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Oracle Planning 2024 Implementation Professional (1z0-1080-24) Questions
Question No : 1) You want to move financial information from Projects to Financials for account level data. Which describes the action you can take to accomplish this? (Choose the best answer.)
A. In data maps, push data for the predefined Financial Statement Integration.
B. Rollup project data which pushes data to Financials based on account mappings.
C. Onthe Financials Integration Summary form, from the Actions menu, select PFP Detail to calculate project data.
D. In Financials, run the Financials Integration business rule to update data from Projects.
Question No : 2) Which two statements are true regarding the creation and management of business rules in module-based Planning? (Choose two.)
A. Pre-defined business rules for modules may be modified, but may be ignored after an application upgrade.
B. Custom business rules for modules can only be created using the graphical designer.
C. Custom business rules can be created for each module.
D. Modules cannot use regular business rules. Instead, they must be scripted using Groovy.
Question No : 3) What three actions can you perform on the data displayed in the Data Integration Workbench (Choose three.)
A. Re-register or modify the data source system
B. Open loaded data in Microsoft Excel
C. Apply a filter using Equal anda specific value
D. Apply a filter using Contains and a specific value
E. Drill-through to source from specified data cells
Question No : 4) 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 plan revenue by Product and Services dimensions.
B. The client would like to report the results of the allocation process by Entity.
C. The client would like to store 10 years of actuals history for reporting purposes but only requires prior year history for planning purposes.
D. Dueto sparse dimensionality, aggregation times are slow in the application.
E. The client has 10 dimensions in the application and needs to report at each intersection.
Question No : 5) What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
A. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
B. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
C. Enable the input option for upper level time periods when you add time detail.
D. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
E. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
Question No : 6) 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. Weeks to months mapping
D. Plan Element dimension
E. Weekly Planning
Question No : 7) 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. Pay Type
B. Property
C. Component
D. Account
Question No : 8) When setting up a datamap, 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 multiple unmapped dimension members on the source to map to a single unmapped dimension member on the target
D. Selecting a single unmapped dimension member on the source to map to a single unmapped dimension member on the target
Question No : 9) 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. Adding custom dimensions
E. Completing Planning and Forecast Preparation
Question No : 10) Which two clients or command line tools can you download from Planning? (Choose two.)
A. Data Management
B. EPMAutomate
C. Strategic Modeling Smart View add-on
D. Calculation Manager
Question No : 11) Which three are benefits of using EPMEnterprise 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. with Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files
C. Custom Planning, which allows a high degree of business process customization to support business requirements
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
Question No : 12) What is the correct sequence of steps for enabling each Planning module? Choose the best answer.
A. Enable the module, refresh the database
B. Run pre-configuration tasks, enable the module, configure the module
C. Configure the module, refresh the database
D. Enable the module, configure the module, run post configuration tasks
Question No : 13) Which card allows you to enable modules? (Choose the best answer.)
A. Valid Intersections
B. Data Maps
C. Overview
D. Settings
E. Configure
Question No : 14) 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. To capture Project revenue, enable Standard Rates from Projects.
B. When enabling Financials, create a custom Project dimension to map the data to.
C. In Projects, select an entity and map revenue accounts to Financials accounts for that entity.
D. Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.
Question No : 15) Which statement is true when executing a lifecycle management migration? Choose the best answer.
A. Restoring Essbase data from a snapshot will removeany data that doesn’t exist in the backup.
B. Importing Dimensions will remove members that do not exist in the snapshot.
C. Selected slices of data can be imported into Essbase.
D. All forms that do not exist in the snapshot will be deleted.
1z0-1080-24 Answers