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Exam2pass > Oracle > Oracle Certifications > 1Z0-533 > 1Z0-533 Online Practice Questions and Answers

1Z0-533 Online Practice Questions and Answers

Questions 4

Identify three key benefits of the Planning solution.

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

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Correct Answer: ACE

A: Hyperion Planning leverages Multidimensional functionalities and capabilities of Essbase to the fullest to provide varied planning options along with inherent Data Forms, MS Excel, Web based grid interface for the data entry and reporting

needs. ata Forms in Hyperion planning provides a standard centralized grid-based interface for data entry and data-checks.

Customizing or fixing a Data Form issues take lesser time and effort compared to the Excel based spreadsheets.

C: Use of a central repository makes administration and maintenance of business rules easy, because the repository stores information for several applications in one database.

A user or group who has the role of basic user can do these tasks:

*

Launch business rules and sequences to which the user has access

*

View business rules and sequences to which the users has access

*

View all variables and macros

*

Edit business rules, sequences, macros, variables, and projects for which the user was granted editing privileges

E: Oracle Hyperion Planning provides an in-depth look at business operations and its related impact on financials, by tightly integrating financial and operational planning models. With Oracle Hyperion Planning you can meet your immediate financial planning needs while enabling a platform for future cross-functional expansion and automated process integration.

Reference: Hyperion Business Rules, Administrative Guide

Questions 5

Identify the two true statements assuming you are working with a single application with multiple plan types.

A. A user-defined custom dimension may exist in one plan type but not the other plan types.

B. A user-defined custom dimension may have members in one plan type but not the remaining plan types.

C. All members in the entity dimension must exist in all plan types.

D. All members in the accounts dimension must exist in all plan types.

E. All periods must exist in all plan types.

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Correct Answer: AE

A: Properties for User-Defined Custom Dimensions include property Valid for Plan Types which is used to select plan types for which the dimension is valid. Clearing this option makes all members of the dimension invalidfor the deselected plan type.

User-defined custom dimensions differ from the Entity and Account dimensions in that you assign valid plan types at the dimension level, not at the member level. All members of a user-defined custom dimension are valid for plan types assigned at the dimension level.

Note: Specify one to three plan types for the application. A separate Essbase database is created for each plan type. You cannot change the name or number of plan types after creating an application.

As you create accounts, entities, and other elements of the application, you associate them with plan types, so the database for each plan type contains only information relevant to the plan type. This optimizes application design, size, and performance.

Questions 6

You need to build the Entity into your Classic Planning application. You can dynamically build the Entity dimension in the Planning application via: (Select all that apply)

A. Essbase load rules

B. Oracle Data Integrator (ODI)

C. Data Integration Management (DIM)

D. Data Relationship Management (DRM)

E. Outline Load Utility

F. EPMA

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Correct Answer: ABCEF

A: Essbase data load rules: A set of criteria that determines how to load data from a text-based file, a spreadsheet, or a relational data set into a database.

You can use either the Data Load Rules and the Essbase Administration Services for Essbase 7/Analytic Administration Services for Analytic Services 9.2 or Hyperion Application Link with the Hyperion Essbase Adapter to load data into a

Planning application.

B: Oracle Data Integrator (ODI) is a comprehensive data integration platform that handles any data integration requirements--high-volume, high-performance batches, event-driven, trickle-feed integration processes, and SOA-enabled data

services.

C: One of the methods of loading Essbase cubes is by using the Hyperion Data Integration Management and its corresponding Essbase Adapter.

Data Integration Management is integrated with Informatica PowerCenter. It provides a way of uniting disparate sources of data across an enterprise. For example, it can integrate data stored in multiple warehouses and data marts, relational

database management systems (RDBMS), and on-line analytical processing (OLAP) stores.

E: The Outline Load Utility that comes with Oracle EPM 11 is a utility for loading the metadata as well as data into your Planning applications. Using the utility we can load metadata for the default dimensions like Account, Period, Year, Scenario, Version, Currency, Entity as well as user-defined dimensions, attributes and UDAs.

F: Enterprise Performance Management Architect or EPMA provides a uniform platform for metadata management across most of the Hyperion components. It enables administrators to manage, create, and deploy Hyperion applications within one interface. With EPMA you can configure dimensions, such as the Entity, and define properties from predefined, sample libraries.

Questions 7

Name the valid ways to create blocks in an underlying Essbase database. Select all that apply

A. Copy data

B. Load data

C. Create block on Equation D. Aggregate data

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Correct Answer: ABC

Ways to create data blocks:

1.

Data Load, (B)

2.

DataCopy Command, (A)

3.

Sparse Dimension Consolidation,

4.

Member Formulas:

4a. Assiging a constant value to a sparse member,

4b. Turning Create Block on Equation setting on and assiging a non constant value (C)

4c. Create non missing blocks

B: The moment we load data to essbase, It creates block for those combinations automatically.

C: Controls, within a calculation script, whether or not new blocks are created when a calculation formula assigns anything other than a constant to a member of a sparse dimension. SET

CREATEBLOCKONEQ overrides the Create Block on Equation setting for the database.

If calculations result in a value for a sparse dimension member for which no block exists, Analytic Services creates a new block. Sometimes, the new blocks are not desired; for example, when they contain no other values. In large databases,

creation and processing of unneeded blocks can increase processing time as well as the storage requirement for a database.

For the situation when new blocks would be created as a result of assigning something other than a constant to a member of a sparse dimension, Analytic Services provides the Create Blocks on Equation setting. For example, when the

Create Blocks on Equation setting is ON and West is assigned a value where it did not have a value before, new blocks are created. When this setting is OFF, new blocks are not created.

Incorrect answer:

Copy Data--Use to copy data from one part of your database to another. You select the source data to copy and specify the target or destination value.

D: Aggregate data. There is no such specific command or utility. It is just a general concept in the Hyperion context.

Questions 8

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?

A. Attribute dimension

B. Varying attribute dimension

C. Smart List

D. Free Form Text

E. Alternate hierarchy

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Correct Answer: C

Administrators use Smart Lists to create custom drop-down lists that users access from data form cells. When clicking into cells whose members are associated with a Smart List (as a

member property), users select items from drop-down lists instead of entering data. Users cannot type in cells that contain Smart Lists. Smart Lists display in cells as down arrows that expand when users click into the cells.

Perform these tasks to create and administer Smart Lists:

*

Define Smart Lists

*

Associate Smart Lists with members.

*

Select dimensions for which Smart Lists are displayed.

Questions 9

Identify the true statements regarding Supporting Detail. Select all that apply.

A. Importing Supporting Detail from Excel is supported.

B. Supporting Detail must be entered cell by cell; entry for multiple columns at once is not possible

C. Supporting Detail can contain a hierarchy with an aggregation of values for that hierarchy.

D. Supporting Detail can be viewed using the Smart View Add-in Essbase Provider.

E. Supporting Detail is stored in Essbase.

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Correct Answer: ACDE

A: To add supporting detail that calculates values in a data form:

1 Open a data form in Excel,

2 In the data form, select the data cells for which you want to add detail.

3 Select Hyperion > Supporting Detail. For Office 2007, click Supporting Detail in the Task section of the Hyperion ribbon.

4 Etc.

7. Enter data for the items for which you want to set or calculate values.

When you enter numbers into the Supporting Detail window, use the scaling that was set up for the data values in the data form.

8 Click OK.

Values are dynamically calculated and aggregated before the data is saved.

C: Supporting detail can include text, values, and operators that define how data aggregates.

Supporting detail also provides a way to drill down into data to better understand its basis. For example, if the bottom-level member in your outline is pens, you can add line items in supporting detail for ballpoint, fountain, marker, and so on. Then you can aggregate the detail values to the pen member in the outline.

D:Oracle Hyperion Smart View for Office (Excel, PowerPoint, Word, and Outlook), are some of the various Oracle tools that enable users to interact with an Oracle Essbase application.

Oracle Hyperion Smart View for Office (Smart View) is a component of Hyperion Foundation Services. Smart View provides a common Microsoft Office interface designed specifically for Oracle's Enterprise Performance Management (EPM) and Business Intelligence (BI). Using Smart View, you can view, import, manipulate, distribute and share data in Microsoft Excel, Word and PowerPoint interfaces. It is a comprehensive tool for accessing and integrating EPM and BI content from Microsoft Office products.

E: In Planning applications, when you delete supporting detail for a cell, you affect the associated value in the relational database. You specify how to handle the stored Essbase value.

Note (on A and E): To synchronize supporting detail with Essbase:

1 Open a data form in Excel

2 In the data form, click the cell that has the supporting detail you want to remove.

3 Select Hyperion > Supporting Detail. For Office 2007, click Supporting Detail in the Task section of the Hyperion ribbon.

4 In the Supporting Detail window, delete the information, then click OK.

5 Select an option from the displayed message to specify how to handle the aggregate value of the deleted

supporting detail stored in Essbase:

To delete the value from Essbase, click Yes, set the value(s) to #Missing.

To leave the data value in Essbase as is, click No, leave the value(s) as is.

Questions 10

As a Planning end user, you need to add additional commentary to your plan, documenting assumptions and other notes.

What are the six available options to add this information?

A. Supporting detail

B. Planning unit annotations

C. Cell text

D. Free form text (if defined by your Planning administrator)

E. Smart Lists (if defined by your Planning administrator)

F. Attach a document to a data form from Workspace (if enabled by your Planning administrator)

G. Financial Reporting Annotations in a Financial Reporting document (against the Planning application)

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Correct Answer: ABCDFG

Incorrect answer:

With a smart list you can only select from pre-defined options in a list-

Questions 11

A Business Rule is launched from a data form.

What will Planning utilize to provide a valid list of members for a run-time prompt?

A. Members defined on the data form

B. Planning Metadata security

C. Business Rules security access privileges

D. Essbase security filters

E. Business Rules Basic User Role

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Correct Answer: A

When launched, a business rule can prompt you to enter variable information, called a runtime business rule designer sets up runtime prompts.

If a business rule has a runtime prompt and Use Members on Forms is selected, the default member on the runtime prompt window matches the current member in the page or POV axes of the open data form. Reference: Oracle Hyperion Planning, Fusion Edition, Release 11.1.1.3, Entering Runtime Prompts

Questions 12

You've created an EAS business rule and assigned it to the data form but an end user can't see it. What are two valid reasons?

A. The user doesn't have the Launch Business Rules role in Shared Services.

B. The user hasn't been assigned Validate or Launch Privileges in EAS.

C. The location for the Business Rule hasn't been defined.

D. The user hasn't been assigned access to the Business Rule in the Planning Web client.

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Correct Answer: AB

A: If the user does not have the launch the Business Rules role, it could prevent the user from seeing the rule.

B: The Validate or launch Privilege enables a users or users you specify to validate and launch the business rule sequence Incorrect answer:

C: The business rule has already been assigned to the Data Form.

Questions 13

A Planning Unit has a status of First Pass; what two user types can input data?

A. Anyone with write access to the planning unit

B. Anyone with write access to the planning application

C. Anyone with read or write access to the planning unit

D. The owner of the planning unit

E. The administrator

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Correct Answer: AE

A: In all Planning Units states except the Not Started state, users with read access can view data, view the process state, view the history, and read and enter annotations.

E: The Administrator have full access.

Reference: Reference: Oracle Hyperion Planning, Fusion Edition, Release 11.1.1.3, Overview of the Review Process

Exam Code: 1Z0-533
Exam Name: Oracle Hyperion Planning 11 Essentials
Last Update: Jun 11, 2025
Questions: 69

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