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Oracle Hyperion Financial Management 11 Essentials Questions and Answers

Question 1

Identify the correct sequence for building a Classic FM application:

1-Create the application shell.

2-Create an application profile.

3-Define metadata such as dimensions and application settings.

4-Load data, data forms, member lists, rules, and journals.

5-Define security.

Options:

A.

1, 2, 3, 4, 5

B.

2, 1, 4, 3, 5

C.

2, 1, 5, 3, 4

D.

1, 2, 5, 3, 4

E.

1, 2, 3, 5, 4

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Question 2

To which dimension do custom dimensions provide additional detail?

Options:

A.

Accounts

B.

Entity

C.

Value

D.

ICP

E.

Custom dimensions are independent of other dimensions.

Question 3

You need to track and report an additional level of detail for journal entries, tracking whether the adjustment came from the GL, legal, or other source. Identify the best method to meet this requirement.

Options:

A.

It is not possible to track additional levels of detail in journals.

B.

Build a custom dimension to capture the additional level of detail.

C.

Build subaccounts in the Accounts dimension to capture the additional level of detail.

D.

Use commentary to note the sources of journals.

E.

Use line item details.