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Q1. 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]
Answer: A
Q2. EPMA provides a Shared Dimension Library for maintaining EPM dimensions. Identify two reasons that would make you consider using EPMA to maintain dimensions over FM Classic metadata files?
A. You can use the same metadata file format from FM Classic to import dimensions In EPMA.
B. Dimensions can be shared across applications or can be local to a specific application.
C. In EPMA, you can make a change to a member in a shared dimension once and sync ft across FM and Planning applications.
D. You can assign member access security in the EPMA dimension library for a shared dimension and sync it across FM and Planning applications.
Answer: CD
Q3. 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.
Answer: B
Q4. You need to migrate an FM application in version 11 from development to production. Your environment has two instances of Shared Services, one for development and one for production. Identify the two true statements about using Life Cycle Management to perform the application migration from development to production within this environment.
A. You can select specific objects to migrate or all objects to migrate.
B. Migrating applications from development to production in disconnected environments, where there are two instances of Shared Services, is not supported.
C. Life Cycle Management will migrate both objects and data.
D. Life Cycle Management will generate an XML file that can be modified and used for importing to target applications.
E. The only role necessary to perform LCM activities is Application Administrator.
Answer: AD
Q5. How many members Lists can you load at one time?
A. 1
B. 2
C. 4
D. 10
Answer: A
Q6. A Classic FM application profile contains which three components?
A. Frequency
B. Calendar
C. Dimension Associations
D. Language(s)
E. Scenario
Answer: ABD
Q7. Custom dimensions may be used to perform A. Cash Flows
B. Roll forwards
C. Historical Overrides
D. B and C
E. A, B, and C
Answer: E
Q8. How many custom dimensions do Financial Management applications allow?
A. 2
B. 3
C. 4
D. 5
E. None. Financial Management supports only fixed dimensions.
Answer: C
Q9. What four steps are required to configure an FDM application with an FM application?
A. Dimension names between FDM and FM are set in the FDM workbench or the Web client under metadata/dimensions.
B. Define the FM application name in Integration Settings in FDM.
C. Define the FM server name in machine profiles' properties.
D. Map locations to an entity using the FDM workbench under Integration Settings.
E. Define the FDM Web server name under Integration Settings in the FDM workbench.
Answer: ABCD
Q10. Given the following syntax in a business rule: Identify the two variables.
A. Calculate ()
B. strview
C. Hs.Exp
D. DIFFERENCE
E. strPOV
Answer: BE
Q11. 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.
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
Answer: C
Q12. Identify the three true statements about I/C activity.
A. Intercompany transactions are eliminated at the first common parent.
B. Intercompany transactions can be processed for both open and closed periods.
C. Matching tolerances can be set by percent, dollar amount, or both.
D. Eliminations are processed during both Calculation and Consolidation processes.
E. I/C reports are available to display transactions by status-Matched, Mismatched, or Unmatched.
Answer: ACE
Q13. What four actions can an administrator perform from the FM Administration menu?
A. Manage documents.
B. View system messages.
C. Run Data and Task Audits.
D. Manage Task Flows.
E. Manage Security.
Answer: ABCD
Q14. 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
Answer: B
Q15. In which four ways can a user access FR reports?
A. In the Workspace in HTML mode
B. In the Workspace in PDF mode
C. Over the Web outside of the Workspace in HTML mode
D. In Smart View using the BI+ Connection
E. In PDF format from an email
Answer: ABDE
Q16. Identify two true statements about the native data load file format.
A. The default column order for the native data file is Scenario, Year, Period, View, Entity, Value, Account, ICP, Custom1, Custom2, Custom3, and Custom4.
B. You cannot change the column order for the data file.
C. The Group section defines the POV for the data file; you can define only a single member for each POV dimension.
D. The Line Items detail section contains data values.
E. The Group section is required.
Answer: AD
Q17. Identify three valid application settings
A. MaxNumDocAttachments
B. UseSecurityForEntities
C. UseSecurityForValue
D. Va1idationAccount
E. SupportSubmissionPhaseforEntity
Answer: ABD
Q18. 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
Q19. What are the two required steps for creating data synchronization?
A. Map dimensions.
B. Assign default members.
C. Define mappings for all members
D. Create the synchronization.
E. Filter dimensions
Answer: AB