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Exam Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation Essentials
Number 1z0-982
File Name Oracle.1z0-982.PracticeTest.2018-10-11.48q.vcex
Size 417 KB
Posted Oct 11, 2018
Download Oracle.1z0-982.PracticeTest.2018-10-11.48q.vcex

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Demo Questions

Question 1

If a user needs to be able to perform application administration, as well as assign user security in Enterprise Planning and Budgeting Cloud (EPBCS), which two global roles would need to be assigned to them? (Choose two.)


  1. Service Administrator
  2. Identity Domain Administrator
  3. Approvals Administrator
  4. System Administrator
Correct answer: AB
Explanation:
A: All Oracle Enterprise Performance Management Cloud services other than Oracle Enterprise Performance Reporting Cloud use a common set of four predefined functional roles to control access to service environments: Service Administrator, Power User, User, and Viewer.B: Identity Domain Administrator RoleAs an identity domain administrator, you use the My Services application to manage your own users and their roles. Your view in the My Services application is limited to the users and roles in the identity domains that you have been assigned to manage. You see all the roles at the domain and service levels. The identity domain administrator role gives a user the following privileges:Access to all user and role management functions in My Services, including:Managing User Accounts Adding and Removing Custom Roles References: https://docs.oracle.com/cloud/latest/epm-common/CGSAD/4_managing_epm_cloud_users_roles_predefined_roles.htm#CGSAD-GUID-B8330CA4-13A7-4D80-9026-A181F50E6D3D
A: All Oracle Enterprise Performance Management Cloud services other than Oracle Enterprise Performance Reporting Cloud use a common set of four predefined functional roles to control access to service environments: Service Administrator, Power User, User, and Viewer.
B: Identity Domain Administrator Role
As an identity domain administrator, you use the My Services application to manage your own users and their roles. Your view in the My Services application is limited to the users and roles in the identity domains that you have been assigned to manage. You see all the roles at the domain and service levels. 
The identity domain administrator role gives a user the following privileges:
Access to all user and role management functions in My Services, including:
Managing User Accounts 
Adding and Removing Custom Roles 
References: https://docs.oracle.com/cloud/latest/epm-common/CGSAD/4_managing_epm_cloud_users_roles_predefined_roles.htm#CGSAD-GUID-B8330CA4-13A7-4D80-9026-A181F50E6D3D



Question 2

Which Substitution Variables are used in the ‘Process Loaded Data’ Business Rule?


  1. &OEP_CurMnth, &OEP_CurYr, &OEP_YearRange
  2. &OEP_FcstMnth, &OEP_FcstYr, &OEP_FcstEndYr
  3. &OEP_PlanMnth, &OEP_PlanYr, &OEP_PlanRange
  4. &OEP_LoadMnth, &OEP_LoadYr, &OEP_LoadRange
Correct answer: A
Explanation:
Substitution variables act as global placeholders for information that changes regularly. For example, you could set the current month member to the substitution variable CurMnth so that when the month changes, you need not update the month value manually in the form or the report script. References: https://docs.oracle.com/cloud/latest/pbcs_common/PFUSA/about_substitution_variables.htm
Substitution variables act as global placeholders for information that changes regularly. For example, you could set the current month member to the substitution variable CurMnth so that when the month changes, you need not update the month value manually in the form or the report script. 
References: https://docs.oracle.com/cloud/latest/pbcs_common/PFUSA/about_substitution_variables.htm



Question 3

The company would like to enable Financials, Workforce, and Project frameworks. They would like to plan and forecast the Project dimension in the Financials framework, as well as track employee utilization in the projects framework. 
Which two actions must they take to ensure that the Project dimension is shared and the data integrated correctly across all three frameworks?


  1. In the Projects framework, ensure that the Employee driver-based expense is enabled.
  2. In the Workforce framework, rename one of the custom dimensions to “Project” and enable it
  3. In the Financials framework, rename one of the custom dimensions to “Project” and enable it
  4. In the Workforce framework, ensure that the granularity is at Employee or Employee and Job
Correct answer: CD
Explanation:
C: In Financials if you are enabling features for the first time, you must define all custom dimensions. You can’t define these later.D: Enable and configure Workforce. For integration with Projects, utilization is computed at the employee level, so on the Enable page, for Granularity, select either Employee or Employee and Job.References: Oracle Cloud, Administering Data Management for Oracle Enterprise Performance Management Cloud, page 2-6 https://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/fin_enabling_financials_features_110xdb25742f.htm#EPBCA-GUID-2EAD222E-6ACB-4FC1-BB60-7C207BD96C7F
C: In Financials if you are enabling features for the first time, you must define all custom dimensions. You can’t define these later.
D: Enable and configure Workforce. For integration with Projects, utilization is computed at the employee level, so on the Enable page, for Granularity, select either Employee or Employee and Job.
References: 
Oracle Cloud, Administering Data Management for Oracle Enterprise Performance Management Cloud, page 2-6 
https://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/fin_enabling_financials_features_110xdb25742f.htm#EPBCA-GUID-2EAD222E-6ACB-4FC1-BB60-7C207BD96C7F



Question 4

When setting up a data map, which two options are available for handling unmapped dimensions? (Choose two.)


  1. Selecting multiple unmapped dimension members of the source to map to a single unmapped dimension member on the target
  2. Selecting a single unmapped dimension members of the source to map to a single unmapped dimension member on the target
  3. Selecting a single unmapped dimension members of the source to map to multiple unmapped dimension member on the target
  4. Selecting multiple unmapped dimension members of the source to map to multiple unmapped dimension member on the target
Correct answer: AB
Explanation:
Mapping Unmapped Dimensions To map unmapped dimensions in a data map:Click Application, and then click Data Maps. Do one of the following:Click Create to create a new data map. Click an existing data map to edit the mapping in an existing data map. For any dimension under Unmapped Dimensions, click next to the dimension. This moves the dimension out of Unmapped Dimensions and under the Target dimensions above. Find the dimension that you just moved under Target. The corresponding dimension under Source will say Select. Click next to Select under Source, and then select the Source Dimension or Smart List that you want to map to the unmapped Target dimension. Click Save and Close. References: Oracle Cloud, Administering Planning for Oracle Enterprise Planning and Budgeting Cloud, 12-4
Mapping Unmapped Dimensions 
To map unmapped dimensions in a data map:
  1. Click Application, and then click Data Maps. 
  2. Do one of the following:
    • Click Create to create a new data map. 
    • Click an existing data map to edit the mapping in an existing data map. 
  3. For any dimension under Unmapped Dimensions, click next to the dimension. 
    This moves the dimension out of Unmapped Dimensions and under the Target dimensions above. 
  4. Find the dimension that you just moved under Target. 
    The corresponding dimension under Source will say Select. 
  5. Click next to Select under Source, and then select the Source Dimension or Smart List that you want to map to the unmapped Target dimension. 
  6. Click Save and Close. 
References: Oracle Cloud, Administering Planning for Oracle Enterprise Planning and Budgeting Cloud, 12-4



Question 5

After enabling the Financials framework, which three are recommended configuration tasks? (Choose three.)


  1. Adding custom expense driver categories
  2. Completing Planning and Forecast Preparation
  3. Setting up exchange rates (for multicurrency applications)
  4. Adding custom dimensions
  5. Removing custom dimensions
Correct answer: ABD
Explanation:
A:     B: Planning and Forecast PreparationYou can configure the timeframe and granularity for plans for each business process. Configuration settings are stored separately, so you can have a different timeframe and granularity for each business process and for each year. D:     References: Configuring Financials in Oracle Enterprise Planning and Budgeting Cloud https://www.youtube.com/watch?v=aZjMGLMKmxQhttps://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/common_configure_planning_and_forecase_preparation_with_rolling_forecast_100xa365356d.htm#EPBCA-GUID-D2F62AA0-D221-4380-A392-0670B87B324A
A: 
 
 
B: Planning and Forecast Preparation
You can configure the timeframe and granularity for plans for each business process. Configuration settings are stored separately, so you can have a different timeframe and granularity for each business process and for each year. 
D: 
  
References: 
Configuring Financials in Oracle Enterprise Planning and Budgeting Cloud 
https://www.youtube.com/watch?v=aZjMGLMKmxQ
https://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/common_configure_planning_and_forecase_preparation_with_rolling_forecast_100xa365356d.htm#EPBCA-GUID-D2F62AA0-D221-4380-A392-0670B87B324A



Question 6

When importing data into the Financials framework, which Plan Element dimension member should be selected to help keep track of the cube’s data sources?


  1. OFS_Integration
  2. OFS_Calculated
  3. OFS_Systems
  4. OFS_Load
Correct answer: D
Explanation:
OFS_Load—Data value to import. References: https://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/general_importing_financials_116x04dcf57d.htm#EPBCA-GUID-ABF5EAB0-A5D3-43CD-BA2E-72C56996AA2F
OFS_Load—Data value to import. 
References: https://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/general_importing_financials_116x04dcf57d.htm#EPBCA-GUID-ABF5EAB0-A5D3-43CD-BA2E-72C56996AA2F



Question 7

Which two components can be installed on the administrator’s computer to support Planning and Budgeting Cloud (PBCS)? (Choose two.)


  1. Strategic Modeling
  2. Calculation Manager
  3. EPM Automate
  4. The Simplified User Interface
Correct answer: BD
Explanation:
The EPM Automate Utility enables Service Administrators to remotely perform tasks in for example Oracle Enterprise Planning and Budgeting Cloud. The EPM Automate Utility installer for Windows and Linux/UNIX is available from the service. Incorrect Answers:A: Before users can start strategic planning, you must enable Strategic Modeling.B: When you enable accessibility for Oracle Hyperion Calculation Manager, preference screen readers, magnifiers, and other tools work with Calculation Manager.References: https://docs.oracle.com/cloud/latest/epm-common/CEPMA/using_epmctl.htm#CEPMA-using_pbcs_book_2570Oracle Cloud, Administering Planning for Oracle Planning and Budgeting Cloud
The EPM Automate Utility enables Service Administrators to remotely perform tasks in for example Oracle Enterprise Planning and Budgeting Cloud. The EPM Automate Utility installer for Windows and Linux/UNIX is available from the service. 
Incorrect Answers:
A: Before users can start strategic planning, you must enable Strategic Modeling.
B: When you enable accessibility for Oracle Hyperion Calculation Manager, preference screen readers, magnifiers, and other tools work with Calculation Manager.
References: 
https://docs.oracle.com/cloud/latest/epm-common/CEPMA/using_epmctl.htm#CEPMA-using_pbcs_book_2570Oracle Cloud, Administering Planning for Oracle Planning and Budgeting Cloud



Question 8

To configure ‘Benefits & Taxes”, which dimension should new members be imported into?


  1. Pay Type
  2. Component
  3. Account
  4. Property
Correct answer: B
Explanation:
Imported Benefits, Taxes, and Additional Earnings using Components on the Workforce Configure page. References: Oracle Cloud, Administering Planning for Oracle Enterprise Planning and Budgeting Cloud, page 6-13
Imported Benefits, Taxes, and Additional Earnings using Components on the 
Workforce Configure page. 
References: Oracle Cloud, Administering Planning for Oracle Enterprise Planning and Budgeting Cloud, page 6-13



Question 9

Which three items would be in appropriate use case for “Data Management” in Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose three.)


  1. An organization requires the ability to provide “Drill-back” capabilities.
  2. An organization requires the ability to load data to their application via flat files.
  3. An organization requires the ability to build dimension hierarchies
  4. An organization requires the ability to process data from multiple chart of accounts
  5. An organization requires the ability to map data from multiple chart string segments to a single dimension
Correct answer: ABD
Explanation:
A: You can drill through to the detail from the EPM target application and view data in the Enterprise Resource Planning (ERP) source system. Predefined by administrators, drill-through reports are available to users from specified individual member cells and data cells. A cell can be associated with multiple drill-through reports. Cells that contain drill-through reports can be indicated on the grid by a cell style.B: Data loads and write-back are supported for those users who do not have a direct connection to their Enterprise Resource Planning (ERP) source data, but have data available from their source in a text file. Any file, whether it is a fixed width file or a delimited file, can be easily imported into an Oracle Enterprise Performance Management Cloud application.References: https://docs.oracle.com/cloud/latest/epm-common/ERPIA/toc.htm
A: You can drill through to the detail from the EPM target application and view data in the Enterprise Resource Planning (ERP) source system. Predefined by administrators, drill-through reports are available to users from specified individual member cells and data cells. A cell can be associated with multiple drill-through reports. Cells that contain drill-through reports can be indicated on the grid by a cell style.
B: Data loads and write-back are supported for those users who do not have a direct connection to their Enterprise Resource Planning (ERP) source data, but have data available from their source in a text file. Any file, whether it is a fixed width file or a delimited file, can be easily imported into an Oracle Enterprise Performance Management Cloud application.
References: https://docs.oracle.com/cloud/latest/epm-common/ERPIA/toc.htm



Question 10

Which step is NOT associated with the ‘data load work bench” in Data Management?


  1. Check
  2. Validate
  3. Import
  4. Review
Correct answer: D
Explanation:
References: Oracle Cloud, Administering Data Management for Oracle Enterprise Performance Management Cloudhttps://docs.oracle.com/cloud/latest/epm-common/ERPIA/ERPIA.pdf
References: Oracle Cloud, Administering Data Management for Oracle Enterprise Performance Management Cloud
https://docs.oracle.com/cloud/latest/epm-common/ERPIA/ERPIA.pdf









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