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Q1. Identify the two true statements about rule types in FM. 

A. The Dynamic rule type allows you to calculate both parent and base accounts. 

B. The NoInput rule type prevents users from entering data into specific cells or slices of cells using Hs.Nolnput. 

C. Calculate, Dynamic, Allocation, Input, No Input, Translate, Consolidate, Transactions, and Equity pickup are all valid rule types. 

D. If you need to calculate Gross Margin %, use the Translate rule type. 

E. Calculation rules are run only with FM specific calculation commands in Financial Management; no general VB commands. 

Answer: BC 

Q2. The file format load journals to FM can include which four sections? 

A. File Format 

B. Scenario 

C. Journal Group 

D. Standard 

Answer: ABCD 

Q3. 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. 


Q4. 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. 


Q5. Identify the three true statements about the Financial Management architecture. 

A. Hyperion Financial Management uses a multitier architecture that includes a client tier, application tier, and a data tier. 

B. The client tier (user interface) communicates with the data tier. 

C. The client tier (user interface) communicates with the application tier. 

D. The application tier contains the application as well as the report and Web servers. 

E. The data tier contains the Essbase database for all Hyperion Financial Management application data and source data. 

Answer: ACD 

Q6. How many members Lists can you load at one time? 

A. 1 

B. 2 

C. 4 

D. 10 


Q7. Identify the two true statements about property value inheritance for dimension members in EPMA. 

A. Property values are always inherited from ancestors and cannot be changed. 

B. Property values are inherited from the closest ancestor except when a property value has been specifically entered. 

C. You must manually enter and store property values for all the dimension members. 

D. Property value inheritance decreases maintenance requirements for dimensions. 

E. Inheritance takes precedence over properties defined in metadata load files. 

Answer: BD 

Q8. Identify three valid application settings 

A. MaxNumDocAttachments 

B. UseSecurityForEntities 

C. UseSecurityForValue 

D. Va1idationAccount 

E. SupportSubmissionPhaseforEntity 

Answer: ABD 

Q9. Into which Value dimension member can a journal be entered? 

A. [Parent Adjs] 

B. <Child Curr Adjs> 

C. [Entity Adjs] 

D. <Entity Currency> 

E. [USD] 


Q10. For a classic application, what are the two valid methods to extract metadata to a text file? 

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. 

Answer: AB