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1. In which two ways do parent/child relationships between approval unit hierarchy members affect the review process?
A) After all children are promoted to the same owner, the parent is promoted to the owner.
B) When you approve a parent. Its children are Signed Off.
C) After all children are promoted to the same owner, the parent status is changed to Signed Off.
D) When the status of all children changes to one status (for example. Signed Off) the parent status changes to the same status.
2. You want to analyze past data and predicted data to help you find patterns and insights into data that you might not have found on your own. To accomplish this, you configure Insights with Auto Predict.
Which two are Oracle EPM guidelines for implementing Insights and Auto Predict?
A) For historical data, create the Insights job using the lowest level of Period members possible so that the greatest amount of historical data can be used.
B) For future data, create a new insight by leveraging templates that include insight definitions.
C) For future data, first run predictions in a test environment to ensure there is no impact on production data.
D) For historical data, there should be at least twice the amount of historical data as the number of prediction periods.
3. You must assign a Planning user with a Cloud EPM predefined role that allows them to create and administer Planning or Planning Modules and service components. This role should also allow them to grant permissions to other users.
Which of the following predefined role must you assign this Planning user?
A) Approvals Administrator
B) Service Administrator
C) System Administrator
D) Identity Role Administrator
4. You want to use Strategic Modeling to quickly model and evaluate financial scenarios.
Which two time period management tasks can you perform in Strategic Modeling?
A) Enable the input option for upper-level time periods when you add time details.
B) Configure time periods to reflect the details required by financial model, such as different levels of granularity for different years.
C) Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
D) Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
5. After loading data from external systems, you can quickly perform task that can add or update existing employee and job data using Mass Update forms. Which two actions can you take on the Mass Update forms in Workforce?
A) If an existing employee was not loaded from the load file, you won't be able to add their compensation before first adding them to the source system and reloading the file.
B) Delete the loaded salary information and then run the data mal for Compensation Data to calculate the updated benefits.
C) Add a new record for an existing employee who was not in the load file, and apply configured defaults.
D) Change existing properties and then override default assignments and rates.
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: C,D | Question # 3 Answer: B | Question # 4 Answer: B,C | Question # 5 Answer: C,D |
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