Updated Mar 02, 2024 Certification Exam 1z0-1080-22 Dumps - Practice Test Questions
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To be eligible for the Oracle 1Z0-1080-22 Certification Exam, candidates must have a strong knowledge of Oracle Planning Cloud and experience in implementing and managing enterprise planning solutions. It is recommended that candidates have at least two years of experience in implementing Oracle Planning Cloud solutions and knowledge of Oracle Hyperion Planning, Essbase, and Financial Management.
NEW QUESTION # 33
What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
- A. Enable the input option for upper level time periods when you add time detail.
- B. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
- C. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
- D. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
- E. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
Answer: A,D,E
NEW QUESTION # 34
Revenue planned in Projects is rolled up into Financials for contract projects. How must you set up the modules to share the data? Choose the best answer.
- A. When enabling Financials, create a custom Project dimension to map the data to.
- B. To capture Project revenue, enable Standard Rates from Projects.
- C. Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.
- D. In Projects, select an entity and map revenue accounts to Financials accounts for that entity.
Answer: A
NEW QUESTION # 35
Which three are benefits of using EPM Enterprise Cloud Service over EPM Standard Cloud Service? (Choose three.)
- A. enable preseeded configurable content including dimensions, models, forms, rules, dashboards, infolets, and reports for Strategic Modeling
- B. Custom Planning, which allows a high degree of business process customization to support business requirements
- C. with Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files
- D. use of the Groovy scripting language to create or customize business rules
- E. deploy more than one supported business process in the same instance
Answer: B,C,D
NEW QUESTION # 36
Which two roles can be set for Strategic Modeling? Choose two.
- A. Analyst
- B. Planner
- C. Forecaster
- D. Modeler
Answer: A,D
NEW QUESTION # 37
Which three can be automated with EPMAutomate? (Choose three.)
- A. Migrate a backup between test and production
- B. Run a Business Rule
- C. Import user security
- D. Send an email to users
- E. Import a file into the Planning inbox
Answer: A,B,E
NEW QUESTION # 38
What would be the recommended module-based cube architecture for a company wanting to enable Financials and Capital, as well as create a Detailed Sales Forecasting cube with complex allocations and calculations, corresponding sales reporting cube, and consolidated reporting cube? (Choose the best answer.)
- A. 2 BSO cubes (1 required for the modules +1 custom BSO cubes), 2 ASO cubes
- B. 3 BSO cubes (1 required for the modules +2 custom BSO cubes), 2 ASO cubes
- C. 3 BSO cubes (2 required for the modules +1 custom BSO cube), 2 ASO cubes
- D. 3 custom BSO cubes, 2 ASO cubes
Answer: C
NEW QUESTION # 39
In order to set up weekly planning for a continuous 18 months, which three options would need to be selected when initially configuring Financials? (Choose three.)
- A. Rolling Forecast
- B. Custom Periods
- C. Plan Element dimension
- D. Weeks to months mapping
- E. Weekly Planning
Answer: A,C,E
NEW QUESTION # 40
After loading Workforce data from external systems, which statement describes actions you can take to make adjustments to loaded data and then calculate compensation expenses? Choose the best answer.
- A. Change loaded salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.
- B. In Workforce, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
- C. Change loaded benefit information in Workforce such as options for medical benefits and then launch the compensation data business rule to calculate the updated benefit data.
- D. In Workforce, if you change both the selected benefit option and the rate, when compensation expenses are calculated, the value will be based on the benefit option's default value.
Answer: D
NEW QUESTION # 41
Which two methods can be used to push data between cubes? (Choose two.)
- A. Data Management
- B. Import Data
- C. Data Maps
- D. Copy Data
Answer: A,C
NEW QUESTION # 42
Which three describe what you can do with Valid Intersections? (Choose three.)
- A. allow all users to select from a non-filtered list of members on the form's point of view
- B. prevent the user from executing any type of Calculation Manager rule that uses runtime prompts
- C. restrict cells containing invalid data, setting them to a read-only state within forms.
- D. specify that certain programs are valid only for some periods or departments.
- E. filter cell intersections to users when they enter data or select runtime prompts
Answer: A,D,E
NEW QUESTION # 43
Which two are benefits of enabling Use Database Suppression in Smart Push? (Choose two.)
- A. It helps eliminate the impact on query thresholds and improving wait times.
- B. It allows you to continue using the application while Smart Push runs in the background.
- C. It automatically merges comments, attachments, and supporting detail when mapping a cube for reporting.
- D. It enables you to apply row suppression at the database level instead of the application level.
Answer: A,D
NEW QUESTION # 44
When setting up a data map, which two options are available for handling unmapped dimensions? (Choose two.)
- A. Selecting a single unmapped dimension member on the source to map to multiple unmapped dimension members on the target
- B. Selecting multiple unmapped dimension members on the source to map to multiple unmapped dimension members on the target
- C. Selecting a single unmapped dimension member on the source to map to a single unmapped dimension member on the target
- D. Selecting multiple unmapped dimension members on the source to map to a single unmapped dimension member on the target
Answer: C,D
NEW QUESTION # 45
You want to share detailed benefits data from Workforce with Financials.
Which statement describes the steps you must take? Choose the best answer.
- A. Enable and configure Financials, and Workforce. Then to capture Workforce expenses for employees, enable Standard Rates from Workforce. For the Compensation Data for Reporting data map, synchronize then push the data.
- B. Enable and configure Financials and Workforce. Then in the Workforce Benefits and Taxes wizard, select a financial account to map the benefit to. For Compensation Data, synchronize and run the data map.
- C. Enable and configure Financials, and Workforce. When enabling Workforce, create a custom Benefits dimension to map the data to. Then for the Financial Statement Integration data map, synchronize and push the data.
- D. Enable and configure Financials, and Workforce. When enabling Financials, create a custom Benefits dimension to map the data to. On the Financials Integration Summary form, run Calculate Compensation to update the Workforce data.
Answer: A
NEW QUESTION # 46
Which three metadata artifacts can be exported to a flat file? (Choose three.)
- A. Dimensions
- B. Exchange Rate Tables
- C. Smart Lists
- D. Linked Reporting Objects
- E. Data Entry Forms
Answer: A,B,C
NEW QUESTION # 47
In porting data from a BSO plan type to an ASO plan type, which method cannot be utilized? Choose the best answer.
- A. XWRITE business rule
- B. Export/Import Capabilities
- C. Data Maps
- D. Smart Push
Answer: A
NEW QUESTION # 48
Several users continuously use custom-created formulas in Excel to supplement their Planning form inputs.
What is another design alternative to reduce offline Excel maintenance? Choose the best answer.
- A. Reports
- B. Ad hoc forms
- C. Cell commentary
- D. Smart push
- E. Smart forms
Answer: E
NEW QUESTION # 49
Which two client requirements align with using an ASO plan type alongside the module-based plan types? (Choose two.)
- A. The client would like to store 10 years of actuals history for reporting purposes but only requires prior year history for planning purposes.
- B. Due to sparse dimensionality, aggregation times are slow in the application.
- C. The client would like to plan revenue by Product and Services dimensions.
- D. The client has 10 dimensions in the application and needs to report at each intersection.
- E. The client would like to report the results of the allocation process by Entity.
Answer: B,D
NEW QUESTION # 50
In Data Management, what are the steps you need to perform to synchronize the application metadata in the target application? (Choose the best answer.)
- A. In Data Management, navigate to Application Dimensions and click Refresh Dimensions.
- B. In Data Management, to Target Application and select your Planning application. Click Refresh Metadata.
- C. In Data Management, navigate to Target Application and select your Planning application. Click Refresh Members.
- D. In Data Management, navigate to Import Format and select your Planning application. Click Refresh Dimensions.
Answer: C
NEW QUESTION # 51
After enabling Financials, which three are recommended configuration tasks? (Choose three.)
- A. Setting up exchange rates (for multicurrency applications)
- B. Removing custom dimensions
- C. Adding custom expense driver categories
- D. Completing Planning and Forecast Preparation
- E. Adding custom dimensions
Answer: A,D,E
Explanation:
Reference:
fin_configuring_financials
104xdb20950b.html
NEW QUESTION # 52
Which option is true when implementing access permissions in Planning? (Choose the best answer.)
- A. Planning roles can be assigned to members in all dimensions in all modules in the application
- B. Users and groups are restricted from accessing applications by removing custom application and plan-type security
- C. A member that is set to read that has a parent with write access to all descendants will result in an access level of read
Answer: C
NEW QUESTION # 53
What is the purpose of selecting the Project Benefits option when enabling Projects? (Choose the best answer.)
- A. To track the Workforce expense benefits calculated on each Contract project
- B. To help justify the need for projects and plan non-financial benefits
- C. To plan detailed project expenses for projects
- D. To plan detailed project revenue for Contract projects
Answer: B
NEW QUESTION # 54
In order to be able to configure Additional Earnings in the Benefits and Taxes wizard, into which dimension do you have to import members? Choose the best answer.
- A. Property
- B. Component
- C. Pay Type
- D. Account
Answer: D
NEW QUESTION # 55
What does a navigation flow allow you to do? Choose the best answer.
- A. Customize the clusters and cards that a user can access
- B. Run multiple business rules in a predetermined sequence
- C. Display report variances by geography
- D. Promote a plan to your supervisor
Answer: A
Explanation:
The Navigation Flow Designer enables you to customize the business process interface. For example, you can change the names of the cards and clusters that display.
NEW QUESTION # 56
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