Online 1Z0-588 Practice Test

Question 1

The Data Relationship Management API Adapter is required for the DRM API. Identify three other components that are required to use the DRM API.

Options :

A : Oracle WebLogic Server 11g

B : JDeveloper

C : EPM Workspace

D : Oracle Web Services Manager (OWSM)

E : Shared Services

Answer: A,C,D

Question 2

You maintain the Market hierarchy in DRM.

A target system needs an alternate hierarchy of the Market dimension that contains the lowest level of markets (city) rolling up by market size (nodes Large, Medium, and Small).

Identify the ways to meet this requirement in DRM.

1. Create a property category called 'Market Size' and populate the values as 'Large', 'Medium', and 'Small'

2. Create a property called 'Market Size' and populate the values as 'Large', 'Medium', and 'Small'

3. Create a node type called 'Market Size' and populate the values as 'Large', 'Medium', and 'Small'

4. Create an alternate hierarchy in the Market dimension with nodes 'Large', 'Medium', and 'Small'. Add cities as shared nodes under the appropriate Market Size nodes.

Options :

A : 1 only

B : 2 only

C : 3 only

D : 4 only

E : 1, 4 only

F : 2, 4 only

G : 2, 3, 4 only

Answer: D

Question 3

Identify the three true statements about version types.

Options :

A : A normal version type is a version that can be edited and its status changed.

B : Baseline version is a copy of a normal version at the time that it was created

C : Finalized versions can never have their status changed.

D : An 'As Of' version is a historical view of a normal version based on a date or transaction ID.

E : You may change the status of an 'As Of version.

Answer: A

Question 4

After the requirements and analysis phase of the DRM implementation, you documented key findings pertinent to the project.

Choose the three findings that pose risk to the implementation of DRM.

Options :

A : Lack of understanding about how the data elements 3r& used by the business

B : Proper business involvement

C : Inexperience with DRM

D : Unclear owners of data and unclear data process

E : Phase includes single dimension with many sources and targets

F : There is a well defined data governance model.

Answer: A,C

Question 5

Identify the three true statements about the timing of DRM integrations.

Options :

A : Exports may be run any time on any version.

B : Imports may be run any time on any version.

C : Property queries may be run any time on any version.

D : DRM integrations may be scheduled or run on demand.

E : Once a version has been finalized, only data Managers may run exports.

Answer: A,C,D

EXPERTY DESIGNED 1Z0-588 PRACTICE TEST