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Oracle Planning 2025 Implementation Professional Sample Questions (Q109-Q114):

NEW QUESTION # 109
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, create a new insight by leveraging templates that include insight definitions.
B. For future data, first run predictions in a test environment to ensure there is no impact on production 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.
D. For historical data, there should be at least twice the amount of historical data as the number of prediction periods.

Answer: B,D

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 # 110
Which three principles of assigning permissions to artifacts, rules and folders are valid?

A. Users who are assigned permissions to a folder can access the items in that folder, unless they are assigned.
B. Users and Power Users have Write permissions to all dimension members and to all artifacts.
C. Users and Power Users can work only with members to which they have permissions.
D. Users and Power Users can design artifacts.

Answer: A,C,D

NEW QUESTION # 111
After enabling and configuring Financials, which of the following is a recommended post-configuration task?

A. Map and rename custom dimensions in Financials that will be used to integrate with other modules
B. Disable features that you do not plan to use
C. Plan headcount and detailed employee compensation by employee, job code, or both
D. Specify the days in Period and to modify account signage for alternate reporting methods

Answer: A

Explanation:
After enabling and configuring the Financials module in Oracle Planning 2024, post-configuration tasks are recommended to optimize its functionality and integration. The most relevant task among the options is:
* A. Plan headcount and detailed employee compensation by employee, job code, or both: Incorrect. This is a Workforce module task, not a post-configuration task for Financials, which focuses on revenue, expenses, and financial statements, not employee-level planning.
* B. Specify the days in Period and to modify account signage for alternate reporting methods: Incorrect.
While period setup occurs during initial configuration (e.g., Planning and Forecast Preparation), modifying account signage or days in periods is not a recommended post-configuration task-it's either part of initial setup or an ad-hoc adjustment.
* C. Map and rename custom dimensions in Financials that will be used to integrate with other modules:
Correct. Post-configuration, mapping and renaming custom dimensions (e.g., Department, Product) ensures seamless integration with other modules like Workforce or Projects. This task aligns dimensions across the application, a common best practice after enabling Financials.
* D. Disable features that you do not plan to use: Incorrect. Disabling features is not a typical post- configuration task; features are enabled/disabled during initial configuration via the Configure card, not as a follow-up step.
The Oracle documentation highlights mapping custom dimensions as a recommended post-configuration task to facilitate data integration and reporting, making C the correct answer.
References:
Oracle Planning 2024 Implementation Study Guide: "Post-Configuration Tasks for Financials" (docs.oracle.
com, Published 2024-09-20).
Oracle EPM Cloud Documentation: "Configuring Financials and Integration" (docs.oracle.com, Published
2023-11-10, updated for 2024).

NEW QUESTION # 112
Which three application types can you create and edit Groovy Rules?

A. Reports
B. Module (Enterprise)
C. Custom
D. FreeForm
E. Hybrid

Answer: B,C,D

NEW QUESTION # 113
Which statement describes Strategic Modeling?

A. It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities.
B. It is used to model the flow of data by defining strategic rules for sharing data between modules.
C. It is used to strategically manage and analyze finances at any business level with built-in dashboards.
D. It is used to develop driver-based strategic plans and generate core financial statements.

Answer: A

Explanation:
Strategic Modeling in Oracle Planning 2024 is a module designed to enable rapid modeling and evaluation of financial scenarios, such as mergers, acquisitions, or long-term strategic plans. It provides a flexible framework for simulating "what-if" scenarios and includes out-of-the-box treasury capabilities, such as cash flow forecasting, debt scheduling, and interest rate calculations, which are critical for strategic financial planning.
* A. It is used to model the flow of data by defining strategic rules for sharing data between modules:
Incorrect. This describes data integration (e.g., via data maps), not Strategic Modeling, which focuses on scenario analysis.
* B. It is used to develop driver-based strategic plans and generate core financial statements: Incorrect.
While it supports driver-based planning, generating core financial statements is more aligned with the Financials module, not Strategic Modeling's primary focus.
* C. It is used to strategically manage and analyze finances at any business level with built-in dashboards:
Incorrect. This is too broad and aligns more with the overall Planning application, not specifically Strategic Modeling.
* D. It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities: Correct. This matches the module's purpose of rapid scenario modeling and its treasury- related features.
The Oracle documentation highlights Strategic Modeling's role in scenario analysis and its treasury tools, making D the accurate description.
References:
Oracle Planning 2024 Implementation Study Guide: "Overview of Strategic Modeling" (docs.oracle.com, Published 2024-09-25).
Oracle EPM Cloud Documentation: "Strategic Modeling Features" (docs.oracle.com, Published 2023-10-25, updated for 2024).

NEW QUESTION # 114
......

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Oracle Planning 2025 Implementation Professional Sample Questions (Q109-Q114):

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