Question 1

Identify the four processes through which Financial Management supports a virtual close. (Choosefour.)

Options :

A : A fully automated consolidation tool that combines financial data across many ledgers andconsolidates to a corporate or business unit level

B : Automatic posting of eliminating entries, accrual entries, and allocations

C : Automated collection, mapping, verification, and movement of data

D : Automated intercompany processing

E : Analysis capabilities throughout close over the Web and in Excel

Answer: A,C,D

Question 2

Which clearing data using the Database Management module, dimension is not included forselection?

Options :

A : Scenario

B : Account

C : Custom1

D : Entity

E : Value

Answer: C

Question 3

Identify the dimensions that are built by using the application profile?

Options :

A : Year and period only

B : Value and view only

C : View, Period, and Year

D : Period, Value, and Year

E : Scenario, Period, and Year

Answer: C

Question 4

Identify the four processes through which Financial Management supports a virtual close. (Choose

four.)

Options :

A :

A fully automated consolidation tool that combines financial data across many ledgers and

consolidates to a corporate or business unit level

B : Automatic posting of eliminating entries, accrual entries, and allocations

C : Automated collection, mapping, verification, and movement of data

D : Automated intercompany processing

E : Analysis capabilities throughout close over the Web and in Excel

Answer: A,C,D

Question 5

Identify the three true statements about security classes. (Choose three.)

Options :

A :

Security classes are grouping mechanisms for assigning security access to sets of related

members, documents, or other objects.

B : Access levels for security classes include metadata, read, promote, and none.

C : Security classes are assigned to FDM locations in addition to FM objects.

D :

Security classes cannot be created in EPMA by creating a Security Class dimension and associating

it.

E : Security classes are created in Classic FM under Load Tasks.

Answer: A,B,C

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