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Free 1Z0-533 Practice Test | Pass Oracle Exam Today

Question 1

Identify the two true statements about shared members.

Options :

A : You can assign a custom attribute value to a shared member.

B : You can define a member formula for a shared member.

C : You can assign security rights to a shared member.

D :

There is no limit to the number of shared members that you can create for the base member.

E : Shared members may be defined for Accounts and Entity dimensions only.

Answer: C,D

Question 2

Identify the two true statements about a sparse Entity dimension In Hyperion Planning.

Options :

A : You cannot build alternate rollups or assign custom attributes.

B : Base currencies are assigned to entity members.

C : Exchange rates are assigned to entity members

D : Entity along with Scenario and Period make up a planning unit.

E : Entity along with Scenario and Version make up a planning unit.

Answer: B,E

Question 3

A planning end user opens a data form and sees a long list of entities in the drop-down list in the Page section. She would like to shorten this list and use the search functionality instead. How can she change the number of members needed on a form to initiate a page dropdown search?

Options :

A : Form Management>>Display tab

B : Form Management>> Options tab

C : Preferences>>Database Settings tab

D : Preferences>> Display Options tab

E : This change can only be made by the Planning Administrator.

Answer: D

Question 4

Management dictates a major reorganization of the company structure, meaning you need to rebuild the Entity dimension from the beginning. You need to delete members in the Entity dimension. Identify the three true statements about deleting members from a Planning application.

Options :

A : You must delete members one by one.

B :

You must delete a reference to a member from all data forms before deleting it from the dimension.

C :

In a data form definition, you selected @IDescendants(IT) for the entity dimension in the page section. The IT member will remain but 2 of its 10 cost centers are being removed. You must remove the reference to "IT" in this data form.

D :

You should back up all data for the deleted entity members; after a member is deleted, the data is not retained. E. A database refresh is required after deleting members from the Entity dimension.

E : A database refresh is required after deleting members from the Entity dimension

Answer: B,D

Question 5

You have the following design requirement: You need to track customer status For a sales

planning application. Valid options for customer status include: Active, Inactive, Out of

Business. Customer status can change on a month-by-month basis.

What is the best way to build Customer Status into the Planning application?

Options :

A : Attribute dimension

B : Varying attribute dimension

C : Smart List

D : Free Form Text

E : Alternate hierarchy

Answer: C

Free Oracle 1Z0-533 Practice Test Questions

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