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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% | - Implement Groovy rules and advanced calculations - Create and manage business rules and scripts |
| Business Process Configuration | 25% | - Configure Financials module - Configure Strategic Modeling - Configure Capital module - Configure Workforce module - Configure Projects module |
| Forms, Dashboards, and User Interface | 15% | - Manage navigation flows and user experience - Design and maintain forms and templates - Build and configure dashboards and infolets |
| Intelligent Performance Management and AI Features | 10% | - Configure IPM and predictive planning features - Leverage AI-driven planning and forecasting capabilities |
| Planning Application Setup and Configuration | 20% | - Create and configure Planning applications - Set up and administer security and access permissions - Manage dimensions, hierarchies, and metadata |
| Data Management and Integration | 15% | - Load, map, and validate data - Integrate with external sources and systems |
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NEW QUESTION # 89
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 # 90
With Machine Learning, which type of prediction would you define to predict using the same dimension, measure, and slice of data?
Answer: A
NEW QUESTION # 91
What feature can Service Administrators use to automatically complete all the actions required to create an exact copy of the current application in a target environment?
This includes the removal of the current application and data, if any, from the target environment.
Answer: B
Explanation:
In Oracle Planning 2024, Service Administrators can use the Clone Snapshot feature to create an exact copy of the current application in a target environment. This feature automates all actions required for cloning, including removing the existing application and data in the target environment (if any) and replacing it with a snapshot of the source environment. The process involves exporting a snapshot from the source, deleting the target environment's current application and data, and then importing and applying the snapshot to recreate the application identically.
A . Replicate Snapshot: This is incorrect because "Replicate Snapshot" is not a defined feature in Oracle Planning. Replication typically implies duplicating data without necessarily overwriting the target, which doesn't align with the requirement of removing existing content.
B . Migration Export: This is incorrect because Migration Export only exports application artifacts (e.g., metadata, data) to a file for manual transfer or backup, but it does not automate the removal of the target environment's content or the import process.
C . Clone Snapshot: This is correct. The Clone Snapshot feature, available under the Environment management tools, fully automates the cloning process, including deletion of the target environment's application and data, followed by the recreation of the source application.
D . Migration Backup: This is incorrect because Migration Backup creates a backup file for recovery purposes but does not involve cloning or overwriting a target environment.
The Oracle Planning 2024 documentation specifies that Clone Snapshot is designed for such end-to-end automation, making it the ideal choice for Service Administrators to replicate an application across environments efficiently.
Oracle Planning 2024 Implementation Study Guide: "Managing Environments with Clone Snapshot" (docs.oracle.com, Published 2024-09-15).
Oracle EPM Cloud Documentation: "Cloning Environments in Planning" (docs.oracle.com, Published 2023-10-20, updated for 2024).
NEW QUESTION # 92
You need to schedule a weekly data import job. Which two statements are true about scheduling jobs?
Answer: A,B
Explanation:
In Oracle Planning 2024, scheduling jobs such as a weekly data import is managed through the Jobs interface, which provides options for automation, monitoring, and notifications. Let's evaluate the provided statements to identify the two that are true:
A . You can check the execution status of a job only if it completed: This is false. The Jobs console in Oracle EPM allows users to check the status of a job (e.g., Running, Completed, Failed) at any time, not just after completion. Real-time monitoring is a key feature.
B . You can set the daily maintenance time when scheduling cloning environment jobs: This is false. Daily maintenance time is a system-wide setting controlled by administrators via Application Settings, not something adjustable when scheduling specific jobs like cloning or data imports.
C . You can set to receive notifications when the job has completed: This is true. When scheduling a job (e.g., Import Data), users can enable email notifications to be alerted upon job completion, success, or failure, enhancing job management.
D . You can schedule an Import Data job to run later at intervals: This is true. The scheduling feature supports recurring jobs, such as weekly data imports, allowing users to define the start time and frequency (e.g., daily, weekly) for tasks like importing data from external sources.
E . You can delete that are currently processing: This is false. Jobs that are currently processing (i.e., in a "Running" state) cannot be deleted until they complete or fail, as per Oracle's job management rules.
Thus, the two true statements are C and D, reflecting the flexibility of scheduling recurring Import Data jobs and receiving completion notifications, both of which are explicitly supported in Oracle Planning 2024.
Oracle Planning 2024 Implementation Study Guide: "Managing Jobs and Scheduling" (docs.oracle.com, Published 2024-08-22).
Oracle EPM Cloud Documentation: "Scheduling Jobs in Planning" (docs.oracle.com, Published 2023-12-10, updated for 2024).
Oracle Planning Administration Guide: "Monitoring and Notifications" (docs.oracle.com, Published 2024-10-01).
NEW QUESTION # 93
Which four job types can be scheduled in Planning?
Answer: B,D,E,F
NEW QUESTION # 94
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