Oracle 1Z0-532 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z0-532
Exam Name/Title: Oracle Hyperion Financial Management 11 Essentials
Certification Provider: Oracle
Corresponding Certification: Hyperion

Exam Questions: 77
Updated On: Jun 04, 2026

Question #1

Identify three true statements about variables in VBScripts rules. (Choose three.)

A. A variable is a temporary storage object for a value to be used in the rule.

B. Functions may be applied to variables.

C. A variable must be defined before it can be used in the script.

D. A variable may be only of the string data type.

E. A variable may be used across subroutines.

Discussion 0

Correct Answer: B,C,E Vote an answer

Question #2

You need to copy an FM Classic application including data from the production environment to the test environment to test new business rules.
How can you do this?

A. Use the FMCopyApplication.exe utility.

B. Copy the application using the Admin Task list, select Extract Application and then import into a new application.

C. Use the EPMA File Generator Utility to extract and import metadata.

D. Use Life Cycle Management to migrate the artifacts and data.

E. Select the Copy User Provisioning in Shared Services.

Discussion 0

Correct Answer: A Vote an answer

Question #3

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

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

B. Security classes are created in Classic FM under Load Tasks.

C. Security classes are grouping mechanisms for assigning security access to sets of related members, documents, or other objects.

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

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

Discussion 0

Correct Answer: A,C,E Vote an answer

Question #4

What feature in Financial Reporting allows you to "drill into" a dimension?

A. Drill Options

B. You cannot drill into dimensions in FR.

C. Zoom Options

D. Expansions

E. Enable for Smart Slice

Discussion 0

Correct Answer: D Vote an answer

Question #5

The organization by period feature is used for what two purposes? (Choose two.)

A. Maintaining stored data values for changes in the Entity structure over time

B. Controlling when entities consolidate into specific parents

C. Managing the ownership percentage of one entity by others

D. Organizing the period dimension into multiple hierarchies

E. Segregating rules by month and year

Discussion 0

Correct Answer: A,B Vote an answer

Question #6

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? (Choose two.)

A. You can use the same metadata file format from FM Classic to import dimensions In EPMA.

B. In EPMA, you can make a change to a member in a shared dimension once and sync ft across FM and Planning applications.

C. Dimensions can be shared across applications or can be local to a specific application.

D. You can assign member access security in the EPMA dimension library for a shared dimension and sync it across FM and Planning applications.

Discussion 0

Correct Answer: B,D Vote an answer

Question #7

Assuming you are using HFM Version 11.1.1.3, identify the three true statements about Calculation Manager.
(Choose three.)

A. In Calculation Manager, you can create one script that can execute against both a Financial Management application and Planning application.

B. To use a business rule, you must validate and deploy the business rule.

C. In Calculation Manager, you can toggle back and forth between the graphical and script mode.

D. FMRulesMigrator.exe will migrate VB scripts into business rules in Calculation Manager.

E. There is no utility to migrate VB script rules to Calculation Manager.

Discussion 0

Correct Answer: A,C,D Vote an answer

Question #8

What are two effects of deploying an EPMA application? (Choose two.)

A. If enabled, it pushes the data to Essbase via Essbase Analytic Link for FM.

B. The application is sent out to a star schema for use by Essbase and other products.

C. The EPMA application metadata is used to create an FM application on the FM server.

D. The EPMA metadata is extracted to a text file.

E. When you redeploy an application, the application metadata is merged or replaced based on the changes made since the last deployment.

Discussion 0

Correct Answer: C,E Vote an answer

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