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Answers To Hyperion Interview Questions

The document provides information about Hyperion interview questions and answers. It discusses Hyperion characteristics including MS Office integration and product modules. It defines Hyperion as a database that allows quick data access and was acquired by Oracle. Business intelligence aims to support decision making using internal structured data. Hyperion Planning is a budgeting and forecasting application that uses Essbase as an engine. Oracle Hyperion Financial Management is a web-based application for financial consolidation, reporting and analysis. The document also discusses log files, attributes, TB first and last concepts, impact of attributes on report performance, and how data is stored in Essbase.

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340 views

Answers To Hyperion Interview Questions

The document provides information about Hyperion interview questions and answers. It discusses Hyperion characteristics including MS Office integration and product modules. It defines Hyperion as a database that allows quick data access and was acquired by Oracle. Business intelligence aims to support decision making using internal structured data. Hyperion Planning is a budgeting and forecasting application that uses Essbase as an engine. Oracle Hyperion Financial Management is a web-based application for financial consolidation, reporting and analysis. The document also discusses log files, attributes, TB first and last concepts, impact of attributes on report performance, and how data is stored in Essbase.

Uploaded by

tsultim bhutia
Copyright
© © All Rights Reserved
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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Top Answers to Hyperion Interview Questions

1. Hyperion Characteristics
Criteria Result
MS Office integration SmartView integrated Oracle EPM & BI with MS Office
improves productivity and functionality
Wide array of products Oracle EPM releases multiple application modules for
business, finance, accounting, etc.
2. What is Hyperion?
Hyperion is a database that allows you to access the data very quickly. The company
was bought by Oracle in 2007 and Oracle has continued to improve the product.The
Fancy name of Hyperion is Business Intelligence and it aims to support better
business decision-making.

Thus a BI system can be called a decision support system (DSS). Though the term
business intelligence is sometimes used as a synonym for competitive intelligence,
because they both support decision making, BI Uses technologies, processes, and
application to analyze mostly internal, structured data and business processes
while competitive intelligence gathers, analyzes and disseminates information with
a topical focus on company competitors.

3. What is Hyperion Planning?


Hyperion Planning is a budgeting and forecasting application from Oracle formerly
owned by Hyperion Solutions Corporation. Hyperion Planning uses Essbase (s
multidimensional database product sold by Hyperion) as a database and calculation
engine, a relational repository for business logic, and includes a web-based user
interface.

The Software allows you to add planning or forecast data to actuals. You can use
Web Forms to add the planning data or use the Excel SmartView tool. Most of the
Hyperion reporting tools work great with planning.

Become Hyperion Certified in 16 hrs.


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4. What is Oracle Hyperion Financial Management (HFM)?


Oracle Hyperion Financial Management (HFM) is a comprehensive Web-based application
that delivers global financial consolidation, reporting and analysis in a single,
highly scalable software solution.Oracle Hyperion Financial Management, part of
the Oracle EPM Suite, supports the collection, consolidation and reporting of
financial results in multiple GAAPs as well as IFRS, and the reconciliation of
differences among the various standards. Hyperion

Financial Management can be deployed quickly to integrate data from multiple Oracle
and non-Oracle transactional systems, provide top-side reporting that conforms to
IFRS requirements, and help organizations make the transition to IFRS.

Master financial management with the in-depth Hyperion Certification Training!

5. What are the different types of LOG Files?


So many log files are there in Essbase, but the important log files are:

Application.log
Essbase.log
Configtool.log
eas_install.log
ess base server-install.log
Suppose we have assigned Generation 2 and Generation 4 as of now and think of
adding generation 3 later some time. Now can we build the dimension? No. If gen 2
and gen 4 exists, we must assign gen 3.
6. What are attributes?
A classification of a member in a dimension. You can select and group members based
on their associated attributes. You can also specify an attribute when you perform
calculations and use calculation functions.

Eg: The database in Sample Basic which has product dimension has some attributes
like size, package type, and flavor. We can add these attributes to the dimensions
where we can retrieve the data like for example to retrieve �coke with 8 Oz with
bottles�, this is useful for generating reports.

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7. What is TB First and TB Last?


TB First: in the Sample.Basic database, the accounts member Opening Inventory is
tagged as TB First. Opening Inventory consolidates the value of the first month in
each quarter and uses that value for that month�s parent. For example, the value
for Qtr1 is the same as the value for Jan.
TB Last: in the Sample.Basic database, the accounts member Ending Inventory is
tagged as TB Last. Ending Inventory consolidates the value for the last month in
each quarter and uses that value for that month�s parent. For example, the value
for Qtr1 is the same as the value for Mar.
8. How does Attribute dim impact report performance?
They highly impact the report performance as the attributes are calculated
dynamically when referenced in the report. For very large number of attribute dim
displayed in the report, the performance could drastically reduce.
While loading the data, you have applied both the selection criteria as well as
rejection criteria to a same record.
The record will be rejected.
9. Mention the main Features in Hyperion Planning v11.1.2.3?
The latest release of Oracle Hyperion Planning, v11.1.2.3, offers new key features
for users and administrators, including ASO support within Planning, more
flexibility to import and export metadata, and task list report visualizations.
MijaDeering, Principal Solutions Manager at Edgewater Ranzal, provides an overview
of these and other features of the newest Planning release.

Her presentation also includes a live demo of key features and an opportunity for
viewers to ask questions and better understand the product�s enhancements.Oracle
Hyperion Planning is a centralized, Microsoft Office and Web-based planning,
budgeting and forecasting solution that integrates financial and operational
planning processes and improves business predictability. It allows organizations
to reduce planning, budgeting, and forecasting cycles by weeks or months and
improve accuracy of plans and forecasts.

Microsoft Office products are used as an interface into Oracle Hyperion Planning,
so the learning curve for users is minimized, and Planning speeds up the time it
takes to update plans and refresh reports. The cost of ownership is reduced
through superior application deployment, management tools, and packaged data
integration.

10. How is data stored in the Essbase database?


Essbase is an file based database where the data is stored in PAG files of 2 GB
each and grows sequentially.

11. What is the difference between UDA�s and Attribute dimensions?


Attribute dimensions provides more flexibility than UDA�s. Attribute calculations
dimensions which include five members with the default names sum, count, min, max

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