Exercise 1 Answers

Answer Sheet for Exercise 1: Identifying Your Point of View (POV)

1. You want to run a CalRptg report to review your current year Forecast that reflects all of the reforecasting you have done to date. Which Dimension Members would you select to return this data? 

Period: YearTotal

Year: FY25

Time Series: Periodic or YearToDate

Scenario: Forecast

Version: Working

Entity: Your entity

2. Select the scenario and version

a. Actual revenue and expenses

Scenario: Actual; Version: Final

b. Most current version of the plan for next year

Scenario: Operating Budget; Version: Working

c. Budget that was committed at the beginning of the year

Scenario: Forecast; Version: Initial or Scenario: Operating Budget; Version: Final

3. Select the year, period, and time series needed to derive each report.

a. Budget for all of next year

Year: FY26; Period: YearTotal; TIme Series: Periodic or YearToDate

b. Second quarter of this year

Year: FY25; Period: Q2; Time Series: Periodic

c. This year through December

Year: FY25; Period: Q2 or December; Time Series: YearToDate


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