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Oracle Planning 2024 Implementation Professional Sample Questions (Q12-Q17):

NEW QUESTION # 12
You can override expense lines in Financials with the more detailed values that Workforce stores. What steps would you take to move the detailed values to Financials?

  • A. In data maps, for Financial Statement Integration, define how the detailed Workforce accounts roll up into the Financials accounts.
  • B. In data maps, for Compensation Data, synchronize and then push the data.
  • C. On the Financials Integration Summary form, calculate compensation data to update the underlying details for Workforce data.
  • D. On the Financials Integration Summary form, from the Actions menu, select the Rollup business rule.

Answer: A

Explanation:
In Oracle Planning 2024, integrating detailed Workforce data (such as salary, benefits, and taxes) into Financials involves leveraging out-of-the-box integration features like data maps and Smart Push. To override expense lines in Financials with more detailed values stored in Workforce, the correct approach is to define how Workforce accounts roll up into Financials accounts using the "Financial Statement Integration" data map. This process involves mapping specific Workforce accounts (e.g., payroll taxes, total salary) to corresponding Financials accounts and then synchronizing and pushing the data to update Financials with the detailed values.
Option A is the verified answer because it directly addresses the initial setup required to move detailed Workforce values into Financials by defining the rollup mappings in the Financial Statement Integration data map. After this mapping is configured, administrators can synchronize and push the data to reflect the detailed values in Financials reporting. Option B is incorrect because the Financials Integration Summary form is used to view rolled-up data, not to calculate compensation data for updating underlying Workforce details-this is a Workforce-specific task, not a data movement step. Option C is also incorrect, as there is no "Rollup business rule" explicitly mentioned in the Financials Integration Summary form's Actions menu for this purpose; instead, rollup occurs via data maps. Option D, while related to Compensation Data synchronization, is a narrower action that does not fully address the broader task of moving detailed Workforce values into Financials expense lines, which requires the Financial Statement Integration data map.
The Oracle Planning 2024 Implementation documentation highlights that Financials integrates with Workforce using predefined data maps, such as Financial Statement Integration, to roll up detailedemployee expenses into financial reporting, making Option A the most accurate and complete step for this scenario.
References:
* Oracle Planning 2024 Implementation Study Guide: "Integration Scenarios and Workflow" (docs.oracle.
com, Published 2024-08-19).
* Oracle EPM Cloud Documentation: "Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials" (updated for 2024 workflows).
* Oracle Planning Documentation: "Administering and Working with Strategic Workforce Planning" (docs.oracle.com, Published 2024-12-04).


NEW QUESTION # 13
You need to schedule a weekly data import job. Which two statements are true about scheduling jobs?

  • A. You can set to receive notifications when the job has completed.
  • B. You can schedule an Import Data job to run later at intervals.
  • C. You can check the execution status of a job only if it completed.
  • D. You can set the daily maintenance time when scheduling cloning environment jobs.
  • E. You can delete that are currently processing.

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.
References:
* 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 # 14
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.

  • A. Migration Backup
  • B. Clone Snapshot
  • C. Replicate Snapshot
  • D. Migration Export

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 fromthe 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.
References:
* 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 # 15
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. Add the names of assets to plan at the detail level.
  • D. Decrease the number of named assets after enabling Named Assets.

Answer: A,C

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 # 16
In which two ways do parent/child relationships between approval unit hierarchy members affect the review process?

  • A. When you approve a parent. Its children are Signed Off.
  • B. When the status of all children changes to one status (for example. Signed Off) the parent status changes to the same status.
  • C. After all children are promoted to the same owner, the parent status is changed to Signed Off.
  • D. After all children are promoted to the same owner, the parent is promoted to the owner.

Answer: B,D

Explanation:
In Oracle Planning 2024, the approval process uses an approval unit hierarchy where parent and child relationships influence the review workflow. The two ways these relationships affect the process are:
* A. When the status of all children changes to one status (for example, Signed Off), the parent status changes to the same status: Correct. In a bottom-up approval process, when all child approval units reach a uniform status (e.g., Signed Off, Approved), the parent's status automatically updates to match, reflecting the completion of the children's review.
* B. When you approve a parent, its children are Signed Off: Incorrect. Approving a parent does not automatically sign off its children; the workflow typically moves bottom-up, requiring children to be approved first.
* C. After all children are promoted to the same owner, the parent status is changed to Signed Off:
Incorrect. Promotion to an owner changes ownership, not necessarily status (e.g., Signed Off). Status changes are driven by approval actions, not just ownership.
* D. After all children are promoted to the same owner, the parent is promoted to the owner: Correct. In the approval hierarchy, once all child units are promoted to a new owner (e.g., for review), the parent unit is also promoted to that owner, ensuring the hierarchy progresses together.
The Oracle documentation confirms that A (status aggregation) and D (owner promotion) are key behaviors of parent/child relationships in the approval process, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Approval Unit Hierarchies" (docs.oracle.com, Published 2024-09-25).
* Oracle EPM Cloud Documentation: "Managing Approvals" (docs.oracle.com, Published 2023-12-20, updated for 2024).


NEW QUESTION # 17
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