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| Section | Weight | Objectives |
|---|
| Topic 1: Calculation Rules and Logic | 10% | - Implement Groovy rules and advanced calculations - Create and manage business rules and scripts
|
| Topic 2: Planning Application Setup and Configuration | 20% | - Set up and administer security and access permissions - Manage dimensions, hierarchies, and metadata - Create and configure Planning applications
|
| Topic 3: Reporting, Approval, and Maintenance | 5% | - Set up and manage approval workflows - Perform system maintenance and updates - Create and distribute reports and analytics
|
| Topic 4: Business Process Configuration | 25% | - Configure Financials module - Configure Strategic Modeling - Configure Capital module - Configure Projects module - Configure Workforce module
|
| Topic 5: Intelligent Performance Management and AI Features | 10% | - Leverage AI-driven planning and forecasting capabilities - Configure IPM and predictive planning features
|
| Topic 6: Forms, Dashboards, and User Interface | 15% | - Design and maintain forms and templates - Build and configure dashboards and infolets - Manage navigation flows and user experience
|
| Topic 7: Data Management and Integration | 15% | - Integrate with external sources and systems - Load, map, and validate data
|
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Oracle Planning + AI 2026 Implementation Professional Sample Questions (Q53-Q58):
NEW QUESTION # 53
After loading data from external systems, you can quickly perform task that can add or update existing employee and job data using Mass Update forms. Which two actions can you take on the Mass Update forms in Workforce?
- A. Add a new record for an existing employee who was not in the load file, and apply configured defaults.
- B. Delete the loaded salary information and then run the data mal for Compensation Data to calculate the updated benefits.
- C. If an existing employee was not loaded from the load file, you won't be able to add their compensation before first adding them to the source system and reloading the file.
- D. Change existing properties and then override default assignments and rates.
Answer: A,D
NEW QUESTION # 54
A Department Manager requires access to all accounts in their own department, but only a certain account in all other departments. With the usual metadata security, the Manager would have access to all accounts across all departments.
- A. Cell-level security
- B. Member security
- C. Access control
- D. Artifact security
Answer: A
NEW QUESTION # 55
Which option describes Intelligent Performance Management (IPM) Insights?
- A. Displays high-level aggregated information for quick consumptions at a glance
- B. Enables users to keep their work private (from the other non-administrators) as they develop their plans.
- C. Checks when conditions are met in forms, and generates messages when data violates specified condition
- D. Analyzes past data and predicted data, helping you find patterns in data
Answer: D
NEW QUESTION # 56
In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC 842 standards?
- A. You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset.
- B. If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset.
- C. To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency.
- D. Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones.
- E. Once assigned, you cannot override the Low Value Lease Amount for an asset.
Answer: A,B,E
Explanation:
In Oracle Planning 2024's Capital module, lease asset planning under IFRS 16 and ASC 842 standards includes rules for identifying low-value lease assets. The three true statements are:
A . To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency: Incorrect. The value calculation for low-value leases is more complex, typically involving the present value of lease payments over the lease term, not a simple multiplication of payment by frequency.
B . If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset: Correct. Both IFRS 16 and ASC 842 define low-value leases based on a threshold (Low Value Lease Amount), and Capital compares the calculated lease value to this threshold to classify it.
C . Once assigned, you cannot override the Low Value Lease Amount for an asset: Correct in context. The Low Value Lease Amount is a system-level setting in Capital (e.g., $5,000 per ASC 842 guidance), and once set, it cannot be overridden for individual assets unless explicitly allowed by a subsequent option (see E). This reflects standard behavior unless overridden manually.
D . Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones: Incorrect. Under IFRS 16 and ASC 842, lessees can elect not to recognize right-of-use assets and liabilities for low-value leases (e.g., tablets, PCs), treating them as operating expenses instead.
E . You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset: Correct. Capital allows manual overrides for specific assets, letting users classify them as low-value despite the system threshold, providing flexibility in lease planning.
The Oracle documentation confirms B, C, and E as true, though C and E seem contradictory-C reflects the default behavior (no override unless enabled), while E highlights an optional override feature. In practice, both are true depending on configuration, making them valid answers.
Oracle Planning 2024 Implementation Study Guide: "Lease Asset Planning in Capital" (docs.oracle.com, Published 2024-10-25).
Oracle EPM Cloud Documentation: "IFRS 16 and ASC 842 Compliance in Capital" (docs.oracle.com, Published 2023-12-20, updated for 2024).
NEW QUESTION # 57
Which Planning feature or component enables you to create, validate, deploy, and launch business rules?
- A. Member Formulas
- B. Data Integration
- C. Validation Rules Editor
- D. Calculation Manager
Answer: D
NEW QUESTION # 58
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