Real 1Z0-532 Practice Tests For Free Share From PassLeader

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Vendor: Oracle
Exam Code: 1Z0-532
Exam Name: Oracle Hyperion Financial Management 11 Essentials

QUESTION 1
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.

Answer: ABC

QUESTION 2
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.

Answer: AB

QUESTION 3
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
C.    Exports Financial Management metadata and data to an Excel pivot table
D.    Provides analytic capabilities directly against the Financial Management application

Answer: A

QUESTION 4
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

Answer: B

QUESTION 5
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.

Answer: B

QUESTION 6
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

Answer: BE

QUESTION 7
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.

Answer: B

QUESTION 8
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.

Answer: CE

QUESTION 9
A Classic FM application profile contains which three components?

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

Answer: ABD

QUESTION 10
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

Answer: ACD


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