Practice with 1Z0-1080-20 Dumps for Oracle Enterprise Planning and Budgeting Cloud Service Certified Exam Questions & Answer
REAL 1Z0-1080-20 Exam Questions With 100% Refund Guarantee
Oracle 1Z0-1080-20 certification exam covers a range of essential topics related to Oracle Planning Cloud implementation. These topics include understanding the architecture and features of Oracle Planning Cloud, configuring and deploying Oracle Planning Cloud applications, managing security in Oracle Planning Cloud, and optimizing performance and scalability of Oracle Planning Cloud solutions. To pass this certification exam, you must have a strong foundational knowledge of these topics and be able to apply them in real-world scenarios.
NEW QUESTION # 31
What two form validation rules options are supported in Planning? (Choose two.)
- A. When enabled, the form will be validated multiple times by replacing the user variable from the approval unit dimension with every possible value.
- B. When enabled, execute validations associated with the form for all users regardless of access rights when validating the Approval unit.
- C. When enabled, the system figures out which page combinations have potential data blocks and runs the validations regardless of those page combinations.
- 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, all validations are run as the administrator and applied to the form members.
Answer: A,D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/ including_data_validation_rules_in_forms.html
NEW QUESTION # 32
You want to move financial information from Projects to Financials for account level data.
Which describes the action you can take to accomplish this? (Choose the best answer.)
- A. Rollup project data which pushes data to Financials based on account mappings.
- B. In data maps, push data for the predefined Financial Statement Integration.
- C. On the Financials Integration Summary form, from the Actions menu, select PFP Detail to calculate project data.
- D. In Financials, run the Financials Integration business rule to update data from Projects.
Answer: B
NEW QUESTION # 33
Which statement is true when executing a lifecycle management migration? Choose the best answer.
- A. Restoring Essbase data from a snapshot will remove any data that doesn't exist in the backup.
- B. Importing Dimensions will remove members that do not exist in the snapshot.
- C. All forms that do not exist in the snapshot will be deleted.
- D. Selected slices of data can be imported into Essbase.
Answer: D
NEW QUESTION # 34
A company has enabled Financials and now would like to make changes to the initial configuration. Which three changes can be made? (Choose three.)
- A. Adding custom dimensions
- B. Enabling Rolling Forecast
- C. Removing custom dimensions
- D. Enabling Income Statement
- E. Enabling Expense
- F. Disabling already enabled features
Answer: B,D,E
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/ fin_enabling_financials_features_110xdb25742f.html
NEW QUESTION # 35
What are four types of values that can be used in business rule run-time prompts? (Choose four.)
- A. Member or members
- B. Integer
- C. Date as Number
- D. String
- E. Substitution Variables
- F. Smart Lists
Answer: A,C,E,F
Explanation:
Reference:
https://docs.oracle.com/cd/E57185_01/PLAUG/br_prmpt.html
NEW QUESTION # 36
In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)
- A. To import and export metadata, data, artifacts and snapshots
- B. To execute scripts that complete tasks using a scheduler
- C. To copy data from a block storage database to an aggregate storage database
- D. To promote financial plans to the next level in the approval hierarchy 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.
- E. To copy data from an aggregate storage database to a block storage database
Answer: A,B,C
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/cepma/ using_epmctl.html
NEW QUESTION # 37
After loading Workforce data from external systems, which statement describes actions you can take to make adjustments to loaded data and then calculate compensation expenses? Choose the best answer.
- A. Change loaded benefit information in Workforce such as options for medical benefits and then launch the compensation data business rule to calculate the updated benefit data.
- B. In Workforce, if you change both the selected benefit option and the rate, when compensation expenses are calculated, the value will be based on the benefit option's default value.
- C. Change loaded salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.
- D. In Workforce, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
Answer: B
NEW QUESTION # 38
Which three statements are TRUE for Sandboxes? (Choose three.)
- A. After you enable sandboxes for a cube, you can't later disable that option.
- B. If you enable sandboxes for a cube, Version members have the Enable Sandboxes option.
- C. You can enable sandboxes for all Planning cubes and Reporting cubes.
- D. After you enable sandboxes for a cube, you can later disable that option.
- E. You can enable sandboxes only in Planning cubes and for custom cubes created in module-based Planning, not for Reporting cubes.
Answer: A,B,E
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/enabling_sandboxes.html
NEW QUESTION # 39
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, navigate to Target Application and select your Planning application. Click Refresh Members.
- B. In Data Management, navigate to Import Format and select your Planning application. Click Refresh Dimensions.
- C. In Data Management, to Target Application and select your Planning application. Click Refresh Metadata.
- D. In Data Management, navigate to Application Dimensions and click Refresh Dimensions.
Answer: A
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/ erpi_reg_target_app.html
NEW QUESTION # 40
If the HSP_VIEW dimension exists in the cube, what feature has been enabled? (Choose the best answer.)
- A. Multicurrency
- B. Sandboxes
- C. Intercompany Eliminations
- D. Rolling Forecast
Answer: B
Explanation:
When a cube is enabled for sandboxes, the HSP_View dimension is created.
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/ the_hsp_view_dimension.html
NEW QUESTION # 41
Which two clients or command line tools can you download from Planning? (Choose two.)
- A. Strategic Modeling Smart View add-on
- B. Calculation Manager
- C. Data Management
- D. EPM Automate
Answer: A,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 # 42
What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
- A. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
- 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. Enable the input option for upper level time periods when you add time detail.
- E. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
Answer: A,B,D
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 # 43
When loading Salaries into Workforce, which Property should the values be loaded to? (Choose the best answer.)
- A. OWP_Gross Earnings
- B. OWP_Salary Basis
- C. OWP_Expense Amount
- D. OWP_Value
Answer: B
Explanation:
The salary basis specifies the frequency of the amount sent to payroll and stored as salary, such as annual or hourly amount. It also specifies the payroll element and input value that feeds the salary to payroll and the grade rate that provides the salary range.
Reference:
https://docs.oracle.com/cloud/farel9/common/FAIWC/F1443869AN18796.htm
NEW QUESTION # 44
Which three Financials members within the Plan Element dimension allow for forecast and plan data entry? (Choose three.)
- A. OFS_% Increase/(Decrease)
- B. OFS_Trend
- C. OFS_Direct Input
- D. OFS_Form Entry
- E. OFS_Input
Answer: A,B,D
NEW QUESTION # 45
Which two are supported funding methods in Strategic Modeling? (Choose two.)
- A. Proposed Projects funding method
- B. Employee-based funding method
- C. Standard funding method
- D. Target Capital Structure funding method
Answer: C,D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/cssmu/ using_funding_methods_236x8f4329e8.html
NEW QUESTION # 46
Which describes Strategic Modeling? Choose the best answer.
- A. Used primarily for balance sheet planning
- B. Used to evaluate how assets and resources related to corporate initiatives are allocated
- C. Used to evaluate financial scenarios and perform financial impact analysis.
- D. Used to develop plans and forecasts and generate core financial statements
Answer: C
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/ about_strategic_modeling_104x7f015aa0.html
NEW QUESTION # 47
What three tasks can you perform in the Data Management Workbench? (Choose three.)
- A. Maintain Process Tables
- B. Export
- C. Validate
- D. Delete Integration
- E. Import
Answer: B,C,E
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/erpia/ using_the_data_load_workbench.html
NEW QUESTION # 48
In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)
- A. Plan start year
- B. Program mappings
- C. Standard rates
- D. Project rates
- E. Discount rates
- F. Working days and hours
Answer: B,D,F
NEW QUESTION # 49
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. Running Financials rules to aggregate and calculate the data
- C. Setting Up Planning and Forecast Preparation
- D. Entering exchange rates
- E. Modifying account signage for alternate reporting methods
- F. Specifying days in period for driver-based Balance Sheet
Answer: C,D,F
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/fin_configuring_financials104xdb20950b.html
NEW QUESTION # 50
Which card allows you to enable modules? (Choose the best answer.)
- A. Settings
- B. Data Maps
- C. Overview
- D. Configure
- E. Valid Intersections
Answer: D
Explanation:
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/proj_enabling_project_features100xd3780265.html
NEW QUESTION # 51
Which migration category is required to restore dimensional security? (Choose the best answer.)
- A. Calculation Manager
- B. Reporting
- C. Planning
- D. Groups and Memberships
Answer: D
Explanation:
Reference:
https://docs.oracle.com/cd/E57185_01/EASOH/ss_sec_mode.html
NEW QUESTION # 52
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Preparing for the Oracle 1Z0-1080-20 exam requires a deep understanding of PBCS implementation best practices, as well as hands-on experience with PBCS. Oracle recommends that candidates attend official training courses, such as Oracle Planning and Budgeting Cloud Service 2020 Implementation Essentials, to prepare for the exam. Additionally, Oracle provides a range of study materials, including online tutorials, documentation, and practice exams, to help candidates prepare for the exam.
Oracle 1Z0-1080-20 (Oracle Planning 2020 Implementation Essentials) Certification Exam is a specialized certification exam that is designed to test the skills and knowledge required to implement and manage Oracle Planning and Budgeting Cloud Service (PBCS). Oracle Planning 2020 Implementation Essentials certification exam is targeted towards professionals who are involved in the implementation and administration of Oracle Planning and Budgeting Cloud Service solutions.
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