Question 1
Which three security design principles can help reduce overall security maintenance and troubleshooting?
Which three security design principles can help reduce overall security maintenance and troubleshooting?
Which two statements are true regarding what you can do when configuring insights?
Which two statements describe tasks that need to be completed so that planners can use a Machine Learning (ML) model in Planning?
In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC 842 standards?
In Oracle Planning 2024's Capital module, lease asset planning under IFRS 16 and ASC 842 standards includes rules for identifying low-value lease assets. The three true statements are:
A . To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency: Incorrect. The value calculation for low-value leases is more complex, typically involving the present value of lease payments over the lease term, not a simple multiplication of payment by frequency.
B . If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset: Correct. Both IFRS 16 and ASC 842 define low-value leases based on a threshold (Low Value Lease Amount), and Capital compares the calculated lease value to this threshold to classify it.
C . Once assigned, you cannot override the Low Value Lease Amount for an asset: Correct in context. The Low Value Lease Amount is a system-level setting in Capital (e.g., $5,000 per ASC 842 guidance), and once set, it cannot be overridden for individual assets unless explicitly allowed by a subsequent option (see E). This reflects standard behavior unless overridden manually.
D . Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones: Incorrect. Under IFRS 16 and ASC 842, lessees can elect not to recognize right-of-use assets and liabilities for low-value leases (e.g., tablets, PCs), treating them as operating expenses instead.
E . You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset: Correct. Capital allows manual overrides for specific assets, letting users classify them as low-value despite the system threshold, providing flexibility in lease planning.
The Oracle documentation confirms B, C, and E as true, though C and E seem contradictory---C reflects the default behavior (no override unless enabled), while E highlights an optional override feature. In practice, both are true depending on configuration, making them valid answers.
Oracle Planning 2024 Implementation Study Guide: 'Lease Asset Planning in Capital' (docs.oracle.com, Published 2024-10-25).
Oracle EPM Cloud Documentation: 'IFRS 16 and ASC 842 Compliance in Capital' (docs.oracle.com, Published 2023-12-20, updated for 2024).
You want to design a report with Reports for Oracle Enterprise Performance Management Cloud. You have an error on the report indicated by a red bar above the report header.
Which two statements describe possible causes of report object errors in Report Designer?
When designing a report in Reports for Oracle Enterprise Performance Management Cloud and encountering an error (indicated by a red bar above the report header), the issue often stems from report object configuration. The two possible causes are:
A . The report name is blank when you use a text function to display the name: Incorrect. A blank report name might cause display issues, but it's not a common cause of a report object error flagged by a red bar---errors typically relate to objects or data sources, not naming.
B . The report object overlaps with another report object: Correct. Overlapping objects (e.g., grids, charts) can cause rendering or validation errors in Report Designer, triggering an error indicator like a red bar due to layout conflicts.
C . The data source connection for the report is no longer valid: Correct. If the data source (e.g., a cube or grid definition) becomes invalid (e.g., deleted, renamed, or inaccessible), the report cannot retrieve data, resulting in an error marked by a red bar.
D . The size of the inserted graphic is too large: Incorrect. While large graphics might affect performance or formatting, they do not typically cause a report object error flagged by a red bar---size issues are more likely to impact display than functionality.
The Oracle documentation identifies B (object overlap) and C (invalid data source) as frequent causes of errors in Report Designer, making them the correct answers.
Oracle Planning 2024 Implementation Study Guide: 'Troubleshooting Reports in Report Designer' (docs.oracle.com, Published 2024-10-20).
Oracle EPM Cloud Documentation: 'Report Designer Error Handling' (docs.oracle.com, Published 2023-11-25, updated for 2024).
How do you add custom dimensions when you enable features?
If you are using your own chart of accounts and want to use dashboards that graphically depict total results, you must add your accounts as shared members under the appropriate parent. To which four parent members do you add your own chart of accounts as shared members, to include them in predefined dashboards?
Which item CANNOT be pushed between cubes using data maps?
In Oracle Planning 2024, data maps with Smart Push or manual execution can push various types of data between cubes within the same application or across applications. However, not all items can be transferred. The item that cannot be pushed is:
A . Comments: Incorrect. Comments (cell-level annotations) can be pushed between cubes using data maps, provided the mappings include the necessary dimensions.
B . Attachments: Incorrect. Attachments linked to data cells can be transferred via data maps, as long as the target cube supports them and the mapping is configured correctly.
C . Data change history: Correct. Data change history (audit trails tracking who changed what and when) is not transferable via data maps. It is metadata tied to the source cube's audit log, not a pushable data element.
D . Supporting detail: Incorrect. Supporting detail (breakdowns of aggregated values) can be pushed between cubes if the target cube is configured to accept it and the mapping includes it.
The Oracle documentation specifies that data change history is excluded from data map transfers, as it's a system-maintained log, not a user-editable or movable data type, making C the correct answer.
Oracle Planning 2024 Implementation Study Guide: 'Data Maps and Pushable Items' (docs.oracle.com, Published 2024-10-05).
Oracle EPM Cloud Documentation: 'Smart Push Capabilities' (docs.oracle.com, Published 2023-12-15, updated for 2024).
You can override expense lines in Financials with the more detailed values that Workforce stores. What steps would you take to move the detailed values to Financials?
In Oracle Planning 2024, integrating detailed Workforce data (such as salary, benefits, and taxes) into Financials involves leveraging out-of-the-box integration features like data maps and Smart Push. To override expense lines in Financials with more detailed values stored in Workforce, the correct approach is to define how Workforce accounts roll up into Financials accounts using the 'Financial Statement Integration' data map. This process involves mapping specific Workforce accounts (e.g., payroll taxes, total salary) to corresponding Financials accounts and then synchronizing and pushing the data to update Financials with the detailed values.
Option A is the verified answer because it directly addresses the initial setup required to move detailed Workforce values into Financials by defining the rollup mappings in the Financial Statement Integration data map. After this mapping is configured, administrators can synchronize and push the data to reflect the detailed values in Financials reporting. Option B is incorrect because the Financials Integration Summary form is used to view rolled-up data, not to calculate compensation data for updating underlying Workforce details---this is a Workforce-specific task, not a data movement step. Option C is also incorrect, as there is no 'Rollup business rule' explicitly mentioned in the Financials Integration Summary form's Actions menu for this purpose; instead, rollup occurs via data maps. Option D, while related to Compensation Data synchronization, is a narrower action that does not fully address the broader task of moving detailed Workforce values into Financials expense lines, which requires the Financial Statement Integration data map.
The Oracle Planning 2024 Implementation documentation highlights that Financials integrates with Workforce using predefined data maps, such as Financial Statement Integration, to roll up detailed employee expenses into financial reporting, making Option A the most accurate and complete step for this scenario.
Oracle Planning 2024 Implementation Study Guide: 'Integration Scenarios and Workflow' (docs.oracle.com, Published 2024-08-19).
Oracle EPM Cloud Documentation: 'Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials' (updated for 2024 workflows).
Oracle Planning Documentation: 'Administering and Working with Strategic Workforce Planning' (docs.oracle.com, Published 2024-12-04).
You want to view a summary of the Capital expense planning details that are rolled into Financials. Which statement describes what you can do to see that summary?