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1. Which client requirement aligns with using a custom BSO plan type along with or in place of the Workforce module?
A) Because of sparse dimensionality, aggregation times are slow in the Workforce module.
B) The Operations department requires a more granular level of detail than the Sales department in the Entity dimension.
C) The client requires more than three custom dimensions.
D) The client has 10 dimensions in the application and needs to report at each intersection.
E) The client would like to plan salary by Position.
2. With Machine Learning, which type of prediction would you define to predict using the same dimension, measure, and slice of data?
A) Univariate Prediction
B) Source Prediction
C) Forecast Prediction
D) Dimension Prediction
3. You want to use Strategic Modeling to quickly model and evaluate financial scenarios.
Which two time period management tasks can you perform in Strategic Modeling?
A) Enable the input option for upper-level time periods when you add time details.
B) Configure time periods to reflect the details required by financial model, such as different levels of granularity for different years.
C) Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
D) Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
4. You want to select a probability distribution for your Strategic Modeling simul-ation. The minimum and maximum are fixed, and you know the most likely values.
Which probability distribution is useful with limited data in situations such as sales estimates, inventory numbers, and marketing costs in Strategic Modeling simul-ations?
A) Normal
B) Beta PERT
C) Lognormal
D) Triangular
E) Uniform
5. Which two statements are true about approval units?
A) Approval units can also include secondary dimensions within any entity.
B) You can set the option in Application Settings to include detailed annotations for approval units.
C) You can have up to three scenario/version combinations per approval unit.
D) Approval units are combinations of scenario, version, and entity or part of an entity.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B,D | Question # 4 Answer: D | Question # 5 Answer: A,D |
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