[2024] Pass Key features of 1z0-1080-22 Course with Updated 72 Questions
1z0-1080-22 Sample Practice Exam Questions 2024 Updated Verified
Oracle 1Z0-1080-22 Certification Exam is highly regarded in the industry and is recognized by employers worldwide as a benchmark for excellence in enterprise planning and budgeting. Achieving this certification demonstrates a professional's ability to design and implement enterprise planning solutions using Oracle Planning Cloud, and can lead to increased job opportunities and career growth.
NEW QUESTION # 12
Which card allows you to enable modules? (Choose the best answer.)
- A. Settings
- B. Configure
- C. Overview
- D. Valid Intersections
- E. Data Maps
Answer: B
NEW QUESTION # 13
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. Smart Push
- D. Data Maps
Answer: A
NEW QUESTION # 14
What is the difference between Financials and Strategic Modeling? (Choose the best answer.)
- A. Financials is more summarized than Strategic Modeling
- B. There is not a technical difference, both do essentially the same thing
- C. Strategic Modeling is broader in focus and used for long range planning
- D. Ownership Contributions and Consolidations are out of the box in Financials
Answer: C
Explanation:
Your strategic planning and your business planning should be complementary, but effective strategy development requires you to shift your focus from the day-to-day concerns of your business and to consider your broader and longer-term options.
NEW QUESTION # 15
Which three are benefits of using EPM Enterprise Cloud Service over EPM Standard Cloud Service? (Choose three.)
- A. use of the Groovy scripting language to create or customize business rules
- B. enable preseeded configurable content including dimensions, models, forms, rules, dashboards, infolets, and reports for Strategic Modeling
- C. Custom Planning, which allows a high degree of business process customization to support business requirements
- D. with Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files
- E. deploy more than one supported business process in the same instance
Answer: A,C,D
NEW QUESTION # 16
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, navigate to Target Application and select your Planning application. Click Refresh Members.
- C. In Data Management, navigate to Import Format and select your Planning application. Click Refresh Dimensions.
- D. In Data Management, to Target Application and select your Planning application. Click Refresh Metadata.
Answer: B
NEW QUESTION # 17
After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)
- A. To override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.
- B. Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.
- C. To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.
- D. If an existing employee was omitted from the load file, you can add that existing employee in Workforce.
Then assign properties and compensation options for that employee. - E. If an existing employee was not loaded from the load file, you won't be able to add their compensation information before first adding them to the source system and reloading the file.
Answer: B,C
NEW QUESTION # 18
In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
- A. Monthly, Quarterly, or Semiannually
- B. When Paid
- C. When Billed
- D. After Completion
Answer: B
NEW QUESTION # 19
Which three can be automated with EPMAutomate? (Choose three.)
- A. Import user security
- B. Import a file into the Planning inbox
- C. Send an email to users
- D. Run a Business Rule
- E. Migrate a backup between test and production
Answer: B,D,E
NEW QUESTION # 20
Which two are supported funding methods in Strategic Modeling? (Choose two.)
- A. Proposed Projects funding method
- B. Employee-based funding method
- C. Target Capital Structure funding method
- D. Standard funding method
Answer: C,D
NEW QUESTION # 21
When loading Salaries into Workforce, which Property should the values be loaded to? (Choose the best answer.)
- A. OWP_Value
- B. OWP_Expense Amount
- C. OWP_Gross Earnings
- D. OWP_Salary Basis
Answer: D
Explanation:
The salary basis specifies the frequency of the amount sent to payroll and stored as salary, such as annual or hourly amount. It also specifies the payroll element and input value that feeds the salary to payroll and the grade rate that provides the salary range.
NEW QUESTION # 22
What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
- A. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
- B. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
- C. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
- D. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
- E. Enable the input option for upper level time periods when you add time detail.
Answer: C,D,E
NEW QUESTION # 23
Which describes Strategic Modeling? Choose the best answer.
- A. Used to evaluate how assets and resources related to corporate initiatives are allocated
- B. Used to evaluate financial scenarios and perform financial impact analysis.
- C. Used primarily for balance sheet planning
- D. Used to develop plans and forecasts and generate core financial statements
Answer: B
NEW QUESTION # 24
Which three security design principles can help reduce overall security maintenance and troubleshooting, while still balancing security control? (Choose three.)
- A. Configuring single sign-on (SSO)
- B. Using inherited permissions
- C. Assigning global read access to each cube, then fine-tuning none and write access within dimensional security
- D. Assigning a higher level role than necessary, then scaling back access permissions
- E. Creating groups over assigning individual access permissions to users
Answer: B,D,E
NEW QUESTION # 25
When calculating a tiered type of tax, what should be the selected 'Maximum Value Type'? (Choose the best answer.)
- A. Percentage of Overall Earnings
- B. Percentage of Taxable Earnings
- C. Flat Amount
- D. Percentage of Salary
- E. Threshold Amount
Answer: E
Explanation:
Setting the Maximum Value Type to Threshold Amount is available only for Taxes.
NEW QUESTION # 26
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 custom BSO cubes, 2 ASO cubes
- C. 3 BSO cubes (2 required for the modules +1 custom BSO cube), 2 ASO cubes
- D. 3 BSO cubes (1 required for the modules +2 custom BSO cubes), 2 ASO cubes
Answer: C
NEW QUESTION # 27
What are the two primary use cases for an ASO reporting cube? (Choose two.)
- A. You want to report on new Planning data originating from any source, such as a data warehouse
- B. You want to report on Smart Lists in Planning, which you can't do in Planning
- C. You want to create, maintain, and report on Attribute dimensions
- D. You want to create and execute Calculation Manager business rules
Answer: B,C
NEW QUESTION # 28
Which two roles can be set for Strategic Modeling? Choose two.
- A. Analyst
- B. Planner
- C. Modeler
- D. Forecaster
Answer: A,C
NEW QUESTION # 29
Which two tasks can be scheduled as a job in Planning? (Choose two.)
- A. Execute Data Maps
- B. Create snapshots
- C. Promote a Planning Unit
- D. Import or export data
Answer: C,D
NEW QUESTION # 30
If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)
- A. You input or import your own accounts for each enabled feature.
- B. You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
- C. Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.
- D. You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.
- E. You can perform calculations using existing rules, and plan using existing forms and dashboards.
- F. You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
Answer: A,B,E,F
NEW QUESTION # 31
Which statement is true when executing a lifecycle management migration? Choose the best answer.
- A. Selected slices of data can be imported into Essbase.
- B. Restoring Essbase data from a snapshot will remove any data that doesn't exist in the backup.
- C. Importing Dimensions will remove members that do not exist in the snapshot.
- D. All forms that do not exist in the snapshot will be deleted.
Answer: A
NEW QUESTION # 32
If the HSP_VIEW dimension exists in the cube, what feature has been enabled? (Choose the best answer.)
- A. Sandboxes
- B. Rolling Forecast
- C. Multicurrency
- D. Intercompany Eliminations
Answer: A
Explanation:
When a cube is enabled for sandboxes, the HSP_View dimension is created.
NEW QUESTION # 33
Which option is true when implementing access permissions in Planning? (Choose the best answer.)
- A. Users and groups are restricted from accessing applications by removing custom application and plan-type security
- B. Planning roles can be assigned to members in all dimensions in all modules in the application
- 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 # 34
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 enables you to apply row suppression at the database level instead of the application level.
- D. It automatically merges comments, attachments, and supporting detail when mapping a cube for reporting.
Answer: A,C
NEW QUESTION # 35
Which statement describes infolets? Choose the best answer.
- A. Infolets help you quickly analyze data and understand key business questionss by presenting a visual overview of high-level, aggregated information.
- B. Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
- C. Infolets help you personalize focused data slices that you frequently use for analysis.
- D. Infolets help you organize, track, and prioritize your workload.
Answer: A
NEW QUESTION # 36
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Oracle 1z0-1080-22 exam is designed for professionals who want to become certified in Oracle Planning 2022 implementation. Oracle Planning 2022 Implementation Professional certification is aimed at individuals who have experience working with Oracle Planning Cloud and want to gain a deeper understanding of the platform. 1z0-1080-22 exam covers a wide range of topics related to Oracle Planning Cloud, including implementation, configuration, and administration.
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