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| Section | Weight | Objectives |
|---|---|---|
| Reporting, Approval, and Maintenance | 5% | - Set up and manage approval workflows - Perform system maintenance and updates - Create and distribute reports and analytics |
| Calculation Rules and Logic | 10% | - Create and manage business rules and scripts - Implement Groovy rules and advanced calculations |
| Forms, Dashboards, and User Interface | 15% | - Build and configure dashboards and infolets - Design and maintain forms and templates - Manage navigation flows and user experience |
| Planning Application Setup and Configuration | 20% | - Create and configure Planning applications - Manage dimensions, hierarchies, and metadata - Set up and administer security and access permissions |
| Intelligent Performance Management and AI Features | 10% | - Configure IPM and predictive planning features - Leverage AI-driven planning and forecasting capabilities |
| Data Management and Integration | 15% | - Integrate with external sources and systems - Load, map, and validate data |
| Business Process Configuration | 25% | - Configure Workforce module - Configure Strategic Modeling - Configure Capital module - Configure Financials module - Configure Projects module |
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NEW QUESTION # 59
In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC 842 standards?
Answer: A,C,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 # 60
If you are using your own chart of accounts and want to use dashboards that graphically depict total results, you must add your accounts as shared members under the appropriate parent. To which four parent members do you add your own chart of accounts as shared members, to include them in predefined dashboards?
Answer: A,C,D,F
NEW QUESTION # 61
Which Mass Update form in Workforce allows you to update employee properties, job properties, or salary-related information?
Answer: B
Explanation:
In the Oracle Planning 2024 Workforce module, the Synchronize Definitions Mass Update form is the tool provided to update employee properties, job properties, or salary-related information in bulk. This form allows administrators to modify and synchronize metadata definitions across multiple employees or jobs efficiently, ensuring consistency in workforce planning data.
D . Synchronize Definitions: This form enables updates to employee properties (e.g., status, department), job properties (e.g., job code, title), and salary-related information (e.g., salary basis, grade). It is designed to handle mass updates to metadata and ensure that changes are reflected across the Workforce model.
A . Synchronize Defaults: This option is related to applying default assumptions or settings to data, not specifically for updating employee, job, or salary properties.
B . Process Updated Data: This form focuses on processing data changes (e.g., recalculating costs after data entry), not on updating properties or definitions.
C . Process Data and Synchronize Defaults: This is a combined action that processes data and applies defaults, but it does not specifically target updates to employee properties, job properties, or salary information.
The Synchronize Definitions form stands out as the correct choice because it directly addresses bulk updates to workforce metadata, aligning with the question's focus on properties and salary-related information.
Oracle Enterprise Performance Management Cloud Documentation: "Managing Workforce - Mass Update Forms" (docs.oracle.com, updated 2024). Describes the "Synchronize Definitions" form as the tool for updating "employee properties, job properties, and salary-related information." Oracle Planning 2024 Implementation Study Guide: Confirms that "Synchronize Definitions" is the Mass Update form for modifying workforce metadata.
NEW QUESTION # 62
You are preparing to design a report in Cloud EPM Planning using Report Designer. Which two statements are true about data sources in reports?
Answer: C,D
Explanation:
When designing reports in Oracle Cloud EPM Planning using Report Designer, data sources and report objects (e.g., grids, charts) have specific capabilities. The two true statements about data sources in reports are:
A . Insert charts in the report header to provide a quick visual summary of data: Incorrect. Report Designer does not support inserting charts directly into the report header; charts are added as objects within the report body, linked to data sources.
B . Include a chart in your report without displaying the underlying data grid: Correct. You can create a chart object tied to a data source (e.g., a grid) and configure it to display only the chart, suppressing the grid for a cleaner visual presentation.
C . Control the way a report object is printed on the page relative to other report objects: Correct. Report Designer allows you to adjust the layout and positioning of report objects (e.g., grids, charts) relative to each other, controlling how they appear when printed or exported.
D . Insert a report object into the report if you are in Modify mode: Incorrect. While you modify reports in Report Designer, there's no specific "Modify mode" restriction-objects can be inserted during initial design or edits, but this is not a data source-specific feature.
The Oracle documentation verifies that B and C reflect Report Designer's flexibility with data sources and object management, making them the correct answers.
Oracle Planning 2024 Implementation Study Guide: "Designing Reports with Report Designer" (docs.oracle.com, Published 2024-09-30).
Oracle EPM Cloud Documentation: "Report Designer Data Sources" (docs.oracle.com, Published 2023-12-05, updated for 2024).
NEW QUESTION # 63
Which two can be used to push data between cubes?
Answer: C,D
Explanation:
In Oracle Planning 2024, pushing data between cubes (e.g., from one cube to another within the same application) can be accomplished using specific tools. The two methods that facilitate this are:
A . Data Integration: Incorrect. Data Integration is used to import data from external sources (e.g., files, other systems) into Planning, not to push data between cubes within the same application.
B . Data Maps: Correct. Data Maps allow you to define mappings and push data between cubes (or applications) using Smart Push or manual execution. This is a primary method for intra-application data movement.
C . Copy Data: Correct. The Copy Data feature enables administrators to copy data from one cube to another within the same Planning application, specifying dimensions and members to transfer.
D . Import Data: Incorrect. Import Data is designed to bring external data into a cube from a file, not to push data between existing cubes.
Both Data Maps (with Smart Push for real-time updates) and Copy Data (for batch-style transfers) are explicitly supported for moving data between cubes, as per Oracle's documentation, making B and C the correct answers.
Oracle Planning 2024 Implementation Study Guide: "Moving Data Between Cubes" (docs.oracle.com, Published 2024-09-05).
Oracle EPM Cloud Documentation: "Data Maps and Copy Data Features" (docs.oracle.com, Published 2023-12-25, updated for 2024).
NEW QUESTION # 64
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