1z0-532 Questions and Answers

A fully automated consolidation tool that combines financial data across many ledgers and consolidates to a corporate or business unit level

Automatic posting of eliminating entries, accrual entries, and allocations

Automated collection, mapping, verification, and movement of data

Automated intercompany processing

Analysis capabilities throughout close over the Web and in Excel

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

A variable may be only of the string data type.

Functions may be applied to variables.

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

A variable may be used across subroutines.

Financial Management provides predefined account types such as Asset, Revenue, Flow, Balance, and Dynamic.

Account types tell FM how the child account should aggregate to the parent.

Account types tell FM how the account balances should accumulate over time.

Base level accounts do not automatically roll up to parents; business rules are required.

Children cannot inherit the account type of their parent unless specifically defined by the administrator.

Scenario

Account

Custom1

Entity

Value

Map dimensions.

Assign default members.

Define mappings for all members

Create the synchronization.

Filter dimensions

To upload user “to do” items to FM with due dates and alert dates

To organize and group related tasks into a navigational aid for users

To create lists of members with VB script

To list tasks to be executed by the FM Server

To define the review path for consolidation review