Online 1Z0-533 Practice Test

Question 1

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

Question 2

Identify the two true statements about shared members.

Options :

A : You can assign a custom attribute value to a shared member.

B : You can define a member formula for a shared member.

C : You can assign security rights to a shared member.

D :

There is no limit to the number of shared members that you can create for the base member.

E : Shared members may be defined for Accounts and Entity dimensions only.

Answer: C,D

Question 3

Given the following:

Measures (Dense): 40 stored members, 50 total members

Time (Dense): 17 stored members, 17 total members

Scenario (Dense): 2 stored members, 5 total members

Market (Sparse): 100 stored members, 100 total members

Product (Sparse): 500 stored members, 550 total members

How many potential blocks could be created?

Options :

A : Potential Blocks = 40 * 17*2

B : Potential Blocks = 40* 17*2*8

C : Potential Blocks = 100 * 500

D : Potential Blocks = 100 * 500 * 8

E : Potential Blocks = 100 * 550

F : Potential Blocks = 100 * 550 * 8

Answer: C

Question 4

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 5

What are the three supported methods to create and update a member and its properties (assuming Classic or non-Classic Planning applications)?

Options :

A : Planning Web Client

B : EAS

C : EPMA

D : DRM

E : Outline Load Utility

Answer: B,C,D

EXPERTY DESIGNED 1Z0-533 PRACTICE TEST