Online 1D0-1080-24-D Practice Test

Question 1

What three time period management tasks can you perform in Strategic Modeling? (Choose three.)

Options :

A : Combine periods of years, halves, quarters, months, and weeks for historical forecast data.

B : Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.

C : Enable the input option for upper level time periods when you add time detail

D : Create period-to-date, trailing periods, deal periods, and sub periods to record transactions

E : Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.

Answer: A,C

Question 2

What are the two primary use cases for an ASO reporting cube? (Choose two.)

Options :

A : You want to create and execute Calculation Manager business rules

B : You want to report on Smart Lists in Planning, which you can’t do in Planning

C : You want to report on new Planning data originating from any source, such as a data warehouse

D : You want to create, maintain, and report on Attribute dimensions

Answer: B,D

Question 3

Which statement describes infolets? Choose the best answer.

Options :

A : Infolets help you personalize focused data slices that you frequently use for analysis.

B : Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information

C : Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.

D : Infolets help you organize, track, and prioritize your workload.

Answer: B

Question 4

Which two are displayed on the user point of view bar within a financial report? Choose two

Options :

A : Dimensions that are tagged as type Time

B : Dimensions that are tagged as type Account

C : Dimensions not defined in a row, column, or page

D : Dimensions in a row, column, or page that are flagged for the current point of view

Answer: C,D

Question 5

In Strategic Modeling Simulations, which probability distribution describes many phenomena such as returns on equity or assets, inflation rates, or currency fluctuations? (Choose the best answer.)

Options :

A : Normal

B : Lognormal

C : Triangular

D : BetaPERT

E : Uniform

Answer: A

EXPERTY DESIGNED 1D0-1080-24-D PRACTICE TEST