Oracle Oracle Certifications 1Z0-1080-20 Questions & Answers

• Question 11:

  Which two clients or command line tools can you download from Planning? (Choose two.)

  A. Data Management

  B. EPM Automate

  C. Strategic Modeling Smart View add-on

  D. Calculation Manager

  Correct Answer: BC

  Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/ cgsus/1_about_epm_cloud_new_sku_epm_standard.html

• Question 12:

  A company has enabled and configured Financials. Which are three recommended post configuration tasks? (Choose three.)

  A. Entering exchange rates

  B. Defining and managing the accounts and drivers

  C. Specifying days in period for driver-based Balance Sheet

  D. Running Financials rules to aggregate and calculate the data

  E. Setting Up Planning and Forecast Preparation

  F. Modifying account signage for alternate reporting methods

  Correct Answer: ACE

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/ fin_configuring_financials__104xdb20950b.html

• Question 13:

  When calculating a tiered type of tax, what should be the selected `Maximum Value Type'? (Choose the best answer.)

  A. Threshold Amount

  B. Percentage of Overall Earnings

  C. Percentage of Salary

  D. Percentage of Taxable Earnings

  E. Flat Amount

  Correct Answer: A

  Setting the Maximum Value Type to Threshold Amount is available only for Taxes.

  Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/eswpc/ wf_about_maximum_value_type_110x00c2886b.html

• Question 14:

  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_Value

  D. OWP_Expense Amount

  Correct Answer: B

  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

• Question 15:

  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. Sub Period

  C. Trailing period

  D. Base Period

  E. Periods-to-Date

  Correct Answer: C

  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.

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/GUID-AECB402159B2-4C88-AFEE-92FB04D92C21.pdf

• Question 16:

  What three actions can you perform on the data displayed in the Data Integration Workbench? (Choose three.)

  A. Re-register or modify the data source system

  B. Open loaded data in Microsoft Excel

  C. Apply a filter using Equal and a specific value

  D. Apply a filter using Contains and a specific value

  E. Drill-through to source from specified data cells

  Correct Answer: CDE

  Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/diepm/ integrations_workbench_filtering_100x14acdd0a.html

• Question 17:

  To assign Workforce resources to initiatives, which default custom dimension is required in the Map/ Rename Dimensions section? (Choose the best answer.)

  A. Project

  B. Program

  C. Elective

  D. Measure

  Correct Answer: B

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/GUID-71622AFDC1F0-4D40-A36F-85FA8AA305B6.pdf

• Question 18:

  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 Financials, rename one of the custom dimensions to "Project" and enable it

  C. In Projects, ensure that the Employee driver-based expense is enabled D. In Workforce, rename one of the custom dimensions to "Project" and enable it

  Correct Answer: AD

• Question 19:

  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 Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.

  C. On the Configure page for Financials, when enabling features, include a custom dimension to store asset related information.

  D. On the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.

  Correct Answer: B

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/GUID-71622AFDC1F0-4D40-A36F-85FA8AA305B6.pdf (8-6)

• Question 20:

  In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)

  A. To copy data from an aggregate storage database to a block storage database

  B. To copy data from a block storage database to an aggregate storage database

  C. To execute scripts that complete tasks using a scheduler

  D. To import and export metadata, data, artifacts and snapshots

  E. To promote financial plans to the next level in the approval hierarchy

  Correct Answer: BCD

  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.

  Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/cepma/ using_epmctl.html