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Oracle Planning 2025 Implementation Professional Sample Questions (Q111-Q116):
NEW QUESTION # 111
Which three sources of data can you use in Dashboards 2.0?
- A. Reports
- B. Ad hoc grids
- C. Spreadsheets
- D. Forms
- E. Cubes
Answer: B,D
NEW QUESTION # 112
Which module should you enable first to track the utilization of employees in Projects?
- A. Projects module before Workforce module
- B. Financials module before Projects module
- C. Workforce module before Projects module
- D. Projects module before Financials module
Answer: C
Explanation:
To track the utilization of employees in the Projects module of Oracle Planning 2024, the Workforce module must be enabled first. Employee utilization in Projects refers to tracking how employees' time and costs (e.g., hours worked, labor expenses) are allocated to specific projects. The Workforce module provides the foundational data-such as employee details, roles, salaries, and hours-required to calculate utilization metrics. Once Workforce is enabled and configured with employee data, the Projects module can leverage this data via integration to track utilization against project tasks and budgets.
* A. Projects module before Financials module: Incorrect. Enabling Projects before Financials does not address employee utilization tracking, as Financials focuses on revenue and expense planning, not employee-specific data.
* B. Financials module before Projects module: Incorrect. Financials provides financial planning capabilities but does not manage employee data or utilization, which is a Workforce function.
* C. Workforce module before Projects module: Correct. Workforce must be enabled first to define employee data, which Projects then uses to track utilization through integration (e.g., via data maps or direct links).
* D. Projects module before Workforce module: Incorrect. Enabling Projects first without Workforce would limit utilization tracking, as Projects relies on Workforce for employee-related data.
The Oracle documentation specifies that Workforce is a prerequisite for detailed employee utilization tracking in Projects, making C the correct sequence.
References:
Oracle Planning 2024 Implementation Study Guide: "Integrating Workforce with Projects" (docs.oracle.com, Published 2024-09-20).
Oracle EPM Cloud Documentation: "Tracking Utilization in Projects" (docs.oracle.com, Published 2023-12-
15, updated for 2024).
NEW QUESTION # 113
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?
- A. Merit Month
- B. Workforce Assumptions
- C. Merit Assumptions
- D. Merit Rates
Answer: C
Explanation:
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.
References
* 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.
NEW QUESTION # 114
What two levels of workforce detail granularity would you need to perform Merit-Based Planning?
- A. Employee and Job
- B. Job
- C. Merit
- D. Employee
Answer: A,D
Explanation:
In Oracle Planning 2024's Workforce module, Merit-Based Planning involves planning salary increases or adjustments based on employee performance (merit). To perform this, you need workforce data at a level of granularity that includes individual employee details. The two levels required are:
* A. Merit: Incorrect. "Merit" is not a granularity level; it's a planning concept or assumption applied to employee data, not a structural level of detail.
* B. Employee and Job: Correct. This level combines employee-specific data (e.g., individual identity) with job-specific data (e.g., role, grade), enabling merit-based adjustments tailored to both the person and their position.
* C. Job: Incorrect. Job-level granularity (e.g., aggregated data for a role) lacks individual employee details, which are necessary for merit-based planning.
* D. Employee: Correct. Employee-level granularity provides the individual data (e.g., current salary, performance rating) needed to calculate merit increases for specific employees.
Merit-Based Planning requires at least Employee-level detail, and often Employee and Job for more precise planning (e.g., tying merit to job roles or grades). The Oracle documentation confirms these as the key granularity levels for this functionality, making B and D the correct answers.
References:
Oracle Planning 2024 Implementation Study Guide: "Merit-Based Planning in Workforce" (docs.oracle.com, Published 2024-10-10).
Oracle EPM Cloud Documentation: "Workforce Granularity Levels" (docs.oracle.com, Published 2023-11-15, updated for 2024).
NEW QUESTION # 115
You want to Input data into Financials. For Financials, there is a predefined navigation flow with cards listed for both Revenue and Expenses. What is the sequence of the cards for Revenue and Expenses?
- A. Overview, Assumptions, Allocations, Detailed Bottom-Up, Driver and/or Trend based. Direct Input
- B. Assumptions, Allocations, Detailed Bottom Up, Strategic Top-Down, Direct Input, Overview, Summary
- C. Overview, Driver and Trend Based, Rolling Forecast, Direct Entry, Income Statement
- D. Assumptions, Direct Input, Driver and/or Trend Based, High Level Overview, Detailed Overview, Summary
Answer: C
Explanation:
In Oracle Planning 2024, Financials provides a predefined navigation flow for entering data, organized into cards that guide users through the planning process for Revenue and Expenses. The navigation flow is designed to streamline data input and analysis, starting with high-level views and moving into detailed entry methods. According to the Oracle documentation, the default sequence of cards for Revenue and Expenses in Financials is: Overview, followed by Driver and Trend Based, Rolling Forecast, Direct Entry, and concluding with Income Statement.
* Overview: Provides a high-level summary of financial data, setting the context for planning.
* Driver and Trend Based: Allows users to input data based on drivers (e.g., units sold) or trends (e.g., historical patterns), a key method for revenue and expense planning.
* Rolling Forecast: Enables continuous forecasting over a defined period, integrating with driver-based inputs.
* Direct Entry: Permits manual data input for specific accounts or line items, offering flexibility.
* Income Statement: Consolidates all inputs into a financial statement view for review.
Option A accurately reflects this sequence as outlined in the Oracle Planning 2024 predefined navigation flow for Financials. Option B includes irrelevant cards like "Allocations" and "Strategic Top-Down," which are not part of the default Financials Revenue and Expenses flow. Option C introduces "High Level Overview" and
"Detailed Overview," which are not standard card names in this context. Option D includes "Allocations" and
"Detailed Bottom-Up," which are more aligned with custom flows or other modules, not the default Financials sequence.
This sequence is part of the out-of-the-box Financials navigation flow, ensuring users follow a logical progression from overview to detailed input and final reporting.
References:
Oracle Planning 2024 Implementation Study Guide: "Working with Navigation Flows in Financials" (docs.
oracle.com, Published 2024-09-10).
Oracle EPM Cloud Documentation: "Planning Revenue and Expenses in Financials" (docs.oracle.com, Published 2023-11-15, updated for 2024).
NEW QUESTION # 116
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