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Best Quality1Z0-1080-20 Exam Questions Oracle Test To Gain Brilliante Result
Oracle 1Z0-1080-20 exam is an important certification for professionals who want to demonstrate their expertise in implementing and configuring Oracle Planning Cloud. 1Z0-1080-20 exam covers a range of topics related to planning applications, models, and data management. Candidates can take advantage of various resources to prepare for 1Z0-1080-20 exam and gain access to exclusive resources and support through Oracle's certification program.
Oracle 1Z0-1080-20 (Oracle Planning 2020 Implementation Essentials) certification exam is designed for professionals who want to validate their knowledge and expertise in implementing Oracle Planning Cloud solutions. 1Z0-1080-20 exam is intended for individuals who have a strong understanding of business processes and experience in implementing planning solutions. 1Z0-1080-20 exam covers a wide range of topics, including Oracle Planning Cloud overview, implementation methodology, security, data management, and integration.
Oracle 1Z0-1080-20 exam is a multiple-choice exam that consists of 60 questions. Candidates have 105 minutes to complete the exam, and they must score at least 65% to pass. 1Z0-1080-20 exam is available in English and Japanese, and candidates can take the exam at any Pearson VUE testing center around the world.
NEW QUESTION # 41
What is the purpose of selecting the Project Benefits option when enabling Projects? (Choose the best answer.)
- A. To plan detailed project revenue for Contract projects
- B. To plan detailed project expenses for projects
- C. To track the Workforce expense benefits calculated on each Contract project
- D. To help justify the need for projects and plan non-financial benefits
Answer: D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/ proj_enable_project_benefits_104xf25a1e78.html
NEW QUESTION # 42
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. Plan Element dimension
- D. Weeks to months mapping
- E. Weekly Planning
Answer: A,C,E
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/ common_enabling_weekly_planning_100xde280ce5.html
NEW QUESTION # 43
Which three describe the supported rolling forecast time periods in Financials? (Choose three.)
- A. 13, 26, or 52 weeks
- B. 4, 6, or 8 quarters
- C. 12, 18, 24, 30, 36, 48, or 60 months
- D. 1, 2, 4, 5 years
- E. 4, 12, 36 weeks
Answer: A,B,C
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/GUID-71622AFD-C1F0- 4D40-A36F-85FA8AA305B6.pdf (5-12)
NEW QUESTION # 44
Which three metadata artifacts can be exported to a flat file? (Choose three.)
- A. Linked Reporting Objects
- B. Dimensions
- C. Exchange Rate Tables
- D. Smart Lists
- E. Data Entry Forms
Answer: B,C,D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/exp_meta.html
NEW QUESTION # 45
Which two clients or command line tools can you download from Planning? (Choose two.)
- A. Data Management
- B. Calculation Manager
- C. Strategic Modeling Smart View add-on
- D. EPM Automate
Answer: C,D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/ cgsus/1_about_epm_cloud_new_sku_epm_standard.html
NEW QUESTION # 46
What are the two primary use cases for an ASO reporting cube? (Choose two.)
- A. You want to report on Smart Lists in Planning, which you can't do in Planning
- B. You want to create, maintain, and report on Attribute dimensions
- C. You want to report on new Planning data originating from any source, such as a data warehouse
- D. You want to create and execute Calculation Manager business rules
Answer: A,B
NEW QUESTION # 47
Which two roles can be set for Strategic Modeling? Choose two.
- A. Planner
- B. Forecaster
- C. Modeler
- D. Analyst
Answer: C,D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/ strat_mod_setting_up_access_permissions_118x7f0528de.html
NEW QUESTION # 48
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 # 49
What is the difference between Financials and Strategic Modeling? (Choose the best answer.)
- A. Financials is more summarized than Strategic Modeling
- B. There is not a technical difference, both do essentially the same thing
- C. Strategic Modeling is broader in focus and used for long range planning
- D. Ownership Contributions and Consolidations are out of the box in Financials
Answer: C
Explanation:
Your strategic planning and your business planning should be complementary, but effective strategy development requires you to shift your focus from the day-to-day concerns of your business and to consider your broader and longer-term options.
Reference:
https://www.infoentrepreneurs.org/en/guides/strategic-planning/
NEW QUESTION # 50
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 Financials, when enabling features, include a custom dimension to store asset related information.
- C. On the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.
- D. 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.
Answer: D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/GUID-71622AFD-C1F0- 4D40-A36F-85FA8AA305B6.pdf (8-6)
NEW QUESTION # 51
Which card allows you to enable modules? (Choose the best answer.)
- A. Overview
- B. Valid Intersections
- C. Data Maps
- D. Settings
- E. Configure
Answer: E
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/proj_enabling_project_features100xd3780265.html
NEW QUESTION # 52
Several users continuously use custom-created formulas in Excel to supplement their Planning form inputs.
What is another design alternative to reduce offline Excel maintenance? Choose the best answer.
- A. Smart forms
- B. Smart push
- C. Ad hoc forms
- D. Cell commentary
- E. Reports
Answer: A
Explanation:
Reference:
https://docs.oracle.com/cd/E57185_01/SMVUG/ch13s12s02.html
NEW QUESTION # 53
In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
- A. When Billed
- B. When Paid
- C. Monthly, Quarterly, or Semiannually
- D. After Completion
Answer: B
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/GUID-AECB4021-59B2- 4C88-AFEE-92FB04D92C21.pdf (5-6)
NEW QUESTION # 54
What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
- A. Enable the input option for upper level time periods when you add time detail.
- B. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
- C. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
- D. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
- E. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
Answer: A,B,E
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/GUID-AECB4021-59B2- 4C88-AFEE-92FB04D92C21.pdf (7-30, 7-31)
NEW QUESTION # 55
Which three are predefined Workforce business rules? (Choose three.)
- A. Plan Departure
- B. Transfer
- C. Remove Existing Employee
- D. Change Job
- E. Promote Employee
Answer: B,D,E
NEW QUESTION # 56
If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)
- A. You input or import your own accounts for each enabled feature.
- B. You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.
- C. Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.
- D. You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
- E. You can perform calculations using existing rules, and plan using existing forms and dashboards.
- F. You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
Answer: A,D,E,F
NEW QUESTION # 57
Which three accounts in Workforce leverage the Component dimension for driver and trend-based calculations? (Choose three.)
- A. Cash Flow
- B. Balance Sheet
- C. Expense
- D. Revenue
Answer: B,C,D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/ general_driver_based_108xf8106f48.html
NEW QUESTION # 58
What does a navigation flow allow you to do? Choose the best answer.
- A. Promote a plan to your supervisor
- B. Run multiple business rules in a predetermined sequence
- C. Display report variances by geography
- D. Customize the clusters and cards that a user can access
Answer: D
Explanation:
The Navigation Flow Designer enables you to customize the business process interface. For example, you can change the names of the cards and clusters that display.
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/ understanding_navigation_flows_100xdb2e13be.html
NEW QUESTION # 59
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