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Oracle Planning 2024 Implementation Professional (1z0-1080-24) Free Questions - Part 4

Question No : 46)  Which three artifacts can be imported from a flat file? (Choose three.)

A. Exchange Rate Tables

B. Smart Lists

C. Linked Reporting Objects

D. Cell Text

E. Dimensions

 

Question No : 47) In Financials, you want to see asset related expenses such as depreciation, amortization, and insurance. Which describes the steps you can take to set this up? (Choose the best answer.)

A. Set up the Equipment Expense Reporting Capex data map to map asset related expenses to Financials.

B. On the Configure page for Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.

C. On the Configure page for Financials, when enabling features, include a custom dimension to store asset related information. 

D. On the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.

 

Question No : 48) Which describes Strategic Modeling? Choose the best answer.

A. Used to evaluate financial scenarios andperform financial impact analysis.

B. Used to evaluate how assets and resources related to corporate initiatives are allocated

C. Used primarily for balance sheet planning

D. Used to develop plans and forecasts and generate core financial statements

 

Question No : 49) In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.

A. Monthly, Quarterly, or Semiannually

B. After Completion

C. When Paid

D. When Billed

 

Question No : 50) Which three describe what you can do with Valid Intersections? (Choose three.)

A. specify that certain programs are valid only for some periods or departments.

B. restrict cells containing invalid data, setting them to a read-only state within forms.

C. filter cell intersections to users when they enter data or select runtime prompts

D. prevent the user from executing any type of Calculation Manager rule that uses runtime prompts

E. allow all users to select from a non-filtered list of members on the form’s point of view

 

Question No : 51) A company has enabled Financials and now would like to make changes to the initial configuration. Which three changes can be made? (Choose three.)

A. Enabling Expense

B. Enabling Income Statement

C. Disabling already enabled features

D. Adding custom dimensions

E. Enabling Rolling Forecast

F. Removing custom dimensions

 

Question No : 52) After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)

A. 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.

B. 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.

C. 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.

D. Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.

E. To override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.

 

Question No : 53) Whenever you change dimensionality in a target cube, what action on the Data Maps page must you take to ensure that you see metadata changes immediately? (Choose the best answer.)

A. Select the corresponding data map, and Refresh the Database.

B. Select the corresponding data map, and execute the Synchronize Defaults Business.

C. Select the corresponding data map, and Synchronize to refresh the data,

D. Select the corresponding data map, and execute the Synchronize Components Business Rule.

 

Question No : 54) When calculating a tiered type of tax, what should be the selected ‘Maximum Value Type’? (Choose the best answer.)

A. Threshold Amount

B. Percentage of Overall Earnings

C. Percentage of Salary

D. Percentage of Taxable Earnings

E. Flat Amount

 

Question No : 55) 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. 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.

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 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.

D. 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.

 

Question No : 56) How do you add custom dimensions when you enable features? (Choose the best answer.)

A. By adding a new dimension with Data Management

B. By adding a new dimension to the cube in Create and Manage Dimensions

C. By renaming a dimension in Map/Rename Dimensions

D. By creating a new dimension in Application Overview

 

Question No : 57) 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 plan detailed project revenue for Contract projects

C. To help justify the need for projects and plan non-financial benefits

D. To plan detailed project expenses for projects

 

Question No : 58) What are four types of values that can be used in business rule run-time prompts? (Choose four.)

A. String

B. Substitution Variables

C. Member or members

D. Integer

E. Date as Number

F. Smart Lists

 

Question No : 59) If the HSP_VIEW dimension exists in the cube,what feature has been enabled? (Choose the best answer.)

A. Rolling Forecast

B. Intercompany Eliminations

C. Multicurrency

D. Sandboxes

 

Question No : 60) Which three can be automated with EPM Automate? (Choose three.)

A. Import user security

B. Run a Business Rule

C. Import a file into the Planning inbox

D. Migrate a backup between test and production

E. Send an email to users

 

1z0-1080-24 Answers

 

Part 1

Part 2

Part 3

Part 4

Part 5

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