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Question 1:
Which three security design principles can help reduce overall security maintenance and troubleshooting, while still balancing security control? (Choose three.)
A. Creating groups over assigning individual access permissions to users
B. Configuring single sign-on (SSO)
C. Assigning a higher level role than necessary, then scaling back access permissions
D. Using inherited permissions
E. Assigning global read access to each cube, then fine-tuning none and write access within dimensional security
Correct Answer: ACD
Question 2:
In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)
A. Project rates
B. Standard rates
C. Discount rates
D. Program mappings
E. Plan start year
F. Working days and hours
Correct Answer: ADF
Question 3:
In order to be able to configure Additional Earnings in the Benefits and Taxes wizard, into which dimension do you have to import members? Choose the best answer.
A. Pay Type
B. Property
C. Component
D. Account
Correct Answer: D
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/wf_configuring_workforce__106xdb232ea8.html
Question 4:
Which three are predefined Workforce business rules? (Choose three.)
A. Transfer
B. Plan Departure
C. Promote Employee
D. Change Job
E. Remove Existing Employee
Correct Answer: ACD
Question 5:
Which statement describes infolets? Choose the best answer.
A. Infolets help you personalize focused data slices that you frequently use for analysis.
B. Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.
C. Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
D. Infolets help you organize, track, and prioritize your workload.
Correct Answer: B
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusu/EPM-INFORMATION-DEVELOPMENT-TEAM-E94218-6693400D.pdf (page: 8-1)
Question 6:
Which describes Strategic Modeling? Choose the best answer.
A. Used to evaluate financial scenarios and perform financial impact analysis.
B. Used to evaluate how assets and resources related to corporate initiatives are allocated
C. Used primarily for balance sheet planning
D. Used to develop plans and forecasts and generate core financial statements
Correct Answer: A
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/about_strategic_modeling_104x7f015aa0.html
Question 7:
Which card allows you to enable modules? (Choose the best answer.)
A. Valid Intersections
B. Data Maps
C. Overview
D. Settings
E. Configure
Correct Answer: E
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/proj_enabling_project_features__100xd3780265.html
Question 8:
Which two statements are true regarding the creation and management of business rules in module-based Planning? (Choose two.)
A. Pre-defined business rules for modules may be modified, but may be ignored after an application upgrade.
B. Custom business rules for modules can only be created using the graphical designer.
C. Custom business rules can be created for each module.
D. Modules cannot use regular business rules. Instead, they must be scripted using Groovy.
Correct Answer: BC
Question 9:
Which three are benefits of using EPM Enterprise Cloud Service over EPM Standard Cloud Service? (Choose three.)
A. enable preseeded configurable content including dimensions, models, forms, rules, dashboards, infolets, and reports for Strategic Modeling
B. with Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files
C. Custom Planning, which allows a high degree of business process customization to support business requirements
D. use of the Groovy scripting language to create or customize business rules
E. deploy more than one supported business process in the same instance
Correct Answer: BCD
Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/cgsus/1_about_epm_cloud_new_sku_epm_standard.html
Question 10:
You want to share detailed benefits data from Workforce with Financials.
Which statement describes the steps you must take? Choose the best answer.
A. Enable and configure Financials, and Workforce. When enabling Workforce, create a custom Benefits dimension to map the data to. Then for the Financial Statement Integration data map, synchronize and push the data.
B. Enable and configure Financials and Workforce. Then in the Workforce Benefits and Taxes wizard, select a financial account to map the benefit to. For Compensation Data, synchronize and run the data map.
C. Enable and configure Financials, and Workforce. When enabling Financials, create a custom Benefits dimension to map the data to. On the Financials Integration Summary form, run Calculate Compensation to update the Workforce data.
D. Enable and configure Financials, and Workforce. Then to capture Workforce expenses for employees, enable Standard Rates from Workforce. For the Compensation Data for Reporting data map, synchronize then push the data.
Correct Answer: D
Question 11:
Which two client requirements align with using an ASO plan type alongside the module-based plan types? (Choose two.)
A. The client would like to plan revenue by Product and Services dimensions.
B. The client would like to report the results of the allocation process by Entity.
C. The client would like to store 10 years of actuals history for reporting purposes but only requires prior year history for planning purposes.
D. Due to sparse dimensionality, aggregation times are slow in the application.
E. The client has 10 dimensions in the application and needs to report at each intersection.
Correct Answer: DE
Reference: https://www.oracle.com/webfolder/technetwork/tutorials/obe/hyp/CreateASOReportingCube-1112/CreateASOReportingCube-1112.htm
Question 12:
Which statement is true when executing a lifecycle management migration? Choose the best answer.
A. Restoring Essbase data from a snapshot will remove any data that doesn\’t exist in the backup.
B. Importing Dimensions will remove members that do not exist in the snapshot.
C. Selected slices of data can be imported into Essbase.
D. All forms that do not exist in the snapshot will be deleted.
Correct Answer: C
Question 13:
Which three are use cases for data maps? (Choose three.)
A. To allow users to drill back to the data in a different cube.
B. To integrate data between custom plan types and Planning modules
C. To integrate data between Planning modules
D. To push data from a planning cube to a reporting cube
E. To create a replicated partition between cubes
Correct Answer: ABC
Question 14:
Which two are displayed on the user point of view bar within a financial report? Choose two.
A. Dimensions that are tagged as type Time
B. Dimensions that are tagged as type Account
C. Dimensions not defined in a row, column, or page
D. Dimensions in a row, column, or page that are flagged for the current point of view
Correct Answer: CD
Reference: https://docs.oracle.com/cd/E57185_01/HFWCG/about_the_user_point_of_view.htm#HFWCG-designing_a_report_35
Question 15:
What are the two primary use cases for an ASO reporting cube? (Choose two.)
A. You want to create and execute Calculation Manager business rules
B. You want to report on Smart Lists in Planning, which you can\’t do in Planning
C. You want to report on new Planning data originating from any source, such as a data warehouse
D. You want to create, maintain, and report on Attribute dimensions
Correct Answer: BD
