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Oracle Planning 2024 Implementation Professional Sample Questions (Q31-Q36):

NEW QUESTION # 31
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. Include the path for the data file stored on the server.
  • 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. Select the option to clear data before import.

Answer: B,D

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 # 32
You want to select a probability distribution for your Strategic Modeling simulation. The minimum and maximum are fixed, and you know the most likely values.
Which probability distribution is useful with limited data in situations such as sales estimates, inventory numbers, and marketing costs in Strategic Modeling simulations?

  • A. Lognormal
  • B. Triangular
  • C. Uniform
  • D. Beta PERT
  • E. Normal

Answer: B

Explanation:
In Oracle Planning 2024's Strategic Modeling simulations, selecting a probability distribution for scenarios with fixed minimum and maximum values and a known most likely value (e.g., sales estimates, inventory, marketing costs) points to:
A: Beta PERT: Incorrect. Beta PERT uses min, max, and most likely values but requires more data to shape the curve accurately, making it less ideal with limited data.
B: Uniform: Incorrect. Uniform assumes equal probability between min and max, ignoring the most likely value, which doesn't fit this scenario.
C: Triangular: Correct. The Triangular distribution uses minimum, maximum, and most likely values, making it simple and effective for limited data situations like sales or costs.
D: Normal: Incorrect. Normal requires mean and standard deviation, not just min, max, and most likely, and assumes more data availability.
E: Lognormal: Incorrect. Lognormal is skewed and suited for data with a positive range, requiring more statistical input than provided here.
C: The Oracle documentation recommends the Triangular distribution for its simplicity and suitability with limited data, making C the correct answer.
References:
Oracle Planning 2024 Implementation Study Guide: "Probability Distributions in Strategic Modeling" (docs.oracle.com, Published 2024-10-25).
Oracle EPM Cloud Documentation: "Simulation Distributions" (docs.oracle.com, Published 2023-11-
30, updated for 2024).


NEW QUESTION # 33
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. Decrease the number of named assets after enabling Named Assets.
  • C. Add the names of assets to plan at the detail level.
  • D. Specify the likely number of tangible and intangible assets that you want to add in a planning cycle.

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 # 34
Which two can be used to push data between cubes?

  • A. Import Data
  • B. Data Maps
  • C. Data Integration
  • D. Copy Data

Answer: B,D

Explanation:
In Oracle Planning 2024, pushing data between cubes (e.g., from one cube to another within the same application) can be accomplished using specific tools. The two methods that facilitate this are:
* A. Data Integration: Incorrect. Data Integration is used to import data from external sources (e.g., files, other systems) into Planning, not to push data between cubes within the same application.
* B. Data Maps: Correct. Data Maps allow you to define mappings and push data between cubes (or applications) using Smart Push or manual execution. This is a primary method for intra-application data movement.
* C. Copy Data: Correct. The Copy Data feature enables administrators to copy data from one cube to another within the same Planning application, specifying dimensions and members to transfer.
* D. Import Data: Incorrect. Import Data is designed to bring external data into a cube from a file, not to push data between existing cubes.
Both Data Maps (with Smart Push for real-time updates) and Copy Data (for batch-style transfers) are explicitly supported for moving data between cubes, as per Oracle's documentation, making B and C the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Moving Data Between Cubes" (docs.oracle.com, Published 2024-09-05).
* Oracle EPM Cloud Documentation: "Data Maps and Copy Data Features" (docs.oracle.com, Published
2023-12-25, updated for 2024).


NEW QUESTION # 35
In module-based Planning, you can configure the time frame and granularity for plans, and the forecast for each module. You can have a different time frame and granularity for each module and year.
When configuring Financials, in which component would you configure the time frame and granularity for plans?

  • A. Planning and Forecast Preparation
  • B. Seasonality Management
  • C. Valid Intersections
  • D. Manage Time Periods

Answer: A

Explanation:
In Oracle Planning 2024's module-based Planning, including the Financials module, the time frame (e.g., years) and granularity (e.g., months, weeks) for plans and forecasts are configured to define the planning horizon and periodicity. For Financials, this configuration occurs in:
* A. Planning and Forecast Preparation: Correct. This component is where administrators define the time frame (e.g., start year, number of years) and granularity (e.g., monthly, weekly) for plans and forecasts.
It's a mandatory configuration task executed via the Configure card, allowing module-specific settings.
* B. Manage Time Periods: Incorrect. This is not a standard component in Oracle Planning for setting time frame and granularity; it's a term more aligned with other Oracle systems (e.g., Essbase) or custom period management, not Financials configuration.
* C. Seasonality Management: Incorrect. Seasonality Management deals with distributing data across periods based on patterns (e.g., seasonal trends), not setting the overall time frame or granularity.
* D. Valid Intersections: Incorrect. Valid Intersections define allowable data combinations across dimensions, not the time frame or granularity of plans.
The Oracle documentation specifies that Planning and Forecast Preparation is the component where time- related settings are established for Financials, making A the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Configuring Time Frame in Financials" (docs.
oracle.com, Published 2024-10-10).
* Oracle EPM Cloud Documentation: "Planning and Forecast Preparation" (docs.oracle.com, Published
2023-11-15, updated for 2024).


NEW QUESTION # 36
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