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Oracle Planning 2024 Implementation Professional Sample Questions (Q19-Q24):

NEW QUESTION # 19
Which three statements are true about importing metadata from a flat file into Planning?

  • A. You can use the import file functionality to import more metadata or to perform incremental updates from the source system.
  • B. You can rename or delete members of attribute dimensions during a metadata import.
  • C. Your import file must contain a list of metadata records. Each metadata record contains a delimited list of property values that matches the order designated in the header record.
  • D. When selecting to clear members during import, any member not specified is deleted from the outline after importing the dimension unless it is an ancestor of a member that was specified, or is a base member of a shared member that was specified.
  • E. You can import data forms, dashboards, and infolets by loading a local import file or an import file from the Inbox server.

Answer: A,C,D

Explanation:
In Oracle Planning 2024, importing metadata from a flat file into Planning involves specific rules and capabilities. The three true statements are:
* A. You can rename or delete members of attribute dimensions during a metadata import: Incorrect.
Metadata imports update dimension members (e.g., adding, updating properties), but renaming or deleting attribute dimension members is not directly supported via flat file import-it requires manual action or a separate process.
* B. You can import data forms, dashboards, and infolets by loading a local import file or an import file from the Inbox server: Incorrect. Flat file imports are for metadata (e.g., dimensions, members), not artifacts like forms, dashboards, or infolets, which are managed via Migration or Application tools.
* C. Your import file must contain a list of metadata records. Each metadata record contains a delimited list of property values that matches the order designated in the header record: Correct. The import file format requires a header defining properties (e.g., Name, Parent) and subsequent records with delimited values (e.g., CSV) matching that order, a standard requirement for metadata imports.
* D. When selecting to clear members during import, any member not specified is deleted from the outline after importing the dimension unless it is an ancestor of a member that was specified, or is a base member of a shared member that was specified: Correct. When the "Clear Members" option is selected, unspecified members are removed, but ancestors of specified members and base members of shared members are retained to maintain hierarchy integrity.
* E. You can use the import file functionality to import more metadata or to perform incremental updates from the source system: Correct. Metadata imports support both full loads and incremental updates, allowing administrators to add or modify members as needed from a source system.
The Oracle documentation verifies that C, D, and E accurately describe the metadata import process, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Importing Metadata from Flat Files" (docs.oracle.
com, Published 2024-10-05).
* Oracle EPM Cloud Documentation: "Metadata Import Guidelines" (docs.oracle.com, Published 2023-
11-25, updated for 2024).


NEW QUESTION # 20
You want to include Named Assets in Capital.
Which two tasks can you perform when enabling Named Assets?

  • A. Increase the number of named assets after enabling Named Assets.
  • B. Specify the likely number of tangible and intangible assets that you want to add in a planning cycle.
  • C. Decrease the number of named assets after enabling Named Assets.
  • D. Add the names of assets to plan at the detail level.

Answer: A,D

Explanation:
In Oracle Planning 2024's Capital module, enabling Named Assets allows planning for specific, individually tracked assets (e.g., equipment, buildings) rather than generic asset categories. The two tasks you can perform when enabling Named Assets are:
* A. Add the names of assets to plan at the detail level: Correct. When enabling Named Assets, you can specify the names of individual assets (e.g., "Truck A," "Building 1") to plan their costs, depreciation, and other details at a granular level.
* B. Specify the likely number of tangible and intangible assets that you want to add in a planning cycle:
Incorrect. While you estimate a maximum number of Named Assets during enablement, you don't specify them by tangible/intangible categories-the distinction is managed later in asset planning, not at enablement.
* C. Decrease the number of named assets after enabling Named Assets: Incorrect. Once Named Assets is enabled with a maximum number, you cannot decrease this limit directly; it requires reconfiguration or disabling/re-enabling the feature, which is not a standard task.
* D. Increase the number of named assets after enabling Named Assets: Correct. After enablement, you can increase the maximum number of Named Assets (e.g., from 100 to 150) via the Configure card, allowing more assets to be added as needed.
The Oracle documentation confirms that A (adding asset names) and D (increasing the count post- enablement) are supported tasks for Named Assets, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Enabling Named Assets in Capital" (docs.oracle.
com, Published 2024-09-20).
* Oracle EPM Cloud Documentation: "Capital Named Assets Configuration" (docs.oracle.com, Published
2023-11-10, updated for 2024).


NEW QUESTION # 21
Which two can be used to push data between cubes?

  • A. Copy Data
  • B. Data Maps
  • C. Import Data
  • D. Data Integration

Answer: A,B

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.
References:
* 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 # 22
Which three types of revenue and expense assumptions drive data calculations in Projects?

  • A. Project rates
  • B. Program mappings
  • C. Plan start year
  • D. Standard rates
  • E. Discount rates
  • F. Working days and hours

Answer: A,D,F

Explanation:
In Oracle Planning 2024's Projects module, revenue and expense calculations are driven by specific assumptions that influence project financials. The three types of assumptions that directly drive these calculations are Working days and hours, Standard rates, and Project rates:
* A. Working days and hours: This assumption defines the available time for project execution (e.g., days per week, hours per day), directly impacting labor costs and revenue projections based on resource utilization.
* C. Standard rates: These are predefined rates (e.g., hourly or daily rates for labor or equipment) applied across projects unless overridden, driving cost and revenue calculations consistently.
* E. Project rates: These are project-specific rates that override standard rates when defined, allowing for tailored revenue and expense calculations based on unique project requirements.
* B. Plan start year: This is incorrect because, while it sets the timeline for planning, it does not directly drive revenue or expense calculations-it's a temporal parameter, not an assumption affecting financial data.
* D. Program mappings: This is incorrect because program mappings relate to integrating data across programs, not driving revenue or expense calculations within Projects.
* F. Discount rates: This is incorrect because discount rates are used for net present value (NPV) or financial analysis, not as a direct driver of revenue and expense assumptions in Projects.
The Oracle Projects module documentation highlights that Working days and hours, Standard rates, and Project rates are foundational assumptions that calculate costs (e.g., labor expenses) and revenues (e.g., billable amounts), making them the correct choices.
References:
* Oracle Planning 2024 Implementation Study Guide: "Configuring Projects Assumptions" (docs.oracle.
com, Published 2024-10-10).
* Oracle EPM Cloud Documentation: "Revenue and Expense Planning in Projects" (docs.oracle.com, Published 2023-11-25, updated for 2024).


NEW QUESTION # 23
Which two statements are true about approval units?

  • A. You can have up to three scenario/version combinations per approval unit.
  • B. You can set the option in Application Settings to include detailed annotations for approval units.
  • C. Approval units can also include secondary dimensions within any entity.
  • D. Approval units are combinations of scenario, version, and entity or part of an entity.

Answer: C,D

Explanation:
In Oracle Planning 2024, approval units manage the review process. The two true statements are:
* A. You can have up to three scenario/version combinations per approval unit: Incorrect. There's no strict limit of three scenario/version combinations per approval unit; multiple combinations are possible based on hierarchy design.
* B. Approval units are combinations of scenario, version, and entity or part of an entity: Correct.
Approval units are defined by Scenario (e.g., Budget), Version (e.g., Working), and Entity (e.g., Department) or entity hierarchies, forming the basis of the approval process.
* C. Approval units can also include secondary dimensions within any entity: Correct. Secondary dimensions (e.g., Product, Project) can be added to approval units within an entity to refine the scope of approval.
* D. You can set the option in Application Settings to include detailed annotations for approval units:
Incorrect. Annotations are cell-level notes, not an Application Settings option tied to approval units; they're managed separately.
The Oracle documentation confirms B and C as accurate descriptions of approval units, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Approval Units Overview" (docs.oracle.com, Published 2024-09-15).
* Oracle EPM Cloud Documentation: "Configuring Approval Units" (docs.oracle.com, Published 2023-
12-10, updated for 2024).


NEW QUESTION # 24
......

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