1z0-1080-22 Practice Oracle Verified Answers - Pass Your Exams For Sure! [2023]
Valid Way To Pass Oracle Enterprise Planning and Budgeting Cloud Service's 1z0-1080-22 Exam
Oracle 1z0-1080-22 certification exam is designed for professionals who want to demonstrate their expertise in Oracle Planning Cloud. 1z0-1080-22 exam is designed to test the candidate's knowledge and skills in implementing Oracle Planning Cloud solutions in various industries. 1z0-1080-22 exam is suitable for professionals who work as consultants, developers, solution architects, and project managers.
NEW QUESTION # 30
Which describes Strategic Modeling? Choose the best answer.
- A. Used to evaluate how assets and resources related to corporate initiatives are allocated
- B. Used primarily for balance sheet planning
- C. Used to evaluate financial scenarios and perform financial impact analysis.
- D. Used to develop plans and forecasts and generate core financial statements
Answer: C
NEW QUESTION # 31
After enabling Financials, which three are recommended configuration tasks? (Choose three.)
- A. Completing Planning and Forecast Preparation
- B. Setting up exchange rates (for multicurrency applications)
- C. Removing custom dimensions
- D. Adding custom expense driver categories
- E. Adding custom dimensions
Answer: A,B,E
Explanation:
Reference:
fin_configuring_financials
104xdb20950b.html
NEW QUESTION # 32
If the HSP_VIEW dimension exists in the cube, what feature has been enabled? (Choose the best answer.)
- A. Multicurrency
- B. Sandboxes
- C. Rolling Forecast
- D. Intercompany Eliminations
Answer: B
Explanation:
When a cube is enabled for sandboxes, the HSP_View dimension is created.
NEW QUESTION # 33
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. Cell commentary
- B. Reports
- C. Smart forms
- D. Ad hoc forms
- E. Smart push
Answer: C
NEW QUESTION # 34
Which three statements are TRUE for Sandboxes? (Choose three.)
- A. After you enable sandboxes for a cube, you can't later disable that option.
- B. You can enable sandboxes only in Planning cubes and for custom cubes created in module-based Planning, not for Reporting cubes.
- C. You can enable sandboxes for all Planning cubes and Reporting cubes.
- D. If you enable sandboxes for a cube, Version members have the Enable Sandboxes option.
- E. After you enable sandboxes for a cube, you can later disable that option.
Answer: A,B,D
NEW QUESTION # 35
Which two client requirements align with using an ASO plan type alongside the module-based plan types? (Choose two.)
- A. Due to sparse dimensionality, aggregation times are slow in the application.
- B. The client would like to store 10 years of actuals history for reporting purposes but only requires prior year history for planning purposes.
- C. The client has 10 dimensions in the application and needs to report at each intersection.
- D. The client would like to report the results of the allocation process by Entity.
- E. The client would like to plan revenue by Product and Services dimensions.
Answer: A,C
NEW QUESTION # 36
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. 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.
- B. Change loaded salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.
- 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, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
Answer: A
NEW QUESTION # 37
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. Data Maps
- C. Smart Push
- D. Export/Import Capabilities
Answer: A
NEW QUESTION # 38
Which two are supported funding methods in Strategic Modeling? (Choose two.)
- A. Standard funding method
- B. Employee-based funding method
- C. Proposed Projects funding method
- D. Target Capital Structure funding method
Answer: A,D
NEW QUESTION # 39
Which two methods can be used to push data between cubes? (Choose two.)
- A. Data Management
- B. Copy Data
- C. Data Maps
- D. Import Data
Answer: A,C
NEW QUESTION # 40
Which three are use cases for data maps? (Choose three.)
- A. To create a replicated partition between cubes
- B. To allow users to drill back to the data in a different cube.
- C. To push data from a planning cube to a reporting cube
- D. To integrate data between custom plan types and Planning modules
- E. To integrate data between Planning modules
Answer: B,D,E
NEW QUESTION # 41
Which card allows you to enable modules? (Choose the best answer.)
- A. Overview
- B. Data Maps
- C. Configure
- D. Settings
- E. Valid Intersections
Answer: C
NEW QUESTION # 42
What is the difference between Financials and Strategic Modeling? (Choose the best answer.)
- A. Ownership Contributions and Consolidations are out of the box in Financials
- B. Financials is more summarized than Strategic Modeling
- C. There is not a technical difference, both do essentially the same thing
- D. Strategic Modeling is broader in focus and used for long range planning
Answer: D
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 # 43
Which three security design principles can help reduce overall security maintenance and troubleshooting, while still balancing security control? (Choose three.)
- A. Using inherited permissions
- B. Assigning global read access to each cube, then fine-tuning none and write access within dimensional security
- C. Creating groups over assigning individual access permissions to users
- D. Configuring single sign-on (SSO)
- E. Assigning a higher level role than necessary, then scaling back access permissions
Answer: A,C,E
NEW QUESTION # 44
In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)
- A. Working days and hours
- B. Program mappings
- C. Standard rates
- D. Project rates
- E. Plan start year
- F. Discount rates
Answer: A,B,D
NEW QUESTION # 45
In Strategic Modeling Simulations, which probability distribution describes many phenomena such as returns on equity or assets, inflation rates, or currency fluctuations? (Choose the best answer.)
- A. Uniform
- B. Triangular
- C. BetaPERT
- D. Normal
- E. Lognormal
Answer: D
NEW QUESTION # 46
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. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
- C. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
- D. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
- E. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
Answer: A,B,C
NEW QUESTION # 47
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. All forms that do not exist in the snapshot will be deleted.
- D. Importing Dimensions will remove members that do not exist in the snapshot.
Answer: A
NEW QUESTION # 48
In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)
- A. To copy data from an aggregate storage database to a block storage database
- B. To promote financial plans to the next level in the approval hierarchy
- C. To execute scripts that complete tasks using a scheduler
- D. To copy data from a block storage database to an aggregate storage database
- E. To import and export metadata, data, artifacts and snapshots
Answer: C,D,E
Explanation:
Copy data from one database to another; typically, from a block storage database to an aggregate storage database. You can create scripts that are capable of completing a wide array of tasks and automate their execution using a scheduler. Import and export metadata, data, artifact and application snapshots, templates, and Data Management mappings.
NEW QUESTION # 49
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