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Question 1:

What are the three characteristics of sub EnumMemberLists ()? (Choose three.)

A. Specifies which dimensions have member lists

B. Names each member list in each dimension

C. Specifies the valid members for a member list

D. Specifies the number of lists for each dimension

E. Is used to create both static and dynamic lists

Correct Answer: ABD

Question 2:

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 3:

EPMA provides a Shared Dimension Library for maintaining EPM dimensions. Identify two reasons that would make you consider using EPMA to maintain dimensions over FM Classic metadata files? (Choose two.)

A. You can use the same metadata file format from FM Classic to import dimensions In EPMA.

B. Dimensions can be shared across applications or can be local to a specific application.

C. In EPMA, you can make a change to a member in a shared dimension once and sync ft across FM and Planning applications.

D. You can assign member access security in the EPMA dimension library for a shared dimension and sync it across FM and Planning applications.

Correct Answer: CD

Question 4:

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; input subroutine is used.

Correct Answer: B

Question 5:

Identify three valid application settings. (Choose three.)

A. MaxNumDocAttachments

B. UseSecurityForEntities

C. UseSecurityForValue

D. Va1idationAccount

E. SupportSubmissionPhaseforEntity

Correct Answer: ABD

Question 6:

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 7:

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 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:

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 10:

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 11:

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 12:

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 13:

You need to copy an FM Classic application including data from the production environment to the test environment to test new business rules.

How can you do this?

A. Use the FMCopyApplication.exe utility.

B. Copy the application using the Admin Task list, select Extract Application and then import into a new application.

C. Select the Copy User Provisioning in Shared Services.

D. Use Life Cycle Management to migrate the artifacts and data.

E. Use the EPMA File Generator Utility to extract and import metadata.

Correct Answer: A

Question 14:

The Value dimension stores detail from child to parent for which dimension?

A. View

B. Entity

C. Account

D. Currency

E. Scenario

Correct Answer: B

The Value dimension represents the different types of values stored in your application, and can include the input currency, parent currency, adjustments, and consolidation detail such as proportion, elimination, and contribution detail. For example, the Entity Currency member stores the value for an entity in its local currency. The Parent Currency member stores the value for an entity translated the to currency of its parent entity. The Value dimension is useful for providing an audit trail of the transactions applied to data.

Question 15:

Custom dimensions may be used to perform

A. Cash Flows

B. Roll forwards

C. Historical Overrides

D. B and C

E. A, B, and C

Correct Answer: E