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| Section | Objectives |
|---|---|
| Reporting and Analysis | - Financial reporting
|
| Oracle Enterprise Performance Management (EPM) Cloud Overview | - EPM architecture and components
|
| Planning Application Configuration | - Application design
|
| AI and Predictive Planning Features | - AI-assisted planning insights
|
| Data Integration and Management | - Data loading methods
|
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NEW QUESTION # 106
Your administrator wants to create a Planning application with EPM Enterprise Cloud.
Which three Planning application types can you select when creating an application with EPM Enterprise Cloud?
Answer: B,C,D
Explanation:
When creating a Planning application with EPM Enterprise Cloud in Oracle Planning 2024, administrators can select from specific application types. The three available types are:
A . Modules: Correct. The Modules type allows creating a preconfigured application with options like Financials, Workforce, or Capital, tailored to specific planning needs.
B . Plan: Incorrect. "Plan" is not a distinct application type; it's a generic term for planning, not an option in the creation wizard.
C . Free Form: Correct. Free Form provides a blank slate for custom cube design without predefined structures, offering maximum flexibility.
D . Hybrid: Incorrect. "Hybrid" is not an application type in EPM Enterprise Cloud; it may refer to Essbase configurations, not Planning application creation.
Oracle Planning 2024 Implementation Study Guide: "Creating Planning Applications" (docs.oracle.com, Published 2024-10-20).
Oracle EPM Cloud Documentation: "Application Types in EPM Enterprise Cloud" (docs.oracle.com, Published 2023-11-25, updated for 2024).
E). Custom: Correct. Custom allows building an application with user-defined dimensions and structures, distinct from Modules' prebuilt options.
NEW QUESTION # 107
With Machine Learning, which type of prediction would you define to predict using the same dimension, measure, and slice of data?
Answer: C
NEW QUESTION # 108
In which two ways do parent/child relationships between approval unit hierarchy members affect the review process?
Answer: B,D
Explanation:
In Oracle Planning 2024, the approval process uses an approval unit hierarchy where parent and child relationships influence the review workflow. The two ways these relationships affect the process are:
A . When the status of all children changes to one status (for example, Signed Off), the parent status changes to the same status: Correct. In a bottom-up approval process, when all child approval units reach a uniform status (e.g., Signed Off, Approved), the parent's status automatically updates to match, reflecting the completion of the children's review.
B . When you approve a parent, its children are Signed Off: Incorrect. Approving a parent does not automatically sign off its children; the workflow typically moves bottom-up, requiring children to be approved first.
C . After all children are promoted to the same owner, the parent status is changed to Signed Off: Incorrect. Promotion to an owner changes ownership, not necessarily status (e.g., Signed Off). Status changes are driven by approval actions, not just ownership.
D . After all children are promoted to the same owner, the parent is promoted to the owner: Correct. In the approval hierarchy, once all child units are promoted to a new owner (e.g., for review), the parent unit is also promoted to that owner, ensuring the hierarchy progresses together.
The Oracle documentation confirms that A (status aggregation) and D (owner promotion) are key behaviors of parent/child relationships in the approval process, making them the correct answers.
Oracle Planning 2024 Implementation Study Guide: "Approval Unit Hierarchies" (docs.oracle.com, Published 2024-09-25).
Oracle EPM Cloud Documentation: "Managing Approvals" (docs.oracle.com, Published 2023-12-20, updated for 2024).
NEW QUESTION # 109
Which three tasks can you perform on the Dimensions page to manage dimensions in a Custom Planning application?
Answer: A,B,C
Explanation:
In Oracle Planning 2024, the Dimensions page in a Custom Planning application allows administrators to manage dimensions. The three tasks you can perform are:
A . Set the order of precedence: Correct. This task adjusts the display order of dimensions in forms and reports, enhancing usability, and is manageable on the Dimensions page.
B . Delete dimensions: Correct. Administrators can delete custom dimensions from the application on the Dimensions page, provided they are not in use (e.g., no data or dependencies).
C . Clear dimension members: Incorrect. Clearing members (e.g., removing all members from a dimension) is not a task performed on the Dimensions page; it's typically done via metadata import with the "Clear Members" option or manual member deletion.
D . Select the dimension density: Incorrect. Dimension density (sparse/dense) is set during cube creation or in Cube Designer, not adjustable on the Dimensions page post-creation.
E . Set the Evaluation Order: Correct. This task defines the order in which dimensions are evaluated for calculations (e.g., resolving member formulas), configurable on the Dimensions page for custom applications.
The Oracle documentation confirms that A, B, and E are tasks supported on the Dimensions page for Custom Planning applications, making them the correct answers.
Oracle Planning 2024 Implementation Study Guide: "Managing Dimensions in Custom Applications" (docs.oracle.com, Published 2024-10-10).
Oracle EPM Cloud Documentation: "Dimensions Page Tasks" (docs.oracle.com, Published 2023-11-15, updated for 2024).
NEW QUESTION # 110
You want to analyze past data and predicted data to help you find patterns and insights into data that you might not have found on your own. To accomplish this, you configure Insights with Auto Predict.
Which two are Oracle EPM guidelines for implementing Insights and Auto Predict?
Answer: C,D
Explanation:
In Oracle Planning 2024, configuring Insights with Auto Predict allows users to analyze past and predicted data to uncover patterns and insights. Oracle provides specific guidelines to ensure effective implementation:
A . For future data, create a new insight by leveraging templates that include insight definitions: Incorrect. While templates can be used to set up Insights, this is not a specific Oracle guideline for implementing Auto Predict. Auto Predict relies on historical data and predictive algorithms, not predefined insight templates for future data.
B . For historical data, there should be at least twice the amount of historical data as the number of prediction periods: Correct. Oracle recommends having sufficient historical data-specifically, at least twice the number of periods you intend to predict-to ensure the accuracy of Auto Predict's machine learning algorithms. For example, predicting 12 months requires at least 24 months of historical data.
C . For historical data, create the Insights job using the lowest level of Period members possible so that the greatest amount of historical data can be used: Incorrect. While granularity matters, Oracle does not mandate using the lowest level of Period members (e.g., days instead of months) as a guideline. The focus is on the quantity of historical data, not necessarily the lowest level of aggregation.
D . For future data, first run predictions in a test environment to ensure there is no impact on production data: Correct. Oracle advises testing Auto Predict in a non-production environment to validate results and avoid unintended impacts on live data, aligning with best practices for predictive analytics deployment.
The two guidelines-B and D-are explicitly outlined in Oracle's documentation for Insights and Auto Predict to ensure reliable predictions and safe implementation.
Oracle Planning 2024 Implementation Study Guide: "Configuring Insights and Auto Predict" (docs.oracle.com, Published 2024-10-15).
NEW QUESTION # 111
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