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1z0-588 Sample Questions Answers

Questions 4

What are three functions that can be performed by the Data Creator role?

Options:

A.

Manage all hierarchies

B.

Create hierarchies

C.

Manage all versions

D.

Create versions

E.

Manage standard queries

F.

Manage user queries

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Questions 5

After the requirements and analysis phase of the DRM implementation, you documented key findings pertinent to the project.

Choose the three findings that pose risk to the implementation of DRM.

Options:

A.

Lack of understanding about how the data elements 3r& used by the business

B.

Proper business involvement

C.

Inexperience with DRM

D.

Unclear owners of data and unclear data process

E.

Phase includes single dimension with many sources and targets

F.

There is a well defined data governance model.

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Questions 6

Identity the three true statements about property categories assuming that you do not use node types.

Options:

A.

A System property category is automatically created out of the box.

B.

If enabled in the system preferences, the Oracle EPM property categories are created, out of thebox.

C.

If enabled in the system preferences, the Oracle EBS categories are created, out of the box.

D.

Property categories are unique to a version.

E.

Property categories are unique to a hierarchy.

F.

Node access groups are assigned to property categories.

G.

A property categories assigned to a user may be read or edit.

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Questions 7

Identify the two true statement about Action Scripts.

Options:

A.

DRM reads a row, performs the action to the node, and checks for end of file. If end of file is notfound, the Action Script processes the next row.

B.

The order of rows/actions in the Action Script file for nodes does not matter, because DRM willprocess all records.

C.

Valid DRM actions include "Add", "Insert", "Update", and "Delete".

D.

The order of columns with action parameters must be in the correct order of expected parameters.

E.

Action Scripts may run for new versions only.

F.

You may define property definitions and property categories with ^n Action Script.

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Questions 8

You have defined Essbase properties for the First entity, E01. You would now like to apply those same values to the remaining entity list including siblings and descendants.

What are two ways to complete this step?

Options:

A.

Using the Match feature in DRM

B.

Using the Model After feature in DRM for each new entity

C.

Using the Model After feature in an import script

D.

Changing the properties to turn on inheritance

E.

Using the Copy/Put Properties feature for the siblings and descendants of E01

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Questions 9

Per the example:

Identify the two true Statements about the Product hierarchy and its alternate hierarchy.

Options:

A.

300-10 is called an Explicit Shared Node.

B.

300-10 is called an Implicit Shared Node.

C.

300 is not a valid shared node because only leaf nodes may be shared.

D.

You can delete the node 300-10 in the alternate product hierarchy,

E.

You can change local property values in the alternate product hierarchy.

F.

You can change any of the system generated property values on the Shared Node property category forthe alternate product hierarchy.

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Questions 10

View the Exhibit.

In your initial data file for the Geography dimension, duplicate nodes are possible (for example, two different nodes have the same name, "Paris").

Country ("France" and "USA") are part of the hierarchy. Country is not a property for the Geography dimension.

Choose the valid node names for the two "Paris" nodes that are created by DRM's duplicate handling features during the import process.

1. Paris, Paris

2. Paris, Paris1

3. 0l:Paris, 02:Paris

4. FranceParis, USAParis

5. France-Paris, USA-Paris

6. Shared-01:Paris, Shared-02:Paris

Options:

A.

1, 2, 3 only

B.

1, 2, 5 only

C.

1, 4, 5 only

D.

2, 3, 5 only

E.

2, 3, 6 only

F.

2, 4, 5 only

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Questions 11

Identify the two true statements about node access groups.

Options:

A.

Node access groups use inheritance to assign the same access to descendants of a node but this inherited security may be overwritten at lower levels.

B.

Valid node access levels are Read, Edit,LimitedEdit, Insert, Inactivate, and Add.

C.

Access levels are assigned separately for leaf and limb nodes.

D.

Node access groups can be used to filter the display of the hierarchy so that users only see the section of the hierarchy for which they have access.

E.

Node access groups may be assigned by the Application Administrator or Access Manager.

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Questions 12

Select the three options that will complete this sentence to make it a true statement:

"A customer who uses best practices in the master data management of relationships and hierarchies _____."

Options:

A.

syncs master data to reporting systems

B.

syncs master data to ERP systems

C.

utilizes multiple points of maintenance for hierarchies and data relationships

D.

utilizes a solution with detailed audit capabilities

E.

utilizes a solution that is not based on business user requirements

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Questions 13

Choose three validations that are often implemented for downstream systems.

Options:

A.

Name or description is unique.

B.

Property has been populated.

C.

Length of a property category value.

D.

Property value has the correct format.

E.

Node exists in multiple downstream systems.

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Questions 14

Identify the three true statements about the Initial Data Load process when you first implement DRM.

Options:

A.

You can set the initial load to stop if duplicates are found.

B.

Duplicate node identifier information should be consistent with the Shared Node Maintenance system preferences so that you can import duplicate nodes as shared nodes.

C.

Validations should be built before the initial data load.

D.

You must setup node types before building property definitions.

E.

Skipping blank values and using default values to minimize the size of the data loaded is recommended.

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Questions 15

Per the example:

You have three entity hierarchies within the same version. The Essbase Storage property is set to local. The Alias Description property is set to Global. Identify the true statements.

1. If the Essbase administrator changes the Essbase Storage property from "Stored" to "Dynamic" for a node in the primary hierarchy, the property will change for all hierarchies.

2. If the Essbase administrator changes the Alias Description property for a node it\ the primary hierarchy, the property will change for all hierarchies,

3. If the Ecssbase administrator changes the Alias Description property for a node in the non- primary hierarchy, the property will not change for other hierarchies.

4. If the Essbase administrator changes the Alias Description or Essbase Storage property to a node in a hierarchy, the values will not update in the other hierarchies unless the DisableSharedNodes is set to False.

5. Because the Alias Description property is set to Global, the property will update across all versions for the node.

Options:

A.

1 only

B.

2 only

C.

1, 2, 3 only

D.

1, 2, 4 only

E.

1, 2, 4, 5 only

F.

1, 2, 3, 5 only

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Questions 16

What two DRM features allow you to group hierarchies used for data mappings for easier selection and browsing?

Options:

A.

Version

B.

Property category

C.

Hierarchy group

D.

Node type

E.

Hierarchy master

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Questions 17

Which API method is used to check the status of an asynchronous operation executed via the DRM web service?

Options:

A.

getJobStatus

B.

checkJobStatus

C.

getJobInfo

D.

checkStatus

E.

getOperationstates

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Questions 18

Identify the three true statements.

Options:

A.

A version may contain multiple hierarchies.

B.

A version may contain a single hierarchy with shared nodes.

C.

A version may contain version-specific node types.

D.

A version may be assigned validations.

E.

A version may be assigned exports.

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Questions 19

Your organization has two ERPs: PeopleSoft (PS) and SAP. Each ERP has its own chart of accounts. Each chart of accounts is mapped to a consolidated chart of accounts. The Finance department maintains the consolidated account hierarchy, For both the SAP and PS account properties, users should be able to select from a drop-down list the correct accounts that should be mapped to the consolidated account. Many SAP or PS accounts could be mapped to a single consolidated account.

What property type should you set for the SAP Account Property and PS Account Property, assuming that you have built the SAP and PS chart of account hierarchies in DRM?

Options:

A.

Lookup

B.

List

C.

AscNodes

D.

AscNode

E.

RangeList

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Questions 20

A department may only have 10 cost centers. How can you address this requirement?

Options:

A.

Security

B.

Validation rule

C.

Filter

D.

Node Type

E.

Property query

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Questions 21

If you want to create an export for the Budget Office to export the Entity hierarchy. Which two steps must be completed in order to accomplish this?

Options:

A.

Make sure that you have Application Administrator access at a minimum.

B.

Create the export and assign security for the export to the Budget Office.

C.

Save the Export as a System object.

D.

Save the Export as a Standard object.

E.

Grant the Budget Office access to the Entity hierarchy.

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Exam Code: 1z0-588
Exam Name: Oracle Hyperion Data Relationship Management Essentials
Last Update: May 1, 2025
Questions: 73
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