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  • Exam Code: PR2F
  • Exam Name: PRINCE2 7 Foundation written Exam
  • Version: V15.35     Q & A: 208 Questions and Answers

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NEW QUESTION: 1
Which three types of objects can be created in Allocation Manager?
A. Rules that contain components, such as points of view, formulas, and templates
B. Complex computations based on different variables to automatically calculate allocated amounts.
C. Journal formulas grouped together and executed sequentially to update account balances step by step
D. components that contain formulas, points of view, or allocation Objects
E. Rule Sets that contain sets of rules that can be calculated sequentially
Answer: A
Explanation:
The Allocation Manager feature is used to create allocation and other formulaic journal templates for generating periodic journal entries automatically. Allocations are defined and generated on top of the pre-aggregated balances in the balances cubes and provide the following benefits:
*Immediate real-time access to financial balances for allocations
*Accelerated performance with highly scalable allocations
Allocation components include run-time prompt variables, rules, formulas, and rule sets. These components are stored in Oracle Essbase. The Allocation Manager feature:
*Distributes revenues or costs with recursive allocation rules
*Creates complex formula rules using formula component(C)
*Contains an allocation wizard to define allocation and formula rules
*Uses real-time check of rule definitions to validate correctness of rules
*Minimizes setup and maintenance with reusable components
*Simplifies the allocation-generation process by integrating with enterprise scheduler
*Groups rules together in rule sets to cascade allocations for processing efficiencies (D)
*Creates primary, statistical, or foreign currency allocation and formula rules

NEW QUESTION: 2
A DDM application probe performs which of the following?
A. Checks server replication
B. Checks web settings
C. Probes database operations
D. Probes agent schedules
Answer: D

NEW QUESTION: 3
Who should be responsible for implementing and maintaining security controls?
A. End user
B. Data custodian
C. Data owner
D. Internal auditor
Answer: C

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