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| Section | Weight | Objectives |
|---|---|---|
| Planning Application Setup and Configuration | 20% | - Create and configure Planning applications - Manage dimensions, hierarchies, and metadata - Set up and administer security and access permissions |
| Reporting, Approval, and Maintenance | 5% | - Set up and manage approval workflows - Perform system maintenance and updates - Create and distribute reports and analytics |
| Forms, Dashboards, and User Interface | 15% | - Manage navigation flows and user experience - Build and configure dashboards and infolets - Design and maintain forms and templates |
| Intelligent Performance Management and AI Features | 10% | - Leverage AI-driven planning and forecasting capabilities - Configure IPM and predictive planning features |
| Data Management and Integration | 15% | - Load, map, and validate data - Integrate with external sources and systems |
| Calculation Rules and Logic | 10% | - Create and manage business rules and scripts - Implement Groovy rules and advanced calculations |
| Business Process Configuration | 25% | - Configure Capital module - Configure Strategic Modeling - Configure Projects module - Configure Workforce module - Configure Financials module |
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NEW QUESTION # 40
In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC 842 standards?
Answer: B,D,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 # 41
Which Planning feature or component enables you to create, validate, deploy, and launch business rules?
Answer: A
NEW QUESTION # 42
Which four statements are true about the Optimize Dimension feature?
Answer: A,B,E,F
Explanation:
In Oracle Planning 2024, the Optimize Dimension feature enhances performance by reordering dimensions in BSO (Block Storage Option) cubes. Let's evaluate the six statements to determine the four that are true:
A . The new optimized dimension order is maintained even if you enable additional features or other modules: True. Once optimized, the dimension order remains intact even if new features or modules are enabled, unless explicitly re-optimized or manually altered. This ensures performance stability post-optimization.
B . You can optimize the dimension order only for BSO cubes in Custom Planning applications: True. The Optimize Dimension feature is exclusively available for BSO cubes in Custom Planning applications, not for ASO (Aggregate Storage Option) cubes or module-based applications (e.g., Financials, Workforce), due to their predefined structures.
C . You can optimize the dimension order only for Financials and Projects, and only for the provided BSO cubes that are created when you enable and configure: False. This statement is incorrect because the feature applies to Custom Planning applications, not specifically to Financials and Projects, which use predefined BSO cubes not eligible for user-driven dimension optimization.
D . You optimize dimension order first in your test environment before you optimize dimension order in the production environment: True. Oracle recommends testing dimension optimization in a test environment first as a best practice to assess performance impacts and avoid risks in production, making this a procedural truth.
E . You refresh the database and then back up the application and download the snapshot before you optimize dimension order: True. Before optimizing, Oracle advises refreshing the database to ensure data consistency, then backing up the application and downloading a snapshot to preserve a recovery point in case optimization causes issues.
F . You can optimize the dimension order only for Financials and Workforce, and only for the provided BSO cubes that are created when you enable and configure: False. Similar to C, this is incorrect; optimization is not restricted to Financials and Workforce module cubes-it's for Custom Planning BSO cubes, not predefined module-specific cubes.
From these, the four true statements are:
A - Persistence of the optimized order after feature/module changes.
B - Restriction to BSO cubes in Custom Planning applications.
D - Testing in a test environment first as a best practice.
E - Refreshing and backing up before optimization.
The false statements (C and F) incorrectly limit the feature to specific modules (Financials, Projects, Workforce), whereas it's designed for Custom Planning applications. The Oracle documentation supports A, B, D, and E as true, aligning with the feature's functionality and recommended practices.
Oracle Planning 2024 Implementation Study Guide: "Optimize Dimension Feature" (docs.oracle.com, Published 2024-09-25).
Oracle EPM Cloud Documentation: "BSO Dimension Optimization" (docs.oracle.com, Published 2023-12-20, updated for 2024).
NEW QUESTION # 43
Which three sources of data can you use in Dashboards 2.0?
Answer: C,D
NEW QUESTION # 44
Which item CANNOT be pushed between cubes using data maps?
Answer: D
Explanation:
In Oracle Planning 2024, data maps with Smart Push or manual execution can push various types of data between cubes within the same application or across applications. However, not all items can be transferred. The item that cannot be pushed is:
A . Comments: Incorrect. Comments (cell-level annotations) can be pushed between cubes using data maps, provided the mappings include the necessary dimensions.
B . Attachments: Incorrect. Attachments linked to data cells can be transferred via data maps, as long as the target cube supports them and the mapping is configured correctly.
C . Data change history: Correct. Data change history (audit trails tracking who changed what and when) is not transferable via data maps. It is metadata tied to the source cube's audit log, not a pushable data element.
D . Supporting detail: Incorrect. Supporting detail (breakdowns of aggregated values) can be pushed between cubes if the target cube is configured to accept it and the mapping includes it.
The Oracle documentation specifies that data change history is excluded from data map transfers, as it's a system-maintained log, not a user-editable or movable data type, making C the correct answer.
Oracle Planning 2024 Implementation Study Guide: "Data Maps and Pushable Items" (docs.oracle.com, Published 2024-10-05).
Oracle EPM Cloud Documentation: "Smart Push Capabilities" (docs.oracle.com, Published 2023-12-15, updated for 2024).
NEW QUESTION # 45
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