Planning 3

Question 1

46. Mass update forms in workforce:

Answer 1

1. Quickly update and process data on multiple existing employees or jobs and then process the updated data in WK
2. Review and edit info after data is loaded
3. Each form is associated with a Groovy rule that processes only changed data
4. You can change existing properties or add a new record then 1. apply configured default assign or override default assign and rates
5. After modify salary, you can re-apply configured default assign for B&T, Add. Earnings
6. Override default assignments and then apply the configured defaults

Question 2

46. About IPM - Intelligent Performance Management

Answer 2

1. Integrated directly in Planning applications ( predictive capabilities, insight discovery, fin pattern recognition)
2. Auto-predict improves accuracy of forecast using automated predictive capabilities
3. IPM Insights reduces time spent in analysis thanks to financial pattern recognition, offering insights to planners
4. ML Machine Learning Model Import, power of data science with what-if analysis on a trained ML model that has been imported into Planning application

Question 3

47. True about approval units

Answer 3

1. Approval units are the basic units for preparing, annotating, reviewing and approving plan data
2. Using approvals you submit plan data for a particular scenario, version and entity
3. Process :
   1. Set the approval units
   2. Designates who reviews/approves the plan data as data moves thru organization( promotion path)
   3. Begin planning cycle by officially starting each approval units
   
   4. Its state then changes to under review

Question 4

50. True about Optimize Dimension Order

Answer 4

1. Before optimizing dimension order, refresh database then backup application and download snapshot
2. Perform this task in test environment before production
3. Available only for Financials and Projects and only for provided BSO cubes created when you first enable and configure
4. This new order is maintained even If you enable additional feature/modules/applicatio

Question 5

51. Which three statements are true about migration snapshots ?

Answer 5

1. Oracle backs-up application & data to create a snapshot while performing daily maintenance
2. Service administrators cand create full-backup snapshots of environment or incremental backup snapshot of artifacts at any time
3. Generally, snapshots are compatible with previous/next updates
4. Files/snapshots created or uploaded deleted after 60days
5. Daily maintenance monitors the environment and automatically removes 60-days old snapshots
   
   1. If total size of snapshots > 150 GB - deletes snapshots from last 60-d (oldest) until <150GB
   2. Daily maintenance snapshot always retained irrespective of size.
   3. ``If maintainece snapshot > 150 GB - all other snapshots are deleted

Question 6

53. True statements about importing metadata from a flat file

Answer 6

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1. You can load multiple dimension at the same time/separate
2. Create an import file for each artifact you want to import
3. Import file must contain
1. Header record
2. Below a list of metadata records
3. Delimited list of properties value that matches the order designated in the header
4. File format .csv or .txt
5. If import file valid, load -> select location local/inbox ( server)
6. If import with jobs then upload file to the inbox/outbox explorer

Question 7

54. In Strategic Modelling, which three are benefits of Simulations?

Answer 7

1. Perform automated what-if analysis on Strategic Modeling models
2. Assign a range of possible value that are uncertain, and analyze how uncertainty affects related accounts
3. Quickly calculate/review hundreds of possible outcomes and likelihood of occurrence
4. Analyze best and worst case scenarios
5. Assess likelihood of meeting target goals
6. See how key uncertain inputs affect your bottom line
7. Simulations results will show range of forecast sales and their likelihood

Question 8

55. Freeform four statements to describe it?

Answer 8

1. You can create applications with multiple cubes/single cube then add later up to 12 total
2. The single cube can be created from existing Essbase outline (OTL) file or Essbase Migration package
3. Of the 12 cubes allowed, only first cube from OTL/Essbase Migration
4. Each multi-cube FreeForm application generates its own outline on Essbase. Dimensionality is shared but not outline
5. The cubes be can be any ASO/BSO combo.

Question 9

56. True statements about Machine Learning (ML)?

Answer 9

1. Data scientist gather and prepare historical data related to a business problem, train the algorithm and generate a PMML file
   
   2. EPM administrator cand then import and configure the fully trained ML model, which generates two Groovy rules.

Question 10

57. You can load data into planning using these Data Load Options

Answer 10

1. Planning Interface
2. RESTAPIs
3. EPM Automate
4. Migrations
5. Data Integration and Management (complex data mappings)