TOP EXAM 1Z0-1080-24 LEARNING | EASY TO STUDY AND PASS EXAM AT FIRST ATTEMPT & LATEST UPDATED 1Z0-1080-24: ORACLE PLANNING 2024 IMPLEMENTATION PROFESSIONAL

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Top Exam 1z0-1080-24 Learning | Easy To Study and Pass Exam at first attempt & Latest updated 1z0-1080-24: Oracle Planning 2024 Implementation Professional

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Oracle 1z0-1080-24 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Manage Approvals:This section of the exam measures the skills of approval process managers and covers setting up approval workflows in Planning. It explains how to configure approval processes to streamline decision-making within organizations.
Topic 2
  • Report on Planning Data: This section of the exam measures the skills of reporting analysts and covers creating reports on Planning data. It includes reporting on EPM data to provide insights into organizational performance.
Topic 3
  • Introduction to Planning Modules: This section of the exam measures the skills of module planners and introduces Planning modules. It includes integrating modules, leveraging best practices for module planning, and configuring Financials, Workforce, Capital, and Projects.
Topic 4
  • Manage Rules: This section of the exam measures the skills of business rule developers and focuses on designing business rules and rulesets. It explains the benefits of Groovy Rules in enhancing performance and flexibility within Planning applications.
Topic 5
  • Manage Metadata and Data: This section of the exam measures the skills of data integration specialists and covers metadata and data management in Planning. It includes identifying metadata and data load options, importing and exporting metadata and data, setting up and running data maps, creating data integrations, and mapping data across applications.
Topic 6
  • Set Up Planning Security: This section of the exam measures the skills of security administrators and focuses on provisioning users and groups. It includes assigning access permissions to artifacts and cells in Planning to ensure secure access to critical information.
Topic 7
  • Introduction to Strategic Modelling: This section of the exam measures the skills of strategic modelers and covers strategic modeling concepts. It includes setting up models, running simulations, and understanding their impact on decision-making processes.

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Oracle Planning 2024 Implementation Professional Sample Questions (Q34-Q39):

NEW QUESTION # 34
You want to include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting. Which statement describes what you need to set up in Financials or Capital to share the data?

  • A. In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets.
  • B. In Capital, for Expense, enable Integration with Financials.
  • C. In Financials, in the Asset Expenses Wizard, map each component to a Financials account.
  • D. In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials.

Answer: B


NEW QUESTION # 35
You want to Input data into Financials. For Financials, there is a predefined navigation flow with cards listed for both Revenue and Expenses. What is the sequence of the cards for Revenue and Expenses?

  • A. Overview,Assumptions, Allocations, Detailed Bottom-Up, Driver and/or Trend based. Direct Input
  • B. Overview, Driver and Trend Based, Rolling Forecast, Direct Entry, Income Statement
  • C. Assumptions, Allocations, Detailed Bottom Up, Strategic Top-Down, Direct Input, Overview, Summary
  • D. Assumptions, Direct Input, Driver and/or Trend Based, High Level Overview, Detailed Overview, Summary

Answer: B

Explanation:
In Oracle Planning 2024, Financials provides a predefined navigation flow for entering data, organized into cards that guide users through the planning process for Revenue and Expenses. The navigation flow is designed to streamline data input and analysis, starting with high-level views and moving into detailed entry methods. According to the Oracle documentation, the default sequence of cards for Revenue and Expenses in Financials is: Overview, followed by Driver and Trend Based, Rolling Forecast, Direct Entry, and concluding with Income Statement.
* Overview: Provides a high-level summary of financial data, setting the context for planning.
* Driver and Trend Based: Allows users to input data based on drivers (e.g., units sold) or trends (e.g., historical patterns), a key method for revenue and expense planning.
* Rolling Forecast: Enables continuous forecasting over a defined period, integrating with driver-based inputs.
* Direct Entry: Permits manual data input for specific accounts or line items, offering flexibility.
* Income Statement: Consolidates all inputs into a financial statement view for review.
Option A accurately reflects this sequence as outlined in the Oracle Planning 2024 predefined navigation flow for Financials. Option B includes irrelevant cards like "Allocations" and "Strategic Top-Down," which are not part of the default Financials Revenue and Expenses flow. Option C introduces "High Level Overview" and
"Detailed Overview," which are not standard card names in this context. Option D includes "Allocations" and
"Detailed Bottom-Up," which are more aligned with custom flows or other modules, not the default Financials sequence.
This sequence is part of the out-of-the-box Financials navigation flow, ensuring users follow a logical progression from overview to detailed input and final reporting.
References:
* Oracle Planning 2024 Implementation Study Guide: "Working with Navigation Flows in Financials" (docs.oracle.com, Published 2024-09-10).
* Oracle EPM Cloud Documentation: "Planning Revenue and Expenses in Financials" (docs.oracle.com, Published 2023-11-15, updated for 2024).


NEW QUESTION # 36
By default, which four dimensions are enabled for access permissions?

  • A. Years
  • B. Version
  • C. Scenario
  • D. Period
  • E. Account
  • F. Entity

Answer: B,C,E,F

Explanation:
In Oracle Planning 2024 Implementation, access permissions are configured to control user access to data and metadata at the dimension level. By default, four dimensions are enabled for access permissions to ensure granular security across the application:Scenario,Version,Entity, andAccount. These dimensions are foundational to planning applications and are preconfigured for security settings out of the box.
* A. Scenario: Defines different planning scenarios (e.g., Budget, Forecast), and access permissions determine which scenarios a user can view or edit.
* B. Version: Controls access to different versions of data (e.g., Working, Final), allowing segregation of draft and approved plans.
* C. Entity: Represents organizational units (e.g., departments, divisions), and permissions restrict access to specific entities based on user roles.
* D. Account: Governs access to financial accounts (e.g., Revenue, Expenses), ensuring users only interact with relevant account data.
* E. Period: While Period (e.g., months, quarters) is a critical dimension, it is not enabled for access permissions by default. Access to time periods is typically managed indirectly through other dimensions or data-level security.
* F. Years: Similarly, the Years dimension is not enabled for access permissions by default. It is often controlled through Scenario or Version settings rather than direct permissions.
The default enablement of Scenario, Version, Entity, and Account for access permissions reflects Oracle's design to provide robust security across planning contexts, organizational structures, and financial data.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Managing Security - Access Permissions" (docs.oracle.com, updated 2024). Lists "Scenario, Version, Entity, and Account" as the four dimensions enabled for access permissions by default.
* Oracle Planning 2024 Implementation Study Guide: Confirms that these four dimensions are preconfigured for security settings to control user access.


NEW QUESTION # 37
Which two can be used to push data between cubes?

  • A. Import Data
  • B. Data Maps
  • C. Data Integration
  • D. Copy Data

Answer: B,D

Explanation:
In Oracle Planning 2024, pushing data between cubes (e.g., from one cube to another within the same application) can be accomplished using specific tools. The two methods that facilitate this are:
* A. Data Integration: Incorrect. Data Integration is used to import data from external sources (e.g., files, other systems) into Planning, not to push data between cubes within the same application.
* B. Data Maps: Correct. Data Maps allow you to define mappings and push data between cubes (or applications) using Smart Push or manual execution. This is a primary method for intra-application data movement.
* C. Copy Data: Correct. The Copy Data feature enables administrators to copy data from one cube to another within the same Planning application, specifying dimensions and members to transfer.
* D. Import Data: Incorrect. Import Data is designed to bring external data into a cube from a file, not to push data between existing cubes.
Both Data Maps (with Smart Push for real-time updates) and Copy Data (for batch-style transfers) are explicitly supported for moving data between cubes, as per Oracle's documentation, making B and C the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Moving Data Between Cubes" (docs.oracle.com, Published 2024-09-05).
* Oracle EPM Cloud Documentation: "Data Maps and Copy Data Features" (docs.oracle.com, Published
2023-12-25, updated for 2024).


NEW QUESTION # 38
After enabling and configuring Financials, which of the following is a recommended post-configuration task?

  • A. Map and rename custom dimensions in Financials that will be used to integrate with other modules
  • B. Plan headcount and detailed employee compensation by employee, job code, or both
  • C. Specify the days in Period and to modify account signage for alternate reporting methods
  • D. Disable features that you do not plan to use

Answer: A

Explanation:
After enabling and configuring the Financials module in Oracle Planning 2024, post-configuration tasks are recommended to optimize its functionality and integration. The most relevant task among the options is:
* A. Plan headcount and detailed employee compensation by employee, job code, or both: Incorrect. This is a Workforce module task, not a post-configuration task for Financials, which focuses on revenue, expenses, and financial statements, not employee-level planning.
* B. Specify the days in Period and to modify account signage for alternate reporting methods: Incorrect.
While period setup occurs during initial configuration (e.g., Planning and Forecast Preparation), modifying account signage or days in periods is not a recommended post-configuration task-it's either part of initial setup or an ad-hoc adjustment.
* C. Map and rename custom dimensions in Financials that will be used to integrate with other modules:
Correct. Post-configuration, mapping and renaming custom dimensions (e.g., Department, Product) ensures seamless integration with other modules like Workforce or Projects. This task aligns dimensions across the application, a common best practice after enabling Financials.
* D. Disable features that you do not plan to use: Incorrect. Disabling features is not a typical post- configuration task; features are enabled/disabled during initial configuration via the Configure card, not as a follow-up step.
The Oracle documentation highlights mapping custom dimensions as a recommended post-configuration task to facilitate data integration and reporting, making C the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Post-Configuration Tasks for Financials" (docs.
oracle.com, Published 2024-09-20).
* Oracle EPM Cloud Documentation: "Configuring Financials and Integration" (docs.oracle.com, Published 2023-11-10, updated for 2024).


NEW QUESTION # 39
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