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Q21. Assuming you are using HFM Version, identify the three true statements about Calculation Manager. 

A. FMRulesMigrator.exe will migrate VB scripts into business rules in Calculation Manager. 

B. There is no utility to migrate VB script rules to Calculation Manager. 

C. In Calculation Manager, you can toggle back and forth between the graphical and script mode. 

D. In Calculation Manager, you can create one script that can execute against both a Financial Management application and Planning application. 

E. To use a business rule, you must validate and deploy the business rule. 

Answer: ACD 

Q22. 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. 


Q23. Identify the two features that are available for data forms but not data grids. 

A. View and update data 

B. View calculation and consolidation status 

C. Change point of view selections 

D. Drill in and out on row and column members 

E. Export to Excel 

F. Open in Smart View 

Answer: EF 

Q24. 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 


Q25. 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 

Q26. Your source data file has values for 12 months across the columns. What is the best way to load this file into FM with native load functionality? 

A. Split the file into 12 different files, each with a single month. Set the POV for the Period dimension = specific month. 

B. Define a range for periods in the POV with the following syntax: !Period = January.. December. 

C. Make sure the column header has the month label; FM will load the column to the correct month. 

D. List the months in the POV with the following syntax:! Period = January-December. 

E. List the months in the POV with the following syntax:! Period = January, December. 


Q27. For metadata loads, you can import changes to metadata for which three application elements? 

A. Periods 

B. Accounts 

C. Entities 

D. Currencies E. Value 

Answer: BCD 

Q28. Identify the three true statements about Dimension Associations in EPMA. 

A. Dimension associations are used when a property in one dimension is associated with the members in another dimension. 

B. The Security Class dimension is associated with the Security Class property only in an Account and Entity. 

C. The Alias dimension is associated with the Alias property for Account, Entity, and Scenario dimensions. 

D. The Currency dimension is associated with the Currency property of the Account dimension. 

E. A Plug Account from the Account dimension can be associated with the Account dimension. 

Answer: ACD 

Q29. 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 

Q30. 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.