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NEW QUESTION # 17
In which three ways can you create data maps that copy data using Smart Push?
- A. Between two Planning instances
- B. From Planning to Financial Consolidation and Close
- C. From Tax Reporting Cloud to Planning
- D. From Planning to Tax Reporting Cloud
- E. From Financial Consolidation and Close to Planning
Answer: A,B,E
Explanation:
In Oracle Planning 2024, Smart Push is a feature within data maps that enables efficient, real-time data movement between Oracle EPM Cloud applications or instances. It copies data dynamically when triggered (e.
g., via forms or rules). The three supported ways to create data maps with Smart Push are:
* A. From Planning to Tax Reporting Cloud: Incorrect. Smart Push does not support direct data movement from Planning to Tax Reporting Cloud, as these modules lack a predefined integration path for this feature.
* B. From Tax Reporting Cloud to Planning: Incorrect. Similarly, Smart Push does not facilitate data movement from Tax Reporting Cloud to Planning.
* C. From Financial Consolidation and Close to Planning: Correct. Smart Push supports moving consolidated data (e.g., actuals) from Financial Consolidation and Close (FCC) to Planning for planning purposes.
* D. From Planning to Financial Consolidation and Close: Correct. Smart Push allows pushing planned data from Planning to FCC for consolidation or reporting.
* E. Between two Planning instances: Correct. Smart Push can move data between two Planning instances (e.g., test and production environments) to synchronize data.
These three options-C, D, and E-are explicitly supported by Smart Push in Oracle EPM Cloud, as per the documentation, enabling seamless data integration across these applications.
References:
Oracle Planning 2024 Implementation Study Guide: "Using Smart Push in Data Maps" (docs.oracle.com, Published 2024-09-30).
Oracle EPM Cloud Documentation: "Data Integration with Smart Push" (docs.oracle.com, Published 2023-12-
20, updated for 2024).
NEW QUESTION # 18
Which two are primary use cases for an ASO reporting cube?
- A. You want to report on Smart Lists.
- B. You want to create and execute complex Calculation Manager business rules.
- C. You want to save data for upper-level members.
- D. You want to report on new Planning data originating from any source, such as a data warehouse.
Answer: A,C
NEW QUESTION # 19
Which configuration task is NOT mandatory in Workforce?
- A. Workforce Assumptions
- B. Employee Type
- C. Planning and Forecast Preparation
- D. Benefits and Taxes
Answer: D
Explanation:
In Oracle Planning 2024's Workforce module, certain configuration tasks are mandatory to enable basic functionality, while others are optional depending on the organization's needs. The task that is not mandatory is:
* A. Employee Type: Incorrect. Defining Employee Type (e.g., full-time, part-time) is mandatory because it establishes the categories of employees to be planned, forming the foundation of workforce data.
* B. Planning and Forecast Preparation: Incorrect. This task is mandatory as it sets up the planning periods, scenarios, and versions, which are essential for Workforce to function within the broader Planning application.
* C. Benefits and Taxes: Correct. Configuring Benefits and Taxes is optional. While Workforce provides predefined options to calculate benefits (e.g., health insurance) and taxes (e.g., payroll taxes), organizations can choose not to configure these if they do not need detailed compensation planning beyond salaries.
* D. Workforce Assumptions: Incorrect. Workforce Assumptions (e.g., hiring rates, salary increases) are mandatory to drive calculations and populate employee data over time.
The Oracle documentation specifies that while Benefits and Taxes enhance Workforce planning, they are not required for core functionality, making C the non-mandatory task.
References:
Oracle Planning 2024 Implementation Study Guide: "Configuring Workforce Module" (docs.oracle.com, Published 2024-10-01).
Oracle EPM Cloud Documentation: "Workforce Configuration Tasks" (docs.oracle.com, Published 2023-11-
20, updated for 2024).
NEW QUESTION # 20
Which two statements are true about using anchor and nonanchor dimensions with cell-level security?
- A. Anchor dimensions are never required in the cube that is used in the cell-level security definition.
- B. Anchor dimensions are always required in the cube that is used in the cell-level security definition.
- C. By default, nonanchor dimensions are not required.
- D. By default, nonanchor dimensions are required. You can change this setting later.
Answer: B,C
Explanation:
In Oracle Planning 2024, cell-level security restricts access to specific data intersections using anchor and nonanchor dimensions. The two true statements are:
* A. Anchor dimensions are always required in the cube that is used in the cell-level security definition:
Correct. Anchor dimensions (e.g., Entity, Scenario) are mandatory in the security definition to specify the primary scope of access control within the cube.
* B. Anchor dimensions are never required in the cube that is used in the cell-level security definition:
Incorrect. Anchor dimensions are always required, contradicting this statement.
* C. By default, nonanchor dimensions are not required: Correct. Nonanchor dimensions (e.g., Account, Period) are optional by default in cell-level security definitions, allowing flexibility in granularity unless explicitly included.
* D. By default, nonanchor dimensions are required. You can change this setting later: Incorrect.
Nonanchor dimensions are not required by default, and there's no setting to make them mandatory-it's an optional inclusion.
The Oracle documentation specifies that A (anchor necessity) and C (nonanchor optional) align with cell-level security behavior, making them the correct answers.
References:
Oracle Planning 2024 Implementation Study Guide: "Cell-Level Security Configuration" (docs.oracle.com, Published 2024-09-30).
Oracle EPM Cloud Documentation: "Anchor and Nonanchor Dimensions" (docs.oracle.com, Published 2023-
12-05, updated for 2024).
NEW QUESTION # 21
Which three are benefits of using Groovy rules?
- A. You can use Groovy rules to dynamically calculate data and add validation checks before saving data on custom composite forms.
- B. You can use Groovy rules to dynamically generate calculations scripts at run time based on contexts defined in the Groovy script.
- C. You can use Groovy rules to perform complex procedural calculations in memory before submitting the results to the database.
- D. You can use Groovy rules to add validation checks for runtime prompt value before running calculations, add data validation checks before submitting data, and add error handling.
- E. You can use Groovy rules to define member formulas that combine operators, calculations on members in Dimension Editor.
Answer: B,C,D
NEW QUESTION # 22
Your administrator creates a Pipeline definition to manage metadata, and data for your Planning application.
Which statement about pipelines is true?
- A. Use pipelines to coordinate the running of a series of jobs as a single process.
- B. Quickly drill into data slices that are important to you with pipelines.
- C. Use pipelines as a visible, automated, and repeatable system of record for running an application.
- D. Develop pipelines to guide you through the Planning process.
Answer: A
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 # 23
By default, which four dimensions are enabled for access permissions?
- A. Entity
- B. Period
- C. Scenario
- D. Years
- E. Account
- F. Version
Answer: A,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, and Account. 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 # 24
Which four statements are true about the Optimize Dimension feature?
- A. You refresh the database and then back up the application and download the snapshot before you optimize dimension order.
- B. You can optimize the dimension order only for BSO cubes in Custom Planning applications.
- C. The new optimized dimension order is maintained even if you enable additional features or other modules.
- D. You can optimize the dimension order only for Financials and Projects, and only for the provided BSO cubes that are created when you enable and configure.
D You optimize dimension order first in your test environment before you optimize dimension order in the production environment. - E. You can optimize the dimension order only for Financials and Workforce, and only for the provided BSO cubes that are created when you enable and configure.
Answer: A,B,C,E
Explanation:
In Oracle Planning 2024, the Optimize Dimension feature enhances performance by reordering dimensions in BSO (Block Storage Option) cubes. Let's evaluate the six statements to determine the four that are true:
* A. The new optimized dimension order is maintained even if you enable additional features or other modules: True. Once optimized, the dimension order remains intact even if new features or modules are enabled, unless explicitly re-optimized or manually altered. This ensures performance stability post- optimization.
* B. You can optimize the dimension order only for BSO cubes in Custom Planning applications: True.
The Optimize Dimension feature is exclusively available for BSO cubes in Custom Planning applications, not for ASO (Aggregate Storage Option) cubes or module-based applications (e.g., Financials, Workforce), due to their predefined structures.
* C. You can optimize the dimension order only for Financials and Projects, and only for the provided BSO cubes that are created when you enable and configure: False. This statement is incorrect because the feature applies to Custom Planning applications, not specifically to Financials and Projects, which use predefined BSO cubes not eligible for user-driven dimension optimization.
* D. You optimize dimension order first in your test environment before you optimize dimension order in the production environment: True. Oracle recommends testing dimension optimization in a test environment first as a best practice to assess performance impacts and avoid risks in production, making this a procedural truth.
* E. You refresh the database and then back up the application and download the snapshot before you optimize dimension order: True. Before optimizing, Oracle advises refreshing the database to ensure data consistency, then backing up the application and downloading a snapshot to preserve a recovery point in case optimization causes issues.
* F. You can optimize the dimension order only for Financials and Workforce, and only for the provided BSO cubes that are created when you enable and configure: False. Similar to C, this is incorrect; optimization is not restricted to Financials and Workforce module cubes-it's for Custom Planning BSO cubes, not predefined module-specific cubes.
From these, the four true statements are:
* A - Persistence of the optimized order after feature/module changes.
* B - Restriction to BSO cubes in Custom Planning applications.
* D - Testing in a test environment first as a best practice.
* E - Refreshing and backing up before optimization.
The false statements (C and F) incorrectly limit the feature to specific modules (Financials, Projects, Workforce), whereas it's designed for Custom Planning applications. The Oracle documentation supports A, B, D, and E as true, aligning with the feature's functionality and recommended practices.
References:
Oracle Planning 2024 Implementation Study Guide: "Optimize Dimension Feature" (docs.oracle.com, Published 2024-09-25).
Oracle EPM Cloud Documentation: "BSO Dimension Optimization" (docs.oracle.com, Published 2023-12-20, updated for 2024).
NEW QUESTION # 25
What can help you optimize your decision-making by performing automated what if analysis in Strategic Modeling?
- A. Model Change Management
- B. Simulations
- C. Consolidations
- D. EPM Automate
Answer: B
NEW QUESTION # 26
With Machine Learning, which type of prediction would you define to predict using the same dimension, measure, and slice of data?
- A. Univariate Prediction
- B. Dimension Prediction
- C. Forecast Prediction
- D. Source Prediction
Answer: A
NEW QUESTION # 27
When importing data into Planning using a scheduled job, which option allows you to load data from the server?
- A. You select the data locally
- B. You refresh the database after importing data
- C. You select the Include Metadata option
- D. You select data load files from the inbox
Answer: C
NEW QUESTION # 28
Which module do you enable and configure if you want to develop plans and forecasts with driver-based or based income statement, balance sheet, and cash flow planning, or revenue and expenses?
- A. Projects
- B. Financials
- C. Strategic Workforce
- D. Capital
Answer: B
NEW QUESTION # 29
You want to design a report with Reports for Oracle Enterprise Performance Management Cloud. You have an error on the report indicated by a red bar above the report header.
Which two statements describe possible causes of report object errors in Report Designer?
- A. The report name is blank when you use a text function to display the name.
- B. The report object overlaps with another report object.
- C. The data source connection for the report is no longer valid.
- D. The size of the inserted graphic is too large.
Answer: B,C
Explanation:
When designing a report in Reports for Oracle Enterprise Performance Management Cloud and encountering an error (indicated by a red bar above the report header), the issue often stems from report object configuration. The two possible causes are:
* A. The report name is blank when you use a text function to display the name: Incorrect. A blank report name might cause display issues, but it's not a common cause of a report object error flagged by a red bar-errors typically relate to objects or data sources, not naming.
* B. The report object overlaps with another report object: Correct. Overlapping objects (e.g., grids, charts) can cause rendering or validation errors in Report Designer, triggering an error indicator like a red bar due to layout conflicts.
* C. The data source connection for the report is no longer valid: Correct. If the data source (e.g., a cube or grid definition) becomes invalid (e.g., deleted, renamed, or inaccessible), the report cannot retrieve data, resulting in an error marked by a red bar.
* D. The size of the inserted graphic is too large: Incorrect. While large graphics might affect performance or formatting, they do not typically cause a report object error flagged by a red bar-size issues are more likely to impact display than functionality.
The Oracle documentation identifies B (object overlap) and C (invalid data source) as frequent causes of errors in Report Designer, making them the correct answers.
References:
Oracle Planning 2024 Implementation Study Guide: "Troubleshooting Reports in Report Designer" (docs.
oracle.com, Published 2024-10-20).
Oracle EPM Cloud Documentation: "Report Designer Error Handling" (docs.oracle.com, Published 2023-11-
25, updated for 2024).
NEW QUESTION # 30
Which two are use cases for Smart Push?
- A. Allow the application to schedule when to synchronize data
- B. Allow users to update data in another cube on demand
- C. Allow users to update data in reporting cube after saving data in the planning web form
- D. Allow users to run Smart Push in forms to move data from source aggregate storage cubes.
Answer: B,C
NEW QUESTION # 31
Before users can start using Workforce, Workforce features need to be enabled. Based on your selections, dimensions, drivers, forms, and accounts are populated. In most cases, you can come back later and incrementally enable additional features. Which of the following is an exception when enabling Workforce?
- A. If you want to use Employee Demographics, you must select it the first time you enable features.
- B. If you import asset details into Workforce, you must track the details of an asset the Asset Details dimension.
- C. If you want to consolidate Workforce reports, you must use a custom template and push data to Strategic Modeling.
- D. If you want to map multiple Projects with Workforce, you must import Resource Classes in projects.
Answer: A
NEW QUESTION # 32
Which two statements are true about approval units?
- A. Approval units can also include secondary dimensions within any entity.
- B. You can set the option in Application Settings to include detailed annotations for approval units.
- C. Approval units are combinations of scenario, version, and entity or part of an entity.
- D. You can have up to three scenario/version combinations per approval unit.
Answer: A,C
Explanation:
In Oracle Planning 2024, approval units manage the review process. The two true statements are:
* A. You can have up to three scenario/version combinations per approval unit: Incorrect. There's no strict limit of three scenario/version combinations per approval unit; multiple combinations are possible based on hierarchy design.
* B. Approval units are combinations of scenario, version, and entity or part of an entity: Correct.
Approval units are defined by Scenario (e.g., Budget), Version (e.g., Working), and Entity (e.g., Department) or entity hierarchies, forming the basis of the approval process.
* C. Approval units can also include secondary dimensions within any entity: Correct. Secondary dimensions (e.g., Product, Project) can be added to approval units within an entity to refine the scope of approval.
* D. You can set the option in Application Settings to include detailed annotations for approval units:
Incorrect. Annotations are cell-level notes, not an Application Settings option tied to approval units; they're managed separately.
The Oracle documentation confirms B and C as accurate descriptions of approval units, making them the correct answers.
References:
Oracle Planning 2024 Implementation Study Guide: "Approval Units Overview" (docs.oracle.com, Published
2024-09-15).
Oracle EPM Cloud Documentation: "Configuring Approval Units" (docs.oracle.com, Published 2023-12-10, updated for 2024).
NEW QUESTION # 33
After enabling and configuring Financials, which of the following is a recommended post-configuration task?
- A. Specify the days in Period and to modify account signage for alternate reporting methods
- B. Disable features that you do not plan to use
- C. Map and rename custom dimensions in Financials that will be used to integrate with other modules
- D. Plan headcount and detailed employee compensation by employee, job code, or both
Answer: C
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 # 34
A company would like to configure Financials, Workforce, and Projects. They would like to plan and forecast the Project dimension in Financials, as well as track employee utilization in Projects.
Which two actions must they take to ensure that the Project dimension is shared and the data integrated correctly across all three modules? (Choose two.)
- A. In Workforce, ensure that the granularity is at Employee or Employee and Job
- B. In Projects, ensure that the Employee driver-based expense is enabled
- C. In Workforce, rename one of the custom dimensions to "Project" and enable it
- D. In Financials, rename one of the custom dimensions to "Project" and enable it
Answer: A,C
NEW QUESTION # 35
Which three options can you enable for Manage Existing Assets in Capital?
- A. Transfers
- B. Retirements
- C. Leased Assets
- D. Named Assets
- E. Improvements/Impairments
Answer: A,B,E
NEW QUESTION # 36
You want to associate Insights with calendar events to associate with the insights so you can use the in IPM Insights, Auto Predict definitions, and Predictive Planning. Which two statements are true about incorporating events in IPM insights?
- A. After creating events, you cannot choose to skip the historical data spikes or falls, so that the data for the event is always included in the analysis.
- B. Events are typically one-off or recurring events that historically led to spikes or declines in data.
- C. When you use events, spikes or falls in data are automatically normalized and distributed over the analysis period.
- D. Using events helps you plan ahead for the events and take advantage of opportunities by allowing you to see anticipated spikes and falls in the insight data for specific events.
- E. All events are taken into consideration during prediction regardless of active or inactive status.
Answer: B,D
NEW QUESTION # 37
Which three features would you need to enable in order to perform indirect cash flow statement planning?
- A. Balance Sheet
- B. Expense
- C. Revenue
- D. Income Statement
- E. Cash Flow Statement
Answer: A,D,E
NEW QUESTION # 38
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