Latest Mar-2024 1z0-1080-22 Dumps PDF And Certification Training
Check your preparation for Oracle 1z0-1080-22 On-Demand Exam
Oracle 1z0-1080-22 certification exam is recognized worldwide and is highly valued by employers in various industries, including finance, manufacturing, and healthcare. Oracle Planning 2022 Implementation Professional certification demonstrates that you have the skills and knowledge needed to implement Oracle Planning Cloud solutions and can help you stand out from other applicants when applying for jobs. It also provides a competitive advantage in the job market and can lead to higher salaries and better job opportunities.
NEW QUESTION # 24
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 has 10 dimensions in the application and needs to report at each intersection.
- 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. Due to sparse dimensionality, aggregation times are slow in the application.
- E. The client would like to report the results of the allocation process by Entity.
Answer: B,D
NEW QUESTION # 25
Which three accounts in Workforce leverage the Component dimension for driver and trend-based calculations? (Choose three.)
- A. Revenue
- B. Cash Flow
- C. Expense
- D. Balance Sheet
Answer: A,C,D
NEW QUESTION # 26
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 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.
- B. 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.
- C. 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.
- 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: C
NEW QUESTION # 27
When calculating a tiered type of tax, what should be the selected 'Maximum Value Type'? (Choose the best answer.)
- A. Flat Amount
- B. Percentage of Taxable Earnings
- C. Percentage of Overall Earnings
- D. Threshold Amount
- E. Percentage of Salary
Answer: D
Explanation:
Setting the Maximum Value Type to Threshold Amount is available only for Taxes.
NEW QUESTION # 28
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. Lognormal
- B. Triangular
- C. Normal
- D. Uniform
- E. BetaPERT
Answer: C
NEW QUESTION # 29
Which two roles can be set for Strategic Modeling? Choose two.
- A. Forecaster
- B. Analyst
- C. Planner
- D. Modeler
Answer: B,D
NEW QUESTION # 30
Which two are displayed on the user point of view bar within a financial report? Choose two.
- A. Dimensions in a row, column, or page that are flagged for the current point of view
- B. Dimensions not defined in a row, column, or page
- C. Dimensions that are tagged as type Time
- D. Dimensions that are tagged as type Account
Answer: A,B
NEW QUESTION # 31
Which two statements are true regarding the creation and management of business rules in module-based Planning? (Choose two.)
- A. Custom business rules for modules can only be created using the graphical designer.
- B. Custom business rules can be created for each module.
- C. Pre-defined business rules for modules may be modified, but may be ignored after an application upgrade.
- D. Modules cannot use regular business rules. Instead, they must be scripted using Groovy.
Answer: A,B
NEW QUESTION # 32
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 Income Statement
- B. Adding custom dimensions
- C. Enabling Expense
- D. Disabling already enabled features
- E. Removing custom dimensions
- F. Enabling Rolling Forecast
Answer: A,C,F
NEW QUESTION # 33
Which three describe the supported rolling forecast time periods in Financials? (Choose three.)
- A. 4, 12, 36 weeks
- B. 4, 6, or 8 quarters
- C. 12, 18, 24, 30, 36, 48, or 60 months
- D. 1, 2, 4, 5 years
- E. 13, 26, or 52 weeks
Answer: B,C,E
NEW QUESTION # 34
Which two methods can be used to push data between cubes? (Choose two.)
- A. Copy Data
- B. Data Maps
- C. Data Management
- D. Import Data
Answer: B,C
NEW QUESTION # 35
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
Answer: B
NEW QUESTION # 36
In porting data from a BSO plan type to an ASO plan type, which method cannot be utilized? Choose the best answer.
- A. Smart Push
- B. Data Maps
- C. Export/Import Capabilities
- D. XWRITE business rule
Answer: D
NEW QUESTION # 37
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_Salary Basis
- D. OWP_Gross Earnings
Answer: C
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 # 38
In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)
- A. To copy data from a block storage database to an aggregate 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 an aggregate storage database to a block storage database
- E. To import and export metadata, data, artifacts and snapshots
Answer: A,C,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 # 39
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 Synchronize to refresh the data,
- B. Select the corresponding data map, and execute the Synchronize Defaults Business.
- C. Select the corresponding data map, and Refresh the Database.
- D. Select the corresponding data map, and execute the Synchronize Components Business Rule.
Answer: C
NEW QUESTION # 40
Which time period allows you to collect the most recent number of time periods and measure business performance over a specific time duration? (Choose the best answer.)
- A. Trailing period
- B. Deal Period
- C. Base Period
- D. Sub Period
- E. Periods-to-Date
Answer: A
Explanation:
Trailing periods are time periods that collect the most recent number of time periods. You can set up trailing periods to occur in either a historical or a forecast period. With trailing time periods, you can measure business performance over a specific time duration.
NEW QUESTION # 41
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Oracle 1z0-1080-22 exam, also known as the Oracle Planning 2022 Implementation Professional exam, is a certification exam designed for professionals who want to validate their skills and knowledge in implementing Oracle Planning Cloud solutions. 1z0-1080-22 exam tests the candidates' understanding of the Oracle Planning and Budgeting Cloud Service and their ability to configure and implement solutions for organizations. 1z0-1080-22 exam covers various topics such as creating and managing dimensions, implementing security, configuring data forms, creating and managing business rules, and many more.
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