Question 1

Which three are predefined Workforce business rules? (Choose three.)

Options :

A : Transfer

B : Plan Departure

C : Promote Employee

D : Change Job

E : Remove Existing Employee

Answer: A,C,D

Question 2

Which statement describes infolets? Choose the best answer.

Options :

A : Infolets help you personalize focused data slices that you frequently use for analysis.

B : Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information

C : Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.

D : Infolets help you organize, track, and prioritize your workload.

Answer: B

Question 3

What three time period management tasks can you perform in Strategic Modeling? (Choose three.)

Options :

A : Combine periods of years, halves, quarters, months, and weeks for historical forecast data.

B : Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.

C : Enable the input option for upper level time periods when you add time detail

D : Create period-to-date, trailing periods, deal periods, and sub periods to record transactions

E : Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.

Answer: A,C

Question 4

In Strategic Modeling Simulations, which probability distribution describes many phenomena such as returns on equity or assets, inflation rates, or currency fluctuations? (Choose the best answer.)

Options :

A : Normal

B : Lognormal

C : Triangular

D : BetaPERT

E : Uniform

Answer: A

Question 5

When calculating a tiered type of tax, what should be the selected ‘Maximum Value Type’? (Choose the best answer.)

Options :

A : Threshold Amount

B : Percentage of Overall Earnings

C : Percentage of Salary

D : Percentage of Taxable Earnings

E : Flat Amount

Answer: A

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