Free Practice Oracle 1Z0-588 Exam Questions 2025

Stay ahead with 100% Free Oracle Hyperion Data Relationship Management Essentials 1Z0-588 Dumps Practice Questions

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Total 71 Questions | Updated On: Dec 22, 2020

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Question 1

You maintain the Market hierarchy in DRM.

A target system needs an alternate hierarchy of the Market dimension that contains the lowest level of markets (city) rolling up by market size (nodes Large, Medium, and Small).

Identify the ways to meet this requirement in DRM.

1. Create a property category called 'Market Size' and populate the values as 'Large', 'Medium', and 'Small'

2. Create a property called 'Market Size' and populate the values as 'Large', 'Medium', and 'Small'

3. Create a node type called 'Market Size' and populate the values as 'Large', 'Medium', and 'Small'

4. Create an alternate hierarchy in the Market dimension with nodes 'Large', 'Medium', and 'Small'. Add cities as shared nodes under the appropriate Market Size nodes.

A : 1 only

B : 2 only

C : 3 only

D : 4 only

E : 1, 4 only

F : 2, 4 only

G : 2, 3, 4 only

Answer: D

Question 2

The Data Relationship Management API Adapter is required for the DRM API. Identify three other components that are required to use the DRM API.

A : Oracle WebLogic Server 11g

B : JDeveloper

C : EPM Workspace

D : Oracle Web Services Manager (OWSM)

E : Shared Services

Answer: A,C,D

Question 3

After the requirements and analysis phase of the DRM implementation, you documented key findings pertinent to the project.

Choose the three findings that pose risk to the implementation of DRM.

A : Lack of understanding about how the data elements 3r& used by the business

B : Proper business involvement

C : Inexperience with DRM

D : Unclear owners of data and unclear data process

E : Phase includes single dimension with many sources and targets

F : There is a well defined data governance model.

Answer: A,C

Question 4

Identify the three true statements about the timing of DRM integrations.

A : Exports may be run any time on any version.

B : Imports may be run any time on any version.

C : Property queries may be run any time on any version.

D : DRM integrations may be scheduled or run on demand.

E : Once a version has been finalized, only data Managers may run exports.

Answer: A,C,D

Question 5

Which three statements are true about the stakeholders in a DRM implementation?

A : Business users are initially brought into the project during the testing process.

B : Source and target systems administrators have minimal involvement during the DRM implementation.

C : The DRM administrator use both prebuilt and custom property definitions and property categories to create versions and hierarchies as dictated by requirements and design.

D : The DRM administrator creates validations dictated by requirements and design.

E : A data governance team defines overall standards for the DRM implementation.

Answer: A,B,C

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Total 71 Questions | Updated On: Dec 22, 2020

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