Oracle EPBCS Implementation Exam
Oracle EPBCS Implementation Mastery Quiz
Test your knowledge and skills with our comprehensive Oracle EPBCS Implementation Exam quiz! Consisting of 71 carefully crafted questions, this quiz covers a broad range of topics to ensure you are well-prepared for your certification.
Whether you are a professional seeking to validate your expertise or a student eager to learn, this quiz is designed to help you:
- Understand the nuances of Financials and Strategic Modeling
- Enhance your security design principles knowledge
- Master the management of data in Planning and Strategic Modeling
What is the difference between Financials and Strategic Modeling? (Choose the best answer.)
There is not a technical difference, both do essentially the same thing
Ownership Contributions and Consolidations are out of the box in Financials
Strategic Modeling is broader in focus and used for long range planning
Financials is more summarized than Strategic Modeling
Which three security design principles can help reduce overall security maintenance and troubleshooting, while still balancing security control? (Choose three.)
Creating groups over assigning individual access permissions to users
Configuring single sign-on (SSO)
Assigning a higher level role than necessary, then scaling back access permissions
Using inherited permissions
Assigning global read access to each cube, then fine-tuning none and write access within dimensional security
Which two tasks can be scheduled as a job in Planning? (Choose two.)
Import or export data
Create snapshots
Promote a Planning Unit
Execute Data Maps
Which statement is true when executing a lifecycle management migration? Choose the best answer.
Restoring Essbase data from a snapshot will remove any data that doesn't exist in the backup.
Importing Dimensions will remove members that do not exist in the snapshot.
Selected slices of data can be imported into Essbase.
All forms that do not exist in the snapshot will be deleted.
Which two are displayed on the user point of view bar within a financial report? Choose two.
Dimensions that are tagged as type Time
Dimensions that are tagged as type Account
Dimensions not defined in a row, column, or page
Dimensions in a row, column, or page that are flagged for the current point of view
What does a navigation flow allow you to do? Choose the best answer.
Promote a plan to your supervisor
Display report variances by geography
Run multiple business rules in a predetermined sequence
Customize the clusters and cards that a user can access
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.
Pay Type
Property
Component
Account
In Strategic Modeling Simulations, which probability distribution describes many phenomena such as returns on equity or assets, inflation rates, or currency fluctuations? (Choose the best answer.)
Normal
Lognormal
Triangular
BetaPERT
Uniform
In order to set up weekly planning for a continuous 18 months, which three options would need to be selected when initially configuring Financials? (Choose three.)
Rolling Forecast
Custom Periods
Weeks to months mapping
Plan Element dimension
Weekly Planning
After loading Workforce data from external systems, which statement describes actions you can take to make adjustments to loaded data and then calculate compensation expenses? Choose the best answer.
In Workforce, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
Change loaded salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.
Change loaded benefit information in Workforce such as options for medical benefits and then launch the compensation data business rule to calculate the updated benefit data.
In Workforce, if you change both the selected benefit option and the rate, when compensation expenses are calculated, the value will be based on the benefit option's default value.
Which three statements are TRUE for Sandboxes? (Choose three.)
After you enable sandboxes for a cube, you can later disable that option.
You can enable sandboxes for all Planning cubes and Reporting cubes.
If you enable sandboxes for a cube, Version members have the Enable Sandboxes option.
You can enable sandboxes only in Planning cubes and for custom cubes created in module-based Planning, not for Reporting cubes.
After you enable sandboxes for a cube, you can't later disable that option.
Which two are benefits of enabling Use Database Suppression in Smart Push? (Choose two.)
It automatically merges comments, attachments, and supporting detail when mapping a cube for reporting.
It helps eliminate the impact on query thresholds and improving wait times.
It allows you to continue using the application while Smart Push runs in the background.
It enables you to apply row suppression at the database level instead of the application level.
Whenever you change dimensionality in a target cube, what action on the Data Maps page must you take to ensure that you see metadata changes immediately? (Choose the best answer.)
Select the corresponding data map, and Refresh the Database.
Select the corresponding data map, and execute the Synchronize Defaults Business.
Select the corresponding data map, and Synchronize to refresh the data
Select the corresponding data map, and execute the Synchronize Components Business Rule.
When setting up a data map, which two options are available for handling unmapped dimensions? (Choose two.)
Selecting a single unmapped dimension member on the source to map to multiple unmapped dimension members on the target
Selecting multiple unmapped dimension members on the source to map to multiple unmapped dimension members on the target
Selecting multiple unmapped dimension members on the source to map to a single unmapped dimension member on the target
Selecting a single unmapped dimension member on the source to map to a single unmapped dimension member on the target
In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
Monthly, Quarterly, or Semiannually
After Completion
When Paid
When Billed
In Financials, you want to see asset related expenses such as depreciation, amortization, and insurance. Which describes the steps you can take to set this up? (Choose the best answer.)
Set up the Equipment Expense Reporting Capex data map to map asset related expenses to Financials.
On the Configure page for Capital, select the option to map Capital accounts to financial accounts.
On the Configure page for Financials, when enabling features, include a custom dimension to store asset related information.
On the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.
Which card allows you to enable modules? (Choose the best answer.)
Valid Intersections
Data Maps
Overview
Settings
Configure
Which two statements are true regarding the creation and management of business rules in module-based Planning? (Choose two.)
Pre-defined business rules for modules may be modified, but may be ignored after an application upgrade.
Custom business rules for modules can only be created using the graphical designer.
Custom business rules can be created for each module.
Modules cannot use regular business rules. Instead, they must be scripted using Groovy.
Which option is true when implementing access permissions in Planning? (Choose the best answer.)
Users and groups are restricted from accessing applications by removing custom application and plan-type security
A member that is set to read that has a parent with write access to all descendants will result in an access level of read
Planning roles can be assigned to members in all dimensions in all modules in the application
Which three are benefits of using EPM Enterprise Cloud Service over EPM Standard Cloud Service? (Choose three.)
Enable preseeded configurable content including dimensions, models, forms, rules, dashboards, infolets, and reports for Strategic Modeling
With Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files
Custom Planning, which allows a high degree of business process customization to support business requirements
Use of the Groovy scripting language to create or customize business rules
Deploy more than one supported business process in the same instance
What three actions can you perform on the data displayed in the Data Integration Workbench? (Choose three.)
Re-register or modify the data source system
Open loaded data in Microsoft Excel
Apply a filter using Equal and a specific value
Apply a filter using Contains and a specific value
Drill-through to source from specified data cells
In porting data from a BSO plan type to an ASO plan type, which method cannot be utilized? Choose the best answer.
Smart Push
Data Maps
XWRITE business rule
Export/Import Capabilities
What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
Enable the input option for upper level time periods when you add time detail.
Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
Which three metadata artifacts can be exported to a flat file? (Choose three.)
Exchange Rate Tables
Dimensions
Smart Lists
Linked Reporting Objects
Data Entry Forms
Which migration category is required to restore dimensional security? (Choose the best answer.)
Planning
Groups and Memberships
Reporting
Calculation Manager
What are the two primary use cases for an ASO reporting cube? (Choose two.)
You want to create and execute Calculation Manager business rules
You want to report on Smart Lists in Planning, which you can't do in Planning
You want to report on new Planning data originating from any source, such as a data warehouse
You want to create, maintain, and report on Attribute dimensions
To assign Workforce resources to initiatives, which default custom dimension is required in the Map/Rename Dimensions section? (Choose the best answer.)
Project
Program
Elective
Measure
When defining data load mappings in Data Management, what are the available types of member mappings? (Choose the best answer.)
Explicit, Range, In, Multi Dimension, As
Explicit, Range, In, Multi Dimension, Like
Explicit, Range, In, Ignore, Like
Explicit, Between, In, Multi Dimension, Like
Several users continuously use custom-created formulas in Excel to supplement their Planning form inputs. What is another design alternative to reduce offline Excel maintenance? Choose the best answer.
Cell commentary
Reports
Ad hoc forms
Smart forms
Smart push
When loading Salaries into Workforce, which Property should the values be loaded to? (Choose the best answer.)
OWP_Gross Earnings
OWP_Salary Basis
OWP_Value
OWP_Expense Amount
What would be the recommended module-based cube architecture for a company wanting to enable Financials and Capital, as well as create a Detailed Sales Forecasting cube with complex allocations and calculations, corresponding sales reporting cube, and consolidated reporting cube? (Choose the best answer.)
3 BSO cubes (1 required for the modules +2 custom BSO cubes), 2 ASO cubes
2 BSO cubes (1 required for the modules +1 custom BSO cubes), 2 ASO cubes
3 custom BSO cubes, 2 ASO cubes
3 BSO cubes (2 required for the modules +1 custom BSO cube), 2 ASO cubes
What is the purpose of selecting the Project Benefits option when enabling Projects? (Choose the best answer.)
To track the Workforce expense benefits calculated on each Contract project
To plan detailed project revenue for Contract projects
To help justify the need for projects and plan non-financial benefits
To plan detailed project expenses for projects
A company would like to configure Financials, Workforce, and Projects. They would like to plan and forecast the Project dimension in Financials, as well as track employee utilization in Projects. Which two actions must they take to ensure that the Project dimension is shared and the data integrated correctly across all three modules? (Choose two.)
In Workforce, ensure that the granularity is at Employee or Employee and Job
In Financials, rename one of the custom dimensions to "Project" and enable it
In Projects, ensure that the Employee driver-based expense is enabled
In Workforce, rename one of the custom dimensions to "Project" and enable it
What are four types of values that can be used in business rule run-time prompts? (Choose four.)
String
Substitution Variables
Member or members
Integer
Date as Number
Smart Lists
What three tasks can you perform in the Data Management Workbench? (Choose three.)
Export
Validate
Maintain Process Tables
Import
Delete Integration
In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)
To copy data from an aggregate storage database to a block storage database
To copy data from a block storage database to an aggregate storage database
To execute scripts that complete tasks using a scheduler
To import and export metadata, data, artifacts and snapshots
To promote financial plans to the next level in the approval hierarchy Copy data from one database to another; typically, from a block storage database to an aggregate storage database. You can create scripts that are capable of completing a wide array of tasks and automate their execution using a scheduler. Import and export metadata, data, artifact and application snapshots, templates, and Data Management mappings.
In Data Management, what are the steps you need to perform to synchronize the application metadata in the target application? (Choose the best answer.)
In Data Management, navigate to Application Dimensions and click Refresh Dimensions.
In Data Management, navigate to Import Format and select your Planning application. Click Refresh Dimensions.
In Data Management, navigate to Target Application and select your Planning application. Click Refresh Members.
In Data Management, to Target Application and select your Planning application. Click Refresh Metadata.
Which three accounts in Workforce leverage the Component dimension for driver and trendbased calculations? (Choose three.)
Revenue
Balance Sheet
Expense
Cash Flow
What is the correct sequence of steps for enabling each Planning module? Choose the best answer.
Enable the module, refresh the database
Run pre-configuration tasks, enable the module, configure the module
Configure the module, refresh the database
Enable the module, configure the module, run post configuration tasks
You want to move financial information from Projects to Financials for account level data. Which describes the action you can take to accomplish this? (Choose the best answer.)
In data maps, push data for the predefined Financial Statement Integration.
Rollup project data which pushes data to Financials based on account mappings.
On the Financials Integration Summary form, from the Actions menu, select PFP Detail to calculate project data.
In Financials, run the Financials Integration business rule to update data from Projects.
You want to share detailed benefits data from Workforce with Financials. Which statement describes the steps you must take? Choose the best answer.
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.
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.
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.
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.
After enabling Financials, which three are recommended configuration tasks? (Choose three.)
Setting up exchange rates (for multicurrency applications)
Removing custom dimensions
Adding custom expense driver categories
Adding custom dimensions
Completing Planning and Forecast Preparation
How do you add custom dimensions when you enable features? (Choose the best answer.)
By adding a new dimension with Data Management
By adding a new dimension to the cube in Create and Manage Dimensions
By renaming a dimension in Map/Rename Dimensions
By creating a new dimension in Application Overview
Which time period allows you to collect the most recent number of time periods and measure business performance over a specific time duration? (Choose the best answer.)
Deal Period
Sub Period
Trailing period
Base Period
Periods-to-Date
A company has enabled and configured Financials. Which are three recommended post configuration tasks? (Choose three.)
Entering exchange rates
Defining and managing the accounts and drivers
Specifying days in period for driver-based Balance Sheet
Running Financials rules to aggregate and calculate the data
Setting Up Planning and Forecast Preparation
Modifying account signage for alternate reporting methods
Which two client requirements align with using an ASO plan type alongside the module-based plan types? (Choose two.)
The client would like to plan revenue by Product and Services dimensions.
The client would like to report the results of the allocation process by Entity.
The client would like to store 10 years of actuals history for reporting purposes but only requires prior year history for planning purposes.
Due to sparse dimensionality, aggregation times are slow in the application.
The client has 10 dimensions in the application and needs to report at each intersection.
Which three are predefined Workforce business rules? (Choose three.)
Transfer
Plan Departure
Promote Employee
Change Job
Remove Existing Employee
In Strategic Modeling Simulations, what are the three guidelines for selecting the appropriate probability distribution? (Choose three.)
Select the distribution where the conditions of the distribution match those of the input.
Randomly generate a range of values for assumptions and enter best guess estimates one cell at a time.
Evaluate the input in question, and list the conditions surrounding this input.
Review the descriptions of the probability distributions.
Use the Monte Carlo method to best guess your probability distribution options based on a range of assumptions.
Which three artifacts can be imported from a flat file? (Choose three.)
Exchange Rate Tables
Smart Lists
Linked Reporting Objects
Cell Text
Dimensions
In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)
Project rates
Standard rates
Discount rates
Program mappings
Plan start year
Working days and hours
Which statement describes infolets? Choose the best answer.
Infolets help you personalize focused data slices that you frequently use for analysis.
Infolets help you quickly analyze data and understand key business questionss by presenting a visual overview of high-level, aggregated information.
Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
Infolets help you organize, track, and prioritize your workload.
Which two are supported funding methods in Strategic Modeling? (Choose two.)
Target Capital Structure funding method
Standard funding method
Proposed Projects funding method
Employee-based funding method
Which three describe the supported rolling forecast time periods in Financials? (Choosethree.)
4, 6, or 8 quarters
4, 12, 36 weeks
1, 2, 4, 5 years
13, 26, or 52 weeks
12, 18, 24, 30, 36, 48, or 60 months
Which describes Strategic Modeling? Choose the best answer.
Used to evaluate financial scenarios and perform financial impact analysis.
Used to evaluate how assets and resources related to corporate initiatives are allocated
Used primarily for balance sheet planning
Used to develop plans and forecasts and generate core financial statements
When calculating a tiered type of tax, what should be the selected 'Maximum Value Type'? (Choose the best answer.)
Threshold Amount
Percentage of Overall Earnings
Percentage of Salary
Percentage of Taxable Earnings
Flat Amount
What two form validation rules options are supported in Planning? (Choose two.)
When enabled, execute validations associated with the form for all users regardless of access rights when validating the Approval unit.
When enabled, all validations are run as the administrator and applied to the form members.
When enabled, the user variable for the approval dimension on the form will be replaced by the approval unit member before the validations are run.
When enabled, the system figures out which page combinations have potential data blocks and runs the validations regardless of those page combinations.
When enabled, the form will be validated multiple times by replacing the user variable from the approval unit dimension with every possible value.
If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)
Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.
You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.
You can perform calculations using existing rules, and plan using existing forms and dashboards.
You input or import your own accounts for each enabled feature.
Revenue planned in Projects is rolled up into Financials for contract projects. How must you set up the modules to share the data? Choose the best answer.
To capture Project revenue, enable Standard Rates from Projects.
When enabling Financials, create a custom Project dimension to map the data to.
In Projects, select an entity and map revenue accounts to Financials accounts for that entity.
Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.
Which three are use cases for data maps? (Choose three.)
To allow users to drill back to the data in a different cube.
To integrate data between custom plan types and Planning modules
To integrate data between Planning modules
To push data from a planning cube to a reporting cube
To create a replicated partition between cubes
Which REST API method would be used to execute a job in Planning? (Choose the best answer.)
POST
EXECUTE
GET
PUT
Which two methods can be used to push data between cubes? (Choose two.)
Data Management
Import Data
Data Maps
Copy Data
Which three do you need to enable in order to perform indirect cash flow statement planning? (Choose three.)
Expense
Cash Flow Statement
Income Statement
Balance Sheet
Revenue
If the HSP_VIEW dimension exists in the cube, what feature has been enabled? (Choose the best answer.)
Rolling Forecast
Intercompany Eliminations
Multicurrency
Sandboxes
Which three Financials members within the Plan Element dimension allow for forecast and plan data entry? (Choose three.)
OFS_Trend
OFS_Form Entry
OFS_% Increase/(Decrease)
OFS_Input
OFS_Direct Input
A company has enabled Financials and now would like to make changes to the initial configuration. Which three changes can be made? (Choose three.)
Enabling Expense
Enabling Income Statement
Disabling already enabled features
Adding custom dimensions
Enabling Rolling Forecast
Removing custom dimensions
After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)
If an existing employee was omitted from the load file, you can add that existing employee in Workforce. Then assign properties and compensation options for that employee.
To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.
If an existing employee was not loaded from the load file, you won't be able to add their compensation information before first adding them to the source system and reloading the file.
Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.
To override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.
Which two clients or command line tools can you download from Planning? (Choose two.)
Data Management
EPM Automate
Strategic Modeling Smart View add-on
Calculation Manager
Which three describe what you can do with Valid Intersections? (Choose three.)
Specify that certain programs are valid only for some periods or departments.
Restrict cells containing invalid data, setting them to a read-only state within forms.
filter cell intersections to users when they enter data or select runtime prompts
Prevent the user from executing any type of Calculation Manager rule that uses runtime prompts
Allow all users to select from a non-filtered list of members on the form's point of view
Which three can be automated with EPMAutomate? (Choose three.)
Import user security
Run a Business Rule
Import a file into the Planning inbox
Migrate a backup between test and production
Send an email to users
What account groups in Workforce is calculated using OPTIONS:
Benefits and Additional Earnings.
Random Answer 1
Random Answer 2
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