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Oracle 1z0-532 Oracle Hyperion Financial Management 11 Essentials Exam Practice Test

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Oracle Hyperion Financial Management 11 Essentials Questions and Answers

Question 1

In which four ways can a user access FR reports? (Choose four.)

Options:

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

Question 2

To which dimension do custom dimensions provide additional detail?

Options:

A.

Accounts

B.

Entity

C.

Value

D.

ICP

E.

Custom dimensions are independent of other dimensions.

Question 3

Identify the statement that applies to parent accounts.

Options:

A.

A parent account is limited to 3 children or less.

B.

Parent accounts should have more than one child account but it is not required.

C.

Parent accounts can have a single child only if the currency is changing.

D.

The number of children under a parent account has no performance impact.

E.

Parent accounts inherit the properties of their children.

Question 4

Identify the two features that are available for data forms but not data grids. (Choose two.)

Options:

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

Question 5

Financial Management provides enabling technologies to complete which three close processes? (Choose three.)

Options:

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.

Question 6

When designing for Planning and Financial Management, what are the design considerations for dimensions and member?

Options:

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

Question 7

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

Options:

A.

User Authentication

B.

Document

C.

Task

D.

Cell Level

E.

Data

Question 8

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.

Options:

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.

Question 9

Identify the three true statements about I/C activity. (Choose three.)

Options:

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.

Question 10

Identify the two true statements about defining member lists in Financial Management. (Choose two.)

Options:

A.

Financial Management will scan the member list Visual Basic file and verify that the member is a valid member.

B.

Only when you access the grid with the member list will an error appear with the line number of the invalid member selection.

C.

A member list must define all member lists for all dimensions.

D.

Member lists can be created in EPMA.

Question 11

How does the FM administrator manage the Intercompany Partner dimension?

Options:

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

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