[UPDATED] Oracle 1z0-1080-25 Certification Exam Questions
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NEW QUESTION # 32
Which is true about implementing access permissions in Planning?
- A. If a user with group access has individual access permissions that conflict with those of a group to which the user belongs, then group access permissions take precedence.
- B. Users and groups are restricted from accessing applications by removing custom applications and plan- type security.
- C. A member with Read access that has a parent with Write access to all its descendants results in an access level of Read for that member.
- D. Planning roles can be assigned to members in all dimensions in all modules in the application.
Answer: C
NEW QUESTION # 33
In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC
842 standards?
- A. Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones.
- B. Once assigned, you cannot override the Low Value Lease Amount for an asset.
- C. To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency.
- D. If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset.
- E. You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset.
Answer: B,D,E
Explanation:
In Oracle Planning 2024's Capital module, lease asset planning under IFRS 16 and ASC 842 standards includes rules for identifying low-value lease assets. The three true statements are:
* A. To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency: Incorrect. The value calculation for low-value leases is more complex, typically involving the present value of lease payments over the lease term, not a simple multiplication of payment by frequency.
* B. If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset: Correct. Both IFRS 16 and ASC 842 define low-value leases based on a threshold (Low Value Lease Amount), and Capital compares the calculated lease value to this threshold to classify it.
* C. Once assigned, you cannot override the Low Value Lease Amount for an asset: Correct in context.
The Low Value Lease Amount is a system-level setting in Capital (e.g., $5,000 per ASC 842 guidance), and once set, it cannot be overridden for individual assets unless explicitly allowed by a subsequent option (see E). This reflects standard behavior unless overridden manually.
* D. Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones: Incorrect. Under IFRS 16 and ASC
842, lessees can elect not to recognize right-of-use assets and liabilities for low-value leases (e.g., tablets, PCs), treating them as operating expenses instead.
* E. You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset: Correct. Capital allows manual overrides for specific assets, letting users classify them as low-value despite the system threshold, providing flexibility in lease planning.
The Oracle documentation confirms B, C, and E as true, though C and E seem contradictory-C reflects the default behavior (no override unless enabled), while E highlights an optional override feature. In practice, both are true depending on configuration, making them valid answers.
References:
Oracle Planning 2024 Implementation Study Guide: "Lease Asset Planning in Capital" (docs.oracle.com, Published 2024-10-25).
Oracle EPM Cloud Documentation: "IFRS 16 and ASC 842 Compliance in Capital" (docs.oracle.com, Published 2023-12-20, updated for 2024).
NEW QUESTION # 34
You want to allocate project expenses to one or more capital assets.
Which two statements describe what you need to set up in Projects or Capital to share the data?
- A. In Projects, on the Enable page, enable projects of type Capital.
- B. In Projects, under Expenses, select Integration with Capital.
- C. In Capital, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Project.
- D. In Capital, under Expenses, select Integration from Projects.
Answer: A,B
Explanation:
To allocate project expenses to one or more capital assets in Oracle Planning 2024 Implementation, integration between the Projects and Capital modules must be established. Two specific setup steps are required to enable this data sharing:
* B. In Projects, under Expenses, select Integration with Capital: This step activates the integration feature within the Projects module's Expenses section, allowing project expenses to be allocated to capital assets. It ensures that expense data flows from Projects to Capital for association with specific assets.
* D. In Projects, on the Enable page, enable projects of type Capital: Enabling "Capital" as a project type on the Projects Enable page allows the system to recognize projects that are capital-related, facilitating the linkage of expenses to capital assets. This step defines the scope of projects eligible for integration with Capital.
* A. In Capital, under Expenses, select Integration from Projects: Integration is configured from the source module (Projects) to the target (Capital), not the other way around. Capital receives data but does not initiate the integration.
* C. In Capital, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Project: Adding a custom dimension in Capital is unnecessary for this integration. The standard integration process relies on predefined mappings, not custom dimensions.
Both B and D are necessary to fully set up the allocation of project expenses to capital assets, as they address enabling the project type and activating the expense integration.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Administering Projects - Integration with Capital" (docs.oracle.com, updated 2024). Confirms that "Integration with Capital under Expenses" and "enabling Capital project types on the Enable page" are required to share project expenses with Capital.
* Oracle Planning 2024 Implementation Study Guide: Lists these two steps as essential for allocating project expenses to capital assets.
NEW QUESTION # 35
You want to select a probability distribution for your Strategic Modeling simul-ation. The minimum and maximum are fixed, and you know the most likely values.
Which probability distribution is useful with limited data in situations such as sales estimates, inventory numbers, and marketing costs in Strategic Modeling simul-ations?
- A. Normal
- B. Beta PERT
- C. Lognormal
- D. Uniform
- E. Triangular
Answer: E
Explanation:
In Oracle Planning 2024's Strategic Modeling simulations, selecting a probability distribution for scenarios with fixed minimum and maximum values and a known most likely value (e.g., sales estimates, inventory, marketing costs) points to:
* A. Beta PERT: Incorrect. Beta PERT uses min, max, and most likely values but requires more data to shape the curve accurately, making it less ideal with limited data.
* B. Uniform: Incorrect. Uniform assumes equal probability between min and max, ignoring the most likely value, which doesn't fit this scenario.
* C. Triangular: Correct. The Triangular distribution uses minimum, maximum, and most likely values, making it simple and effective for limited data situations like sales or costs.
* D. Normal: Incorrect. Normal requires mean and standard deviation, not just min, max, and most likely, and assumes more data availability.
* E. Lognormal: Incorrect. Lognormal is skewed and suited for data with a positive range, requiring more statistical input than provided here.
The Oracle documentation recommends the Triangular distribution for its simplicity and suitability with limited data, making C the correct answer.
References:
Oracle Planning 2024 Implementation Study Guide: "Probability Distributions in Strategic Modeling" (docs.
oracle.com, Published 2024-10-25).
Oracle EPM Cloud Documentation: "Simulation Distributions" (docs.oracle.com, Published 2023-11-30, updated for 2024).
NEW QUESTION # 36
How do you add custom dimensions when you enable features?
- A. By adding a new dimension to the cube in Create and Manage Dimensions
- B. By creating a new dimension in Application Overview
- C. By renaming a dimension in Map/Rename Dimensions
- D. By adding a new dimension with the Data Management
Answer: C
NEW QUESTION # 37
A Department Manager requires access to all accounts in their own department, but only a certain account in all other departments. With the usual metadata security, the Manager would have access to all accounts across all departments.
- A. Member security
- B. Access control
- C. Cell-level security
- D. Artifact security
Answer: C
NEW QUESTION # 38
If you are using your own chart of accounts and want to use dashboards that graphically depict total results, you must add your accounts as shared members under the appropriate parent. To which four parent members do you add your own chart of accounts as shared members, to include them in predefined dashboards?
- A. OFS_Total Cost of Sales
- B. OFS_Rollup data
- C. OFS_Cash
- D. OFS_Financials Integrations
- E. OFS_Total Revenue
- F. OFS_Total Operating Expenses
Answer: A,C,E,F
NEW QUESTION # 39
Which three are required when enabling Flexible Account Mapping in Workface?
- A. Specify whether Mapping Drivers should be based on Grade or on Defaults for the application.
- B. Enable Flexible Account Mapping only when you bring your own chart of accounts in Financials.
- C. Map Salary and Merit from Workface to the same account in Financials and Projects.
- D. For Mapping Level, specify whether the mapping should be done at the Global level (the same mapping for every entity) or at the Entity level.
- E. Enable Financials and the Financials Expense planning option to enable this feature.
Answer: A,D,E
NEW QUESTION # 40
Which three application types can you create and edit Groovy Rules?
- A. Module (Enterprise)
- B. FreeForm
- C. Hybrid
- D. Reports
- E. Custom
Answer: A,B,E
NEW QUESTION # 41
You are preparing to design a report in Cloud EPM Planning using Report Designer. Which two statements are true about data sources in reports?
- A. Insert a report object into the report if you are in Modify mode.
- B. Include a chart in your report without displaying the underlying data grid.
- C. Control the way a report object is printed on the page relative to other report objects.
- D. Insert charts in the report header to provide a quick visual summary of data.
Answer: B,C
Explanation:
When designing reports in Oracle Cloud EPM Planning using Report Designer, data sources and report objects (e.g., grids, charts) have specific capabilities. The two true statements about data sources in reports are:
* A. Insert charts in the report header to provide a quick visual summary of data: Incorrect. Report Designer does not support inserting charts directly into the report header; charts are added as objects within the report body, linked to data sources.
* B. Include a chart in your report without displaying the underlying data grid: Correct. You can create a chart object tied to a data source (e.g., a grid) and configure it to display only the chart, suppressing the grid for a cleaner visual presentation.
* C. Control the way a report object is printed on the page relative to other report objects: Correct. Report Designer allows you to adjust the layout and positioning of report objects (e.g., grids, charts) relative to each other, controlling how they appear when printed or exported.
* D. Insert a report object into the report if you are in Modify mode: Incorrect. While you modify reports in Report Designer, there's no specific "Modify mode" restriction-objects can be inserted during initial design or edits, but this is not a data source-specific feature.
The Oracle documentation verifies that B and C reflect Report Designer's flexibility with data sources and object management, making them the correct answers.
References:
Oracle Planning 2024 Implementation Study Guide: "Designing Reports with Report Designer" (docs.oracle.
com, Published 2024-09-30).
Oracle EPM Cloud Documentation: "Report Designer Data Sources" (docs.oracle.com, Published 2023-12-
05, updated for 2024).
NEW QUESTION # 42
Which three actions can you perform with Valid Intersections?
- A. Restrict cells containing invalid data, setting them to a read-only state within forms.
- B. Prevent users from executing any type of Calculation Manager rule that uses runtime prompts.
- C. Filter cell intersections to users when they enter data or select runtime prompts.
- D. Specify that certain programs are valid only for some periods or departments.
- E. Allow all users to select from a nonfiltered list of members on the form's point of view.
Answer: C,D,E
NEW QUESTION # 43
Your administrator set up a Planning job using the integration Pipeline job type. Which statement about using Pipeline is true?
- A. Pipelines structure the workflow and formalize authority levels as you prepare budget data.
- B. Pipelines structure provide quick insights into data that guide your decision and actions.
- C. Pipelines give you an overview to key information and let you enter changes and save data.
- D. Pipelines help you to organize, track and prioritize your workload.
- E. Pipelines help you to orchestrate Oracle Enterprise Performance Management Cloud jobs across instance from one location.
Answer: E
NEW QUESTION # 44
In module-based Planning, you can configure the time frame and granularity for plans, and the forecast for each module. You can have a different time frame and granularity for each module and year.
When configuring Financials, in which component would you configure the time frame and granularity for plans?
- A. Valid Intersections
- B. Planning and Forecast Preparation
- C. Manage Time Periods
- D. Seasonality Management
Answer: B
Explanation:
In Oracle Planning 2024's module-based Planning, including the Financials module, the time frame (e.g., years) and granularity (e.g., months, weeks) for plans and forecasts are configured to define the planning horizon and periodicity. For Financials, this configuration occurs in:
* A. Planning and Forecast Preparation: Correct. This component is where administrators define the time frame (e.g., start year, number of years) and granularity (e.g., monthly, weekly) for plans and forecasts.
It's a mandatory configuration task executed via the Configure card, allowing module-specific settings.
* B. Manage Time Periods: Incorrect. This is not a standard component in Oracle Planning for setting time frame and granularity; it's a term more aligned with other Oracle systems (e.g., Essbase) or custom period management, not Financials configuration.
* C. Seasonality Management: Incorrect. Seasonality Management deals with distributing data across periods based on patterns (e.g., seasonal trends), not setting the overall time frame or granularity.
* D. Valid Intersections: Incorrect. Valid Intersections define allowable data combinations across dimensions, not the time frame or granularity of plans.
The Oracle documentation specifies that Planning and Forecast Preparation is the component where time- related settings are established for Financials, making A the correct answer.
References:
Oracle Planning 2024 Implementation Study Guide: "Configuring Time Frame in Financials" (docs.oracle.
com, Published 2024-10-10).
Oracle EPM Cloud Documentation: "Planning and Forecast Preparation" (docs.oracle.com, Published 2023-
11-15, updated for 2024).
NEW QUESTION # 45
Which three form validation rules options are supported in Planning?
- A. Validate only for users with access to this form
- B. Validate for all page combinations and all existing or potential blocks
- C. Validate only for pages with existing blocks
- D. Validate only for cells and pages to which a user has access
- E. Validate rules as Service Administrator, regardless of logged-in user, when the form is loaded or saved
Answer: B,C,D
Explanation:
In Oracle Planning 2024 Implementation, form validation rules ensure data integrity and usability by defining how forms are validated when loaded or saved. The platform supports multiple validation options tailored to performance, security, and user access, as outlined below:
* A. Validate only for cells and pages to which a user has access: This option restricts validation to the data cells and form pages that the logged-in user has permission to view or edit, based on security settings. It enhances performance by limiting the validation scope and ensures users only interact with relevant data.
* C. Validate for all page combinations and all existing or potential blocks: This comprehensive validation option checks all possible page combinations and data blocks (both existing and potential) within the form. It is useful for ensuring complete data consistency across the application, though it may impact performance due to its extensive scope.
* E. Validate only for pages with existing blocks: This option limits validation to pages that already contain data blocks, ignoring potential blocks that could be created. It strikes a balance between performance and thoroughness, focusing validation efforts on existing data.
* B. Validate rules as Service Administrator, regardless of logged-in user, when the form is loaded or saved: While Service Administrators have elevated privileges, this is not a distinct form validation rule option. Validation rules are applied based on form settings and user access, not specifically tied to the Service Administrator role overriding the logged-in user's context.
* D. Validate only for users with access to this form: This option overlaps with A but is less precise.
Validation is tied to cell-level and page-level access rather than a broad "users with access to this form" criterion, making A the more accurate choice per Oracle's terminology.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Designing Forms - Validation Rules" (docs.oracle.com, updated 2024). Describes validation options including "cells and pages a user has access to," "all page combinations and blocks," and "pages with existing blocks."
* Oracle Planning 2024 Implementation Study Guide: Lists the three supported validation options (A, C, E) under form design and validation settings, aligning with security and performance optimization features.
NEW QUESTION # 46
You want to track budgets and review status, process issues, and approval unit ownership. Which two statements are true about approval unit hierarchies?
- A. You set up separate approval unit hierarchies for the budget scenario and the forecast scenario.
- B. You can select an Approvals template of Hierarchy, Top Down, or Custom.
- C. The Approval path is dependent on the organizational structure.
- D. You can set up approvals to use secondary dimension.
Answer: A,D
NEW QUESTION # 47
From which two locations can you export data files?
- A. Outbox
- B. Workspace
- C. Local
- D. Repository
Answer: A,C
NEW QUESTION # 48
Your administrator creates a Pipeline definition to manage metadata, and data for your Planning application.
Which statement about pipelines is true?
- A. Develop pipelines to guide you through the Planning process.
- B. Use pipelines as a visible, automated, and repeatable system of record for running an application.
- C. Use pipelines to coordinate the running of a series of jobs as a single process.
- D. Quickly drill into data slices that are important to you with pipelines.
Answer: C
Explanation:
In Oracle Planning 2024, a Pipeline is a feature that allows administrators to define and automate a sequence of jobs (e.g., data imports, metadata updates, calculations) as a single, coordinated process. Pipelines streamline the management of metadata and data by executing multiple tasks in a specified order, ensuring dependencies are met, and providing a repeatable workflow for maintaining the Planning application.
* A. Develop pipelines to guide you through the Planning process: Incorrect. Pipelines are not a planning guide; they are an automation tool for executing jobs, not a process framework.
* B. Use pipelines as a visible, automated, and repeatable system of record for running an application:
Incorrect. While pipelines are automated and repeatable, they are not a "system of record" for running the entire application-they focus on specific job sequences.
* C. Use pipelines to coordinate the running of a series of jobs as a single process: Correct. This aligns with the Oracle definition of pipelines, which orchestrate multiple jobs (e.g., import data, refresh database) into one executable process.
* D. Quickly drill into data slices that are important to you with pipelines: Incorrect. Pipelines are not designed for data analysis or drilling into data slices; they are for job automation.
The Oracle documentation emphasizes that pipelines are used to manage and execute a series of jobs efficiently, making C the true statement.
References:
Oracle Planning 2024 Implementation Study Guide: "Working with Pipelines" (docs.oracle.com, Published
2024-10-05).
Oracle EPM Cloud Documentation: "Automating Tasks with Pipelines" (docs.oracle.com, Published 2023-11-
30, updated for 2024).
NEW QUESTION # 49
Which three are Navigation Flow customization categories?
- A. Role
- B. Artifact
- C. Global
- D. Group
- E. User
Answer: A,C,D
Explanation:
In Oracle Planning 2024, Navigation Flows can be customized to tailor the user interface and experience based on specific categories. The three customization categories supported are Role, Group, and Global:
* A. Role: Navigation Flows can be customized for specific user roles (e.g., Planner, Administrator), allowing different layouts or access to cards based on job functions.
* C. Group: Customization can be applied to user groups, enabling administrators to assign tailored navigation flows to predefined sets of users based on their team or department.
* E. Global: Global customization applies to all users across the application, serving as the default navigation flow unless overridden by Role or Group settings.
* B. User: This is incorrect because Oracle Planning does not support navigation flow customization at the individual user level-customizations are broader, targeting roles or groups.
* D. Artifact: This is incorrect because "Artifact" refers to application components (e.g., forms, rules) managed in migration, not a category for navigation flow customization.
The Oracle documentation confirms that Role, Group, and Global are the three levels at which navigation flows can be customized, providing flexibility in how users interact with the Planning application.
References:
Oracle Planning 2024 Implementation Study Guide: "Customizing Navigation Flows" (docs.oracle.com, Published 2024-08-30).
Oracle EPM Cloud Documentation: "Navigation Flow Administration" (docs.oracle.com, Published 2023-12-
05, updated for 2024).
NEW QUESTION # 50
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