Question 1

You want to track budgets and review status, process issues, and approval unit ownership. Which two statements are true about approval unit hierarchies?

Options :

A : You can set up approvals to use secondary dimension.

B : You can select an Approvals template of Hierarchy, Top Down, or Custom.

C : You set up separate approval unit hierarchies for the budget scenario and the forecast scenario.

D : The Approval path is dependent on the organizational structure.

Answer: A,C

Question 2

Your administrator creates a Pipeline definition to manage metadata, and data for your Planning application. Which statement about pipelines is true?

Options :

A : Develop pipelines to guide you through the Planning process.

B : Use pipelines as a visible, automated, and repeatable system of record for running an application.

C : Use pipelines to coordinate the running of a series of jobs as a single process.

D : Quickly drill into data slices that are important to you with pipelines.

Answer: C

Question 3

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?

Options :

A : For future data, create a new insight by leveraging templates that include insight definitions.

B : For historical data, there should be at least twice the amount of historical data as the number of prediction periods.

C : 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.

D : For future data, first run predictions in a test environment to ensure there is no impact on production data.

Answer: B,D

Question 4

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?

Options :

A : Workforce Assumptions

B : Merit Assumptions

C : Merit Rates

D : Merit Month

Answer: B

Question 5

You want to set up weekly planning for 18 continuous months. Which three options need to be selected when initially enabling features in Financials?

Options :

A : Time Frame Granularity

B : Rolling Forecast

C : Weeks to Months Mapping

D : Weekly Planning

E : Custom Periods

Answer: B,C,D

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