions in FR.

B. Expansions
C. Drill Options
D. Zoom Options
E. Enable for Smart Slice

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 13
What four actions can an administrator perform from the FM Administration menu?

A. Manage documents.
B. View system messages.
C. Run Data and Task Audits.
D. Manage Task Flows.
E. Manage Security.

http://www.gratisexam.com/
Correct Answer: ABCD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 14
Identify the four processes through which Financial Management supports a virtual close.

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

Correct Answer: ACDE

Section: (none)
Explanation

Explanation/Reference:

QUESTION 15
Identify the three true statements about accounts and account types.

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.

http://www.gratisexam.com/
Correct Answer: ABC
Section: (none)
Explanation

Explanation/Reference:
"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 16
You are designing the dimensionality for your Financial Management application. Identify the two true statements about dimensionality in FM.

A. Scenario dimension contains members such as CYActual, CYBudget, and PYActual.

B. Value dimension contains Periodic, year-to-date, quarter-to-date, and any custom members added by the administrator.
C. Value dimension contains Entity Currency, Entity Curr Adj, Entity Curr Total, Parent Currency, and any currency members added by the administrator.
D. The preferred method to add detail to accounts is to build subaccounts into the Accounts dimension.
E. The Intercompany Partner dimension is managed by FM based on settings in the Entity dimension.

Correct Answer: CE
Section: (none)
Explanation

Explanation/Reference:

QUESTION 17
A Classic FM application profile contains which three components?

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

http://www.gratisexam.com/
Correct Answer: ABD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 18
Identify the three true statements about Financial Reporting.

A. Financial Reporting provides highly formatted, printable reports for FM applications.

B. Financial Reporting provides ad hoc reporting capabilities for FM applications.
C. Financial Reporting document types include reports, books, snapshots, and snapshot books.
D. You can create a single P&L report and run that report for any member in the Entity dimension

Correct Answer: ACD

Section: (none)
Explanation

Explanation/Reference:

QUESTION 19
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

http://www.gratisexam.com/
Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 20
In which four ways can a user access FR reports?

A. In the Workspace in HTML mode

B. In the Workspace in PDF mode
C. Over the Web outside of the Workspace in HTML mode
D. In Smart View using the BI+ Connection
E. In PDF format from an email

Correct Answer: ABDE

Section: (none)
Explanation

Explanation/Reference:

QUESTION 21
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

Correct Answer: C
Section: (none)
Explanation

http://www.gratisexam.com/
Explanation/Reference:

QUESTION 22
How many members Lists can you load at one time?

A. 1
B. 2
C. 4
D. 10

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 23
Identify the three true statements about ERP Integrator (ERPI).

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.

Correct Answer: ABD

Section: (none)
Explanation

Explanation/Reference:

QUESTION 24
Which utility imports users, groups, and roles into Shared Services?

A. ImportSecurity.cmd

http://www.gratisexam.com/
B. ExportSecurity.cmd
C. ProvisionUsers.cmd
D. UpdateUsers.cmd
E. CSSImport.cmd

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 25
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.

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 26
A custom function in rules is useful for:

http://www.gratisexam.com/
A. Organizing rules into subsets of code
B. Controlling the ending of an If/Then
C. Writing code that will be repeated in multiple places
D. Defining conjunctions to be used along with variables
E. Custom functions are not possible in FM,

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 27
The file format load journals to FM can include which four sections?

A. File Format
B. Scenario
C. Journal Group
D. Standard

Correct Answer: ABCD

Section: (none)
Explanation

Explanation/Reference:

QUESTION 28
Assuming you are using HFM Version 11.1.1.3, identify the three true statements about Calculation Manager.

A. FMRulesMigrator.exe will migrate VB scripts into business rules in Calculation Manager.

B. There is no utility to migrate VB script rules to Calculation Manager.
C. In Calculation Manager, you can toggle back and forth between the graphical and script mode.
D. In Calculation Manager, you can create one script that can execute against both a Financial Management application and Planning application.
E. To use a business rule, you must validate and deploy the business rule.

Correct Answer: ACD

http://www.gratisexam.com/
Section: (none)
Explanation

Explanation/Reference:

QUESTION 29
Which clearing data using the Database Management module, dimension is not included for selection?

A. Scenario
B. Account
C. Custom1
D. Entity
E. Value

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 30
In a scenario with the zero view set to year-to-date, if January is $30 year to date and March is $90 year to date, what value does FM calculate for February year to
date if no data is loaded?

A. 0
B. 30
C. 45
D. 60
E. -30

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 31

http://www.gratisexam.com/
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

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 32
You need to track and report an additional level of detail for journal entries, tracking whether the adjustment came from the GL, legal, or other source. Identify the
best method to meet this requirement.

A. It is not possible to track additional levels of detail in journals.

B. Build a custom dimension to capture the additional level of detail.
C. Build subaccounts in the Accounts dimension to capture the additional level of detail.
D. Use commentary to note the sources of journals.
E. Use line item details.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 33
Given the following syntax in a business rule:

http://www.gratisexam.com/
A. Calculate ()
B. strview
C. Hs.Exp
D. DIFFERENCE
E. Hs.Scenario.DEFAULTVIEW ("")

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

http://www.gratisexam.com/
QUESTION 34
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.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 35
Identify the four levels of security in Financial Management

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

Correct Answer: ABCE

Section: (none)
Explanation

Explanation/Reference:

QUESTION 36
What four steps are required to configure an FDM application with an FM application?

A. Dimension names between FDM and FM are set in the FDM workbench or the Web client under metadata/dimensions.
B. Define the FM application name in Integration Settings in FDM.

http://www.gratisexam.com/
C. Define the FM server name in machine profiles' properties.
D. Map locations to an entity using the FDM workbench under Integration Settings.
E. Define the FDM Web server name under Integration Settings in the FDM workbench.

Correct Answer: ABCD

Section: (none)
Explanation

Explanation/Reference:
Integration Settings is an option in FDM web, and the only configuration in FDM workbench is the "default load balance server".
The only configuration requirement for entering the FDM web server in the FDM workbench is in the HFM adapter configuration for FDM (not under Integration
Setting) and even that is an optional setting which is only required when "Intersection Validation Report" is enabled. see fm11x_g6_a-target_adapter_readme.pdf in
the Hyperion EPM documentation library. (http://docs.oracle.com/cd/E17236_01/nav/portal_6.htm)

QUESTION 37
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?

A. Merge
B. Clear and Load
C. Replace
D. Replace by Security
E. Accumulate within File
F. Append

Correct Answer: ACDE

Section: (none)
Explanation

Explanation/Reference:
valid and updated.

QUESTION 38
What are the three characteristics of sub EnumMemberLists ()?

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

http://www.gratisexam.com/
Correct Answer: ABD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 39
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

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:

QUESTION 40
To which dimension do custom dimensions provide additional detail?

A. Accounts
B. Entity
C. Value
D. ICP
E. Custom dimensions are independent of other dimensions.

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

http://www.gratisexam.com/
QUESTION 41
The Account dimension's Is ICP "R" property specifies________.

A. If ICP transactions, including self-ICP transactions, are enabled for the account
B. If ICP transactions are not enabled for the account
C. if ICP transactions can be drilled back to source activity
D. if ICP transactions are enabled for the account, but the account cannot have ICP transactions with itself

Correct Answer: D
Section: (none)
Explanation

Explanation/Reference:

QUESTION 42
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?

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.

Correct Answer: CD
Section: (none)
Explanation

Explanation/Reference:

QUESTION 43
Which is the rule function used to notify the following year that a consolidation is needed due to recalculation of the current year?

http://www.gratisexam.com/
A. Exp
B. ImpactStatus
C. OpenDataUnit
D. A rule function is not used; input subroutine is used.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 44
Identify three valid application settings

A. MaxNumDocAttachments
B. UseSecurityForEntities
C. UseSecurityForValue
D. Va1idationAccount
E. SupportSubmissionPhaseforEntity

Correct Answer: ABD

Section: (none)
Explanation

Explanation/Reference:

QUESTION 45
Identify the purpose of using task lists.

http://www.gratisexam.com/
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

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 46
What are two effects of deploying an EPMA application?

A. The EPMA metadata is extracted to a text file.

B. If enabled, it pushes the data to Essbase via Essbase Analytic Link for FM.
C. The EPMA application metadata is used to create an FM application on the FM server.
D. The application is sent out to a star schema for use by Essbase and other products.
E. When you redeploy an application, the application metadata is merged or replaced based on the changes made since the last deployment.

Correct Answer: CE
Section: (none)
Explanation

Explanation/Reference:

QUESTION 47
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.

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.

http://www.gratisexam.com/
E. The only role necessary to perform LCM activities is Application Administrator.

Correct Answer: AD
Section: (none)
Explanation

Explanation/Reference:
perfected.

QUESTION 48
Identify the three true statements about I/C activity.

A. Intercompany transactions are eliminated at the first common parent.

B. Intercompany transactions can be processed for both open and closed periods.
C. Matching tolerances can be set by percent, dollar amount, or both.
D. Eliminations are processed during both Calculation and Consolidation processes.
E. I/C reports are available to display transactions by status-Matched, Mismatched, or Unmatched.

Correct Answer: ACE

Section: (none)
Explanation

Explanation/Reference:

QUESTION 49
For metadata loads, you can import changes to metadata for which three application elements?

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

Correct Answer: BCD

Section: (none)
Explanation

Explanation/Reference:

http://www.gratisexam.com/
QUESTION 50
Identify the three true statements about security classes.

A. Security classes are grouping mechanisms for assigning security access to sets of related members, documents, or other objects.
B. Access levels for security classes include metadata, read, promote, and none.
C. Security classes are assigned to FDM locations in addition to FM objects.
D. Security classes cannot be created in EPMA by creating a Security Class dimension and associating it.
E. Security classes are created in Classic FM under Load Tasks.

Correct Answer: ABC

Section: (none)
Explanation

Explanation/Reference:

QUESTION 51
For a classic application, what are the two valid methods to extract metadata to a text file?

A. You can extract metadata using the EPMA file generator.

B. Metadata can be extracted from within FM under extract tasks.
C. Metadata can be extracted from within EPMA Dimension Library.
D. Metadata can be extracted from the File > Export menu.
E. Metadata can be extracted from an FDM application.

Correct Answer: AB
Section: (none)
Explanation

Explanation/Reference:

QUESTION 52
What is the primary purpose of Extended Analytics in FM?

A. Exports Financial Management metadata and data to an Essbase database

B. Exports Financial Management metadata and data to a relational database

http://www.gratisexam.com/
C. Exports Financial Management metadata and data to an Excel pivot table
D. Provides analytic capabilities directly against the Financial Management application

Correct Answer: A
Section: (none)
Explanation

Explanation/Reference:

QUESTION 53
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

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 54
How can an administrator get a list of security classes AND assigned users defined in the FM application?

A. Select Document > Reporting > Security > Security report.

B. Select Tasks > Extract Tasks > Extract Security.
C. Select Tasks > Extract Tasks > Extract Metadata.
D. In the EPMA Dimension Library, under the Security Class dimension for the application, right-click the application and select Assign Access Control, then select
Security reports, and choose Classes by user.
E. In Shared Services, right-click the application and select Assign Access control, then select Security reports, and choose Classes by user.

Correct Answer: B
Section: (none)
Explanation

http://www.gratisexam.com/
Explanation/Reference:

QUESTION 55
The organization by period feature is used for what two purposes?

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

Correct Answer: BE
Section: (none)
Explanation

Explanation/Reference:

QUESTION 56
If Sample Company 1230LAP has an intercompany balance with sample company PQR, when is the balance eliminated, assuming that consolidation rules have
not been enabled in Application Settings?

A. All eliminations occur within the uppermost member on each of the entity dimension hierarchies.
B. Eliminations occur in the [Elimination] value members of the children of the first common parent entity.
C. Eliminations occur in the [Elimination] value members of the children of the first common parent account.
D. If the consolidation rule in Application Settings is not enabled, the intercompany accounts do not eliminate.

Correct Answer: B
Section: (none)
Explanation

Explanation/Reference:

QUESTION 57
How many custom dimensions do Financial Management applications allow?

A. 2

http://www.gratisexam.com/
B. 3
C. 4
D. 5
E. None. Financial Management supports only fixed dimensions.

Correct Answer: C
Section: (none)
Explanation

Explanation/Reference:
up-to-date.

http://www.gratisexam.com/