Prueba: 97920 - Oracle Hyperion Financial Management

11.1.2 Solution Engineer Specialist Assessment 1

1. Lifecycle Management moves artifacts in what way?

Lifecycle Management moves artifacts from one application to another.
Lifecycle Management moves artifacts from Hyperion Enterprise into HFM.
Lifecycle Management does not move artifacts; it just verifies that artifacts are valid.
Lifecycle Management moves artifacts from HFM into various document management suites.
Incorrect. Lifecycle Management moves artifacts from one application to another.

2. The focus of your sales messaging for Oracle EPM solutions is around driving Operational Excellence.
True
False
Incorrect.The focus of your sales messaging for Oracle EPM solutions is not around
driving Operational Excellence.

3. According to a study released in 2008, a discussion around the business requirement of continuous process
improvement is a good place to begin to begin a conversation with a CFO.
True
False
Incorrect. While a large majority of CFOs consider this business requirement important a
minority of CFOs believe their company is effectively satisfying this requirement.

4. Which desktop product can interface with HFM?

None - HFM only has browser interface
OpenOffice
MS Office (*) Correcta
Adobe Acrobat
(1/1) Puntos
5. Which of the following statements best reflects the usage of custom dimensions?
Different hierarchies within a custom dimension can be assigned to different accounts.

6. What is a key capability of the Oracle EPM System?

Slice and dice data
Easy to use
Change graphical view on reports
Drill through to the transactional system
Incorrect.Drill through to the transactional system is a key capability of the Oracle EPM
System.
7. Which of the following statements are TRUE?
(Elija todas las respuestas correctas)

8. The replace by security type of data loading works in this fashion.

All data in the accounts the user can modify for the combination of entity, scenario, year, and period
is deleted and the new data comes in.

9. The three primary business value messages about Oracle Performance Management Applications that you
would share with your customer are:
(Elija todas las respuestas correctas) Son 3

10. The following High Yield questions are most appropriately directed at which level of customer
management: Are you fully leveraging the investment and data generated by your ERP systems?, How much
time and effort do you spend moving data and trying to link the current point solutions you use to support the
business performance management process?, Do you have a consistent set of business definitions and metrics in
use across your company?

Office of the CIO/IT Executives

11. Which EPM Workspace component supports ad-hoc reporting, data Entry, Word and PowerPoint
integration and pulling data from OBIEE?

Smart View

12. Which of the following types of EPM Business cases would you most likely position to a customer's
director of IT Operations?
Efficiency

13. The [Base] member list shows what information?

The lowest level members under the specified parent; if no parent specified, then all lowest level members.

14. Tasklists are used for what purpose?

Organize tasks into a navigational aid.

15. Which attribute will allow periodic vs. YTD input and reporting with a custom dimension member assigned
to an account with the Asset type?

SwitchTypeforFlow on the custom dimension member.

16. The application profile is used to build which dimensions?

View, Period, and Year

17. Which of the following is not a requirement for an entity to be promoted in process control?

Journals must be posted.

18. Modeling and testing various new market entry options (such as organic growth, partnership,
or acquisition) is conducted in which part of the management excellence process framework?

Business Model

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

ImpactStatus

20. Which of the following statements is TRUE?

Most customers management processes are understood fairly well, but not consistently integrated
throughout their organization.

21. Select Case is used in rules for what purpose?

Determing which action to take given a specified condition.

22. When using EPMA, how can metadata be extracted to a text file?

The use of a separate utility is required.

23. With process control enabled, provisioning a user for Review Level 4 and no other review
levels will have what effect? Assume user has modify access to the entity, account, and scenario.

The user will not have access to the data while below Review 4 and cannot modify the data above
Review 4.

24. Functionality provided by Oracle's EPM system that is NOT provided by major
competitors include which of the following?
(Elija todas las respuestas correctas)

Common Workspace
Certified ERP Drill-back

25. A custom function in rules is useful for which purpose?

Writing code that will be repeated in multiple places.

26. Which of the following terms refers to a business case that focuses on enabling new things?

Transformational

27. Which of the following represent results of many customers' siloed management
processes?
(Elija todas las respuestas correctas)

Challenges in alignment of corporate goals with plans and execution

Inability to improve accuracy in forecasts and plans
Challenges in basing decisions on correct information.

28. Which of the following internal and external reporting initiatives are newly supported
under the latest release of Oracle Hyperion Financial Management 11.1.2.2?
Configurable dimensionality
ADF Based UI - Web 2.0 Style
New web form/grid authoring

30. Which of the following are part of Oracle's Hyperion Performance Management
Applications Suite?

Strategy Management
Planning & Forecasting
Financial Close &Reporting

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

Entity

32. What is one of the fastest growing products within the EPM portfolio that focuses on
managing key financial management data?

Oracle Hyperion Data Relationship Management

33. When scheduling a book to run on the first day of each month, what is the first step
required?

Create a batch to run the book.

34. When creating data entry forms, what is the impact of placing a member list in the
Selectable POV field for a dimension?

Only the members on the list can be selected in the point of view for the dimension.

35. Which of the following statements is TRUE?

An organization can best achieve significant competitive advantage by focusing on management

excellence, which can be described as being smart, agile and aligned.
36. Which of the following is not a method of loading data to HFM?

Hyperion Ledgerlink

37. Which of the following are benefits associated with an EPM implementation achieved by the
Asia Pacific division of a major brewer?

Reduction in P&L reporting from two weeks to two days

Ability to produce a rolling forecast as opposed to a quarterly forecast
Instant management access to reports.

38. The following High Yield questions should be directed at which level of customer
management: How do you know how you are performing compared to plan?, How do you spot
variances in a timely manner and what actions to consider to meet goals?, How well are you able
to forecast results and meet marketing expectations?, How do you evaluate financial
implications of operating plans?

Office of the CFO/Finance Executives

39. Which is the best statement regarding data entry forms?

Instructions for data entry forms can incorporate basic HTML coding.

40. Which of the following types of EPM Business cases focuses on helping customers do the
right things?

Effectiveness
41. If a user cannot load data to an entity, which of the following is most likely the problem?
The data has been promoted above the review level of the user.

42. Reporting on user provisioning is done where?

Shared Services

43. The organization by period feature is used for what purpose?

Controlling when entities aggregate into specific parents.

44. Which of the following are the three key messages for the latest Oracle Hyperion EPM
Release 11.1.2.2?
Plan at the speed of business and improve analytic insight
Report faster with improved visibility and reduced risk
Deliver EPM value faster and reduce cost of ownership

45. Oracle's complete financial management solution consists of which of the following Oracle
solutions?
Oracle's EPM System
Oracle Financials
Governance, Rick and Compliance
46. Which of the following Oracle EPM tasks help customers bridge to Fusion Applications under
the latest EPM release that supports Oracle Fusion?
Streamline key financial management processes
Build up EPM skill set for leverage in Fusion
Get your financial master data in order

47. In Task Automation, a link is used for what purpose?

A link is used to pass control from one stage to another.

48. Oracle's Process Framework for Achieving Management Excellence begins with an
examination of a customer's:

Stakeholder Environment

49. Which of the following statements about implementation of an EPM solution reflects Oracles
thought leadership in this space?

EPM solution implementation better allows customers to be smart, agile and aligned.

50. Shared dimensions in EPMA perform what function?

Shared dimensions can be used across multiple applications.
7. Deploying an EPMA application has what effect?

The application is updated with the EPMA dimensions and members.

8. Which of the following statements is TRUE?

Most customers management processes are understood fairly well, but not consistently integrated throughout their organization.

19. Which EPM Workspace component supports ad-hoc reporting, data Entry, Word and PowerPoint integration and pulling data
from OBIEE?

Smart View

27. Hyperion Financial Management is a component of which Oracle product offering?

Oracle Enterprise Performance Management

32. Which is the best statement regarding security classes?

A security class should be created and assigned to elements that only the administrator should modify.

33. If a user cannot load data to an entity, which of the following is most likely the problem?

The data has been promoted above the review level of the user.

43. Which of the following are key business drivers for EPM: focusing on management excellence?

Make smart decisions with deep insight

Gain agility to adapt and drive decisive actions
Ensure alignment in the extended enterprise

46. The following High Yield questions are most appropriately directed at which level of customer management: How do you balance
the conflicting demands of different external stakeholders?, How well is your company able to adapt to changing business
conditions?, How do you identify and allocate resources to new business opportunities?, How do you ensure individual and
workgroup goals and activities are aligned to corporate objectives?
CXO - Senior Executives

50. For which of the following types of business cases would you most likely need the highest level of executive sponsorship?