Most Recent Oracle 1Z0-588 Exam Dumps

Prepare for the Oracle Hyperion Data Relationship Management Essentials exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the Oracle 1Z0-588 exam and achieve success.

The questions for 1Z0-588 were last updated on Mar 29, 2025.

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Question No. 1

Identify the three true statements.

AA version may contain multiple hierarchies.

BA version may contain a single hierarchy with shared nodes.

CA version may contain version-specific node types.

DA version may be assigned validations.

EA version may be assigned exports.

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Correct Answer: A, B, C

Question No. 2

Your operations group is in the middle of a large re-organization of the Entity dimension. You create versions at the end of each closed month on the fifth work day. Business users have access to update the Entity hierarchy within the working version to add new cost centers and move cost centers beginning on the seventh business day. Your CFO is reguesting the complete chart of accounts hierarchy as of the 15th day of the month.

How can you deliver the CFO's request assuming the "AllowAsOf system preference has been set to True?

AUse the Copy feature for versions and enter the 'As Of' date.

BUse the 'As Of' feature and enter the 'As Of' date.

CUse the Copy feature and then use the transaction history to back out changes made since the desired date.

DRebuild the hierarchy from a backup.

EUse the Copy feature for the hierarchy and enter the 'As Of' date.

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Correct Answer: C

Question No. 3

Identify the three true statements about using the "Asc" property types.

AThey are used to sort hierarchies in ascending order.

BThey are used to help maintain one-to-one or one-to-many mappings.

CAssociated nodes do not need to exist prior to import of the hierarchy.

DThey can reference nodes in different hierarchies.

EThey should be used with local node---level properties.

FThey pull in the node hierarchy and the node name.

GThey support bidirectional references.

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Correct Answer: A, C, F

Question No. 4

Choose three validations that are often implemented for downstream systems.

AName or description is unique.

BProperty has been populated.

CLength of a property category value.

DProperty value has the correct format.

ENode exists in multiple downstream systems.

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Correct Answer: C, D, E

Question No. 5

Which two objects can be used to organize related hierarchies?

AHierarchy group

BNode type

CVersion

DGlyph

EProperty category

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Correct Answer: C, D

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