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Oracle Planning 2024 Implementation Professional Sample Questions (Q37-Q42):
NEW QUESTION # 37
Your administrator wants to create a Planning application with EPM Enterprise Cloud.
Which three Planning application types can you select when creating an application with EPM Enterprise Cloud?
- A. Plan
- B. Hybrid
- C. Free Form
- D. Custom
- E. Modules
Answer: C,D,E
Explanation:
When creating a Planning application with EPM Enterprise Cloud in Oracle Planning 2024, administrators can select from specific application types. The three available types are:
* A. Modules: Correct. The Modules type allows creating a preconfigured application with options like Financials, Workforce, or Capital, tailored to specific planning needs.
* B. Plan: Incorrect. "Plan" is not a distinct application type; it's a generic term for planning, not an option in the creation wizard.
* C. Free Form: Correct. Free Form provides a blank slate for custom cube design without predefined structures, offering maximum flexibility.
* D. Hybrid: Incorrect. "Hybrid" is not an application type in EPM Enterprise Cloud; it may refer to Essbase configurations, not Planning application creation.
* E. Custom: Correct. Custom allows building an application with user-defined dimensions and structures, distinct from Modules' prebuilt options.
The Oracle documentation lists Modules, Free Form, and Custom as the selectable types in EPM Enterprise Cloud, making A, C, and E the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Creating Planning Applications" (docs.oracle.
com, Published 2024-10-20).
* Oracle EPM Cloud Documentation: "Application Types in EPM Enterprise Cloud" (docs.oracle.com, Published 2023-11-25, updated for 2024).
NEW QUESTION # 38
Which module should you enable first to track the utilization of employees in Projects?
- A. Projects module before Workforce module
- B. Projects module before Financials module
- C. Financials module before Projects module
- D. Workforce module before Projects module
Answer: D
Explanation:
To track the utilization of employees in the Projects module of Oracle Planning 2024, the Workforce module must be enabled first. Employee utilization in Projects refers to tracking how employees' time and costs (e.g., hours worked, labor expenses) are allocated to specific projects. The Workforce moduleprovides the foundational data-such as employee details, roles, salaries, and hours-required to calculate utilization metrics. Once Workforce is enabled and configured with employee data, the Projects module can leverage this data via integration to track utilization against project tasks and budgets.
* A. Projects module before Financials module: Incorrect. Enabling Projects before Financials does not address employee utilization tracking, as Financials focuses on revenue and expense planning, not employee-specific data.
* B. Financials module before Projects module: Incorrect. Financials provides financial planning capabilities but does not manage employee data or utilization, which is a Workforce function.
* C. Workforce module before Projects module: Correct. Workforce must be enabled first to define employee data, which Projects then uses to track utilization through integration (e.g., via data maps or direct links).
* D. Projects module before Workforce module: Incorrect. Enabling Projects first without Workforce would limit utilization tracking, as Projects relies on Workforce for employee-related data.
The Oracle documentation specifies that Workforce is a prerequisite for detailed employee utilization tracking in Projects, making C the correct sequence.
References:
* Oracle Planning 2024 Implementation Study Guide: "Integrating Workforce with Projects" (docs.oracle.
com, Published 2024-09-20).
* Oracle EPM Cloud Documentation: "Tracking Utilization in Projects" (docs.oracle.com, Published
2023-12-15, updated for 2024).
NEW QUESTION # 39
You want to budget for future headcount and related personnel expenses such as salary, benefits, and taxes.
Which module do you enable and configure to budget for these expenses?
- A. Strategic Modeling
- B. Workforce
- C. Sales Planning
- D. Financials
Answer: B
Explanation:
To budget for future headcount and related personnel expenses (e.g., salary, benefits, taxes) in Oracle Planning 2024, the Workforce module must be enabled and configured. This module is specifically designed for detailed employee planning, including:
* A. Financials: Incorrect. Financials focuses on revenue, expense, and financial statement planning at an aggregated level, not detailed headcount or personnel expenses like benefits and taxes.
* B. Strategic Modeling: Incorrect. Strategic Modeling is for high-level scenario analysis (e.g., mergers, long-term strategies), not granular headcount budgeting.
* C. Sales Planning: Incorrect. Sales Planning (if available as a custom module) targets sales forecasts and quotas, not employee-related expenses.
* D. Workforce: Correct. Workforce enables budgeting for headcount (e.g., hiring plans) and calculates associated costs-salaries, benefits (e.g., health insurance), and taxes (e.g., payroll taxes)-with predefined and customizable options.
The Oracle documentation confirms that Workforce is the module tailored for headcount and personnel expense budgeting, making D the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Overview of Workforce Module" (docs.oracle.
com, Published 2024-10-05).
* Oracle EPM Cloud Documentation: "Planning Personnel Expenses" (docs.oracle.com, Published 2023-
11-25, updated for 2024).
NEW QUESTION # 40
You want to include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting. Which statement describes what you need to set up in Financials or Capital to share the data?
- A. In Financials, in the Asset Expenses Wizard, map each component to a Financials account.
- B. In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets.
- C. In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials.
- D. In Capital, for Expense, enable Integration with Financials.
Answer: D
NEW QUESTION # 41
In which three ways can you create data maps that copy data using Smart Push?
- A. From Tax Reporting Cloud to Planning
- B. From Planning to Financial Consolidation and Close
- C. Between two Planning instances
- D. From Financial Consolidation and Close to Planning
- E. From Planning to Tax Reporting Cloud
Answer: B,C,D
Explanation:
In Oracle Planning 2024, Smart Push is a feature within data maps that enables efficient, real-time data movement between Oracle EPM Cloud applications or instances. It copies data dynamically when triggered (e.
g., via forms or rules). The three supported ways to create data maps with Smart Push are:
* A. From Planning to Tax Reporting Cloud: Incorrect. Smart Push does not support direct data movement from Planning to Tax Reporting Cloud, as these modules lack a predefined integration path for this feature.
* B. From Tax Reporting Cloud to Planning: Incorrect. Similarly, Smart Push does not facilitate data movement from Tax Reporting Cloud to Planning.
* C. From Financial Consolidation and Close to Planning: Correct. Smart Push supports moving consolidated data (e.g., actuals) from Financial Consolidation and Close (FCC) to Planning for planning purposes.
* D. From Planning to Financial Consolidation and Close: Correct. Smart Push allows pushing planned data from Planning to FCC for consolidation or reporting.
* E. Between two Planning instances: Correct. Smart Push can move data between two Planning instances (e.g., test and production environments) to synchronize data.
These three options-C, D, and E-are explicitly supported by Smart Push in Oracle EPM Cloud, as per the documentation, enabling seamless data integration across these applications.
References:
* Oracle Planning 2024 Implementation Study Guide: "Using Smart Push in Data Maps" (docs.oracle.
com, Published 2024-09-30).
* Oracle EPM Cloud Documentation: "Data Integration with Smart Push" (docs.oracle.com, Published
2023-12-20, updated for 2024).
NEW QUESTION # 42
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