1Z0-532 Online Practice Questions and Answers

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.

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.

How many members Lists can you load at one time?

A. 1

B. 2

C. 4

D. 10

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.

How does the FM administrator manage the Intercompany Partner dimension?

A. By selecting and deselecting the IsICP field on the entity member properties

B. By selecting and deselecting the IsICP field on the account member properties

C. It cannot be maintained by the administrator. FM automatically creates the ICP dimension to match all members in the Entity dimension.

D. It cannot be maintained by the administrator. FM automatically creates the ICP dimension to match all members in the Account dimension.

E. Using the Dimension editor in the same way as a custom dimension or Entity dimension

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

A. Scenario

B. Account

C. Custom1

D. Entity

E. Value

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.

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

A. User Authentication

B. Document

C. Task

D. Cell Level

E. Data

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.