Online Access Free 1Z1-532 Practice Test

Identify the two true statements about Financial Management member properties. (Choose two.)

• A.IsConsolidate tells Financial Management whether a member should consolidate up the entity and value dimensions.
• B.If IsICP is selected, a PlugAccount can be specified to enable elimination.
• C.CustomTopMember properties are always associated with the entity dimension.
• D.IsCalculated is required for parents to sum up the values of their children.

Identify the statement that applies to parent accounts.

• A.Parent accounts can have a single child only if the currency is changing.
• B.Parent accounts inherit the properties of their children.
• C.A parent account is limited to 3 children or less.
• D.Parent accounts should have more than one child account but it is not required.
• E.The number of children under a parent account has no performance impact.

The organization by period feature is used for what two purposes? (Choose two.)

• A.Segregating rules by month and year
• B.Managing the ownership percentage of one entity by others
• C.Maintaining stored data values for changes in the Entity structure over time
• D.Organizing the period dimension into multiple hierarchies
• E.Controlling when entities consolidate into specific parents

Identify the three true statements about Financial Reporting. (Choose three.)

• A.Financial Reporting provides ad hoc reporting capabilities for FM applications.
• B.Financial Reporting provides highly formatted, printable reports 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

What are the two required steps for creating data synchronization? (Choose two.)

• A.Assign default members.
• B.Create the synchronization.
• C.Map dimensions.
• D.Define mappings for all members
• E.Filter dimensions