If you're looking for Hyperion Financial Management Interview Questions & Answers for Experienced or Freshers, you are in right place. There are a lot of opportunities from many reputed companies in the world. According to research Hyperion Financial Management has a market share of about 2.5%.
So, You still have the opportunity to move ahead in your career in Hyperion Financial Management. Mindmajix offers Advanced Hyperion Financial Management Interview Questions 2021 that help you in cracking your interview & acquire a dream career as Hyperion Financial Management Developer.
Ans: Oracle Hyperion Financial Management is a web-based financial consolidation tool.
Ans: Consolidation is aggregating the Base level entities amounts with the Parent level entities amounts.
Ans: Here you need to answer as per your HFM version.
Ex: 9 versions to 18.104.22.168 version only we having 4 custom dimensions. After that versions are like (22.214.171.124 and 126.96.36.199) having 100 custom dimensions.
Ans: Those 8 Standard dimensions are like
Ans: Hyperion Financial Management is designed to operate as a multi-tier system.
Client tier: The client tier contains the user interface and the ability to communicate with the application tier. You can display data and metadata, enter data, and maintain metadata in this tier.
Web tier: The Web server tier contains the Web server. You can access the Web-enabled portions of Hyperion Financial Management in this tier. The Hyperion Financial Management Web client contains all functionality available in the Windows client with the exception of security administration.
Middle tier: The middle tier contains the domain intelligence and connections to the relational database.
Database tier: The data tier contains the relational database and all Hyperion Financial Management data and metadata.
1. Hyperion Foundation Shared Services – Web Application
2. HFM- DME Listener
3. Hyperion Web Service Manager
4. Hyperion Workspace- Agent Application
5. Hyperion Workspace- Web Application
Hyperion is dependent on services. Means services are to be started in a specified sequence only.
We having 3 environments. Those are
1. Development Environment
2. QA Environment
3. Production Environment
Ans: An application profile contains language, calendar, frequency, and period information for an Application. No, the application profile once created cannot be changed.
Ans: Year, Period, View.
Ans: We have 10 Account types in HFM.
There are 10 account types –
6. Balance recurring
9. Group label
10. Currency Rate
Ans: COA is nothing but the chart of accounts, whatever the members we will define under the account dimension will be called sometimes chart of accounts (COA)
Ans: It exists in the custom dimension
Switch sign for: It is ticked to change
1. ASSET to LIABILITY
2. LIABILITY to ASSET
3. EXPENSE to REVENUE
4. REVENUE to EXPENSE
Switch type for: It is ticked to change
1. ASSET to EXPENSE
2. EXPENSE to ASSET
3. LIABILITY to REVENUE
4. REVENUE to LIABILITY
5. BALANCE to FLOW
6. FLOW to BALANCE
Ans: In financial accounting, a balance sheet is a summary of the financial balances of a company. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year.