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Oracle Planning 2025 Implementation Professional Sample Questions (Q112-Q117):
NEW QUESTION # 112
Which three are use cases for data maps?
Answer: A,E
NEW QUESTION # 113
Which two are true regarding rent-free periods with IFRS 16 enabled?
Answer: A,B
NEW QUESTION # 114
Which three are configuration or post-configuration tasks for Financials?
Answer: C,D,E
Explanation:
In Oracle Planning 2024, configuring and post-configuring the Financials module involves tasks to establish its structure and functionality. The three valid configuration or post-configuration tasks are:
* A. Adding custom expense driver categories: Incorrect. While Financials supports driver-based planning (e.g., revenue drivers), adding custom expense driver categories is not a standard configuration task-it's more of a customization within forms or rules, not a core setup step.
* B. Adding custom dimensions: Correct. Adding custom dimensions (e.g., Region, Product) is a key configuration task in Financials to tailor the module to business needs, often done during or shortly after initial setup.
* C. Completing Planning and Forecast Preparation: Correct. This mandatory configuration task defines the planning periods, scenarios, and versions for Financials, setting the foundation for budgeting and forecasting.
* D. Setting up exchange rates (for multicurrency applications): Correct. For multicurrency-enabled Financials applications, configuring exchange rates is a critical task during or post-configuration to support currency conversion in financial planning.
* E. Removing custom dimensions: Incorrect. Removing dimensions is not a standard configuration or post-configuration task-it's a rare adjustment that could disrupt existing data and is not recommended as part of setup.
The Oracle documentation identifies B, C, and D as essential tasks during or after Financials configuration, ensuring the module meets planning and reporting requirements.
References:
Oracle Planning 2024 Implementation Study Guide: "Financials Configuration Tasks" (docs.oracle.com, Published 2024-10-15).
Oracle EPM Cloud Documentation: "Setting Up Financials" (docs.oracle.com, Published 2023-12-15, updated for 2024).
NEW QUESTION # 115
After enabling and configuring Financials, which of the following is a recommended post-configuration task?
Answer: D
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 # 116
Which step does NOT need to be completed to manage the configuration of Key Performance Indicators (KPIs) in Planning Financials?
Answer: E
NEW QUESTION # 117
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