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Oracle Planning 2024 Implementation Professional Sample Questions (Q25-Q30):

NEW QUESTION # 25
What feature can Service Administrators use to automatically complete all the actions required to create an exact copy of the current application in a target environment?
This includes the removal of the current application and data, if any, from the target environment.

  • A. Replicate Snapshot
  • B. Migration Backup
  • C. Clone Snapshot
  • D. Migration Export

Answer: C

Explanation:
In Oracle Planning 2024, Service Administrators can use the Clone Snapshot feature to create an exact copy of the current application in a target environment. This feature automates all actions required for cloning, including removing the existing application and data in the target environment (if any) and replacing it with a snapshot of the source environment. The process involves exporting a snapshot fromthe source, deleting the target environment's current application and data, and then importing and applying the snapshot to recreate the application identically.
* A. Replicate Snapshot: This is incorrect because "Replicate Snapshot" is not a defined feature in Oracle Planning. Replication typically implies duplicating data without necessarily overwriting the target, which doesn't align with the requirement of removing existing content.
* B. Migration Export: This is incorrect because Migration Export only exports application artifacts (e.g., metadata, data) to a file for manual transfer or backup, but it does not automate the removal of the target environment's content or the import process.
* C. Clone Snapshot: This is correct. The Clone Snapshot feature, available under the Environment management tools, fully automates the cloning process, including deletion of the target environment's application and data, followed by the recreation of the source application.
* D. Migration Backup: This is incorrect because Migration Backup creates a backup file for recovery purposes but does not involve cloning or overwriting a target environment.
The Oracle Planning 2024 documentation specifies that Clone Snapshot is designed for such end-to-end automation, making it the ideal choice for Service Administrators to replicate an application across environments efficiently.
References:
* Oracle Planning 2024 Implementation Study Guide: "Managing Environments with Clone Snapshot" (docs.oracle.com, Published 2024-09-15).
* Oracle EPM Cloud Documentation: "Cloning Environments in Planning" (docs.oracle.com, Published
2023-10-20, updated for 2024).


NEW QUESTION # 26
Which card in the Application cluster allows you to enable modules?

  • A. Cube Editor
  • B. Enable Features
  • C. Configure
  • D. Tools
  • E. Settings

Answer: C

Explanation:
In Oracle Planning 2024, the Application cluster in the navigator includes cards for managing application settings and features. The card that allows you to enable modules (e.g., Workforce, Projects) is:
* A. Settings: Incorrect. Settings is not a card in the Application cluster; it's typically a broader system- level option, not specific to module enablement.
* B. Configure: Correct. The Configure card in the Application cluster provides access to the Enable Features page, where administrators can turn on modules like Financials, Workforce, or Projects.
* C. Tools: Incorrect. The Tools card offers utilities (e.g., diagnostics, job scheduling), not module enablement.
* D. Enable Features: Incorrect. While "Enable Features" is the specific action/page, it is accessed via the Configure card, not a standalone card in the Application cluster.
* E. Cube Editor: Incorrect. Cube Editor is for managing cube structures (e.g., dimensions), not enabling modules.
The Oracle documentation specifies that the Configure card is the entry point for enabling modules, making B the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Enabling Modules in Planning" (docs.oracle.com, Published 2024-08-30).
* Oracle EPM Cloud Documentation: "Application Cluster Navigation" (docs.oracle.com, Published
2023-12-05, updated for 2024).


NEW QUESTION # 27
Which four statements are true about the Optimize Dimension feature?

  • A. You can optimize the dimension order only for Financials and Workforce, and only for the provided BSO cubes that are created when you enable and configure.
  • B. The new optimized dimension order is maintained even if you enable additional features or other modules.
  • C. You refresh the database and then back up the application and download the snapshot before you optimize dimension order.
  • D. You can optimize the dimension order only for Financials and Projects, and only for the provided BSO cubes that are created when you enable and configure.
    DYou optimize dimension order first in your test environment before you optimize dimension order in the production environment.
  • E. You can optimize the dimension order only for BSO cubes in Custom Planning applications.

Answer: A,B,C,E

Explanation:
In Oracle Planning 2024, the Optimize Dimension feature enhances performance by reordering dimensions in BSO (Block Storage Option) cubes. Let's evaluate the six statements to determine the four that are true:
* A. The new optimized dimension order is maintained even if you enable additional features or other modules: True. Once optimized, the dimension order remains intact even if new features or modules are enabled, unless explicitly re-optimized or manually altered. This ensures performance stability post- optimization.
* B. You can optimize the dimension order only for BSO cubes in Custom Planning applications: True.
The Optimize Dimension feature is exclusively available for BSO cubes in Custom Planning applications, not for ASO (Aggregate Storage Option) cubes or module-based applications (e.g., Financials, Workforce), due to their predefined structures.
* C. You can optimize the dimension order only for Financials and Projects, and only for the provided BSO cubes that are created when you enable and configure: False. This statement is incorrect because the feature applies to Custom Planning applications, not specifically to Financials and Projects, which use predefined BSO cubes not eligible for user-driven dimension optimization.
* D. You optimize dimension order first in your test environment before you optimize dimension order in the production environment: True. Oracle recommends testing dimension optimization in a test environment first as a best practice to assess performance impacts and avoid risks in production, making this a procedural truth.
* E. You refresh the database and then back up the application and download the snapshot before you optimize dimension order: True. Before optimizing, Oracle advises refreshing the database to ensure data consistency, then backing up the application and downloading a snapshot to preserve a recovery point in case optimization causes issues.
* F. You can optimize the dimension order only for Financials and Workforce, and only for the provided BSO cubes that are created when you enable and configure: False. Similar to C, this is incorrect; optimization is not restricted to Financials and Workforce module cubes-it's for Custom Planning BSO cubes, not predefined module-specific cubes.
From these, the four true statements are:
* A - Persistence of the optimized order after feature/module changes.
* B - Restriction to BSO cubes in Custom Planning applications.
* D - Testing in a test environment first as a best practice.
* E - Refreshing and backing up before optimization.
The false statements (C and F) incorrectly limit the feature to specific modules (Financials, Projects, Workforce), whereas it's designed for Custom Planning applications. The Oracle documentation supports A, B, D, and E as true, aligning with the feature's functionality and recommended practices.
References:
* Oracle Planning 2024 Implementation Study Guide: "Optimize Dimension Feature" (docs.oracle.com, Published 2024-09-25).
* Oracle EPM Cloud Documentation: "BSO Dimension Optimization" (docs.oracle.com, Published 2023-
12-20, updated for 2024).


NEW QUESTION # 28
With Machine Learning, which type of prediction would you define to predict revenue using several input variables such as price, promotions, industry market size, and climate?

  • A. Multivariate Prediction
  • B. Dimension Prediction
  • C. Source Prediction
  • D. Forecast Prediction

Answer: A

Explanation:
In Oracle Planning 2024's Machine Learning capabilities, particularly with the "Bring Your Own ML" feature, predictions can be defined based on the type of analysis required. To predict revenue using multiple input variables such as price, promotions, industry market size, and climate, the appropriate prediction type is:
* A. Dimension Prediction: Incorrect. This type is not a standard term in Oracle's ML framework for Planning; it suggests predicting across dimensions, which isn't specific to multi-variable revenue prediction.
* B. Source Prediction: Incorrect. This is not a defined prediction type in Oracle Planning's ML documentation; it might imply source data analysis, but it's not applicable here.
* C. Forecast Prediction: Incorrect. While forecasting involves predicting future values, "Forecast Prediction" is not a specific ML type in Oracle, and it doesn't emphasize the use of multiple variables.
* D. Multivariate Prediction: Correct. Multivariate prediction involves using multiple input variables (e.
g., price, promotions, market size, climate) to predict an outcome (e.g., revenue). Oracle's ML integration supports importing PMML models that handle multivariate analysis, aligning with this scenario.
The Oracle documentation confirms that Multivariate Prediction is the type suited for complex predictions with several input variables, making D the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Machine Learning Prediction Types" (docs.oracle.
com, Published 2024-10-15).
* Oracle EPM Cloud Documentation: "Bring Your Own ML: Multivariate Models" (docs.oracle.com, Published 2023-11-20, updated for 2024).


NEW QUESTION # 29
Which two statements are true about using anchor and nonanchor dimensions with cell-level security?

  • A. Anchor dimensions are never required in the cube that is used in the cell-level security definition.
  • B. Anchor dimensions are always required in the cube that is used in the cell-level security definition.
  • C. By default, nonanchor dimensions are required. You can change this setting later.
  • D. By default, nonanchor dimensions are not required.

Answer: B,D

Explanation:
In Oracle Planning 2024, cell-level security restricts access to specific data intersections using anchor and nonanchor dimensions. The two true statements are:
* A. Anchor dimensions are always required in the cube that is used in the cell-level security definition:
Correct. Anchor dimensions (e.g., Entity, Scenario) are mandatory in the security definition to specify the primary scope of access control within the cube.
* B. Anchor dimensions are never required in the cube that is used in the cell-level security definition:
Incorrect. Anchor dimensions are always required, contradicting this statement.
* C. By default, nonanchor dimensions are not required: Correct. Nonanchor dimensions (e.g., Account, Period) are optional by default in cell-level security definitions, allowing flexibility in granularity unless explicitly included.
* D. By default, nonanchor dimensions are required. You can change this setting later: Incorrect.
Nonanchor dimensions are not required by default, and there's no setting to make them mandatory-it's an optional inclusion.
The Oracle documentation specifies that A (anchor necessity) and C (nonanchor optional) align with cell-level security behavior, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Cell-Level Security Configuration" (docs.oracle.
com, Published 2024-09-30).
* Oracle EPM Cloud Documentation: "Anchor and Nonanchor Dimensions" (docs.oracle.com, Published
2023-12-05, updated for 2024).


NEW QUESTION # 30
......

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