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1Z0-532 Oracle Hyperion Financial Management 11 Essentials

March 31, 2018 by admin

Exam Number: 1Z0-532
Exam Title: Oracle Hyperion Financial Management 11 Essentials

Exam Details Duration: 105 minutes
Number of Questions:  65
Passing Score: 75%
Validated Against: This exam has been validated against 11.1.1.
Format: Multiple Choice

Associated Certification Paths: Oracle Hyperion Financial Management 11 Certified Implementation Specialist

Exam Preparation
Training Increases Your Chance of Passing
Complete Recommended Training

Complete the training below to prepare for your exam (optional):

Oracle Hyperion Financial Management 11.1.2: Create & Manage Applications

Additional Preparation and Information

A combination of Oracle training and hands-on experience (attained via labs and/or field experience) provides the best preparation for passing the exam.

Resources available to partners only
Training Opportunities for Oracle Partner Network Members
Oracle Hyperion Financial Management Implementation Boot Camp
OPN Guided Learning Path: Oracle Hyperion Financial Management 11.1.1 Implementation Specialist
Training Resources by Exam Topics

Review Exam Topics
Overview of Hyperion Financial Management

Explain financial reporting concepts
Describe HFM structure and design concepts a high level

Creating Applications — Profile and Metadata — Classic

Create an application profile and application
Create the application profile
Manage, Load and Extract metadata
Build a Chart of Accounts
Describe and specify values for commonly used properties
Describe and specify values for commonly used application settings
Describe and implement dimensionality

EPM Architect

Explain advantages and disadvantages of using EPMA versus “classic” HFM
Describe EPMA components
Define and maintain dimensions using EPMA
Create and maintain application using EPMA
Deploy applications
Use data synchronization to move data between EPMA-based applications Data Loading and Analysis
Load data into an application with native format files
Load data into an application using alternative approaches
Copy and clear data from HFM application

HFM Rules & Calculation Manager

Create and maintain calculations in HFM
Define and invoke subroutines
Define and use variables
Define and invoke functions

Creating and Building Lists

Create member lists.
Use member lists.
Load and Extract member lists.

Shared Services

Explain Security and Lifecycle Management
Describe security structure (i.e. users/groups, roles, and classes) in HFM
Provision users and groups
Create and assign classes
Manage users, groups and classes in a classic HFM application via extract/load
Use Lifecycle Management Services to move artifacts from one application to another

HFM Administration

Copy classic HFM applications
Perform application management tasks using the HFM Administration menu
Implement process control
Perform HFM tuning and optimization

HFM End User Basics

Use task lists
Use data grids
Use data entry forms
Use Journals.

HFM End User Advance Functions

Implement intercompany reporting in HFM

Financial Reporting Studio

Explain and use the basic features of Financial Reporting Studio
Explain and use relationship functions in report creation
Use end user report functionality and features

Supporting Tools of FM

Financial Data Quality Management
Other – Extended Analytics

QUESTION 1
What are the three characteristics of sub EnumMemberLists ()?

A. Specifies which dimensions have member lists
B. Names each member list in eachdimension
C. Specifies the valid members for a member list
D. Specifies the number of lists for each dimension
E. Is used to create both static and dynamic lists

Answer: B,C,D

QUESTION 2
Identify the dimensions that are built by using the applicationprofile?

A. Year and period only
B. Value and view only
C. View, Period, and Year
D. Period, Value, and Year
E. Scenario, Period, and Year

Answer: C

QUESTION 3
Towhich dimension do custom dimensions provide additional detail?

A. Accounts
B. Entity
C. Value
D. ICP
E. Custom dimensions are independent of other dimensions.

Answer: E

QUESTION 4
TheAccount dimension’s Is ICP”R” property specifies________.

A. If ICP transactions,including self-ICP transactions, areenabled for the account
B. If ICP transactions are not enabled forthe account
C. if ICP transactions can be drilled back to source activity
D. if ICP transactions are enabled for the account, but the account cannot have ICP transactions
withitself

Answer: C

QUESTION 5
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: C,D

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