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Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials

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Professional Development Quiz on Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials, created by DAVID SHIROMA on 24/02/2021.
DAVID SHIROMA
Quiz by DAVID SHIROMA, updated more than 1 year ago
DAVID SHIROMA
Created by DAVID SHIROMA about 3 years ago
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Resource summary

Question 1

Question
When importing data into the Financials framework, which Plan Element dimension member should be selected to help keep track of the cube’s data sources?
Answer
  • OFS_Integration
  • OFS_Calculated
  • OFS_Systems
  • OFS_Load

Question 2

Question
When modifying Employee and Job dimensions, what step is required to synchronize Smart Lists in Data Maps?
Answer
  • Execute the Rollup WFP Business Rule
  • Synchronize Data Maps
  • Execute the Synchronize Components Business Rule
  • Execute the Synchronize Defaults Business Rule

Question 3

Question
What is a navigation flow?
Answer
  • Functionality that enables running multiple business rules in a predetermined sequence
  • The application home page that users will see upon logging into the application
  • A type of report that shows variances by geography
  • A way to promote a plan to your supervisor

Question 4

Question
What Enterprise Planning and Budgeting Cloud (EPBCS) card in the Application cluster was built to navigate administrators through maintenance activities?
Answer
  • Data Maps
  • Overview
  • Settings
  • Valid Intersections
  • Configure

Question 5

Question
Which step is NOT associated with the ‘data load work bench” in Data Management?
Answer
  • Check
  • Validate
  • Import
  • Review

Question 6

Question
Which is NOT available for assigning customized navigation flows?
Answer
  • Global
  • Group
  • User
  • Role

Question 7

Question
In order to set up weekly planning for a continuous 18 months, which three options would need to be selected/configured when initially enabling the Financials framework? (Select all that apply)
Answer
  • Weeks to months mapping
  • Weekly Planning
  • Rolling Forecast
  • Plan Element dimension
  • Custom Periods

Question 8

Question
An organization adds a dimension to their Enterprise Planning and Budgeting Cloud (EPBCS) planning application. Assuming that Data Management is being utilized, which step would need to be executed?
Answer
  • Navigate to the Import Format screen in Data Management. Select the Import Format for the EPBCS application. Run the “Refresh Members and Metadata” action to update dimensions.
  • Navigate to the Target Application screen in Data Management, and select the EPBCS application. Run the “Refresh Members and Metadata” action to update dimensions.
  • Navigate to the Target Application screen in Data Management, and select the EPBCS application. Run the “Refresh Metadata” action to update dimensions.
  • Navigate to the Application Dimensions screen in Data Management. Refresh dimensions using the “Update Application” action.

Question 9

Question
Which two delimiters are supported when creating a metadata import file? (Choose two.)
Answer
  • Percent sign
  • Forward slash
  • Tab
  • Comma

Question 10

Question
Which two are valid commands in EPM Automate? (Choose two.)
Answer
  • epm automate clear cube
  • epm automate copy snapshot from instance “Artifact Snapshot” service Admin https://testcloud-pln.pbcs.us1.oraclecloud.com A12343
  • epm automate download file dataexport.txt
  • epm automate run business rule Rollup US Sales Period=Q1 Entity=USA

Question 11

Question
When a cube is enabled for sandboxes, what is the name of the dimension that is automatically added for the feature?
Answer
  • Sandboxes
  • HSP_Rates
  • ConsolidatedData
  • HSP_NoLink
  • HSP_View

Question 12

Question
Which three modules would you recommend deploying in EPBCS (Enterprise Planning and Budgeting Cloud)? (Choose three.)
Answer
  • Balance Sheet Planning
  • Statistical Planning
  • Capital Expense Planning
  • Workforce Planning
  • Project Planning

Question 13

Question
Which two are use cases for Smart Push? (Choose two.)
Answer
  • Allow the application to determine when it is best to synchronize data
  • Allow users to update data in another cube on-demand
  • Allow users to update data in a reporting cube upon saving data in the planning web form
  • Allow users to schedule when to synchronize data between cubes

Question 14

Question
When loading flat file data from external systems into the Enterprise Planning and Budgeting Cloud (EPBCS) business process frameworks, which three are recommended methods? (Choose three.)
Answer
  • Financial Data Quality Management Enterprise Edition (FDMEE)
  • Data Management
  • Data Maps
  • XREF member formulas
  • Import Data option with framework templates
  • DATAEXPORT command in Calculation Manager business rules

Question 15

Question
Which migration in Snapshot is required to restore dimensional security?
Answer
  • Reporting
  • Groups and Memberships
  • Calculation Manager
  • Planning

Question 16

Question
Where would you navigate in Data Management to map source data to target scenarios?
Answer
  • Category Mapping
  • Target Application
  • Import Format
  • Data Flow Mapping

Question 17

Question
Which three metadata artifacts can be exported to a flat file? (Choose three.)
Answer
  • Data Entry Forms
  • Supporting Detail
  • Exchange Rate Tables
  • Smart Lists
  • Dimensions

Question 18

Question
After enabling the Financials framework, which three are recommended configuration tasks? (Choose three.)
Answer
  • Adding custom expense driver categories
  • Completing Planning and Forecast Preparation
  • Setting up exchange rates (for multicurrency applications)
  • Adding custom dimensions
  • Removing custom dimensions

Question 19

Question
Which two dimensions are displayed on the user point of view bar within a Financial Report? (Choose two.)
Answer
  • Dimension tagged as Time
  • Dimension tagged as Account
  • Dimensions in a row, column, or page that are flagged for the current point of view
  • Dimensions are not currently defined in a row, column, or page

Question 20

Question
Which three functions does the Enterprise Planning and Budgeting Cloud (EPBCS) data load templates allow?
Answer
  • Load data directly into Data Management without the need for mappings
  • Import business process data into a specific framework cube
  • Customize the data import process to your application’s unique requirements
  • Use the EPBCS Import Data feature
  • Allow for a single Excel template to load data to all frameworks without custom modifications

Question 21

Question
Which financial framework member within the Plan Element dimension stores the aggregated value of all driver-derived calculations after adjustments have been applied?
Answer
  • OFS_Adjustment
  • OFS_Trend
  • OFS_Calculated
  • OFS_Total

Question 22

Question
When setting up a data map, which two options are available for handling unmapped dimensions? (Choose two.)
Answer
  • Selecting multiple unmapped dimension members of the source to map to a single unmapped dimension member on the target
  • Selecting a single unmapped dimension members of the source to map to a single unmapped dimension member on the target
  • Selecting a single unmapped dimension members of the source to map to multiple unmapped dimension member on the target
  • Selecting multiple unmapped dimension members of the source to map to multiple unmapped dimension member on the target

Question 23

Question
Which three Financials framework members within the Plan Element dimension allow for forecast and plan data entry?
Answer
  • OFS_Direct Input
  • OFS_Input
  • OFS_Form Entry
  • OFS_Trend
  • OFS_% Increase/(Decrease)

Question 24

Question
Which business rule is unavailable to manipulate existing employee data?
Answer
  • Remove Existing Employee
  • Change Job
  • Plan Departure
  • Transfer

Question 25

Question
Which three are Enterprise Planning and Budgeting Cloud (EPBCS) features that can be used to help streamline the amount of time a user spends in a web form? (Choose three.)
Answer
  • Valid intersections
  • Hide dimension name
  • Action menus
  • User variables
  • Workflow

Question 26

Question
Which two options related to Planning and Budgeting Cloud (PBCS) security are true? (Choose two.)
Answer
  • Users in the User role can create and edit Business Rules
  • Users can write to members in a dimension that are calculated
  • All users can install Smart View
  • Users can have different access to Data Forms between the SUI and Smart View

Question 27

Question
The company would like to enable Financials, Workforce, and Project frameworks. They would like to plan and forecast the Project dimension in the Financials framework, as well as track employee utilization in the projects framework. Which two actions must they take to ensure that the Project dimension is shared and the data integrated correctly across all three frameworks?
Answer
  • In the Projects framework, ensure that the Employee driver-based expense is enabled.
  • In the Workforce framework, rename one of the custom dimensions to “Project” and enable it
  • In the Financials framework, rename one of the custom dimensions to “Project” and enable it
  • In the Workforce framework, ensure that the granularity is at Employee or Employee and Job

Question 28

Question
Which two statements are true regarding the creation and management of business rules within the business process frameworks? (Choose two.)
Answer
  • The business process frameworks cannot use regular business rules – they must be scripted in Groovy
  • Custom business rules can be created for the business process frameworks
  • The pre-built framework business rules cannot be modified directly and saved
  • Custom business rules for the business process frameworks can only be created using the graphical designer

Question 29

Question
Which three are general methods for directly pushing data between cubes? (Choose three.)
Answer
  • Copy Data
  • Smart Push
  • Data Management
  • Import Data
  • Data Maps

Question 30

Question
To staff resources onto initiatives, which custom dimension is required in the Map/Rename Dimensions section?
Answer
  • Programs
  • Initiatives
  • Electives
  • Projects

Question 31

Question
Which two components can be installed on the administrator’s computer to support Planning and Budgeting Cloud (PBCS)? (Choose two.)
Answer
  • Strategic Modeling
  • Calculation Manager
  • EPM Automate
  • The Simplified User Interface

Question 32

Question
Which three security design principles can help reduce overall security maintenance and troubleshooting, while still balancing security control? (Choose three.)
Answer
  • Creating groups over assigning individual access permissions to users
  • Configuring single sign-on (SSO)
  • Assigning a higher-level role than necessary, then scaling back access permissions
  • Using inherited permissions
  • Assigning global read access to each cube, then fine-tuning none and write access within dimensional security

Question 33

Question
Which LCM Category is required to restore Essbase data?
Answer
  • Calculation Manager
  • Planning
  • Data Management
  • Groups and Memberships

Question 34

Question
To configure ‘Benefits & Taxes”, which dimension should new members be imported into?
Answer
  • Pay Type
  • Component
  • Account
  • Property

Question 35

Question
When loading Employee data into Workforce Business Process, which month should the data be loaded into?
Answer
  • &OEP_FcstMnth
  • &OEP_CurMnth
  • &OEP_StartMnth
  • &OEP_EndMnth

Question 36

Question
Which statement is true when configuring the Projects option?
Answer
  • If using the Projects option, then the Capital option and the Workforce option must be configured
  • If using the Projects option, there is no dependency with the Capital option.
  • If using the Projects option, then the Capital option must also be configured.
  • If using the Projects option, then the Capital option must also be configured, only if capital projects are enabled.

Question 37

Question
What client requirement aligns with using a custom BSO plan type alongside the Enterprise Planning and Budgeting Cloud (EPBCS) plan types?
Answer
  • Due to sparse dimensionality, Aggregation times are slow in EPBCS.
  • The client has 10 dimensions in the EPBCS application and needs to report at each intersection.
  • The client requires to plan by more dimensions than the framework allows.
  • The client would like to plan revenue by Product.
  • The Operations department requires a more granular level of detail than the Sales department.

Question 38

Question
What are four types of values that can be used in business rule run-time prompts? (Choose four.)
Answer
  • Smart Lists
  • Integer
  • Member or members
  • Dates by Numbers
  • Numbers
  • Substitution Variables
  • String
  • Text

Question 39

Question
What step is NOT required to calculate Merit dollars for each Employee within the Workforce framework?
Answer
  • Enter or Load a Merit Override Rate.
  • Enter or Load a Merit Month by employee.
  • Enter or Load a Performance Metric by employee.
  • Ensure there is a Merit Rate for each Performance Metric and component definitions have been updated
  • Execute the calculate Compensation Business Rule

Question 40

Question
Which year variable is NOT impacted by the Planning and Forecasting Preparation configuration step?
Answer
  • &OEP_CurYr
  • &OEP_YearRange
  • &OEP_YrlyFcstEnd
  • &OEP_FcstEndYr

Question 41

Question
If a user is having trouble accessing a specific intersection of data on a form that opens without error, which three actions can an administrator take to help troubleshoot the problem? (Choose three.)
Answer
  • Run a system report on Access Control
  • Confirm the user’s/group’s dimension access rights
  • Set Dimension Administration auditing within System Reports
  • Run Application Diagnostics

Question 42

Question
Which two options are true when implementing security in Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose two.)
Answer
  • Users are restricted from applications by removing application/module security
  • EPBCS roles can be assigned to members in all dimensions
  • The member that is set to read that has a parent with write access to all descendants will result in an access level of read
  • A user that is assigned read and write access to a member will result in write access

Question 43

Question
A user is new to creating business rules. Which two business rule features can help new users save time with pre-built components? (Choose two.)
Answer
  • Rule sets
  • Edit Script mode
  • Business rule templates
  • Business rule scripts
  • Designer mode

Question 44

Question
Which three are use cases for data maps? (Choose four.)
Answer
  • To push data from a planning cube to a reporting cube
  • To allow users to drill back to the data in a different cube
  • To integrate data between custom plan types and planning modules
  • To create a replicated partition between cubes
  • To integrate data between the planning modules

Question 45

Question
Which OEP_WFSC dimension is NOT configurable in Enterprise Planning and Budgeting Cloud (EPBCS)?
Answer
  • Job
  • Property
  • Union Code
  • Component

Question 46

Question
Which two statements are false? (Choose two.)
Answer
  • Business logic is often developed in Rules.
  • Users connect to Data Management to update their budget and forecast.
  • Dashboards are not available in PBCS
  • Approvals allows the business to approve changes and request updates to budget and forecast data.

Question 47

Question
Which two operations can be performed on the default navigation flow? (Choose two.)
Answer
  • It can be copied.
  • It can be renamed
  • It can be deleted.
  • It can be deactivated.

Question 48

Question
Which three can be automated with EPM Automate? (Choose three.)
Answer
  • Send an email to users
  • Run a Business Rule
  • Import a file into the EPBCS’s inbox
  • Import user security
  • Migrate a backup between test and production

Question 49

Question
A company has enabled the Revenue/Gross Margin, Expense, Income Statement, and Balance Sheet options within the Financials framework and has run through the configuration steps. Which are three recommended post configuration tasks? (Choose three.)
Answer
  • Defining and managing the Accounts and Drivers
  • Modifying account signage for alternate reporting methods
  • Entering exchange rates
  • Planning and Forecast preparation
  • Specifying days in period for driver-based Balance Sheet
  • Running Financials rules to aggregate and calculate the data

Question 50

Question
Is the sequence of steps for enabling each business process framework?
Answer
  • Enable the framework, refresh the database
  • Enable the framework, configure the framework, run post configuration tasks
  • Configure the framework, refresh the database
  • Run pre configuration tasks, enable the framework, configure the framework

Question 51

Question
Which Smart Push option would allow a user to push data to another cube after manually saving the form?
Answer
  • Use form context
  • Run after save
  • Run form rules on autosave
  • Overwrite selection

Question 52

Question
What would be the recommended Enterprise Planning and Budgeting Cloud (EPBC) cube architecture for a company wanting to enable the Financials and Capital frameworks, as well as create a Detailed Sales Forecasting cube with complex allocations and calculations, corresponding sales reporting cube, and consolidated reporting cube?
Answer
  • 2 BSO cubes (1 required for the frameworks + 1 custom BSO cube), 2 ASO cubes
  • 3 custom BSO cubes, 2 ASO cubes
  • 3 BSO cubes (1 required for the frameworks + 2 custom BSO cubes), 2 ASO cubes
  • 3 BSO cubes (2 required cubes + 1 custom BSO cube), 2 ASO cubes

Question 53

Question
Which two statements are true about EPM Automate functions? (Choose two.)
Answer
  • Copy snapshot must use an encrypted password file
  • Downloading a file with only a file name looks to the Inbox folder
  • Deletepov removes data from a reporting application
  • Resetservice deletes and resets the PBCS instance

Question 54

Question
Which three items would be an appropriate use case for “Data Management” in Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose three.)
Answer
  • An organization requires the ability to provide “Drill-back” capabilities.
  • An organization requires the ability to load data to their application via flat files.
  • An organization requires the ability to build dimension hierarchies
  • An organization requires the ability to process data from multiple chart of accounts
  • An organization requires the ability to map data from multiple chart string segments to a single dimension

Question 55

Question
Which three parameters might be included when executing a REST Request? (Choose three.)
Answer
  • URL
  • Response Type
  • Payload
  • Content Type
  • Post Type

Question 56

Question
Which three are traits of the Sandboxes feature?
Answer
  • Sandboxes can be enabled at the application level only
  • Sandboxes can be enabled for BSO and ASO cubes
  • Planners can have multiple sandboxes
  • Planners can immediately see the effect of their changes
  • When working in a sandbox, planners can add members

Question 57

Question
Which two Essbase options can be changed in PBCS? (Choose two.)
Answer
  • The default caches
  • The default CalcTaskDims
  • Aggregate missing values
  • Two-Pass Calculation

Question 58

Question
Which two client requirements align with using an ASO plan type alongside the Enterprise Planning and Budgeting Cloud (EPBCS) plan types? (Choose two.)
Answer
  • Due to sparse dimensionality, Aggregation times are slow in EPBCS.
  • The client would like to plan revenue by Product and Services dimensions.
  • The client would like to report the results of the allocation process by Entity.
  • The client would like to store 10 years of actual history for reporting purposes but only requires prior year history for planning purposes
  • The client has 10 dimensions in the EPBCS application and needs to report at each intersection.

Question 59

Question
Which statement is true when executing a Lifecycle Management migration? Choose the best answer.
Answer
  • Restoring Essbase data from a snapshot will remove any data that doesn't exist in the backup.
  • Importing Dimensions will remove members that do not exist in the snapshot.
  • Selected slices of data can be imported into Essbase.
  • All forms that do not exist in the snapshot will be deleted.

Question 60

Question
When configuring expenses for driver and trend based calculations, which Action is NOT available for configuration?
Answer
  • Add Predefined Member
  • Add
  • Add Item
  • Add Expense Account

Question 61

Question
Which data maps are used to move data from OEP_WFP to OEP_REP? (Choose three).
Answer
  • Headcount Data for Reporting
  • Compensation Data for Reporting
  • FTE Data for Reporting
  • Non Compensation Data for Reporting

Question 62

Question
Which two items are NOT provided as configurable in Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose two.)
Answer
  • Capital
  • Public
  • Financial Close
  • Financials
  • Strategic Modeling

Question 63

Question
Which item lists the available types of mapping in Data Management?
Answer
  • Explicit, Range, In, MultiDim, As
  • Explicit, Between, In, MultiDim, Like
  • Explicit, Range, In, Ignore, Like
  • Explicit, Range, In, MultiDim, Like

Question 64

Question
When enabling a business process framework, custom dimensions can be added by taking which action?
Answer
  • Renaming a dimension in the Map/Rename Dimensions section during enablement
  • Creating a new dimension through the Application Overview area
  • Adding a new dimension by loading it in Data Management
  • Adding a new dimension to the cube through the Create and Manage Dimensions area

Question 65

Question
Several users continuously use custom-created formulas in Excel to supplement their Planning form inputs. What is another design alternative to reduce offline Excel maintenance?
Answer
  • Ad Hoc Forms
  • Reports
  • Smart Forms
  • Cell commentary
  • Smart Push

Question 66

Question
Which two operations can be completed in calculation manager? (Choose two.)
Answer
  • View and kill requests
  • Delete a reporting application
  • Restructure a planning application
  • Create planning applications

Question 67

Question
Which two Jobs in Planning and Budgeting Cloud (PBCS) can be scheduled? (Choose two.)
Answer
  • Executing Data Maps
  • Import Data
  • Executing a Data Management process
  • Restarting the PBCS instance

Question 68

Question
Which three accounts leverage the component Dimension for driver and trend based calculations? (Answers not verified, do research on your own)
Answer
  • Cash Flow
  • Revenue
  • Expense
  • Balance Sheet

Question 69

Question
Which two options can be content within a report? (Choose two.)
Answer
  • Task lists
  • Data entry forms
  • Images
  • Grids

Question 70

Question
When loading Salaries into Workforce, which Property should the values be loaded to?
Answer
  • OWP_Gross Earnings
  • OWP_Expense Amount
  • OWP_Salary Basis
  • OWP_Value

Question 71

Question
Which artifact cannot be imported via a flat file?
Answer
  • Supporting Detail
  • Dimensions
  • Smart Lists
  • Exchange Rate Tables

Question 72

Question
What are two use cases for converting from Planning and Budgeting Cloud (PBCS) to Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose two.)
Answer
  • The ability to directly integrate with Enterprise Performance Reporting Cloud (EPRCS).
  • The ability to leverage out of the box frameworks, like Financials and Projects.
  • The ability to utilize a fully integrated application, with shared metadata and direct data flows between plan types.
  • The ability to use Data Management.
  • The ability to directly integrate with on-premise Hyperion Planning.

Question 73

Question
Which two scenario configuration options are available within the Planning and Forecasting preparation area? (Choose two.)
Answer
  • Configure the Long Range Planning scenario Annually
  • Configure the Actual scenario for years 1 through 3 Monthly
  • Configure the Forecast scenario for years 1 through 3 Monthly, and Years 6 thru 10 Annually
  • Configure the Plan scenario for years 1 through 3 Bi-Weekly
  • Set the Current Month

Question 74

Question
A company has enabled the Financials business process and now would like to make changes to the initial configuration. Which three changes can be made after the initial setup of the Financials framework? (Choose three.)
Answer
  • Disabling already enabled features
  • Enabling Rolling Forecast
  • Enabling Income Statement
  • Enabling Expense
  • Removing custom dimensions
  • Adding custom dimensions

Question 75

Question
Which two are NOT true with a Planning and Budgeting Cloud (PBCS) application? (Choose two.)
Answer
  • Three custom planning applications can be Initialized
  • Four custom reporting applications can be initialized
  • Approvals is not included
  • Groovy calculations are available

Question 76

Question
A company wants to remove existing level zero data before allocating data back down to those same members. Which two graphical designer objects will help achieve this calculation process? (Choose two.)
Answer
  • Member Block
  • Clear Data
  • Allocation
  • Amount-Unit-Rate
  • Copy Data

Question 77

Question
If a user needs to be able to perform application administration, as well as assign user security in Enterprise Planning and Budgeting Cloud (EPBCS), which two global roles would need to be assigned to them? (Choose two.)
Answer
  • Service Administrator
  • Identity Domain Administrator
  • Approvals Administrator
  • System Administrator

Question 78

Question
Which Substitution Variables are used in the ‘Process Loaded Data’ Business Rule?
Answer
  • &OEP_CurMnth, &OEP_CurYr, &OEP_YearRange
  • &OEP_FcstMnth, &OEP_FcstYr, &OEP_FcstEndYr
  • &OEP_PlanMnth, &OEP_PlanYr, &OEP_PlanRange
  • &OEP_LoadMnth, &OEP_LoadYr, &OEP_LoadRange

Question 79

Question
When calculating a tiered type of tax, what should be the selected ‘Maximum Value Type’?
Answer
  • Threshold Amount
  • Percentage of Taxable Earnings
  • Percentage of Salary
  • Flat Amount
  • Percentage of Overall Earnings

Question 80

Question
A company wants to enable Cash Flow within the Financials framework using a derived method based on Operating, Investing, and Financing activities. Which four options must be enabled to properly configure the Cash Flow Statement this way? (Choose four.)
Answer
  • Balance Sheet
  • Cash Flow Statement
  • Direct Method
  • Indirect Method
  • Income Statement
  • Expense

Question 81

Question
What is the difference between Financials and Strategic Modeling? (Choose the best answer.)
Answer
  • There is not a technical difference, both do essentially the same thing
  • Ownership Contributions and Consolidations are out of the box in Financials
  • Strategic Modeling is broader in focus and used for long range planning
  • Financials is more summarized than Strategic Modeling

Question 82

Question
Which two tasks can be scheduled as a job in Planning? (Choose two.)
Answer
  • Import or export data
  • Create snapshots
  • Promote a Planning Unit
  • Execute Data Maps

Question 83

Question
What does a navigation flow allow you to do? Choose the best answer.
Answer
  • Promote a plan to your supervisor
  • Display report variances by geography
  • Run multiple business rules in a predetermined sequence
  • Customize the clusters and cards that a user can access

Question 84

Question
In order to be able to configure Additional Earnings in the Benefits and Taxes wizard, into which dimension do you have to import members? Choose the best answer.
Answer
  • Pay Type
  • Property
  • Component
  • Account

Question 85

Question
In Strategic Modeling Simulations, which probability distribution describes many phenomena such as returns on equity or assets, inflation rates, or currency fluctuations? (Choose the best answer.)
Answer
  • Normal
  • Lognormal
  • Triangular
  • BetaPERT
  • Uniform

Question 86

Question
After loading Workforce data from external systems, which statement describes actions you can take to make adjustments to loaded data and then calculate compensation expenses? Choose the best answer.
Answer
  • In Workforce, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
  • Change loaded salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.
  • Change loaded benefit information in Workforce such as options for medical benefits and then launch the compensation data business rule to calculate the updated benefit data.
  • In Workforce, if you change both the selected benefit option and the rate, when compensation expenses are calculated, the value will be based on the benefit option's default value.

Question 87

Question
Which three statements are TRUE for Sandboxes? (Choose three.)
Answer
  • After you enable sandboxes for a cube, you can later disable that option.
  • You can enable sandboxes for all Planning cubes and Reporting cubes.
  • If you enable sandboxes for a cube, Version members have the Enable Sandboxes option.
  • You can enable sandboxes only in Planning cubes and for custom cubes created in module-based Planning, not for Reporting cubes.
  • After you enable sandboxes for a cube, you can't later disable that option.

Question 88

Question
Which two are benefits of enabling Use Database Suppression in Smart Push? (Choose two.)
Answer
  • It automatically merges comments, attachments, and supporting detail when mapping a cube for reporting.
  • It helps eliminate the impact on query thresholds and improving wait times.
  • It allows you to continue using the application while Smart Push runs in the background.
  • It enables you to apply row suppression at the database level instead of the application level.

Question 89

Question
Whenever you change dimensionality in a target cube, what action on the Data Maps page must you take to ensure that you see metadata changes immediately? (Choose the best answer.)
Answer
  • Select the corresponding data map, and Refresh the Database.
  • Select the corresponding data map, and execute the Synchronize Defaults Business.
  • Select the corresponding data map, and Synchronize to refresh the data.
  • Select the corresponding data map, and execute the Synchronize Components Business Rule.

Question 90

Question
In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
Answer
  • Monthly, Quarterly, or Semiannually
  • After Completion
  • When Paid
  • When Billed

Question 91

Question
In Financials, you want to see asset related expenses such as depreciation, amortization, and insurance. Which describes the steps you can take to set this up? (Choose the best answer.)
Answer
  • Set up the Equipment Expense Reporting Capex data map to map asset related expenses to Financials.
  • On the Configure page for Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.
  • On the Configure page for Financials, when enabling features, include a custom dimension to store asset related information.
  • On the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.

Question 92

Question
Which card allows you to enable modules? (Choose the best answer.)
Answer
  • Valid Intersections
  • Data Maps
  • Overview
  • Settings
  • Configure

Question 93

Question
Which two statements are true regarding the creation and management of business rules in module-based Planning? (Choose two.)
Answer
  • Pre-defined business rules for modules may be modified, but may be ignored after an application upgrade.
  • Custom business rules for modules can only be created using the graphical designer.
  • Custom business rules can be created for each module.
  • Modules cannot use regular business rules. Instead, they must be scripted using Groovy.

Question 94

Question
Which option is true when implementing access permissions in Planning? (Choose the best answer.)
Answer
  • Users and groups are restricted from accessing applications by removing custom application and plan-type security
  • A member that is set to read that has a parent with write access to all descendants will result in an access level of read
  • Planning roles can be assigned to members in all dimensions in all modules in the application

Question 95

Question
Which three are benefits of using EPM Enterprise Cloud Service over EPM Standard Cloud Service? (Choose three.)
Answer
  • Enable pre-seeded configurable content including dimensions, models, forms, rules, dashboards, infolets, and reports for Strategic Modeling
  • With Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files
  • Custom Planning, which allows a high degree of business process customization to support business requirements
  • Use of the Groovy scripting language to create or customize business rules
  • Deploy more than one supported business process in the same instance

Question 96

Question
What three actions can you perform on the data displayed in the Data Integration Workbench? (Choose three.)
Answer
  • Re-register or modify the data source system
  • Open loaded data in Microsoft Excel
  • Apply a filter using Equal and a specific value
  • Apply a filter using Contains and a specific value
  • Drill-through to source from specified data cells

Question 97

Question
In porting data from a BSO plan type to an ASO plan type, which method cannot be utilized? Choose the best answer.
Answer
  • Smart Push
  • Data Maps
  • XWRITE business rule
  • Export/Import Capabilities

Question 98

Question
What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
Answer
  • Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
  • Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
  • Enable the input option for upper level time periods when you add time detail.
  • Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
  • Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.

Question 99

Question
What are the two primary use cases for an ASO reporting cube? (Choose two.)
Answer
  • You want to create and execute Calculation Manager business rules
  • You want to report on Smart Lists in Planning, which you can't do in Planning
  • You want to report on new Planning data originating from any source, such as a data warehouse
  • You want to create, maintain, and report on Attribute dimensions

Question 100

Question
To assign Workforce resources to initiatives, which default custom dimension is required in the Map/Rename Dimensions section? (Choose the best answer.)
Answer
  • Project
  • Program
  • Elective
  • Measure

Question 101

Question
Which two roles can be set for Strategic Modeling? Choose two.
Answer
  • Analyst
  • Forecaster
  • Planner
  • Modeler

Question 102

Question
What is the purpose of selecting the Project Benefits option when enabling Projects? (Choose the best answer.)
Answer
  • To track the Workforce expense benefits calculated on each Contract project
  • To plan detailed project revenue for Contract projects
  • To help justify the need for projects and plan non-financial benefits
  • To plan detailed project expenses for projects

Question 103

Question
In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)
Answer
  • To copy data from an aggregate storage database to a block storage database
  • To copy data from a block storage database to an aggregate storage database
  • To execute scripts that complete tasks using a scheduler
  • To import and export metadata, data, artifacts and snapshots
  • To promote financial plans to the next level in the approval hierarchy Copy data from one database to another; typically, from a block storage database to an aggregate storage database. You can create scripts that are capable of completing a wide array of tasks and automate their execution using a scheduler. Import and export metadata, data, artifact and application snapshots, templates, and Data Management mappings.

Question 104

Question
In Data Management, what are the steps you need to perform to synchronize the application metadata in the target application? (Choose the best answer.)
Answer
  • In Data Management, navigate to Application Dimensions and click Refresh Dimensions.
  • In Data Management, navigate to Import Format and select your Planning application. Click Refresh Dimensions.
  • In Data Management, navigate to Target Application and select your Planning application. Click Refresh Members.
  • In Data Management, to Target Application and select your Planning application. Click Refresh Metadata.

Question 105

Question
You want to move financial information from Projects to Financials for account level data. Which describes the action you can take to accomplish this? (Choose the best answer.)
Answer
  • In data maps, push data for the predefined Financial Statement Integration.
  • Rollup project data which pushes data to Financials based on account mappings.
  • On the Financials Integration Summary form, from the Actions menu, select PFP Detail to calculate project data.
  • In Financials, run the Financials Integration business rule to update data from Projects.

Question 106

Question
You want to share detailed benefits data from Workforce with Financials. Which statement describes the steps you must take? Choose the best answer.
Answer
  • Enable and configure Financials, and Workforce. When enabling Workforce, create a custom Benefits dimension to map the data to. Then for the Financial Statement Integration data map, synchronize and push the data.
  • Enable and configure Financials and Workforce. Then in the Workforce Benefits and Taxes wizard, select a financial account to map the benefit to. For Compensation Data, synchronize and run the data map.
  • Enable and configure Financials, and Workforce. When enabling Financials, create a custom Benefits dimension to map the data to. On the Financials Integration Summary form, run Calculate Compensation to update the Workforce data.
  • Enable and configure Financials, and Workforce. Then to capture Workforce expenses for employees, enable Standard Rates from Workforce. For the Compensation Data for Reporting data map, synchronize then push the data.

Question 107

Question
How do you add custom dimensions when you enable features? (Choose the best answer.)
Answer
  • By adding a new dimension with Data Management
  • By adding a new dimension to the cube in Create and Manage Dimensions
  • By renaming a dimension in Map/Rename Dimensions
  • By creating a new dimension in Application Overview

Question 108

Question
Which time period allows you to collect the most recent number of time periods and measure business performance over a specific time duration? (Choose the best answer.)
Answer
  • Deal Period
  • Sub Period
  • Trailing Period
  • Base Period
  • Periods-to-Date

Question 109

Question
A company has enabled and configured Financials. Which are three recommended post configuration tasks? (Choose three.)
Answer
  • Entering exchange rates
  • Defining and managing the accounts and drivers
  • Specifying days in period for driver-based Balance Sheet
  • Running Financials rules to aggregate and calculate the data
  • Setting Up Planning and Forecast Preparation
  • Modifying account signage for alternate reporting methods

Question 110

Question
Which three are predefined Workforce business rules? (Choose three.)
Answer
  • Transfer
  • Plan Departure
  • Promote Employee
  • Change Job
  • Remove Existing Employee

Question 111

Question
In Strategic Modeling Simulations, what are the three guidelines for selecting the appropriate probability distribution? (Choose three.)
Answer
  • Select the distribution where the conditions of the distribution match those of the input.
  • Randomly generate a range of values for assumptions and enter best guess estimates one cell at a time.
  • Evaluate the input in question, and list the conditions surrounding this input.
  • Review the descriptions of the probability distributions.
  • Use the Monte Carlo method to best guess your probability distribution options based on a range of assumptions.

Question 112

Question
In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)
Answer
  • Project rates
  • Standard rates
  • Discount rates
  • Program mappings
  • Plan start year
  • Working days and hours

Question 113

Question
Which statement describes infolets? Choose the best answer.
Answer
  • Infolets help you personalize focused data slices that you frequently use for analysis.
  • Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.
  • Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
  • Infolets help you organize, track, and prioritize your workload.

Question 114

Question
Which two are supported funding methods in Strategic Modeling? (Choose two.)
Answer
  • Target Capital Structure funding method
  • Standard funding method
  • Proposed Projects funding method
  • Employee-based funding method

Question 115

Question
Which three describe the supported rolling forecast time periods in Financials? (Choose three.)
Answer
  • 4, 6, or 8 quarters
  • 4, 12, 36 weeks
  • 1, 2, 4, 5 years
  • 13, 26, or 52 weeks
  • 12, 18, 24, 30, 36, 48, or 60 months

Question 116

Question
Which describes Strategic Modeling? Choose the best answer.
Answer
  • Used to evaluate financial scenarios and perform financial impact analysis.
  • Used to evaluate how assets and resources related to corporate initiatives are allocated
  • Used primarily for balance sheet planning
  • Used to develop plans and forecasts and generate core financial statements

Question 117

Question
What two form validation rules options are supported in Planning? (Choose two.)
Answer
  • When enabled, execute validations associated with the form for all users regardless of access rights when validating the Approval unit.
  • When enabled, all validations are run as the administrator and applied to the form members.
  • When enabled, the user variable for the approval dimension on the form will be replaced by the approval unit member before the validations are run.
  • When enabled, the system figures out which page combinations have potential data blocks and runs the validations regardless of those page combinations.
  • When enabled, the form will be validated multiple times by replacing the user variable from the approval unit dimension with every possible value.

Question 118

Question
If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)
Answer
  • Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.
  • You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
  • You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
  • You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.
  • You can perform calculations using existing rules, and plan using existing forms and dashboards.
  • You input or import your own accounts for each enabled feature.

Question 119

Question
Revenue planned in Projects is rolled up into Financials for contract projects. How must you set up the modules to share the data? Choose the best answer.
Answer
  • To capture Project revenue, enable Standard Rates from Projects.
  • When enabling Financials, create a custom Project dimension to map the data to.
  • In Projects, select an entity and map revenue accounts to Financials accounts for that entity.
  • Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.

Question 120

Question
Which REST API method would be used to execute a job in Planning? (Choose the best answer.)
Answer
  • POST
  • EXECUTE
  • GET
  • PUT

Question 121

Question
Which three do you need to enable in order to perform indirect cash flow statement planning? (Choose three.)
Answer
  • Expense
  • Cash Flow Statement
  • Income Statement
  • Balance Sheet
  • Revenue

Question 122

Question
If the HSP_VIEW dimension exists in the cube, what feature has been enabled? (Choose the best answer.)
Answer
  • Rolling Forecast
  • Intercompany Eliminations
  • Multicurrency
  • Sandboxes

Question 123

Question
After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)
Answer
  • If an existing employee was omitted from the load file, you can add that existing employee in Workforce. Then assign properties and compensation options for that employee.
  • To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.
  • If an existing employee was not loaded from the load file, you won't be able to add their compensation information before first adding them to the source system and reloading the file.
  • Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.
  • To override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.

Question 124

Question
Which two clients or command line tools can you download from Planning? (Choose two.)
Answer
  • Data Management
  • EPM Automate
  • Strategic Modeling Smart View add-on
  • Calculation Manager

Question 125

Question
Which three describe what you can do with Valid Intersections? (Choose three.)
Answer
  • Specify that certain programs are valid only for some periods or departments.
  • Restrict cells containing invalid data, setting them to a read-only state within forms.
  • Filter cell intersections to users when they enter data or select runtime prompts
  • Prevent the user from executing any type of Calculation Manager rule that uses runtime prompts
  • Allow all users to select from a non-filtered list of members on the form's point of view
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