Oracle Oracle Certifications 1Z0-532 Questions & Answers

• Question 61:

  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

  Correct Answer: D

• Question 62:

  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

  Correct Answer: A

• Question 63:

  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.

  Correct Answer: AB

• Question 64:

  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

  Correct Answer: BCD

• Question 65:

  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.

  Correct Answer: ABC

• Question 66:

  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.

  Correct Answer: ACE

• Question 67:

  You need to migrate an FM application in version 11 from development to production. Your environment has two instances of Shared Services, one for development and one for production. Identify the two true statements about using Life Cycle Management to perform the application migration from development to production within this environment. (Choose two.)

  A. You can select specific objects to migrate or all objects to migrate.

  B. Migrating applications from development to production in disconnected environments, where there are two instances of Shared Services, is not supported.

  C. Life Cycle Management will migrate both objects and data.

  D. Life Cycle Management will generate an XML file that can be modified and used for importing to target applications.

  E. The only role necessary to perform LCM activities is Application Administrator.

  Correct Answer: AD

• Question 68:

  What are two effects of deploying an EPMA application? (Choose two.)

  A. The EPMA metadata is extracted to a text file.

  B. If enabled, it pushes the data to Essbase via Essbase Analytic Link for FM.

  C. The EPMA application metadata is used to create an FM application on the FM server.

  D. The application is sent out to a star schema for use by Essbase and other products.

  E. When you redeploy an application, the application metadata is merged or replaced based on the changes made since the last deployment.

  Correct Answer: CE

• Question 69:

  Identify the purpose of using task lists.

  A. To upload user "to do" items to FM with due dates and alert dates

  B. To organize and group related tasks into a navigational aid for users

  C. To create lists of members with VB script

  D. To list tasks to be executed by the FM Server

  E. To define the review path for consolidation review

  Correct Answer: B

• Question 70:

  Identify three valid application settings. (Choose three.)

  A. MaxNumDocAttachments

  B. UseSecurityForEntities

  C. UseSecurityForValue

  D. Va1idationAccount

  E. SupportSubmissionPhaseforEntity

  Correct Answer: ABD