1Z0-532 Online Practice Questions and Answers

What are two effects of deploying an EPMA application? (Choose two.)

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.

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

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 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.

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

What are the two required steps for creating data synchronization? (Choose two.)

A. Map dimensions.

B. Assign default members.

C. Define mappings for all members

D. Create the synchronization.

E. Filter dimensions

A custom function in rules is useful for:

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,

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.

Identify the three true statements about tuning FM applications. (Choose three.)

A. Enabling ENABLEBACKGROUNDPAGEIN and setting it to 1 improves system performance.

B. FM never addresses more than 3 gigabytes of memory on a 32 bit operating system.

C. Subcubes in FM have no impact on performance.

D. Memory management is an important tuning step for FM applications.

E. The performance of the underlying repository for FM has no impact on the performance of FM.

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.