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Oracle Planning 2025 Implementation Professional Sample Questions (Q101-Q106):

NEW QUESTION # 101
You want to use Strategic Modeling to quickly model and evaluate financial scenarios. Which two statements describe tasks that you can perform in Strategic Modeling?

A. You can define driver-based planning by using expense assumptions so that model expenses are calculated using the built-in formulas and expense drivers that you enter.
B. You can use prebuilt forecasting methods, or build your own free form formula.
C. You modify assumptions for Capital assets, such as depreciation and amortization, cash flow, and other expense assumptions, to determine long-range model expenses.
D. You can use Goal Seek to specify a target value for an account and determine the values that are needed to drive that result.

Answer: B,D

NEW QUESTION # 102
Which four statements are true about the Optimize Dimension feature?

A. 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.
B. You refresh the database and then back up the application and download the snapshot before you optimize dimension order.
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.
D You optimize dimension order first in your test environment before you optimize dimension order in the production environment.
D. The new optimized dimension order is maintained even if you enable additional features or other modules.
E. You can optimize the dimension order only for BSO cubes in Custom Planning applications.

Answer: A,B,D,E

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.
References:
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 # 103
In module-based Planning, you can configure the time frame and granularity for plans, and the forecast for each module. You can have a different time frame and granularity for each module and year.
When configuring Financials, in which component would you configure the time frame and granularity for plans?

A. Planning and Forecast Preparation
B. Manage Time Periods
C. Valid Intersections
D. Seasonality Management

Answer: A

Explanation:
In Oracle Planning 2024's module-based Planning, including the Financials module, the time frame (e.g., years) and granularity (e.g., months, weeks) for plans and forecasts are configured to define the planning horizon and periodicity. For Financials, this configuration occurs in:
* A. Planning and Forecast Preparation: Correct. This component is where administrators define the time frame (e.g., start year, number of years) and granularity (e.g., monthly, weekly) for plans and forecasts.
It's a mandatory configuration task executed via the Configure card, allowing module-specific settings.
* B. Manage Time Periods: Incorrect. This is not a standard component in Oracle Planning for setting time frame and granularity; it's a term more aligned with other Oracle systems (e.g., Essbase) or custom period management, not Financials configuration.
* C. Seasonality Management: Incorrect. Seasonality Management deals with distributing data across periods based on patterns (e.g., seasonal trends), not setting the overall time frame or granularity.
* D. Valid Intersections: Incorrect. Valid Intersections define allowable data combinations across dimensions, not the time frame or granularity of plans.
The Oracle documentation specifies that Planning and Forecast Preparation is the component where time- related settings are established for Financials, making A the correct answer.
References:
Oracle Planning 2024 Implementation Study Guide: "Configuring Time Frame in Financials" (docs.oracle.
com, Published 2024-10-10).
Oracle EPM Cloud Documentation: "Planning and Forecast Preparation" (docs.oracle.com, Published 2023-
11-15, updated for 2024).

NEW QUESTION # 104
You want to import data into your application. You import data from a file and want to save the import operation as a job. Which two statements are true about import data jobs?

A. Include the path for the data file stored on the server.
B. Upload your data file to the Inbox before running the Import Data job.
C. Select the option to clear data before import.
D. Reference a data file stored locally when creating the Import Data job.

Answer: B,C

Explanation:
In Oracle Planning 2024, importing data from a file and saving the operation as a job involves specific steps and options. The two true statements about Import Data jobs are:
* A. Reference a data file stored locally when creating the Import Data job: Incorrect. Oracle EPM Cloud does not allow referencing files stored locally on a user's machine for Import Data jobs. Files must be uploaded to the cloud environment (e.g., Inbox) for processing.
* B. Select the option to clear data before import: Correct. When configuring an Import Data job, you can choose to clear existing data in the target before importing new data. This option ensures a clean slate for the import, avoiding data duplication or overlap, and is a standard feature in the job setup.
* C. Upload your data file to the Inbox before running the Import Data job: Correct. Oracle requires that data files be uploaded to the Inbox (or another cloud storage location like the Outbox) before scheduling or running an Import Data job. The job then references this uploaded file for execution.
* D. Include the path for the data file stored on the server: Incorrect. While you specify a file name in the job definition, you do not manually include a server path. The system automatically manages file locations within the cloud environment (e.g., Inbox), and users select files from there, not via explicit server paths.
The documentation confirms that uploading the file to the Inbox and optionally clearing data are key aspects of setting up an Import Data job, making B and C the true statements.
References:
Oracle Planning 2024 Implementation Study Guide: "Importing Data and Creating Jobs" (docs.oracle.com, Published 2024-10-20).
Oracle EPM Cloud Documentation: "Managing Data Import Jobs" (docs.oracle.com, Published 2023-11-05, updated for 2024).

NEW QUESTION # 105
What is the purpose of selecting the Project Benefits option when enabling Projects?

A. Help justify the need for projects and plan nonfinancial benefits.
B. Plan detailed project expenses for projects.
C. Plan detailed project revenue for Contract projects.
D. Track the Workforce expense benefits calculated on each Contract project.

Answer: A

NEW QUESTION # 106
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Oracle Planning 2025 Implementation Professional Sample Questions (Q101-Q106):

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