Online Access Free 1Z1-532 Practice Test

Identify the three true statements about the Financial Management architecture. (Choose three.)

• A.The client tier (user interface) communicates with the data tier.
• B.The client tier (user interface) communicates with the application tier.
• C.The application tier contains the application as well as the report and Web servers.
• D.Hyperion Financial Management uses a multitier architecture that includes a client tier, application tier, and a data tier.
• E.The data tier contains the Essbase database for all Hyperion Financial Management application data and source data.

Identify the four processes through which Financial Management supports a virtual close. (Choose four.)

• A.Analysis capabilities throughout close over the Web and in Excel
• B.Automated collection, mapping, verification, and movement of data
• C.Automatic posting of eliminating entries, accrual entries, and allocations
• D.A fully automated consolidation tool that combines financial data across many ledgers and consolidates to a corporate or business unit level
• E.Automated intercompany processing

How does the FM administrator manage the Intercompany Partner dimension?

• A.By selecting and deselecting the IsICP field on the entity member properties
• B.It cannot be maintained by the administrator. FM automatically creates the ICP dimension to match all members in the Account dimension.
• C.It cannot be maintained by the administrator. FM automatically creates the ICP dimension to match all members in the Entity dimension.
• D.By selecting and deselecting the IsICP field on the account member properties
• E.Using the Dimension editor in the same way as a custom dimension or Entity dimension

Marcela will only approve and post Journals. What two Shared Services roles/rights should be assigned to meet this requirement? (Choose two.)

• A.Approve Journals
• B.Post Journals
• C.Create Journals
• D.Reviewer 1
• E.Journals Administrator

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

• A.DefaultRateForBalanceAccounts
• B.DefaultRateForFlowAccounts
• C.DefaultRateForExpenseAccounts
• D.DefaultRateForICPAccounts