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Oracle Planning 2025 Implementation Professional Sample Questions (Q56-Q61):
NEW QUESTION # 56
A company wants to capitalize the expenses from their project initiatives. Which is NOT a capability in Projects or Capital to fulfill this business requirement?
- A. In Capital, the ability to view capitalized asset values and associated depreciation
- B. In Projects, the ability to allocate project expenses to a single or multiple capital assets
- C. In Projects, the ability to allocate project expenses either partially or in full
- D. In Capital, the ability to change resource utilization by project and asset
Answer: D
NEW QUESTION # 57
You want to analyze past data and predicted data to help you find patterns and insights into data that you might not have found on your own. To accomplish this, you configure Insights with Auto Predict.
Which two are Oracle EPM guidelines for implementing Insights and Auto Predict?
- A. For future data, first run predictions in a test environment to ensure there is no impact on production data.
- B. For historical data, create the Insights job using the lowest level of Period members possible so that the greatest amount of historical data can be used.
- C. For historical data, there should be at least twice the amount of historical data as the number of prediction periods.
- D. For future data, create a new insight by leveraging templates that include insight definitions.
Answer: A,C
Explanation:
In Oracle Planning 2024, configuring Insights with Auto Predict allows users to analyze past and predicted data to uncover patterns and insights. Oracle provides specific guidelines to ensure effective implementation:
* A. For future data, create a new insight by leveraging templates that include insight definitions:
Incorrect. While templates can be used to set up Insights, this is not a specific Oracle guideline for implementing Auto Predict. Auto Predict relies on historical data and predictive algorithms, not predefined insight templates for future data.
* B. For historical data, there should be at least twice the amount of historical data as the number of prediction periods: Correct. Oracle recommends having sufficient historical data-specifically, at least twice the number of periods you intend to predict-to ensure the accuracy of Auto Predict's machine learning algorithms. For example, predicting 12 months requires at least 24 months of historical data.
* C. For historical data, create the Insights job using the lowest level of Period members possible so that the greatest amount of historical data can be used: Incorrect. While granularity matters, Oracle does not mandate using the lowest level of Period members (e.g., days instead of months) as a guideline. The focus is on the quantity of historical data, not necessarily the lowest level of aggregation.
* D. For future data, first run predictions in a test environment to ensure there is no impact on production data: Correct. Oracle advises testing Auto Predict in a non-production environment to validate results and avoid unintended impacts on live data, aligning with best practices for predictive analytics deployment.
The two guidelines-B and D-are explicitly outlined in Oracle's documentation for Insights and Auto Predict to ensure reliable predictions and safe implementation.
References:
Oracle Planning 2024 Implementation Study Guide: "Configuring Insights and Auto Predict" (docs.oracle.
com, Published 2024-10-15).
NEW QUESTION # 58
In Strategic Modeling, you set up the Change in Inventory due to Non-Cash Activity account and provide more detailed accounts below that account. The account number is v2040.35:010. The main account is 2040.
Which two statements about setting up accounts in Strategic Modeling are true?
- A. You can add siblings to main accounts to create additional accounts.
- B. You can remove account 2040 if you no longer need it.
- C. When you create subaccounts for Balance Sheet accounts, subaccounts for related accounts are created automatically.
- D. Subaccounts inherit attributes of main accounts in both historical and forecast periods.
Answer: A,D
NEW QUESTION # 59
Which set of steps do you perform to enable each Planning module?
- A. Configure the module and refresh the database.
- B. Run pre-configuration tasks, enable the module, and configure the module.
- C. Enable the module, configure the module, and run post-configuration tasks.
- D. Enable the module and refresh the database.
Answer: C
NEW QUESTION # 60
Which Mass Update form in Workforce allows you to update employee properties, job properties, or salary- related information?
- A. Synchronize Definitions
- B. Process Updated Data
- C. Synchronize Defaults
- D. Process Data and Synchronize Defaults
Answer: A
Explanation:
In the Oracle Planning 2024 Workforce module, the Synchronize Definitions Mass Update form is the tool provided to update employee properties, job properties, or salary-related information in bulk. This form allows administrators to modify and synchronize metadata definitions across multiple employees or jobs efficiently, ensuring consistency in workforce planning data.
* D. Synchronize Definitions: This form enables updates to employee properties (e.g., status, department), job properties (e.g., job code, title), and salary-related information (e.g., salary basis, grade). It is designed to handle mass updates to metadata and ensure that changes are reflected across the Workforce model.
* A. Synchronize Defaults: This option is related to applying default assumptions or settings to data, not specifically for updating employee, job, or salary properties.
* B. Process Updated Data: This form focuses on processing data changes (e.g., recalculating costs after data entry), not on updating properties or definitions.
* C. Process Data and Synchronize Defaults: This is a combined action that processes data and applies defaults, but it does not specifically target updates to employee properties, job properties, or salary information.
The Synchronize Definitions form stands out as the correct choice because it directly addresses bulk updates to workforce metadata, aligning with the question's focus on properties and salary-related information.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Managing Workforce - Mass Update Forms" (docs.oracle.com, updated 2024). Describes the "Synchronize Definitions" form as the tool for updating "employee properties, job properties, and salary-related information."
* Oracle Planning 2024 Implementation Study Guide: Confirms that "Synchronize Definitions" is the Mass Update form for modifying workforce metadata.
NEW QUESTION # 61
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