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Oracle Planning 2024 Implementation Professional Sample Questions (Q22-Q27):

NEW QUESTION # 22
Which two types of Groovy Rules are supported by Oracle?

A. Pure Groovy rules that can perform data validations and cancel the operation if the data entered violates company policies
B. Rules that overwrite member formulas that combine operators and calculation functions, and perform calculations on members in Dimension Editor
C. Rules that dynamically calculate data and perform validation checks in tile charts and infolets
D. Rules that can dynamically generate calculation scripts at run time based on contexts such as runtime prompts, the POV, the current grid, and so on

Answer: A,D

Explanation:
In Oracle Planning 2024, Groovy Rules enhance business logic flexibility. Oracle supports two main types of Groovy Rules:
* A. Rules that overwrite member formulas that combine operators and calculation functions, and perform calculations on members in Dimension Editor: Incorrect. Groovy Rules do not overwrite member formulas in the Dimension Editor; they operate at runtime and are defined in the Rules editor, not as static dimension overrides.
* B. Rules that can dynamically generate calculation scripts at run time based on contexts such as runtime prompts, the POV, the current grid, and so on: Correct. Oracle supports Groovy Rules that generate dynamic calc scripts based on runtime contexts (e.g., POV, grid data, prompts), enabling adaptive calculations.
* C. Pure Groovy rules that can perform data validations and cancel the operation if the data entered violates company policies: Correct. Pure Groovy Rules can validate data (e.g., checking ranges or policies) and cancel operations (e.g., via exceptions), a key feature for enforcing business rules.
* D. Rules that dynamically calculate data and perform validation checks in tile charts and infolets:
Incorrect. Groovy Rules operate on cubes and forms, not directly within tile charts or infolets, which are UI elements driven by underlying data, not rule execution points.
The Oracle documentation confirms B (dynamic script generation) and C (data validation) as supported Groovy Rule types, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Groovy Rules in Planning" (docs.oracle.com, Published 2024-10-15).
* Oracle EPM Cloud Documentation: "Supported Groovy Rule Types" (docs.oracle.com, Published 2023-
11-20, updated for 2024).

NEW QUESTION # 23
You want to set up weekly planning for 18 continuous months.
Which three options need to be selected when initially enabling features in Financials?

A. Custom Periods
B. Weeks to Months Mapping
C. Time Frame Granularity
D. Rolling Forecast
E. Weekly Planning

Answer: B,D,E

Explanation:
To set up weekly planning for 18 continuous months in Oracle Planning 2024's Financials module, specific options must be selected when initially enabling features via the Configure card. The three required options are:
* A. Time Frame Granularity: Incorrect. This is not a specific option in the Enable Features page; granularity (e.g., weeks) is controlled by Weekly Planning, not a separate setting.
* B. Rolling Forecast: Correct. Enabling Rolling Forecast allows planning over a continuous 18-month horizon, dynamically updating as time progresses, which aligns with the requirement for ongoing weekly planning.
* C. Weeks to Months Mapping: Correct. This option defines how weekly data rolls up into monthly totals, essential for reporting and analysis over the 18-month period in a weekly planning setup.
* D. Weekly Planning: Correct. Enabling Weekly Planning sets the periodicity to weeks instead of months, allowing budgeting and forecasting at a weekly level for the 18 months.
* E. Custom Periods: Incorrect. Custom Periods allow defining non-standard time periods, but they are not required for weekly planning over 18 months-Weekly Planning and standard calendar setups suffice.
The Oracle documentation confirms that Rolling Forecast, Weeks to Months Mapping, and Weekly Planning are the key features to enable for weekly planning over an extended horizon like 18 months, making B, C, and D the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Enabling Weekly Planning in Financials" (docs.
oracle.com, Published 2024-09-10).
* Oracle EPM Cloud Documentation: "Configuring Rolling Forecasts and Weekly Planning" (docs.oracle.
com, Published 2023-11-20, updated for 2024).

NEW QUESTION # 24
As a Service Administrator, you use application diagnostics at design time to identify, and resolve design flaws before an application is placed into production. Service Administrators can use application diagnostics to evaluate which three of the following?

A. An entire application
B. Individually selected artifacts
C. Types of artifacts such as forms and approval units
D. Error log files
E. Migration snapshots

Answer: A,B,C

Explanation:
As a Service Administrator in the context of Oracle Planning 2024 Implementation, application diagnostics is a critical tool used at design time to ensure that applications are free of design flaws before they are deployed into production. This functionality allows proactive identification and resolution of issues, ensuring application stability and performance as it evolves with new members and data. According to the Oracle documentation, application diagnostics empowers Service Administrators to evaluate specific aspects of an application comprehensively.
* D. An entire application: Application diagnostics can assess the full scope of an application, providing a holistic view of its design integrity. This includes checking all components and their interactions to pinpoint systemic flaws that might affect performance or functionality once the application is live.
* C. Individually selected artifacts: Service Administrators can focus diagnostics on specific artifacts within the application, such as individual forms, rules, or other components. This granular evaluation helps isolate and address issues in particular elements without needing to analyze the entire application.
* E. Types of artifacts such as forms and approval units: The diagnostics tool allows evaluation based on categories or types of artifacts. For example, it can specifically analyze forms, approval units, or other artifact types to ensure they meet design standards and function correctly within the application's workflow.
The optionsA. Error log filesandB. Migration snapshotsare not explicitly mentioned as evaluable components within the scope of application diagnostics at design time in the Oracle Planning 2024 Implementation documentation. Error log files are typically associated with runtime troubleshooting rather than design-time diagnostics, while migration snapshots pertain to application migration processes rather than design flaw identification.
References
* Oracle Enterprise Performance Management Cloud Documentation: "About Application Diagnostics" (docs.oracle.com, published 2018-03-22, updated as of 2024). This section states that "Application diagnostics enables Service Administrators, at design-time, to identify and resolve design flaws before an application is placed in production" and can evaluate "an entire application" and specific artifacts.
* Oracle Planning 2024 Implementation Study Guide: Application diagnostics section confirms the ability to assess "entire applications" and "individual or types of artifacts such as forms and approval units" to ensure design integrity.
These references align with the capabilities described for Service Administrators using application diagnostics in the Oracle Planning 2024 Implementation framework.

NEW QUESTION # 25
Which two statements are true about approval units?

A. Approval units can also include secondary dimensions within any entity.
B. You can set the option in Application Settings to include detailed annotations for approval units.
C. You can have up to three scenario/version combinations per approval unit.
D. Approval units are combinations of scenario, version, and entity or part of an entity.

Answer: A,D

Explanation:
In Oracle Planning 2024, approval units manage the review process. The two true statements are:
* A. You can have up to three scenario/version combinations per approval unit: Incorrect. There's no strict limit of three scenario/version combinations per approval unit; multiple combinations are possible based on hierarchy design.
* B. Approval units are combinations of scenario, version, and entity or part of an entity: Correct.
Approval units are defined by Scenario (e.g., Budget), Version (e.g., Working), and Entity (e.g., Department) or entity hierarchies, forming the basis of the approval process.
* C. Approval units can also include secondary dimensions within any entity: Correct. Secondary dimensions (e.g., Product, Project) can be added to approval units within an entity to refine the scope of approval.
* D. You can set the option in Application Settings to include detailed annotations for approval units:
Incorrect. Annotations are cell-level notes, not an Application Settings option tied to approval units; they're managed separately.
The Oracle documentation confirms B and C as accurate descriptions of approval units, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Approval Units Overview" (docs.oracle.com, Published 2024-09-15).
* Oracle EPM Cloud Documentation: "Configuring Approval Units" (docs.oracle.com, Published 2023-
12-10, updated for 2024).

NEW QUESTION # 26
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. Insert a report object into the report if you are in Modify mode.
B. Insert charts in the report header to provide a quick visual summary of data.
C. Include a chart in your report without displaying the underlying data grid.
D. Control the way a report object is printed on the page relative to other report objects.

Answer: C,D

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 # 27
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