oracle 1z0-532 practice test

Identify the three true statements about I/C activity. (Choose three.)

• A. Intercompany transactions are eliminated at the first common parent.
• B. Intercompany transactions can be processed for both open and closed periods.
• C. Matching tolerances can be set by percent, dollar amount, or both.
• D. Eliminations are processed during both Calculation and Consolidation processes.
• E. I/C reports are available to display transactions by status-Matched, Mismatched, or Unmatched.

For metadata loads, you can import changes to metadata for which three application elements?
(Choose three.)

• A. Periods
• B. Accounts
• C. Entities
• D. Currencies
• E. Value

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

• 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.

For a classic application, what are the two valid methods to extract metadata to a text file? (Choose
two.)

• A. You can extract metadata using the EPMA file generator.
• B. Metadata can be extracted from within FM under extract tasks.
• C. Metadata can be extracted from within EPMA Dimension Library.
• D. Metadata can be extracted from the File > Export menu.
• E. Metadata can be extracted from an FDM application.

What is the primary purpose of Extended Analytics in FM?

• A. Exports Financial Management metadata and data to an Essbase database
• B. Exports Financial Management metadata and data to a relational database
• C. Exports Financial Management metadata and data to an Excel pivot table
• D. Provides analytic capabilities directly against the Financial Management application

The Audit Intersection link in Data Grid menus takes the user to:

• A. The Data Audit listing for the cell
• B. The FDM location used to load the data
• C. The database log for the data storage table
• D. The Task Audit page
• E. Line item details

How can an administrator get a list of security classes AND assigned users defined in the FM
application?

• A. Select Document > Reporting > Security > Security report.
• B. Select Tasks > Extract Tasks > Extract Security.
• C. Select Tasks > Extract Tasks > Extract Metadata.
• D. In the EPMA Dimension Library, under the Security Class dimension for the application, right-click the application and select Assign Access Control, then select Security reports, and choose Classes by user.
• E. In Shared Services, right-click the application and select Assign Access control, then select Security reports, and choose Classes by user.

The organization by period feature is used for what two purposes? (Choose two.)

• A. Segregating rules by month and year
• B. Controlling when entities consolidate into specific parents
• C. Organizing the period dimension into multiple hierarchies
• D. Managing the ownership percentage of one entity by others
• E. Maintaining stored data values for changes in the Entity structure over time

If Sample Company 1230LAP has an intercompany balance with sample company PQR, when is the
balance eliminated, assuming that consolidation rules have not been enabled in Application
Settings?

• A. All eliminations occur within the uppermost member on each of the entity dimension hierarchies.
• B. Eliminations occur in the [Elimination] value members of the children of the first common parent entity.
• C. Eliminations occur in the [Elimination] value members of the children of the first common parent account.
• D. If the consolidation rule in Application Settings is not enabled, the intercompany accounts do not eliminate.

How many custom dimensions do Financial Management applications allow?

• A. 2
• B. 3
• C. 4
• D. 5
• E. None. Financial Management supports only fixed dimensions.