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Oracle Hyperion Financial Management 11 Essentials

Question No: 21

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?

  1. Use the FMCopyApplication.exe utility.

  2. Copy the application using the Admin Task list, select Extract Application and then import into a new application.

  3. Select the Copy User Provisioning in Shared Services.

  4. Use Life Cycle Management to migrate the artifacts and data.

  5. Use the EPMA File Generator Utility to extract and import metadata.

Answer: A

Question No: 22

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

  1. View

  2. Entity

  3. Account

  4. Currency

  5. Scenario

Answer: B

Explanation: 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 No: 23

Custom dimensions may be used to perform

  1. Cash Flows

  2. Roll forwards

  3. Historical Overrides

  4. B and C

  5. A, B, and C

Answer: E

Question No: 24

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

  1. View and update data

  2. View calculation and consolidation status

  3. Change point of view selections

  4. Drill in and out on row and column members

  5. Export to Excel

  6. Open in Smart View

Answer: E,F

Question No: 25

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

  1. Property values are always inherited from ancestors and cannot be changed.

  2. Property values are inherited from the closest ancestor except when a property value has been specifically entered.

  3. You must manually enter and store property values for all the dimension members.

  4. Property value inheritance decreases maintenance requirements for dimensions.

  5. Inheritance takes precedence over properties defined in metadata load files.

Answer: B,D

Question No: 26

Into which Value dimension member can a journal be entered?

  1. [Parent Adjs]

  2. lt;Child Curr Adjsgt;

  3. [Entity Adjs]

  4. lt;Entity Currencygt;

  5. [USD]

Answer: A

Question No: 27

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

  1. In FM, spaces are allowed in member names while in Planning, spaces are not allowed in member names.

  2. In FM, spaces are not allowed in member names while in Planning, spaces are allowed in member names.

  3. In FM, descriptions are not required to be unique while in Planning, aliases must be unique.

  4. A and C

  5. B and C

Answer: C

Question No: 28

In Task Automation, a link in a task flow:

  1. Passes the point of view to a stage

  2. Connects the task to a specific user

  3. Passes control from one stage to another

  4. Passes control from a task to the IT department

  5. Passes a process unit from one review level to the next review level

Answer: C

Question No: 29

Life Cycle Management moves artifacts in which two ways?

  1. From one application to another application, moving Security, Dimensions, Phased Submissions, Rules, Documents, Forms, and Member Lists

  2. From Hyperion Enterprise into FM

  3. It does not move artifacts; it just verifies that artifacts are valid.

  4. From FM into various document management suites

  5. From one application to a file system, moving Security, Dimensions, Phased Submissions, Rules Documents, Forms, and Member Lists

Answer: A,E

Question No: 30

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

  1. DefaultRateForICPAccounts

  2. DefaultRateForBalanceAccounts

  3. DefaultRateForExpenseAccounts

  4. DefaultRateForFlowAccounts

Answer: B,D

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