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Oracle Planning 2024 Implementation Professional Sample Questions (Q24-Q29):
NEW QUESTION # 24
Which configuration task is NOT mandatory in Workforce?
- A. Employee Type
- B. Workforce Assumptions
- C. Planning and Forecast Preparation
- D. Benefits and Taxes
Answer: D
Explanation:
In Oracle Planning 2024's Workforce module, certain configuration tasks are mandatory to enable basic functionality, while others are optional depending on the organization's needs. The task that is not mandatory is:
* A. Employee Type: Incorrect. Defining Employee Type (e.g., full-time, part-time) is mandatory because it establishes the categories of employees to be planned, forming the foundation of workforce data.
* B. Planning and Forecast Preparation: Incorrect. This task is mandatory as it sets up the planning periods, scenarios, and versions, which are essential for Workforce to function within the broader Planning application.
* C. Benefits and Taxes: Correct. Configuring Benefits and Taxes is optional. While Workforce provides predefined options to calculate benefits (e.g., health insurance) and taxes (e.g., payroll taxes), organizations can choose not to configure these if they do not need detailed compensation planning beyond salaries.
* D. Workforce Assumptions: Incorrect. Workforce Assumptions (e.g., hiring rates, salary increases) are mandatory to drive calculations and populate employee data over time.
The Oracle documentation specifies that while Benefits and Taxes enhance Workforce planning, they are not required for core functionality, making C the non-mandatory task.
References:
* Oracle Planning 2024 Implementation Study Guide: "Configuring Workforce Module" (docs.oracle.
com, Published 2024-10-01).
* Oracle EPM Cloud Documentation: "Workforce Configuration Tasks" (docs.oracle.com, Published
2023-11-20, updated for 2024).
NEW QUESTION # 25
You want to allocate project expenses to one or more capital assets.
Which two statements describe what you need to set up in Projects or Capital to share the data?
- A. In Capital, under Expenses, select Integration from Projects.
- B. In Projects, under Expenses, select Integration with Capital.
- C. In Capital, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Project.
- D. In Projects, on the Enable page, enable projects of type Capital.
Answer: B,D
Explanation:
To allocate project expenses to one or more capital assets in Oracle Planning 2024 Implementation, integration between the Projects and Capital modules must be established. Two specific setup steps are required to enable this data sharing:
* B. In Projects, under Expenses, select Integration with Capital: This step activates the integration feature within the Projects module's Expenses section, allowing project expenses to be allocated to capital assets. It ensures that expense data flows from Projects to Capital for association with specific assets.
* D. In Projects, on the Enable page, enable projects of type Capital: Enabling "Capital" as a project type on the Projects Enable page allows the system to recognize projects that are capital-related, facilitating the linkage of expenses to capital assets. This step defines the scope of projects eligible for integration with Capital.
* A. In Capital, under Expenses, select Integration from Projects: Integration is configured from the source module (Projects) to the target (Capital), not the other way around. Capital receives data but does not initiate the integration.
* C. In Capital, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Project: Adding a custom dimension in Capital is unnecessary for this integration. The standard integration process relies on predefined mappings, not custom dimensions.
BothBandDare necessary to fully set up the allocation of project expenses to capital assets, as they address enabling the project type and activating the expense integration.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Administering Projects - Integration with Capital" (docs.oracle.com, updated 2024). Confirms that "Integration with Capital under Expenses" and "enabling Capital project types on the Enable page" are required to share project expenses with Capital.
* Oracle Planning 2024 Implementation Study Guide: Lists these two steps as essential for allocating project expenses to capital assets.
NEW QUESTION # 26
Which two statements are true about using anchor and nonanchor dimensions with cell-level security?
- A. Anchor dimensions are always required in the cube that is used in the cell-level security definition.
- B. By default, nonanchor dimensions are required. You can change this setting later.
- C. Anchor dimensions are never required in the cube that is used in the cell-level security definition.
- D. By default, nonanchor dimensions are not required.
Answer: A,D
Explanation:
In Oracle Planning 2024, cell-level security restricts access to specific data intersections using anchor and nonanchor dimensions. The two true statements are:
* A. Anchor dimensions are always required in the cube that is used in the cell-level security definition:
Correct. Anchor dimensions (e.g., Entity, Scenario) are mandatory in the security definition to specify the primary scope of access control within the cube.
* B. Anchor dimensions are never required in the cube that is used in the cell-level security definition:
Incorrect. Anchor dimensions are always required, contradicting this statement.
* C. By default, nonanchor dimensions are not required: Correct. Nonanchor dimensions (e.g., Account, Period) are optional by default in cell-level security definitions, allowing flexibility in granularity unless explicitly included.
* D. By default, nonanchor dimensions are required. You can change this setting later: Incorrect.
Nonanchor dimensions are not required by default, and there's no setting to make them mandatory-it's an optional inclusion.
The Oracle documentation specifies that A (anchor necessity) and C (nonanchor optional) align with cell-level security behavior, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Cell-Level Security Configuration" (docs.oracle.
com, Published 2024-09-30).
* Oracle EPM Cloud Documentation: "Anchor and Nonanchor Dimensions" (docs.oracle.com, Published
2023-12-05, updated for 2024).
NEW QUESTION # 27
You want to design a report with Reports for Oracle Enterprise Performance Management Cloud. You have an error on the report indicated by a red bar above the report header.
Which two statements describe possible causes of report object errors in Report Designer?
- A. The size of the inserted graphic is too large.
- B. The data source connection for the report is no longer valid.
- C. The report name is blank when you use a text function to display the name.
- D. The report object overlaps with another report object.
Answer: B,D
Explanation:
When designing a report in Reports for Oracle Enterprise Performance Management Cloud and encountering an error (indicated by a red bar above the report header), the issue often stems from report object configuration. The two possible causes are:
* A. The report name is blank when you use a text function to display the name: Incorrect. A blank report name might cause display issues, but it's not a common cause of a report object error flagged by a red bar-errors typically relate to objects or data sources, not naming.
* B. The report object overlaps with another report object: Correct. Overlapping objects (e.g., grids, charts) can cause rendering or validation errors in Report Designer, triggering an error indicator like a red bar due to layout conflicts.
* C. The data source connection for the report is no longer valid: Correct. If the data source (e.g., a cube or grid definition) becomes invalid (e.g., deleted, renamed, or inaccessible), the report cannot retrieve data, resulting in an error marked by a red bar.
* D. The size of the inserted graphic is too large: Incorrect. While large graphics might affect performance or formatting, they do not typically cause a report object error flagged by a red bar-size issues are more likely to impact display than functionality.
The Oracle documentation identifies B (object overlap) and C (invalid data source) as frequent causes of errors in Report Designer, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Troubleshooting Reports in Report Designer" (docs.oracle.com, Published 2024-10-20).
* Oracle EPM Cloud Documentation: "Report Designer Error Handling" (docs.oracle.com, Published
2023-11-25, updated for 2024).
NEW QUESTION # 28
You want to include Named Assets in Capital.
Which two tasks can you perform when enabling Named Assets?
- A. Specify the likely number of tangible and intangible assets that you want to add in a planning cycle.
- B. Increase the number of named assets after enabling Named Assets.
- C. Decrease the number of named assets after enabling Named Assets.
- D. Add the names of assets to plan at the detail level.
Answer: B,D
Explanation:
In Oracle Planning 2024's Capital module, enabling Named Assets allows planning for specific, individually tracked assets (e.g., equipment, buildings) rather than generic asset categories. The two tasks you can perform when enabling Named Assets are:
* A. Add the names of assets to plan at the detail level: Correct. When enabling Named Assets, you can specify the names of individual assets (e.g., "Truck A," "Building 1") to plan their costs, depreciation, and other details at a granular level.
* B. Specify the likely number of tangible and intangible assets that you want to add in a planning cycle:
Incorrect. While you estimate a maximum number of Named Assets during enablement, you don't specify them by tangible/intangible categories-the distinction is managed later in asset planning, not at enablement.
* C. Decrease the number of named assets after enabling Named Assets: Incorrect. Once Named Assets is enabled with a maximum number, you cannot decrease this limit directly; it requires reconfiguration or disabling/re-enabling the feature, which is not a standard task.
* D. Increase the number of named assets after enabling Named Assets: Correct. After enablement, you can increase the maximum number of Named Assets (e.g., from 100 to 150) via the Configure card, allowing more assets to be added as needed.
The Oracle documentation confirms that A (adding asset names) and D (increasing the count post- enablement) are supported tasks for Named Assets, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Enabling Named Assets in Capital" (docs.oracle.
com, Published 2024-09-20).
* Oracle EPM Cloud Documentation: "Capital Named Assets Configuration" (docs.oracle.com, Published
2023-11-10, updated for 2024).
NEW QUESTION # 29
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