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Q1.

You want to develop your forecast with Forms 2.0. Which statement about Forms 2.0 setup is true?

Answer: D, D

See the explanation below.

In Oracle Planning 2024 Implementation, Forms 2.0 represents an enhanced version of the form design and functionality framework compared to Forms 1.0. To develop forecasts using Forms 2.0, existing forms must be transitioned from the older version to the newer one, as they are not automatically compatible or universally enabled.


Q2.

Which statement describes infolets?

Answer: C

See the explanation below.

In Oracle Planning 2024 Implementation, infolets are a feature designed to provide users with quick, visual insights into critical business data. They are not full dashboards, task management tools, or process control mechanisms, but rather compact, high-level representations of aggregated information.

C . Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information: This statement accurately describes infolets. They are visual tiles or widgets that display summarized data (e.g., KPIs, trends) to help users grasp key business insights at a glance. Infolets are typically found on the home page or navigation clusters and are customizable to highlight specific metrics relevant to the user's role or application.

A . Infolets are predefined dashboards that give you insight into the overall project financials and expense and revenue metrics: While infolets provide insights, they are not full 'predefined dashboards.' Dashboards are more comprehensive, whereas infolets offer concise, targeted views of data.

B . Infolets help you organize, track, and prioritize your workload: This describes task management or navigation features (e.g., task lists), not infolets, which focus on data visualization rather than workload management.

D . Infolets give business process designers control over how various roles or groups interact with a business process: Infolets are not about process design or role interaction; they are about displaying data, not controlling processes.

E . Infolets are a form type that provides flexible row management where dimension and member row cells and all data cells are unprotected: Infolets are not a form type; they are separate from forms and focus on visualization, not data entry or row management.

Reference

Oracle Enterprise Performance Management Cloud Documentation: 'Using Infolets' (docs.oracle.com, updated 2024). Describes infolets as 'visual overviews of high-level, aggregated information to quickly analyze data and answer business questions.'

Oracle Planning 2024 Implementation Study Guide: Defines infolets as tools for presenting summarized data visually for quick analysis.


Q3.

You want to allocate project expenses to one or more capital assets.

Which two statements describe what you need to set up in Projects or Capital to share the data?

Answer: B, D

See the explanation below.

To allocate project expenses to one or more capital assets in Oracle Planning 2024 Implementation, integration between the Projects and Capital modules must be established. Two specific setup steps are required to enable this data sharing:

B . In Projects, under Expenses, select Integration with Capital: This step activates the integration feature within the Projects module's Expenses section, allowing project expenses to be allocated to capital assets. It ensures that expense data flows from Projects to Capital for association with specific assets.

D . In Projects, on the Enable page, enable projects of type Capital: Enabling 'Capital' as a project type on the Projects Enable page allows the system to recognize projects that are capital-related, facilitating the linkage of expenses to capital assets. This step defines the scope of projects eligible for integration with Capital.

A . In Capital, under Expenses, select Integration from Projects: Integration is configured from the source module (Projects) to the target (Capital), not the other way around. Capital receives data but does not initiate the integration.

C . In Capital, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Project: Adding a custom dimension in Capital is unnecessary for this integration. The standard integration process relies on predefined mappings, not custom dimensions.

Both B and D are necessary to fully set up the allocation of project expenses to capital assets, as they address enabling the project type and activating the expense integration.

Reference

Oracle Enterprise Performance Management Cloud Documentation: 'Administering Projects -- Integration with Capital' (docs.oracle.com, updated 2024). Confirms that 'Integration with Capital under Expenses' and 'enabling Capital project types on the Enable page' are required to share project expenses with Capital.

Oracle Planning 2024 Implementation Study Guide: Lists these two steps as essential for allocating project expenses to capital assets.


Q4.

You want to include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting. Which statement describes what you need to set up in Financials or Capital to share the data?

Answer: A

See the explanation below.

To include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting within Oracle Planning 2024 Implementation, integration between the Capital and Financials modules is required. The correct setup involves enabling integration from the Capital module to share expense data with Financials.

A . In Capital, for Expense, enable Integration with Financials: This option activates the integration feature in the Capital module under the Expense section, allowing asset-related expenses (e.g., depreciation, amortization, insurance) to be automatically pushed to Financials. Once enabled, Capital maps these expenses to the appropriate Financials accounts, ensuring seamless reporting. This is the standard method outlined in Oracle documentation for sharing Capital data with Financials.

B . In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets: Adding a custom dimension in Financials is not the correct approach for integrating Capital expenses. Custom dimensions are for extending dimensionality, not for enabling data sharing between modules.

C . In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials: While account mapping is part of the integration process, it is a subsequent step that occurs after enabling integration. The primary action is enabling the integration itself, not just mapping accounts.

D . In Financials, in the Asset Expenses Wizard, map each component to a Financials account: There is no 'Asset Expenses Wizard' in Financials for this purpose. The integration is driven from Capital, not through a wizard in Financials.

Reference

Oracle Enterprise Performance Management Cloud Documentation: 'Administering Capital -- Integration with Financials' (docs.oracle.com, updated 2024). Specifies that 'enabling Integration with Financials under Expenses in Capital' is required to share depreciation, amortization, and insurance expenses.

Oracle Planning 2024 Implementation Study Guide: Notes that enabling integration from Capital's Expense section is the key step for including asset-related expenses in Financials reporting.


Q5.

In Workforce, you want to set a date by which existing employees must be hired to be eligible to receive merit. You also want to specify the month in which merit should start.

Which option should you enable for this?

Answer: B

See the explanation below.

In Oracle Planning 2024 Implementation's Workforce module, configuring merit-related settings for employees involves specifying eligibility criteria and timing, such as a hire date cutoff for existing employees to receive merit increases and the month when merit adjustments begin. The Merit Assumptions option is the correct choice for this purpose.

B . Merit Assumptions: This feature allows administrators to define merit-related parameters, including the 'hire by' date (the date by which employees must be hired to be eligible for merit) and the 'merit start month' (the month when merit increases take effect). It provides a centralized way to set these assumptions, ensuring they are applied consistently across the workforce plan.

A . Workforce Assumptions: This option covers broader workforce settings (e.g., default hire dates, salary assumptions), but it does not specifically address merit eligibility or timing details like hire-by dates or merit start months.

C . Merit Rates: This pertains to defining the percentage or amount of merit increases, not the eligibility dates or start month for merit application.

D . Merit Month: While this might seem relevant, 'Merit Month' is not a standalone option in Workforce. It is a setting typically configured within Merit Assumptions, not an independent feature.

The Merit Assumptions option is explicitly designed to handle these merit-specific configurations, making it the most suitable choice.

Reference

Oracle Enterprise Performance Management Cloud Documentation: 'Administering Workforce -- Merit Assumptions' (docs.oracle.com, updated 2024). States that 'Merit Assumptions allow setting the hire-by date for merit eligibility and the merit start month.'

Oracle Planning 2024 Implementation Study Guide: Confirms that Merit Assumptions is used to specify eligibility criteria and timing for merit increases in Workforce.


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