Free Oracle 1Z0-588 Actual Exam Questions
The questions for this exam were last updated on January 7, 2026
Dumps Box (DumpsBox) offers up-to-date practice exam questions for 1Z0-588 certification exam which are developed and validated by Oracle subject domain experts certified in Oracle 1Z0-588 . These practice questions are update regularly as we keep an eye on any recent changes in 1Z0-588 syllabus, and when there is update our team quickly adjusts the questions. This commitment to providing the best quality exam prep material to certification aspirants is what makes DumpsBox.com the best certification exam prep website. On top of that, our strong, yet strictly moderated, community based feedback keeps the content clean and current. Each question has helpful community discussion that provides it extra perspective and introduces helpful resources for better exam preparation. This also saves students from other outdated practice questions or illicit exam dumps that can have adverse affects on career. Browse through our Oracle 1Z0-588 exam questions and pass your exam on first try.
Question No. 1
Your organization has two ERPs: PeopleSoft (PS) and SAP. Each ERP has its own chart of accounts.
Each chart of accounts is mapped to a consolidated chart of accounts. The Finance department
maintains the consolidated account hierarchy, For both the SAP and PS account properties, users
should be able to select from a drop-down list the correct accounts that should be mapped to the
consolidated account. Many SAP or PS accounts could be mapped to a single consolidated account.
What property type should you set for the SAP Account Property and PS Account Property, assuming
that you have built the SAP and PS chart of account hierarchies in DRM?
Select one option, then reveal solution.
Question No. 2
Choose three validations that are often implemented for downstream systems.
Select all that apply, then reveal solution.
Question No. 3
The Time Balance property definition is applicable to the Account hierarchy only and is not valid for
any other hierarchy. You would like to simplify the view for end users so they do not
see the Time
Balance property for the Entity dimension.
What method will achieve this requirement?
any other hierarchy. You would like to simplify the view for end users so they do not
see the Time
Balance property for the Entity dimension.
What method will achieve this requirement?
Select one option, then reveal solution.
Question No. 4
A department may only have 10 cost centers. How can you address this requirement?
Select one option, then reveal solution.
Question No. 5
Review the example below:
Product
All Products
Alternate Product Hierarchy
All Products
High Calorie, Sugar Filled Products
Your target Essbase database requires an alternate of the Product, rolling up product SKUs by
Caffeinated and NonCaffeinated. You currently maintain this value as a property. Once a valid export
is built, what are the two ways you can create the new hierarchy in an existing version?
Product
All Products
Alternate Product Hierarchy
All Products
High Calorie, Sugar Filled Products
Your target Essbase database requires an alternate of the Product, rolling up product SKUs by
Caffeinated and NonCaffeinated. You currently maintain this value as a property. Once a valid export
is built, what are the two ways you can create the new hierarchy in an existing version?
Select all that apply, then reveal solution.
Question No. 6
Select the four valid reasons why you would create a different version.
Select all that apply, then reveal solution.
Question No. 7
Your budget office is preparing the Entity dimension for the upcoming year with organisation
changes. They are working in a version called '"Budget". This version has a Working status until the
Entity hierarchy is finalized. The budget office user has received new information from management
that requires him to back out the numerous changes he has made over the last five days. The
AllowAsOf system preference is set to True. What is the next step?
changes. They are working in a version called '"Budget". This version has a Working status until the
Entity hierarchy is finalized. The budget office user has received new information from management
that requires him to back out the numerous changes he has made over the last five days. The
AllowAsOf system preference is set to True. What is the next step?
Select one option, then reveal solution.
Question No. 8
You decide to implement node type? for the Account dimension. What are the required steps that
must be completed to implement a node type?
1. Under Administer, create node types with valid assigned DRM elements.
2. Create a hierarchy property that contains a list of values that matches the node types defined.
3. Create a local node property called "HierarchyNodeType".
4. For version, set the HierarchyNodeType to "Dimension".
5. For the hierarchy, set the Dimension property to the desired Node type value (for example.
Account dimension type for the Account hierarchy).
6. Upload a glyph for each node type.
must be completed to implement a node type?
1. Under Administer, create node types with valid assigned DRM elements.
2. Create a hierarchy property that contains a list of values that matches the node types defined.
3. Create a local node property called "HierarchyNodeType".
4. For version, set the HierarchyNodeType to "Dimension".
5. For the hierarchy, set the Dimension property to the desired Node type value (for example.
Account dimension type for the Account hierarchy).
6. Upload a glyph for each node type.
Select one option, then reveal solution.
Question No. 9
Identify three common issues that are addressed by DRM out of the box.
Select all that apply, then reveal solution.
Question No. 10
Identify the true statements about the DRM Change Tracking properties.
Select one option, then reveal solution.
Question No. 11
What two DRM features allow you to group hierarchies used for data mappings for easier selection
and browsing?
and browsing?
Select all that apply, then reveal solution.
Question No. 12
You have defined Essbase properties for the First entity, E01. You would now like to apply those same
values to the remaining entity list including siblings and descendants.
What are two ways to complete this step?
values to the remaining entity list including siblings and descendants.
What are two ways to complete this step?
Select all that apply, then reveal solution.
Question No. 13
Identify the three true statements about Workflow in DRM.
Select all that apply, then reveal solution.
Question No. 14
Identify the three true statements about the timing of DRM integrations.
Select all that apply, then reveal solution.
Question No. 15
Per the following example:
All Products
The product team has decided to group 300 and 400 product categories into a single "Fruity" product
category. Which three statements are true about performing this change within a single hierarchy?
All Products
The product team has decided to group 300 and 400 product categories into a single "Fruity" product
category. Which three statements are true about performing this change within a single hierarchy?
Select one option, then reveal solution.