Online 1Z0-532 Practice Test

Question 1

To which dimension do custom dimensions provide additional detail?

Options :

A : Accounts

B : Entity

C : Value

D : ICP

E : Custom dimensions are independent of other dimensions.

Answer: A

Question 2

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 3

Identify the dimensions that are built by using the application profile?

Options :

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 4

Which clearing data using the Database Management module, dimension is not included for

selection?

Options :

A : Scenario

B : Account

C : Custom1

D : Entity

E : Value

Answer: C

Question 5

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

EXPERTY DESIGNED 1Z0-532 PRACTICE TEST