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Identify the two true statements with regard to Versions and Scenarios. 
A. Versions control data entry based on time periods set by the administrator. 
B. There is only one Version to one Scenario. 
C. Versions allow several "what-if" Scenarios. 
D. Users must have the same security settings in the Version dimension as they have in the Scenario dimension. 
E. Versions can be top down or bottom up. 
Answer: C,D

You are designing a monthly projection Planning application. A starting point projection file is received with the current month data. Data forms, Business Rules, and Essbase data load rules, and reports should always focus on the current projection month. What is most efficient way to design the components to reduce maintenance each month? 
A. Manually update the forms each month and use a "CurMth" substitution variable for Business Rules, Essbase data load rules, and reports. 
B. Manually update the forms each month; Use "CurMo" Global variable for Business Rules and use a "CurMth" substitution variable for Essbase data load rules, and reports. 
C. Use the Planning data form utility to update data forms and use a "CurMth" substitution variable for Business Rules, Essbase data load rules, and reports. 
D. Use a "CurMth" substitution variable for data forms, Business Rules, Essbase data load rules, and reports. 
E. Use the Planning data form utility to update data forms; Use "CurMo" Global variable for Business Rules and use a "CurMth" substitution variable for Essbase data load rules, and reports. 
Answer: E

Identify three key benefits of the Planning solution. 
A. Standardized data forms for plan data entry available both for the Web and in Excel 
B. One tool to budget and forecast as well as provide reporting for very detailed Actuals Information 
C. Central repository of business rules that can be run by end users to calculate plan data 
D. Detailed security down to the cell level 
E. Flexible solution customizable for almost any kind of budgeting and forecasting process 
Answer: A,C,E

Identify the two true statements about a sparse Entity dimension In Hyperion Planning. 
A. You cannot build alternate rollups or assign custom attributes. 
B. Base currencies are assigned to entity members. 
C. Exchange rates are assigned to entity members. 
D. Entity along with Scenario and Period make up a planning unit. 
E. Entity along with Scenario and Version make up a planning unit. 
Answer: B,E

You are designing the storage properties for your Planning application.What two design principles should you follow related to the dynamic calc storage property? 
A. Dynamically calculated members should roll up to stored members. 
B. You cannot calculate and store dynamic calculated members in calc scripts and business rules. 
C. Consider dynamic calc members on sparse parents with 100 t children. 
D. Tagging upper-level members of sparse dimensions can reduce block size. 
E. If you use a large number of dynamic calcs, you should consider increasing the Dynamic Calculator Cache. 
F. Consider Dynamic Calc and Store over Dynamic Calc. 
Answer: B,E

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