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1. The planner needs to display the profit margin ratio on the Income Statement, calculated as Operating Income divided by Revenue and presented as a percentage. What type of account should the planner create and configure?
A) Calculated
B) General Ledger
C) Custom
D) Metric
2. You are creating a report in OfficeConnect with dates as the column headers. You want the dates to automatically reflect changes from the Adaptive Planning model. What tool do you use?
A) Absolute time elements
B) Parameters
C) Labels
D) Display options
3. The finance team wants to create a sub-account for the Inventory General Ledger account. What will happen to the existing balance in the Inventory General Ledger account once the sub-account is created?
A) The formulas and data are deleted for all versions and all levels.
B) The formulas and data are duplicated.
C) Data and any formulas move to the new child account.
D) Data and any formulas stay in the Inventory account.
4. You are building a Headcount cube sheet for a manufacturing company. Plant managers input headcounts across dozens of levels and multiple job profile dimension values for each month. Job profile salaries are standardized and global for an entire year. What design for assumptions would have minimal inputs and segregated security?
A) Using Assumption accounts, with an Assumption account per job profile.
B) Using a Personnel sheet, with the calculated average salary by job profile.
C) Separate cube sheet with job profile, input salaries at Top Level and Year stratum.
D) Existing Headcount cube sheet, input salaries along with headcount.
5. The accounting team needs to incorporate a new General Ledger account for Prepaid Advertising into the Adaptive Planning model. Under which primary account category can you create the new Prepaid Advertising account?
A) Root account
B) System account
C) Contra account
D) Assumption account
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A |
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