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Oracle 1z0-1080-24 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 2
- 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 3
- 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.
Topic 4
- 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 5
- Configure Intelligent Performance Management: This section of the exam measures the skills of machine learning specialists and focuses on configuring IPM components. It includes setting up machine learning models for predictive analytics within Planning applications.
Topic 6
- 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 7
- Introduction to Strategic Modelling: This section of the exam measures the skills of strategic modelers and covers strategic modeling concepts. It includes setting up models, running simulations, and understanding their impact on decision-making processes.
Topic 8
- 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 9
- Introduction to Planning Modules: This section of the exam measures the skills of module planners and introduces Planning modules. It includes integrating modules, leveraging best practices for module planning, and configuring Financials, Workforce, Capital, and Projects.
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Oracle Planning 2024 Implementation Professional Sample Questions (Q25-Q30):
NEW QUESTION # 25
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 Preferred to balance the model.
- B. You can increase Contra-Equity to balance the model.
- C. You can decrease Dividends or Assets to balance the model.
- D. You can increase Debt or Equity to balance the model.
Answer: C,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 # 26
You can override expense lines in Financials with the more detailed values that Workforce stores. What steps would you take to move the detailed values to Financials?
- A. On the Financials Integration Summary form, from the Actions menu, select the Rollup business rule.
- B. In data maps, for Compensation Data, synchronize and then push the data.
- C. In data maps, for Financial Statement Integration, define how the detailed Workforce accounts roll up into the Financials accounts.
- D. On the Financials Integration Summary form, calculate compensation data to update the underlying details for Workforce data.
Answer: C
Explanation:
In Oracle Planning 2024, integrating detailed Workforce data (such as salary, benefits, and taxes) into Financials involves leveraging out-of-the-box integration features like data maps and Smart Push. To override expense lines in Financials with more detailed values stored in Workforce, the correct approach is to define how Workforce accounts roll up into Financials accounts using the "Financial Statement Integration" data map. This process involves mapping specific Workforce accounts (e.g., payroll taxes, total salary) to corresponding Financials accounts and then synchronizing and pushing the data to update Financials with the detailed values.
Option A is the verified answer because it directly addresses the initial setup required to move detailed Workforce values into Financials by defining the rollup mappings in the Financial Statement Integration data map. After this mapping is configured, administrators can synchronize and push the data to reflect the detailed values in Financials reporting. Option B is incorrect because the Financials Integration Summary form is used to view rolled-up data, not to calculate compensation data for updating underlying Workforce details-this is a Workforce-specific task, not a data movement step. Option C is also incorrect, as there is no "Rollup business rule" explicitly mentioned in the Financials Integration Summary form's Actions menu for this purpose; instead, rollup occurs via data maps. Option D, while related to Compensation Data synchronization, is a narrower action that does not fully address the broader task of moving detailed Workforce values into Financials expense lines, which requires the Financial Statement Integration data map.
The Oracle Planning 2024 Implementation documentation highlights that Financials integrates with Workforce using predefined data maps, such as Financial Statement Integration, to roll up detailedemployee expenses into financial reporting, making Option A the most accurate and complete step for this scenario.
References:
* Oracle Planning 2024 Implementation Study Guide: "Integration Scenarios and Workflow" (docs.oracle.
com, Published 2024-08-19).
* Oracle EPM Cloud Documentation: "Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials" (updated for 2024 workflows).
* Oracle Planning Documentation: "Administering and Working with Strategic Workforce Planning" (docs.oracle.com, Published 2024-12-04).
NEW QUESTION # 27
What feature can Service Administrators use to automatically complete all the actions required to create an exact copy of the current application in a target environment?
This includes the removal of the current application and data, if any, from the target environment.
- A. Migration Backup
- B. Clone Snapshot
- C. Migration Export
- D. Replicate Snapshot
Answer: B
Explanation:
In Oracle Planning 2024, Service Administrators can use the Clone Snapshot feature to create an exact copy of the current application in a target environment. This feature automates all actions required for cloning, including removing the existing application and data in the target environment (if any) and replacing it with a snapshot of the source environment. The process involves exporting a snapshot fromthe source, deleting the target environment's current application and data, and then importing and applying the snapshot to recreate the application identically.
* A. Replicate Snapshot: This is incorrect because "Replicate Snapshot" is not a defined feature in Oracle Planning. Replication typically implies duplicating data without necessarily overwriting the target, which doesn't align with the requirement of removing existing content.
* B. Migration Export: This is incorrect because Migration Export only exports application artifacts (e.g., metadata, data) to a file for manual transfer or backup, but it does not automate the removal of the target environment's content or the import process.
* C. Clone Snapshot: This is correct. The Clone Snapshot feature, available under the Environment management tools, fully automates the cloning process, including deletion of the target environment's application and data, followed by the recreation of the source application.
* D. Migration Backup: This is incorrect because Migration Backup creates a backup file for recovery purposes but does not involve cloning or overwriting a target environment.
The Oracle Planning 2024 documentation specifies that Clone Snapshot is designed for such end-to-end automation, making it the ideal choice for Service Administrators to replicate an application across environments efficiently.
References:
* Oracle Planning 2024 Implementation Study Guide: "Managing Environments with Clone Snapshot" (docs.oracle.com, Published 2024-09-15).
* Oracle EPM Cloud Documentation: "Cloning Environments in Planning" (docs.oracle.com, Published
2023-10-20, updated for 2024).
NEW QUESTION # 28
Which two types of Groovy Rules are supported by Oracle?
- A. Rules that dynamically calculate data and perform validation checks in tile charts and infolets
- B. Rules that overwrite member formulas that combine operators and calculation functions, and perform calculations on members in Dimension Editor
- C. Rules that can dynamically generate calculation scripts at run time based on contexts such as runtime prompts, the POV, the current grid, and so on
- D. Pure Groovy rules that can perform data validations and cancel the operation if the data entered violates company policies
Answer: C,D
Explanation:
In Oracle Planning 2024, Groovy Rules enhance business logic flexibility. Oracle supports two main types of Groovy Rules:
* A. Rules that overwrite member formulas that combine operators and calculation functions, and perform calculations on members in Dimension Editor: Incorrect. Groovy Rules do not overwrite member formulas in the Dimension Editor; they operate at runtime and are defined in the Rules editor, not as static dimension overrides.
* B. Rules that can dynamically generate calculation scripts at run time based on contexts such as runtime prompts, the POV, the current grid, and so on: Correct. Oracle supports Groovy Rules that generate dynamic calc scripts based on runtime contexts (e.g., POV, grid data, prompts), enabling adaptive calculations.
* C. Pure Groovy rules that can perform data validations and cancel the operation if the data entered violates company policies: Correct. Pure Groovy Rules can validate data (e.g., checking ranges or policies) and cancel operations (e.g., via exceptions), a key feature for enforcing business rules.
* D. Rules that dynamically calculate data and perform validation checks in tile charts and infolets:
Incorrect. Groovy Rules operate on cubes and forms, not directly within tile charts or infolets, which are UI elements driven by underlying data, not rule execution points.
The Oracle documentation confirms B (dynamic script generation) and C (data validation) as supported Groovy Rule types, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Groovy Rules in Planning" (docs.oracle.com, Published 2024-10-15).
* Oracle EPM Cloud Documentation: "Supported Groovy Rule Types" (docs.oracle.com, Published 2023-
11-20, updated for 2024).
NEW QUESTION # 29
Which item CANNOT be pushed between cubes using data maps?
- A. Attachments
- B. Comments
- C. Supporting detail
- D. Data change history
Answer: D
Explanation:
In Oracle Planning 2024, data maps with Smart Push or manual execution can push various types of data between cubes within the same application or across applications. However, not all items can be transferred.
The item that cannot be pushed is:
* A. Comments: Incorrect. Comments (cell-level annotations) can be pushed between cubes using data maps, provided the mappings include the necessary dimensions.
* B. Attachments: Incorrect. Attachments linked to data cells can be transferred via data maps, as long as the target cube supports them and the mapping is configured correctly.
* C. Data change history: Correct. Data change history (audit trails tracking who changed what and when) is not transferable via data maps. It is metadata tied to the source cube's audit log, not a pushable data element.
* D. Supporting detail: Incorrect. Supporting detail (breakdowns of aggregated values) can be pushed between cubes if the target cube is configured to accept it and the mapping includes it.
The Oracle documentation specifies that data change history is excluded from data map transfers, as it's a system-maintained log, not a user-editable or movable data type, making C the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Data Maps and Pushable Items" (docs.oracle.com, Published 2024-10-05).
* Oracle EPM Cloud Documentation: "Smart Push Capabilities" (docs.oracle.com, Published 2023-12-
15, updated for 2024).
NEW QUESTION # 30
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