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Updated 1Z0-532 Exam Dumps

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1Z0-532 the Most Up to Date questions are from 1Z0-532 free dumps

Question 1:

Identify the dimensions that are built by using the application profile.

A. Year and period only

B. Value and view only

C. View, Period, and Year

D. Period, Value, and Year

E. Scenario, Period, and Year

Correct Answer: C

Question 2:

To which dimension do custom dimensions provide additional detail?

A. Accounts

B. Entity

C. Value


E. Custom dimensions are independent of other dimensions.

Correct Answer: A

Question 3:

Which is the rule function used to notify the following year that a consolidation is needed due to recalculation of the current year?

A. Exp

B. ImpactStatus

C. OpenDataUnit

D. A rule function is not used; an input subroutine is used.

Correct Answer: B

Question 4:

Identify three valid application settings. (Choose three.)

A. MaxNumDocAttachments

B. UseSecurityForEntities

C. UseSecurityForValue

D. Va1idationAccount

E. SupportSubmissionPhaseforEntity

Correct Answer: ABD

Question 5:

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 6:

What are the 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 7:

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 8:

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 9:

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 10:

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 11:

The Audit Intersection link in the 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 12:

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 the user.

E. In Shared Services, right-click the application and select Assign Access control, then select Security reports, and choose Classes by the user.

Correct Answer: B

Question 13:

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

Correct Answer: BE

Question 14:

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.

Correct Answer: B

Question 15:

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.

Correct Answer: C


At last

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