Online 1Z0-532 Practice Test

Question 1

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

four.)

Options :

A :

A fully automated consolidation tool that combines financial data across many ledgers and

consolidates to a corporate or business unit level

B : Automatic posting of eliminating entries, accrual entries, and allocations

C : Automated collection, mapping, verification, and movement of data

D : Automated intercompany processing

E : Analysis capabilities throughout close over the Web and in Excel

Answer: A,C,D

Question 2

Identify the two features that are available for data forms but not data grids. (Choose two.)

Options :

A : View and update data

B : View calculation and consolidation status

C : Change point of view selections

D : Drill in and out on row and column members

E :

Export to Excel

F : Open in Smart View

Answer: A

Question 3

Identify three true statements about variables in VBScripts rules. (Choose three.)

Options :

A : A variable is a temporary storage object for a value to be used in the rule.

B : A variable may be only of the string data type.

C : Functions may be applied to variables.

D : A variable must be defined before it can be used in the script.

E : A variable may be used across subroutines.

Answer: A,C,D

Question 4

Identify the three true statements about Dimension Associations in EPM (Choose three.)

Options :

A :

Dimension associations are used when a property in one dimension is associated with the

members in another dimension.

B : The Security Class dimension is associated with the Security Class property only in an Account and Entity.

C :

The Alias dimension is associated with the Alias property for Account, Entity, and Scenario

dimensions.

D :

The Currency dimension is associated with the Currency property of the Account dimension.

E : A Plug Account from the Account dimension can be associated with the Account dimension.

Answer: A,C,D

Question 5

Identify the three true statements about security classes. (Choose three.)

Options :

A :

Security classes are grouping mechanisms for assigning security access to sets of related

members, documents, or other objects.

B : Access levels for security classes include metadata, read, promote, and none.

C : Security classes are assigned to FDM locations in addition to FM objects.

D :

Security classes cannot be created in EPMA by creating a Security Class dimension and associating

it.

E : Security classes are created in Classic FM under Load Tasks.

Answer: A,B,C

EXPERTY DESIGNED 1Z0-532 PRACTICE TEST