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Oracle Planning 2025 Implementation Professional Sample Questions (Q74-Q79):
NEW QUESTION # 74
Which three sources of data can you use in Dashboards 2.0?
- A. Ad hoc grids
- B. Reports
- C. Forms
- D. Spreadsheets
- E. Cubes
Answer: A,C
NEW QUESTION # 75
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 revenue for Contract projects.
- C. Plan detailed project expenses for projects.
- D. Track the Workforce expense benefits calculated on each Contract project.
Answer: A
NEW QUESTION # 76
Which three are configuration or post-configuration tasks for Financials?
- A. Removing custom dimensions
- B. Setting up exchange rates (for multicurrency applications)
- C. Adding custom dimensions
- D. Completing Planning and Forecast Preparation
- E. Adding custom expense driver categories
Answer: B,C,D
Explanation:
In Oracle Planning 2024, configuring and post-configuring the Financials module involves tasks to establish its structure and functionality. The three valid configuration or post-configuration tasks are:
* A. Adding custom expense driver categories: Incorrect. While Financials supports driver-based planning (e.g., revenue drivers), adding custom expense driver categories is not a standard configuration task-it's more of a customization within forms or rules, not a core setup step.
* B. Adding custom dimensions: Correct. Adding custom dimensions (e.g., Region, Product) is a key configuration task in Financials to tailor the module to business needs, often done during or shortly after initial setup.
* C. Completing Planning and Forecast Preparation: Correct. This mandatory configuration task defines the planning periods, scenarios, and versions for Financials, setting the foundation for budgeting and forecasting.
* D. Setting up exchange rates (for multicurrency applications): Correct. For multicurrency-enabled Financials applications, configuring exchange rates is a critical task during or post-configuration to support currency conversion in financial planning.
* E. Removing custom dimensions: Incorrect. Removing dimensions is not a standard configuration or post-configuration task-it's a rare adjustment that could disrupt existing data and is not recommended as part of setup.
The Oracle documentation identifies B, C, and D as essential tasks during or after Financials configuration, ensuring the module meets planning and reporting requirements.
References:
Oracle Planning 2024 Implementation Study Guide: "Financials Configuration Tasks" (docs.oracle.com, Published 2024-10-15).
Oracle EPM Cloud Documentation: "Setting Up Financials" (docs.oracle.com, Published 2023-12-15, updated for 2024).
NEW QUESTION # 77
Which statement describes Strategic Modeling?
- A. It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities.
- B. It is used to model the flow of data by defining strategic rules for sharing data between modules.
- C. It is used to strategically manage and analyze finances at any business level with built-in dashboards.
- D. It is used to develop driver-based strategic plans and generate core financial statements.
Answer: A
Explanation:
Strategic Modeling in Oracle Planning 2024 is a module designed to enable rapid modeling and evaluation of financial scenarios, such as mergers, acquisitions, or long-term strategic plans. It provides a flexible framework for simulating "what-if" scenarios and includes out-of-the-box treasury capabilities, such as cash flow forecasting, debt scheduling, and interest rate calculations, which are critical for strategic financial planning.
* A. It is used to model the flow of data by defining strategic rules for sharing data between modules:
Incorrect. This describes data integration (e.g., via data maps), not Strategic Modeling, which focuses on scenario analysis.
* B. It is used to develop driver-based strategic plans and generate core financial statements: Incorrect.
While it supports driver-based planning, generating core financial statements is more aligned with the Financials module, not Strategic Modeling's primary focus.
* C. It is used to strategically manage and analyze finances at any business level with built-in dashboards:
Incorrect. This is too broad and aligns more with the overall Planning application, not specifically Strategic Modeling.
* D. It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities: Correct. This matches the module's purpose of rapid scenario modeling and its treasury- related features.
The Oracle documentation highlights Strategic Modeling's role in scenario analysis and its treasury tools, making D the accurate description.
References:
Oracle Planning 2024 Implementation Study Guide: "Overview of Strategic Modeling" (docs.oracle.com, Published 2024-09-25).
Oracle EPM Cloud Documentation: "Strategic Modeling Features" (docs.oracle.com, Published 2023-10-25, updated for 2024).
NEW QUESTION # 78
Which is true about implementing access permissions in Planning?
- A. If a user with group access has individual access permissions that conflict with those of a group to which the user belongs, then group access permissions take precedence.
- B. Users and groups are restricted from accessing applications by removing custom applications and plan- type security.
- C. Planning roles can be assigned to members in all dimensions in all modules in the application.
- D. A member with Read access that has a parent with Write access to all its descendants results in an access level of Read for that member.
Answer: D
NEW QUESTION # 79
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