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What are two use cases for converting from Planning and Budgeting Cloud (PBCS) to Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose two.)
The ability to directly integrate with Enterprise Performance Reporting Cloud (EPRCS).
The ability to leverage out of the box frameworks, like Financials and Projects.
The ability to utilize a fully integrated application, with shared metadata and direct data flows between plan types.
The ability to use Data Management.
The ability to directly integrate with on-premise Hyperion Planning.
Answer: A, E
Explanation:
A: Enterprise Performance Reporting Cloud can be used through Integrated Sourcing
from EPM and BI Applications and Content.
E: You can load Human Resources data from Oracle Human Capital Management Cloud to use in the Oracle Hyperion Workforce Planning business process of Oracle Enterprise Planning and Budgeting Cloud.
QUESTION: 73
Which two scenario configuration options are available within the Planning and Forecasting preparation area? (Choose two.)
Configure the Long Range Planning scenario Annually
Configure the Actual scenario for years 1 through 3 Monthly
Configure the Forecast scenario for years 1 through 3 Monthly, and Years 6 thru 10 Annually
Configure the Plan scenario for years 1 through 3 Bi-Weekly
A company has enabled the Financials business process and now would like to make changes to the initial configuration. Which three changes can be made after the initial setup of the Financials framework? (Choose three.)
Disabling already enabled features
Enabling Rolling Forecast
Enabling Income Statement
Enabling Expense
Removing custom dimensions
Adding custom dimensions
Answer: C, D, F
Explanation:
C: Financials offers three different Income Statement formats. The account groupings created are based on your selection to produce an Income Statement. You can select both
Gross Margin and Contribution Margin reporting. Contribution Margin adds rollup accounts. Additional Options adds rollups to the income statement hierarchy. Requires Revenue and Expense planning.
D: Enable common expense accounts for planning purposes. Enable significant expense categories to perform driver based planning. For example if you enable compensation, salary expense will be derived using headcount and average salary. You can enable drivers at any time. F: If you are enabling features for the first time, you must define all custom dimensions. You can’t define these later.
QUESTION: 75
Which two are NOT true with a Planning and Budgeting Cloud (PBCS) application? (Choose two.)
Three custom planning applications can be Initialized
Four custom reporting applications can be initialized
Approvals is not included
Groovy calculations are available
Answer: B, C
Explanation:
B: These are planning applications, not reporting applications.
C: An approval unit is the basic unit for preparing, annotating, reviewing, and approving plan data. Approval units are combinations of scenario, version, and entity or part of an entity. You can have one scenario/version combination per approval unit. Scenarios and versions are the basis of the review cycle. Approval units submit planning data for a scenario and version.
QUESTION: 76
A company wants to remove existing level zero data before allocating data back down to those same members. Which two graphical designer objects will help achieve this calculation process? (Choose two.)
Member Block
Clear Data
Allocation
Amount-Unit-Rate
Copy Data
Answer: B, C
QUESTION: 77
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.)
Service Administrator
Identity Domain Administrator
Approvals Administrator
System Administrator
Answer: A, B
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 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
Which Substitution Variables are used in the ‘Process Loaded Data’ Business Rule?
&OEP_CurMnth, &OEP_CurYr, &OEP_YearRange
&OEP_FcstMnth, &OEP_FcstYr, &OEP_FcstEndYr
&OEP_PlanMnth, &OEP_PlanYr, &OEP_PlanRange
&OEP_LoadMnth, &OEP_LoadYr, &OEP_LoadRange
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.
When calculating a tiered type of tax, what should be the selected ‘Maximum Value Type’?
Threshold Amount
Percentage of Taxable Earnings
Percentage of Salary
Flat Amount
Percentage of Overall Earnings
Answer: A
Explanation:
Setting the Maximum Value Type to Threshold Amount is available only for Taxes (not Additional Earnings or Benefits). If the Maximum Value Type is set to Threshold Amount, then the threshold of each tier drives the tiered calculations. The application applies all tiers to the default assignment, as appropriate, regardless of the tier assigned as a default.
A company wants to enable Cash Flow within the Financials framework using a derived method based on Operating, Investing, and Financing activities.
Which four options must be enabled to properly configure the Cash Flow Statement this way? (Choose four.)
Balance Sheet
Cash Flow Statement
Direct Method
Indirect Method
Income Statement
Expense
Answer: A, B, D, E
Explanation:
Enabling Financials Features: Cash Flow Statement
The Indirect Method derives cash flow from Operating, Investing and Financing activities. To use this method, you must also enable Income Statement, and Balance Sheet.
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Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation exam
Datavail proclaims Acquisition of AdvancedEPM Consulting | 1Z0-982 Real Questions and VCE Practice Test
BROOMFIELD, Colorado, and CLEVELAND, Ohio – WEBWIRE – Monday, March 6, 2017
Datavail, a leading provider of managed features for database administration, analytics, and utility life cycle administration, today announced the acquisition of AdvancedEPM Consulting, an Oracle Platinum companion concentrated on Oracle business performance administration (EPM) options.
The acquisition of AdvancedEPM is a component of Datavail’s boom method to build on Datavail’s core capabilities in facts and software operation and integration. AdvancedEPM’s competencies in Oracle software cloud implementation and customization should be mixed with Datavail’s expertise to create an end-to-end software life cycle providing to assist the Oracle EPM solution stack.
As a Platinum-degree member of the Oracle® PartnerNetwork and an Oracle speed up answer issuer, AdvancedEPM has extensive, palms-on utility abilities, deep practical potential, and integrated technical expertise throughout Oracle’s enterprise efficiency management product suite. established in 2007, AdvancedEPM has core competencies within the Oracle Hyperion Planning, Oracle Essbase, Oracle Hyperion monetary administration, Oracle facts Relationship administration products with software and business specializations in accelerate for Midsize organizations, monetary functions, high technology, herbal resources, Industrial Manufacturing, chemicals, Wholesale Distribution, customer items, Oracle Planning Budgeting Cloud services (PBCS), and enterprise efficiency Reporting Cloud carrier (EPRCS).
AdvancedEPM currently launched the Oracle-Hyperion EPM Toolbox 3.0, which is a collection of equipment that simplify the administration initiatives associated with managing and supporting EPM solutions. The toolbox is designed to help system directors be extra effective and productive by using proposing pre-constructed utilities and scripts.
“AdvancedEPM is among the leaders in assisting companies leverage Oracle’s cloud-based planning and budgeting solutions, and has one of the crucial most experienced consultants within the Oracle Hyperion area,” referred to Scott Frock, COO of Datavail. “we're excited so as to add them to the ever-starting to be Datavail group as part of our Oracle functions enlargement.”
Datavail manages the records features for a whole lot of consumers, both on premise and within the cloud, and works with those customers on comprehensive, end-to-end managed operations, and assist.
Todd Rebner, Founder & CEO of AdvancedEPM, will continue to be with the firm to go Datavail’s EPM apply. “i am excited to be capable of mix the energy of AdvancedEPM consultants with Datavail’s support platform to fill a niche out there for full-carrier commercial enterprise performance management features,” noted Rebner. “The nimbleness of AdvancedEPM in assisting purchasers right away and effectively put into effect EPM options will be strengthened by means of Datavail’s mature managed provider potential.”
This acquisition is the third by using Datavail during the past year. It got artwork of BI, an Oracle business Intelligence (BI) consultancy, in July 2016; and Navantis, a Canadian-primarily based Microsoft consultancy, in January 2017. The acquisitions were enabled by Datavail’s new $forty seven million capital funding circular in December 2015 designed to allow future increase initiatives, together with expansion into markets adjacent to the database and commercial enterprise statistics management functions market.
About DatavailDatavail gives a large range of functions in aid of databases, analytics, and functions and focuses on Oracle, Oracle E-business Suite, OBIEE and OBIA, Hyperion, Microsoft SQL Server, MySQL, MongoDB, DB2 and SharePoint. Datavail is a number one company of facts integration and database administration functions in North the usa, offering 24×7 managed database, purposes and BI/DW functions, design, architecture, and staffing. With greater than 850 employees on payroll and core operations in 4 nations, Datavail offers deep technical advantage in a versatile, agile engagement mannequin that focuses on client success. established in 2007, Datavail is based mostly in Broomfield, Colorado and supports commercial enterprise purchasers located global. For extra assistance, consult with www.datavail.com.
About AdvancedEPM ConsultingAdvancedEPM Consulting, Inc. is a premier tips know-how consulting company and Platinum-degree member in OPN, exclusively concentrated on Oracle Hyperion commercial enterprise performance administration (EPM), enterprise useful resource Planning (ERP), Human Capital administration (HCM), and company Intelligence (BI) options. AdvancedEPM Consulting distributes the Hyperion Toolbox three.0 diagnostic software to its consumers. For greater guidance, talk over with www.advancedepm.com.###
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