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Most Recent Oracle 1Z0-588 Exam Questions & Answers


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 Nov 20, 2024.
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Question No. 1

Identify the three true statements about Workflow in DRM.

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Correct Answer: A, C, D

Question No. 2

Per the example:

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.

Identify the steps in the correct order to manage the mapping of the local chart of accounts in the consolidated chart of accounts structure using DRM hierarchies.

1. Build the consolidated chart of accounts hierarchy.

2. Build the PeopleSoft and SAP chart of accounts hierarchies.

3. Create a property category called CoA Map with two property definitions: PS CoA Mapping and SAP CoA Mapping.

4. Create an alternate Market hierarchy with limb nodes "large", "Medium", and "Small". Insert cities as leaf nodes under the appropriate Market Size nodes.

5. Use the Blend function to merge the PeopleSoft and sap chart of accounts to the correct consolidated account node In the consolidated hierarchy.

6. Drag and drop the PeopleSoft and SAP chart of accounts to the correct consolidated account in the consolidated hierarchy.

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Correct Answer: C

Question No. 3

Review the example below:

Product

All Products

Alternate Product Hierarchy

All Products

High Calorie, Sugar Filled Products

Your target Essbase database requires an alternate of the Product, rolling up product SKUs by Caffeinated and NonCaffeinated. You currently maintain this value as a property. Once a valid export is built, what are the two ways you can create the new hierarchy in an existing version?

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Correct Answer: A, C

Question No. 4

An issue exists in which "reserved" key words have been used or included in the custom alias property for a downstream system. The reserved words are "Dynamic" and "MBRNAME".

The steps for creating a real-time validation are:

1. Create a custom property to verify that the value input in the custom alias property does not contain the reserved words.

2. Test the custom property.

3. Create a custom Validation with the "Property Equals Value" class.

4. Test the validation.

5. Assign the Validation to a version.

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Correct Answer: C

Question No. 5

Which three things are required in the definition of a Generation export?

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Correct Answer: C, D, E

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