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1Z0-982 Sims & Oracle 1Z0-982 Question Explanations - Oracle Enterprise Planning And Budgeting Cloud Service 2017 Implementation Essentials - Royalholidayclubbed
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1z0-982 PDF DEMO:
QUESTION NO: 1
Which three Financial framework members within the Plan Element dimension allow for forecast and plan data entry? (Choose three.)
A. OFS_Trend
B. OFS_% Increase/(Decrease)
C. OFS_Input
D. OFS_Direct Input
E. OFS_Form Entry
Answer: A,C,D
Explanation
OFS_Trend Based Calculation / OFS_Rolling Trend Based Calc-Rules are run on save for driver and trend forms to calculate accounts based on the selected trend.
References: https://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/EPBCA.pdf
QUESTION NO: 2
Which statement is true when configuring the Projects option?
A. If using the Projects option, there is no dependency with the Capital option.
B. If using the Projects option, then the Capital option must also be configured.
C. If using the Projects option, then the Capital option and the Workforce option must be configured
D. If using the Projects option, then the Capital option must also be configured, only if capital projects are enabled.
Answer: D
Explanation
Optionally, for capital projects, you can allocate project expenses either partially or in full to one or more assets.
References:
Oracle Cloud, Administering Planning for Oracle Enterprise Planning and Budgeting Cloud, page 5-1
https://docs.oracle.com/cloud/latest/pbcs_common/EPBUG/EPBUG.pdf
QUESTION NO: 3
Which variable does NOT need to be set before executing the OWP_Process Loaded Data business rule?
A. &OEP_CurYr
B. &OEP_CurMnth
C. &OEP_StartMnth
D. &OEP_YearRange
Answer: B
QUESTION NO: 4
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.)
A. Indirect Method
B. Direct Method
C. Balance Sheet
D. Income Statement
E. Expense
F. Cash Flow Statement
Answer: A,C,D,F
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.
References:
https://docs.oracle.com/cloud/latest/pbcs_common/EPBCA/fin_enabling_financials_features_110xd b25742f.htm
QUESTION NO: 5
Which two statements are false? (Choose two.)
A. Dashboards are not available in PBCS
B. Users connect to Data Management to update their budget and forecast.
C. Business logic is often developed in Rules.
D. Approvals allows the business to approve changes and request updates to budget and forecast data.
Answer: A,B
Explanation
Data management can be used to import data.
You can associate cards with Dashboards.
References: Oracle Cloud, Administering Planning for Oracle Planning and Budgeting Cloud
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Updated: May 28, 2022
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