Online 1Z0-533 Practice Test

Question 1

A planning end user opens a data form and sees a long list of entities in the drop-down list in the Page section. She would like to shorten this list and use the search functionality instead. How can she change the number of members needed on a form to initiate a page dropdown search?

Options :

A : Form Management>>Display tab

B : Form Management>> Options tab

C : Preferences>>Database Settings tab

D : Preferences>> Display Options tab

E : This change can only be made by the Planning Administrator.

Answer: D

Question 2

What differentiates a user-defined custom dimension from the Entity and Account dimensions?

Options :

A : You can only add custom attributes to user-defined custom dimensions.

B :

You assign valid plan types for the user-defined custom dimension at the dimension level.

C : You assign data types for the user-defined custom dimension at the dimension level.

D : You cannot: assign security for user-defined custom dimensions.

E :

You can easily delete a user-defined custom dimension in Planning but you cannot delete an Entity dimension.

Answer: B

Question 3

You have a measure in your Accounts dimension for "Price". Price Is Input by users (along with Units). Sales is calculated as Units * Price. Identify the correct property that should be assigned to Price to meet this requirement.

Options :

A : Stored

B : Dynamic Calc

C : Dynamic Calc and Store

Answer: A

Question 4

In the Workforce Planning module, an employee is terminated. What two activities do you perform in WFP, so that total salary numbers are correctly calculated?

Options :

A : Run a business rule to change the employee's status.

B : Change the employee's status on a data form using the Smart List drop down.

C : Change the employee's status on a data form using the free form text measure.

D : Change the employee status attribute association in the Employee dimension.

E : Delete the employee from Workforce Planning.

Answer: A,B

Question 5

Identify three key benefits of the Planning solution.

Options :

A : Standardized data forms for plan data entry available both for the Web and in Excel

B :

One tool to budget and forecast as well as provide reporting for very detailed Actuals Information

C : Central repository of business rules that can be run by end users to calculate plan data

D : Detailed security down to the cell level

E : Flexible solution customizable for almost any kind of budgeting and forecasting process

Answer: A,C,E

EXPERTY DESIGNED 1Z0-533 PRACTICE TEST