Question 1

What feature can Service Administrators use to automatically complete all the actions required to create an exact copy of the current application in a target environment? This includes the removal of the current application and data, if any, from the target environment.

Options :

A : Replicate Snapshot

B : Migration Export

C : Clone Snapshot

D : Migration Backup

Answer: C

Question 2

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 3

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 4

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

Question 5

Which dimension must members be imported into to configure Additional Earnings in the Benefits and Taxes wizard?

Options :

A : Component

B : Account

C : Property

D : Pay Type

Answer: A

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