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                ITFAS-Level-1 exam questions accompanied by exhibits
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                Verified Answers Researched by Industry Experts and almost 100% correct 
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                Same type as the certification exams, ITFAS-Level-1 exam preparation is in multiple-choice questions (MCQs).
            
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NEW QUESTION: 1
Your customer has a requirement to generate a Year-to-Date and Quarter-to-Date report from a Block Storage Essbase cube. The cube has a dimension that represents Time and includes calendar months as leaf-level members.
What two steps should you perform to enable To-Date reporting? (Choose two.)
A. Exclude Quarters from the Time hierarchy.
B. Ensure the dimension representing Time is tagged as the "Time" dimension.
C. Enable Dynamic Time Series in the Time dimension and configure Y-T-D and Q-T-D.
D. Ensure the Time Balance functionality is turned on for the cube.
Answer: C,D
NEW QUESTION: 2
Is this how you should approach a customer who makes purchasing decisions using total cost of ownership (TCO)?
Solution: Explain the consistent pricing of HPE GreenLake and the control it offers for Finance and Procurement to ensure IT is spending wisely.
A. No
B. Yes
Answer: A
NEW QUESTION: 3
Who should be the only entity allowed to declare that an organization can return to normal following contingency or BCDR operations?
A. Regulators
B. The incident manager
C. Senior management
D. Law enforcement
Answer: C
NEW QUESTION: 4
In which two scenarios should you use a periodic journal? Each correct answer presents a complete solution.
A. You prepaid your annual insurance and want to amortize the expense monthly throughout the year.
B. You need to pay a fixed management fee on the first day of every quarter.
C. You need to automatically allocate your monthly indirect expenses to departments based on departmental revenue for the month.
D. You need to revalue automatically foreign currency transactions in the general ledger based on the month-end exchange rates.
Answer: A,C