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Oracle Planning 2024 Implementation Professional Sample Questions (Q49-Q54):

NEW QUESTION # 49
You want to design a report with Reports for Oracle Enterprise Performance Management Cloud. You have an error on the report indicated by a red bar above the report header.
Which two statements describe possible causes of report object errors in Report Designer?

  • A. The data source connection for the report is no longer valid.
  • B. The report name is blank when you use a text function to display the name.
  • C. The size of the inserted graphic is too large.
  • D. The report object overlaps with another report object.

Answer: A,D

Explanation:
When designing a report in Reports for Oracle Enterprise Performance Management Cloud and encountering an error (indicated by a red bar above the report header), the issue often stems from report object configuration. The two possible causes are:
* A. The report name is blank when you use a text function to display the name: Incorrect. A blank report name might cause display issues, but it's not a common cause of a report object error flagged by a red bar-errors typically relate to objects or data sources, not naming.
* B. The report object overlaps with another report object: Correct. Overlapping objects (e.g., grids, charts) can cause rendering or validation errors in Report Designer, triggering an error indicator like a red bar due to layout conflicts.
* C. The data source connection for the report is no longer valid: Correct. If the data source (e.g., a cube or grid definition) becomes invalid (e.g., deleted, renamed, or inaccessible), the report cannot retrieve data, resulting in an error marked by a red bar.
* D. The size of the inserted graphic is too large: Incorrect. While large graphics might affect performance or formatting, they do not typically cause a report object error flagged by a red bar-size issues are more likely to impact display than functionality.
The Oracle documentation identifies B (object overlap) and C (invalid data source) as frequent causes of errors in Report Designer, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Troubleshooting Reports in Report Designer" (docs.oracle.com, Published 2024-10-20).
* Oracle EPM Cloud Documentation: "Report Designer Error Handling" (docs.oracle.com, Published
2023-11-25, updated for 2024).


NEW QUESTION # 50
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. Select the option to clear data before import.
  • B. Upload your data file to the Inbox before running the Import Data job.
  • C. Reference a data file stored locally when creating the Import Data job.
  • D. Include the path for the data file stored on the server.

Answer: A,B

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 # 51
You want to include Named Assets in Capital.
Which two tasks can you perform when enabling Named Assets?

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

Answer: A,B

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 # 52
Which dimension must members be imported into to configure Additional Earnings in the Benefits and Taxes wizard?

  • A. Component
  • B. Account
  • C. Pay Type
  • D. Property

Answer: A

Explanation:
In Oracle Planning 2024 Implementation, the Benefits and Taxes Wizard is used to configure employee- related financial components, such as additional earnings, benefits, and taxes, within the Workforce module.
To configure Additional Earnings specifically, members must be imported into theComponentdimension.
This dimension is designed to categorize and manage various types of earnings, benefits, and taxes that apply to employees.
TheComponentdimension acts as a foundational structure in the Workforce module, allowing administrators to define and import members (e.g., "Bonus," "Overtime," or other additional earnings types) that can then be associated with employees via the wizard. The wizard uses these members to calculate and allocate costs accurately across the workforce plan.
* B. Account: While the Account dimension is critical for financial reporting and calculations, it is not the dimension where Additional Earnings members are imported in the Benefits and Taxes Wizard.
Accounts are typically used to map earnings to financial statements, not to define the earnings types themselves.
* C. Property: The Property dimension is used for employee or job attributes (e.g., location, department), not for configuring earnings types in the wizard.
* D. Pay Type: Although Pay Type is related to salary and wage classifications, it is not the dimension used for importing Additional Earnings members in the Benefits and Taxes Wizard. Pay Type is more about categorizing base pay structures rather than additional earnings components.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Administering Workforce - Benefits and Taxes Wizard" (docs.oracle.com, updated 2024). Specifies that "members for additional earnings must be imported into the Component dimension" for configuration in the wizard.
* Oracle Planning 2024 Implementation Study Guide: Highlights the Component dimension as the target for importing earnings-related members in Workforce configuration.


NEW QUESTION # 53
You want to develop your forecast with Forms 2.0. Which statement about Forms 2.0 setup is true?

  • A. Set up Forms 2.0 in your environment one time and it will work with all your applications.
  • B. Redesign forms 1.0 forms so that they are set up to work with Forms 2.0.
  • C. Migrate the forms you want to work with in Forms 2.0 from Forms 1.0 to Forms 2.0.
  • D. Switch between Forms 1.0 and Forms 2.0 by selecting the Forms Version in Application Settings.

Answer: C

Explanation:
In Oracle Planning 2024 Implementation, Forms 2.0 represents an enhanced version of the form design and functionality framework compared to Forms 1.0. To develop forecasts using Forms 2.0, existing forms must be transitioned from the older version to the newer one, as they are not automatically compatible or universally enabled.
* D. Migrate the forms you want to work with in Forms 2.0 from Forms 1.0 to Forms 2.0: This is the correct statement. Oracle provides a migration process to convert Forms 1.0 forms to Forms 2.0, enabling users to leverage the advanced features of Forms 2.0 (e.g., improved navigation, dynamic rows
/columns, and enhanced usability). This migration is selective, meaning only the forms you choose to use with Forms 2.0 need to be migrated, and it is not a one-time global setup.
* A. Set up Forms 2.0 in your environment one time and it will work with all your applications:
Forms 2.0 is not a one-time environment-wide setup. It requires specific forms to be migrated or designed for Forms 2.0 compatibility, and not all applications automatically adopt it.
* B. Switch between Forms 1.0 and Forms 2.0 by selecting the Forms Version in Application Settings: There is no such toggle in Application Settings to switch between Forms 1.0 and Forms 2.0.
The transition to Forms 2.0 involves migration rather than a simple version switch.
* C. Redesign forms 1.0 forms so that they are set up to work with Forms 2.0: While redesigning is an option for creating new Forms 2.0-compatible forms, the standard process for existing forms is migration, not a complete redesign from scratch. Migration preserves the form structure while adapting it to Forms 2.0.
The migration process ensures that users can take advantage of Forms 2.0's capabilities while maintaining continuity with existing form designs, aligning with Oracle's recommended approach.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Working with Forms - Forms
2.0" (docs.oracle.com, updated 2024). States that "to use Forms 2.0, migrate existing Forms 1.0 forms to Forms 2.0 using the provided migration tools."
* Oracle Planning 2024 Implementation Study Guide: Confirms that migrating Forms 1.0 to Forms 2.0 is the true setup process for leveraging Forms 2.0 in forecasting.


NEW QUESTION # 54
......

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