Hyperion Planning Interview Questions & Answers

Hyperion Planning Interview Questions 

Q1) In a Planning application, it is possible to select several currencies per entity member?

Ans: FALSE

Q2) When creating a multi-currency application, which dimensions are automatically created in Essbase?

Ans: 

• Currencies
• HSP_Rates

Q3) When you convert currencies in a web form, converted values are?

Ans: Read-Only

Q4) It is possible to select the application’s default currency as a triangulation currency?

Ans: False

Q5) Exchange rates are set up from?

Ans: The Planning Desktop

Q6) If you change an exchange rate, you must?

Ans: Refresh the application selecting the option “Currency Conversion Calc Script” and run the HspCRtb or HspCRtt script

Q7) If you add a new reporting currency, scenario, or version to your application, you must?

Ans: Refresh the application selecting the option “Currency Conversion Calc Script” and run the HspCRtb or HspCRtt script

Q8) How many currencies can you select per Entity member?

Ans: 1

Q9) Does the HSP_RATES Dimension include the following members?

Ans:       

• HSP_InputValue
• HSP_InputCurrency
• HSP_Rate_XXX (where XXX is a currency, i.e USD)

Q10) What exchange rate types are available for the Accounts Dimension?

Ans:   

• None
• Average
• Ending
• Historical

Q11) What are the 5 options in the Currency Calculation Script section on the Planning Desktop?

Ans: 

• Calc Script Name
• Version Type
• Currencies
• Scenarios
• Versions

Q12) What are the 2 copy calc scripts called?

Ans:

• HspCRtB
• HspCRtT

Q13) The copy calc scripts copy exchange rates from top-level dimension members to Level0 members?

Ans: True

Q14) From which dimensions can you import members using the HAL Planning Adapter?

Ans: 

• Accounts
• Entities
• Custom Dimensions
• Alias

Q15) What must be done before loading custom dimension members using HAL?

Ans: Create the user-defined custom dimension in Planning Web

Q16) What Hyperion tools can be used to load data?

Ans: 

• HAL Essbase adapter
• EAS
• Essbase Application Manager (for versions prior to 4.x)

Q17) When creating a single currency application, which dimensions are automatically created?

Ans: 

• Accounts
• Currencies
• Entities
• Scenarios
• Time Periods
• Versions
• Years

Q18) Which 2 statements are correct?

Ans: 

• Target versions let you enter data for members at any level in the hierarchy
• Bottom-Up versions only allow for data entry at Level-0

Q19) Which statement is correct?

Ans: Bottom-Up versions only can be enabled for Process Management (Workflow)

Q20) Which statement is correct about copying versions?

Ans: You can copy account annotations as well as supporting details

Q21) Which statements are correct about user-defined custom dimensions?

Ans: 

• You assign valid plan types at dimension level only and not at the member level
• You can create up to 13 user-defined custom dimensions
• The name for a user-defined custom dimension can be up to 80 characters

Q22) It is possible to change the starting year or month after an application has been created?

Ans: False

Q23) Weekly distribution options (4-4-5, 4-5-4, 5-4-4) are only available with monthly time periods, not for custom or quarterly time periods?

Ans: True

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Q24) Which 2 statements are correct about Plan Types?

Ans: 

• A plan type name can be up to 8 characters
• When adding a new account member, you must change the source plan type

Q25) If the base time period selected is 12 months, how is the default calendar set up?

Ans: Months rolling into four quarter parents, and quarters rolling into a total year parent

Q26) To which application elements can access rights for users and groups be assigned?

Ans: 

• Scenario dimension members
• Version dimension members
• Account dimension members
• Entity dimension members
• User-defined custom dimension members
• Data entry forms
• Business Rules

Q27) What is the Essbase limit for security filters?

Ans: 64 KB

Q28) What must be done after creating or updating user and/or group security?

Ans: Refresh the application including the security from the Planning Desktop

Q29) You can specify several application owners per application?

Ans: False

Q30) Interactive users can:?

Ans: 

• Enable e-mail notification for themselves
• Create and maintain web-based data entry forms
• Create and launch business rules
• Create and launch adapter processes via HAL
• Submit info and data for approval

Q31) Planners can:?

Ans: 

• Enable e-mail notification for themselves
• Input, submit, and view data
• Use any data access tools for which they are licensed (such as Reports and Analyzer)
• Submit info and data for approval
• Use reports that have been built by others
• Execute business rules
• Use the Planning spreadsheet add-in

Q32) When you add a user in the Hyperion Planning web, how many users are automatically created in Essbase?

Ans: 2: the named user and the underscore user

Q33) Planning users who wish to change their passwords can do so:?

Ans: From the External Authentication Provider

Q34) If a user is assigned to a group and the access rights on the individual user conflict with those of the group:?

Ans: User access rights will take precedence over group access

Q35) If a user belongs to several groups that have conflicting access rights to a member, then:?

Ans: 

• None takes precedence over Write and Read access
• Write takes precedence over Reading access

Q36) Rights assigned directly to a member override rights derived from a member relationship (e.g Idescendants):?

Ans: True

Q37) What step must be taken in order to assign access to user-defined custom dimension members?

Ans: The application must be refreshed

Q38) Give 5 aggregation options:?

Ans: 

• Division
• Currency
• Subtraction
• Multiplication
• Percentage
• Ignore
• Addition

Q39) Dynamic Calc should not be used for base-level members for which users enter data since data values are not saved for Dynamic Calc members

Ans: True

Q40) Which statements are true about using Dynamic Calc and Store?

Ans: 

• The data value is calculated and stored upon retrieval
• Using Dynamic Calc and Store increase retrieval and calculation times
• Dynamic Calc and Store should be used when calculating members of a dense dimension

Q41) How many aliases can be assigned per dimension member in Planning?

Ans: 10

Q42) In order to be visible in the Planning web, Alias tables should be created in:?

Ans: Planning 

Q43) Which are correct account types from the list below?

Ans: Expense, Revenue, Asset, Liability, Equity, Saved Assumption

Q44) Do target versions allow for data entry in both parent and bottom level members?

Ans: True

Q45) Attributes can be assigned to:?

Ans: Sparse dimensions only

Q46) For which dimensions are shared members available?

Ans: 

• Accounts
• User-Defined dimensions
• Entities

Q47) Which statement is true?

Ans: Security can be assigned to shared members but not to custom attributes

Q48) Supporting Details can be added to both bottom-up and target versions?

Ans: True

Q49) When you type in a value into a bottom level time period, the totals for summary time periods are updated immediately?

Ans: True

Q50) In Planning web, when you press the refresh button:?

Ans: The form is refreshed with the last saved values – Any values that have not been saved are discarded

For an in-depth understanding of Hyperion Planning  click on

Business Rules in Hyperion Planning

Hyperion Planning Architecture

Steps to create a planning application

Data Forms and Example in Hyperion Plannings

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