Question 1

You want to include Named Assets in Capital. Which two tasks can you perform when enabling Named Assets?

Options :

A : Add the names of assets to plan at the detail level.

B :

Specify the likely number of tangible and intangible assets that you want to add in a planning cycle.

C : Decrease the number of named assets after enabling Named Assets.

D : Increase the number of named assets after enabling Named Assets.

Answer: A,D

Question 2

Which two statements are true about approval units?

Options :

A : You can have up to three scenario/version combinations per approval unit.

B : Approval units are combinations of scenario, version, and entity or part of an entity.

C : Approval units can also include secondary dimensions within any entity.

D : You can set the option in Application Settings to include detailed annotations for approval units

Answer: B,C

Question 3

You want to select a probability distribution for your Strategic Modeling simulation. The minimum and maximum are fixed, and you know the most likely values. Which probability distribution is useful with limited data in situations such as sales estimates, inventory numbers, and marketing costs in Strategic Modeling simulations?

Options :

A : Beta PERT

B : Uniform

C : Triangular

D : Normal

E : Lognormal

Answer: C

Question 4

In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC 842 standards?

Options :

A :

To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency.

B :

If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset.

C : Once assigned, you cannot override the Low Value Lease Amount for an asset.

D :

Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones.

E :

You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset.

Answer: B,C,E

Question 5

You are preparing to design a report in Cloud EPM Planning using Report Designer. Which two statements are true about data sources in reports?

Options :

A : Insert charts in the report header to provide a quick visual summary of data.

B : Include a chart in your report without displaying the underlying data grid.

C : Control the way a report object is printed on the page relative to other report objects.

D : Insert a report object into the report if you are in Modify mode.

Answer: B,C

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