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Oracle Hyperion Financial Management Test

Topics Covered

  • Financial Management Applications
  • Extended Analytics in Financial Management
  • Life Cycle Management
  • EPMA Application
  • Data Audits and Data Grid

Useful for hiring

  • Hyperion Developer
  • Oracle Hyperion Consultants

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Question

The organization by period feature is used for what two purposes?

Note: There can be multiple correct answers to this questions.

Answer
    • Segregating rules by month and year

    • Controlling when entities consolidate into specific parents

    • Organizing the period dimension into multiple hierarchies

    • Managing the ownership percentage of one entity by others

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

Question

If Sample Company 1230LAP has an intercompany balance with sample company PQR, when is the balance eliminated, assuming that consolidation rules have not been enabled in Application Settings?

Answer
    • All eliminations occur within the uppermost member on each of the entity dimension hierarchies.

    • Eliminations occur in the [Elimination] value members of the children of the first common parent entity.

    • Eliminations occur in the [Elimination] value members of the children of the first common parent account.

    • If the consolidation rule in Application Settings is not enabled, the intercompany accounts do not eliminate.

Question

How many custom dimensions do Financial Management applications allow?

Answer
    • 2

    • 3

    • 4

    • 5

    • None. Financial Management supports only fixed dimensions.

Test details:

Oracle Hyperion Financial Management Test enables employers and recruiters to evaluate skills and job readiness of candidates. For this reason, the emphasis is laid upon evaluating the knowledge of applied skills gained through real work experience, rather than theoretical knowledge.

Test Details: 20 minutes 

19 Application Questions


The combination of Application and Theory questions helps to evaluate Technical as well as practical Skills of Candidates.

Test description:

Oracle Hyperion Financial Management test is useful to effectively assess the skills of candidates before an interview. Oracle Hyperion Financial Management provides financial reporting and consolidation that enables you to rapidly consolidate and further report financial results, meet global regulatory requirements, reduce the cost of compliance, and deliver confidence in the numbers. It is designed to check the financial skills. The test is created and validated by Subject Matter Experts. 

Test Topics : 

The Oracle Hyperion Financial Management Test contains questions on following topics :

  • Financial Management Applications

  • Extended Analytics in Financial Management

  • Life Cycle Management

  • EPMA Application

  • Data Audits and Data Grid

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