Question 1

You are designing the storage properties for your Planning application. What two design principles should you follow related to the dynamic calc storage property?

Options :

A : Dynamically calculated members should roll up to stored members

B :

You cannot calculate and store dynamic calculated members in calc scripts and business rules.

C : Consider dynamic calc members on sparse parents with 100 t children.

D : Tagging upper-level members of sparse dimensions can reduce block size.

E :

If you use a large number of dynamic calcs, you should consider increasing the Dynamic Calculator Cache

F : Consider Dynamic Calc and Store over Dynamic Calc.

Answer: B,E

Question 2

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 3

Identify three key benefits of the Planning solution.

Options :

A : Standardized data forms for plan data entry available both for the Web and in Excel

B :

One tool to budget and forecast as well as provide reporting for very detailed Actuals Information

C : Central repository of business rules that can be run by end users to calculate plan data

D : Detailed security down to the cell level

E : Flexible solution customizable for almost any kind of budgeting and forecasting process

Answer: A,C,E

Question 4

What differentiates a user-defined custom dimension from the Entity and Account dimensions?

Options :

A : You can only add custom attributes to user-defined custom dimensions.

B :

You assign valid plan types for the user-defined custom dimension at the dimension level.

C : You assign data types for the user-defined custom dimension at the dimension level.

D : You cannot: assign security for user-defined custom dimensions.

E :

You can easily delete a user-defined custom dimension in Planning but you cannot delete an Entity dimension.

Answer: B

Question 5

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

Free 1Z0-533 Mock Exam – Practice Online Confidently

Buying Options: