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Oracle Planning 2024 Implementation Professional Sample Questions (Q45-Q50):

NEW QUESTION # 45
You are preparing to design a report in Cloud EPM Planning using Report Designer. Which two statements are true about data sources in reports?

  • A. Control the way a report object is printed on the page relative to other report objects.
  • B. Include a chart in your report without displaying the underlying data grid.
  • C. Insert charts in the report header to provide a quick visual summary of data.
  • D. Insert a report object into the report if you are in Modify mode.

Answer: A,B

Explanation:
When designing reports in Oracle Cloud EPM Planning using Report Designer, data sources and report objects (e.g., grids, charts) have specific capabilities. The two true statements about data sources in reports are:
* A. Insert charts in the report header to provide a quick visual summary of data: Incorrect. Report Designer does not support inserting charts directly into the report header; charts are added as objects within the report body, linked to data sources.
* B. Include a chart in your report without displaying the underlying data grid: Correct. You can create a chart object tied to a data source (e.g., a grid) and configure it to display only the chart, suppressing the grid for a cleaner visual presentation.
* C. Control the way a report object is printed on the page relative to other report objects: Correct. Report Designer allows you to adjust the layout and positioning of report objects (e.g., grids, charts) relative to each other, controlling how they appear when printed or exported.
* D. Insert a report object into the report if you are in Modify mode: Incorrect. While you modify reports in Report Designer, there's no specific "Modify mode" restriction-objects can be inserted during initial design or edits, but this is not a data source-specific feature.
The Oracle documentation verifies that B and C reflect Report Designer's flexibility with data sources and object management, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Designing Reports with Report Designer" (docs.
oracle.com, Published 2024-09-30).
* Oracle EPM Cloud Documentation: "Report Designer Data Sources" (docs.oracle.com, Published 2023-
12-05, updated for 2024).


NEW QUESTION # 46
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 delete that are currently processing.
  • E. You can set the daily maintenance time when scheduling cloning environment jobs.

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 # 47
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. Triangular
  • B. Beta PERT
  • C. Uniform
  • D. Normal
  • E. Lognormal

Answer: A

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 # 48
In which two ways do parent/child relationships between approval unit hierarchy members affect the review process?

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

Answer: A,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 # 49
Which card in the Application cluster allows you to enable modules?

  • A. Cube Editor
  • B. Settings
  • C. Tools
  • D. Configure
  • E. Enable Features

Answer: D

Explanation:
In Oracle Planning 2024, the Application cluster in the navigator includes cards for managing application settings and features. The card that allows you to enable modules (e.g., Workforce, Projects) is:
* A. Settings: Incorrect. Settings is not a card in the Application cluster; it's typically a broader system- level option, not specific to module enablement.
* B. Configure: Correct. The Configure card in the Application cluster provides access to the Enable Features page, where administrators can turn on modules like Financials, Workforce, or Projects.
* C. Tools: Incorrect. The Tools card offers utilities (e.g., diagnostics, job scheduling), not module enablement.
* D. Enable Features: Incorrect. While "Enable Features" is the specific action/page, it is accessed via the Configure card, not a standalone card in the Application cluster.
* E. Cube Editor: Incorrect. Cube Editor is for managing cube structures (e.g., dimensions), not enabling modules.
The Oracle documentation specifies that the Configure card is the entry point for enabling modules, making B the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Enabling Modules in Planning" (docs.oracle.com, Published 2024-08-30).
* Oracle EPM Cloud Documentation: "Application Cluster Navigation" (docs.oracle.com, Published
2023-12-05, updated for 2024).


NEW QUESTION # 50
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