Q1. Which is the rule function used to notify the following year that a consolidation is needed due to recalculation of the current year?
A. Exp
B. ImpactStatus
C. OpenDataUnit
D. A rule function is not used; input subroutine is used.
Answer: B
Q2. Assuming you are using HFM Version 11.1.1.3, identify the three true statements about Calculation Manager.
A. FMRulesMigrator.exe will migrate VB scripts into business rules in Calculation Manager.
B. There is no utility to migrate VB script rules to Calculation Manager.
C. In Calculation Manager, you can toggle back and forth between the graphical and script mode.
D. In Calculation Manager, you can create one script that can execute against both a Financial Management application and Planning application.
E. To use a business rule, you must validate and deploy the business rule.
Answer: ACD
Q3. Before you can define an alias for a dimension or member in EPMA, you must
A. Do nothing; the Alias property is created by default
B. Create an Alias dimension and associate it
C. Create an Alias attribute
D. Create an Alias Property
E. Create an Alias Table
Answer: B
Q4. 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
Q5. 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
Q6. 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?
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.
Answer: CD
Q7. For metadata loads, you can import changes to metadata for which three application elements?
A. Periods
B. Accounts
C. Entities
D. Currencies E. Value
Answer: BCD
Q8. Life Cycle Management moves artifacts in which two ways?
A. From one application to another application, moving Security, Dimensions, Phased Submissions, Rules, Documents, Forms, and Member Lists
B. From Hyperion Enterprise into FM
C. It does not move artifacts; it just verifies that artifacts are valid.
D. From FM into various document management suites
E. From one application to a file system, moving Security, Dimensions, Phased Submissions, Rules Documents, Forms, and Member Lists
Answer: AE
Q9. When designing for Planning and Financial Management, what are the design considerations for dimensions and member?
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
Answer: C
Q10. Identify the purpose of using task lists.
A. To upload user “to do” items to FM with due dates and alert dates
B. To organize and group related tasks into a navigational aid for users
C. To create lists of members with VB script
D. To list tasks to be executed by the FM Server
E. To define the review path for consolidation review
Answer: B