Three formats of Prep4sures Oracle 1z0-1080-24 Exam Preparation Material

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Oracle 1z0-1080-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	Maintain Planning: This section of the exam measures the skills of system administrators and focuses on monitoring maintenance tasks for Planning applications. It includes scheduling jobs, managing EPM Automate for automation tasks, backing up data, migrating metadata, cloning environments, and maintaining system updates.
Topic 3	Manage Forms, Dashboards, and Navigation Flows: This section of the exam measures the skills of dashboard designers and covers designing forms, dashboards, and validation rules. It also includes creating and managing navigation flows to streamline user experience within Planning applications.
Topic 4	Planning Overview: This section of the exam measures the skills of planning administrators and focuses on understanding the features of Planning applications. It includes setting up Planning and Freeform applications, managing dimensions, and explaining the impact of dimension hierarchies. It also covers configuring valid and invalid intersections and cell-level security.
Topic 5	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 6	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 7	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.

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Oracle Planning 2024 Implementation Professional Sample Questions (Q28-Q33):

NEW QUESTION # 28
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. You can have up to three scenario/version combinations per approval unit.
D. Approval units are combinations of scenario, version, and entity or part of an entity.

Answer: A,D

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 # 29
You want to budget for future headcount and related personnel expenses such as salary, benefits, and taxes.
Which module do you enable and configure to budget for these expenses?

A. Workforce
B. Strategic Modeling
C. Sales Planning
D. Financials

Answer: A

Explanation:
To budget for future headcount and related personnel expenses (e.g., salary, benefits, taxes) in Oracle Planning 2024, the Workforce module must be enabled and configured. This module is specifically designed for detailed employee planning, including:
* A. Financials: Incorrect. Financials focuses on revenue, expense, and financial statement planning at an aggregated level, not detailed headcount or personnel expenses like benefits and taxes.
* B. Strategic Modeling: Incorrect. Strategic Modeling is for high-level scenario analysis (e.g., mergers, long-term strategies), not granular headcount budgeting.
* C. Sales Planning: Incorrect. Sales Planning (if available as a custom module) targets sales forecasts and quotas, not employee-related expenses.
* D. Workforce: Correct. Workforce enables budgeting for headcount (e.g., hiring plans) and calculates associated costs-salaries, benefits (e.g., health insurance), and taxes (e.g., payroll taxes)-with predefined and customizable options.
The Oracle documentation confirms that Workforce is the module tailored for headcount and personnel expense budgeting, making D the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Overview of Workforce Module" (docs.oracle.
com, Published 2024-10-05).
* Oracle EPM Cloud Documentation: "Planning Personnel Expenses" (docs.oracle.com, Published 2023-
11-25, updated for 2024).

NEW QUESTION # 30
You want to set up weekly planning for 18 continuous months.
Which three options need to be selected when initially enabling features in Financials?

A. Time Frame Granularity
B. Weekly Planning
C. Rolling Forecast
D. Custom Periods
E. Weeks to Months Mapping

Answer: B,C,E

Explanation:
To set up weekly planning for 18 continuous months in Oracle Planning 2024's Financials module, specific options must be selected when initially enabling features via the Configure card. The three required options are:
* A. Time Frame Granularity: Incorrect. This is not a specific option in the Enable Features page; granularity (e.g., weeks) is controlled by Weekly Planning, not a separate setting.
* B. Rolling Forecast: Correct. Enabling Rolling Forecast allows planning over a continuous 18-month horizon, dynamically updating as time progresses, which aligns with the requirement for ongoing weekly planning.
* C. Weeks to Months Mapping: Correct. This option defines how weekly data rolls up into monthly totals, essential for reporting and analysis over the 18-month period in a weekly planning setup.
* D. Weekly Planning: Correct. Enabling Weekly Planning sets the periodicity to weeks instead of months, allowing budgeting and forecasting at a weekly level for the 18 months.
* E. Custom Periods: Incorrect. Custom Periods allow defining non-standard time periods, but they are not required for weekly planning over 18 months-Weekly Planning and standard calendar setups suffice.
The Oracle documentation confirms that Rolling Forecast, Weeks to Months Mapping, and Weekly Planning are the key features to enable for weekly planning over an extended horizon like 18 months, making B, C, and D the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Enabling Weekly Planning in Financials" (docs.
oracle.com, Published 2024-09-10).
* Oracle EPM Cloud Documentation: "Configuring Rolling Forecasts and Weekly Planning" (docs.oracle.
com, Published 2023-11-20, updated for 2024).

NEW QUESTION # 31
In which three ways can you create data maps that copy data using Smart Push?

A. From Planning to Tax Reporting Cloud
B. From Tax Reporting Cloud to Planning
C. Between two Planning instances
D. From Financial Consolidation and Close to Planning
E. From Planning to Financial Consolidation and Close

Answer: C,D,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 # 32
In Strategic Modeling, you have a deficit and want to balance the model.
Which two statements describe funding options you can take when you have a deficit and want to balance the model?

A. You can decrease Dividends or Assets to balance the model.
B. You can increase Contra-Equity to balance the model.
C. You can decrease Preferred to balance the model.
D. You can increase Debt or Equity to balance the model.

Answer: A,D

Explanation:
In Oracle Planning 2024's Strategic Modeling module, balancing a model with a deficit involves adjusting funding options to ensure cash flow or balance sheet equilibrium. When there's a deficit (e.g., insufficient cash), you can either increase inflows or decrease outflows. The two valid statements are:
* A. You can decrease Preferred to balance the model: Incorrect. "Preferred" typically refers to preferred stock (an equity component), but decreasing it (e.g., reducing preferred equity) would not directly increase available funds to cover a deficit-it might even worsen it by reducing capital.
* B. You can increase Debt or Equity to balance the model: Correct. Increasing Debt (e.g., issuing loans) or Equity (e.g., issuing stock) provides additional funds to cover a deficit, a common strategy in Strategic Modeling to balance cash needs.
* C. You can decrease Dividends or Assets to balance the model: Correct. Decreasing Dividends reduces cash outflows, retaining more funds, while decreasing Assets (e.g., selling assets) generates cash inflows, both helping to balance the model.
* D. You can increase Contra-Equity to balance the model: Incorrect. Contra-Equity (e.g., treasury stock) reduces total equity when increased (e.g., buying back shares), which decreases available funds, not helping to balance a deficit.
The Oracle documentation highlights that increasing Debt/Equity or decreasing Dividends/Assets are standard funding options in Strategic Modeling to address deficits, making B and C the correct statements.
References:
* Oracle Planning 2024 Implementation Study Guide: "Balancing Models in Strategic Modeling" (docs.
oracle.com, Published 2024-09-15).
* Oracle EPM Cloud Documentation: "Funding Options in Strategic Scenarios" (docs.oracle.com, Published 2023-12-10, updated for 2024).

NEW QUESTION # 33
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THREE FORMATS OF PREP4SURES ORACLE 1Z0-1080-24 EXAM PREPARATION MATERIAL

Three formats of Prep4sures Oracle 1z0-1080-24 Exam Preparation Material