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

• Question 51:

  Which three describe the supported rolling forecast time periods in Financials? (Choose three.)

  A. 4, 6, or 8 quarters

  B. 4, 12, 36 weeks

  C. 1, 2, 4, 5 years

  D. 13, 26, or 52 weeks

  E. 12, 18, 24, 30, 36, 48, or 60 months

  Correct Answer: ADE

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/GUID-71622AFDC1F0-4D40-A36F-85FA8AA305B6.pdf (5-12)

• Question 52:

  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. Enabling Expense

  B. Enabling Income Statement

  C. Disabling already enabled features

  D. Adding custom dimensions

  E. Enabling Rolling Forecast

  F. Removing custom dimensions

  Correct Answer: ABE

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/ fin_enabling_financials_features_110xdb25742f.html

• Question 53:

  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. Selected slices of data can be imported into Essbase.

  D. All forms that do not exist in the snapshot will be deleted.

  Correct Answer: C

• Question 54:

  Which three are use cases for data maps? (Choose three.)

  A. To allow users to drill back to the data in a different cube.

  B. To integrate data between custom plan types and Planning modules

  C. To integrate data between Planning modules

  D. To push data from a planning cube to a reporting cube

  E. To create a replicated partition between cubes

  Correct Answer: ABC

• Question 55:

  Which two are displayed on the user point of view bar within a financial report? Choose two.

  A. Dimensions that are tagged as type Time

  B. Dimensions that are tagged as type Account

  C. Dimensions not defined in a row, column, or page

  D. Dimensions in a row, column, or page that are flagged for the current point of view

  Correct Answer: CD

  Reference: https://docs.oracle.com/cd/E57185_01/HFWCG/about_the_user_point_of_view.htm#HFWCGdesigning_a_report_35

• Question 56:

  What are the two primary use cases for an ASO reporting cube? (Choose two.)

  A. You want to create and execute Calculation Manager business rules

  B. You want to report on Smart Lists in Planning, which you can't do in Planning

  C. You want to report on new Planning data originating from any source, such as a data warehouse

  D. You want to create, maintain, and report on Attribute dimensions

  Correct Answer: BD

• Question 57:

  Which two client requirements align with using an ASO plan type alongside the module-based plan types? (Choose two.)

  A. The client would like to plan revenue by Product and Services dimensions.

  B. The client would like to report the results of the allocation process by Entity.

  C. The client would like to store 10 years of actuals history for reporting purposes but only requires prior year history for planning purposes.

  D. Due to sparse dimensionality, aggregation times are slow in the application.

  E. The client has 10 dimensions in the application and needs to report at each intersection.

  Correct Answer: DE

  Reference: https://www.oracle.com/webfolder/technetwork/tutorials/obe/hyp/CreateASOReportingCube1112/CreateASOReportingCube-1112.htm

• Question 58:

  What two form validation rules options are supported in Planning? (Choose two.)

  A. When enabled, execute validations associated with the form for all users regardless of access rights when validating the Approval unit.

  B. When enabled, all validations are run as the administrator and applied to the form members.

  C. 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.

  D. When enabled, the system figures out which page combinations have potential data blocks and runs the validations regardless of those page combinations.

  E. When enabled, the form will be validated multiple times by replacing the user variable from the approval unit dimension with every possible value.

  Correct Answer: CE

  Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/ including_data_validation_rules_in_forms.html

• Question 59:

  Which two are supported funding methods in Strategic Modeling? (Choose two.)

  A. Target Capital Structure funding method

  B. Standard funding method

  C. Proposed Projects funding method

  D. Employee-based funding method

  Correct Answer: AB

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/cssmu/ using_funding_methods_236x8f4329e8.html

• Question 60:

  You want to share detailed benefits data from Workforce with Financials.

  Which statement describes the steps you must take? Choose the best answer.

  A. Enable and configure Financials, and Workforce. When enabling Workforce, create a custom Benefits dimension to map the data to. Then for the Financial Statement Integration data map, synchronize and push the data.

  B. Enable and configure Financials and Workforce. Then in the Workforce Benefits and Taxes wizard, select a financial account to map the benefit to. For Compensation Data, synchronize and run the data map.

  C. Enable and configure Financials, and Workforce. When enabling Financials, create a custom Benefits dimension to map the data to. On the Financials Integration Summary form, run Calculate Compensation to update the Workforce data.

  D. Enable and configure Financials, and Workforce. Then to capture Workforce expenses for employees, enable Standard Rates from Workforce. For the Compensation Data for Reporting data map, synchronize then push the data.

  Correct Answer: D