[Dec 23, 2023] Exam4Labs 1z0-1080-22 Exam Practice Test Questions (Updated 72 Questions)
Pass Oracle 1z0-1080-22 Exam Info and Free Practice Test
Oracle 1z0-1080-22 certification exam is designed for professionals who want to demonstrate their expertise in Oracle Planning 2022 implementation. Oracle Planning 2022 Implementation Professional certification exam is ideal for those who have experience working with Oracle Planning and Budgeting Cloud Service and want to take their skills to the next level. 1z0-1080-22 exam covers a range of topics, including system configuration, data integration, security, and reporting. By passing 1z0-1080-22 exam, candidates can prove their ability to implement and manage Oracle Planning 2022 effectively.
Oracle 1z0-1080-22 exam consists of 60 multiple-choice questions that must be answered within 105 minutes. 1z0-1080-22 exam is available in English and Japanese and can be taken at any Pearson VUE testing center globally. The passing score for the exam is 63%, which means that candidates must correctly answer at least 38 questions out of the 60 questions on the exam.
NEW QUESTION # 25
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 help justify the need for projects and plan non-financial benefits
- D. To track the Workforce expense benefits calculated on each Contract project
Answer: C
NEW QUESTION # 26
To assign Workforce resources to initiatives, which default custom dimension is required in the Map/Rename Dimensions section? (Choose the best answer.)
- A. Program
- B. Elective
- C. Measure
- D. Project
Answer: A
NEW QUESTION # 27
Which time period allows you to collect the most recent number of time periods and measure business performance over a specific time duration? (Choose the best answer.)
- A. Deal Period
- B. Periods-to-Date
- C. Base Period
- D. Trailing period
- E. Sub Period
Answer: D
Explanation:
Trailing periods are time periods that collect the most recent number of time periods. You can set up trailing periods to occur in either a historical or a forecast period. With trailing time periods, you can measure business performance over a specific time duration.
NEW QUESTION # 28
What two form validation rules options are supported in Planning? (Choose two.)
- A. When enabled, the system figures out which page combinations have potential data blocks and runs the validations regardless of those page combinations.
- B. When enabled, the form will be validated multiple times by replacing the user variable from the approval unit dimension with every possible value.
- C. When enabled, all validations are run as the administrator and applied to the form members.
- D. When enabled, the user variable for the approval dimension on the form will be replaced by the approval unit member before the validations are run.
- E. When enabled, execute validations associated with the form for all users regardless of access rights when validating the Approval unit.
Answer: B,D
NEW QUESTION # 29
In porting data from a BSO plan type to an ASO plan type, which method cannot be utilized? Choose the best answer.
- A. Export/Import Capabilities
- B. Smart Push
- C. Data Maps
- D. XWRITE business rule
Answer: D
NEW QUESTION # 30
How do you add custom dimensions when you enable features? (Choose the best answer.)
- A. By creating a new dimension in Application Overview
- B. By adding a new dimension to the cube in Create and Manage Dimensions
- C. By adding a new dimension with Data Management
- D. By renaming a dimension in Map/Rename Dimensions
Answer: D
NEW QUESTION # 31
Which statement describes infolets? Choose the best answer.
- A. Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
- B. Infolets help you personalize focused data slices that you frequently use for analysis.
- C. Infolets help you organize, track, and prioritize your workload.
- D. Infolets help you quickly analyze data and understand key business questionss by presenting a visual overview of high-level, aggregated information.
Answer: D
NEW QUESTION # 32
When calculating a tiered type of tax, what should be the selected 'Maximum Value Type'? (Choose the best answer.)
- A. Percentage of Salary
- B. Flat Amount
- C. Percentage of Taxable Earnings
- D. Threshold Amount
- E. Percentage of Overall Earnings
Answer: D
Explanation:
Setting the Maximum Value Type to Threshold Amount is available only for Taxes.
NEW QUESTION # 33
Which three artifacts can be imported from a flat file? (Choose three.)
- A. Cell Text
- B. Linked Reporting Objects
- C. Dimensions
- D. Exchange Rate Tables
- E. Smart Lists
Answer: C,D,E
NEW QUESTION # 34
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. Pre-defined business rules for modules may be modified, but may be ignored after an application upgrade.
- C. Custom business rules can be created for each module.
- D. Modules cannot use regular business rules. Instead, they must be scripted using Groovy.
Answer: A,C
NEW QUESTION # 35
In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)
- A. To promote financial plans to the next level in the approval hierarchy
- B. To execute scripts that complete tasks using a scheduler
- C. To copy data from an aggregate storage database to a block storage database
- D. To import and export metadata, data, artifacts and snapshots
- E. To copy data from a block storage database to an aggregate storage database
Answer: B,D,E
Explanation:
Copy data from one database to another; typically, from a block storage database to an aggregate storage database. You can create scripts that are capable of completing a wide array of tasks and automate their execution using a scheduler. Import and export metadata, data, artifact and application snapshots, templates, and Data Management mappings.
NEW QUESTION # 36
A company has enabled and configured Financials. Which are three recommended post configuration tasks? (Choose three.)
- A. Defining and managing the accounts and drivers
- B. Setting Up Planning and Forecast Preparation
- C. Entering exchange rates
- D. Specifying days in period for driver-based Balance Sheet
- E. Running Financials rules to aggregate and calculate the data
- F. Modifying account signage for alternate reporting methods
Answer: B,C,D
NEW QUESTION # 37
Which migration category is required to restore dimensional security? (Choose the best answer.)
- A. Groups and Memberships
- B. Planning
- C. Reporting
- D. Calculation Manager
Answer: A
NEW QUESTION # 38
In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)
- A. Program mappings
- B. Plan start year
- C. Working days and hours
- D. Standard rates
- E. Discount rates
- F. Project rates
Answer: A,C,F
NEW QUESTION # 39
Which card allows you to enable modules? (Choose the best answer.)
- A. Overview
- B. Valid Intersections
- C. Configure
- D. Settings
- E. Data Maps
Answer: C
NEW QUESTION # 40
In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
- A. Monthly, Quarterly, or Semiannually
- B. When Billed
- C. When Paid
- D. After Completion
Answer: C
NEW QUESTION # 41
Which three metadata artifacts can be exported to a flat file? (Choose three.)
- A. Data Entry Forms
- B. Linked Reporting Objects
- C. Dimensions
- D. Exchange Rate Tables
- E. Smart Lists
Answer: C,D,E
NEW QUESTION # 42
Which three describe what you can do with Valid Intersections? (Choose three.)
- A. prevent the user from executing any type of Calculation Manager rule that uses runtime prompts
- B. specify that certain programs are valid only for some periods or departments.
- C. restrict cells containing invalid data, setting them to a read-only state within forms.
- D. allow all users to select from a non-filtered list of members on the form's point of view
- E. filter cell intersections to users when they enter data or select runtime prompts
Answer: B,D,E
NEW QUESTION # 43
In Data Management, what are the steps you need to perform to synchronize the application metadata in the target application? (Choose the best answer.)
- A. In Data Management, to Target Application and select your Planning application. Click Refresh Metadata.
- B. In Data Management, navigate to Target Application and select your Planning application. Click Refresh Members.
- C. In Data Management, navigate to Import Format and select your Planning application. Click Refresh Dimensions.
- D. In Data Management, navigate to Application Dimensions and click Refresh Dimensions.
Answer: B
NEW QUESTION # 44
After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)
- A. If an existing employee was omitted from the load file, you can add that existing employee in Workforce.
Then assign properties and compensation options for that employee. - B. To override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.
- C. Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.
- D. If an existing employee was not loaded from the load file, you won't be able to add their compensation information before first adding them to the source system and reloading the file.
- E. To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.
Answer: C,E
NEW QUESTION # 45
Which three can be automated with EPMAutomate? (Choose three.)
- A. Import user security
- B. Migrate a backup between test and production
- C. Run a Business Rule
- D. Import a file into the Planning inbox
- E. Send an email to users
Answer: B,C,D
NEW QUESTION # 46
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