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1z0-1080-24 Learning Materials: Oracle Planning 2024 Implementation Professional & 1z0-1080-24 Test Braindumps

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Oracle 1z0-1080-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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 3

Set Up Planning Security: This section of the exam measures the skills of security administrators and focuses on provisioning users and groups. It includes assigning access permissions to artifacts and cells in Planning to ensure secure access to critical information.

Topic 4

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.

Topic 5

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 6

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.

Oracle Planning 2024 Implementation Professional Sample Questions (Q27-Q32):

NEW QUESTION # 27
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 Dividends or Assets to balance the model.
B. You can increase Debt or Equity to balance the model.
C. You can increase Contra-Equity to balance the model.
D. You can decrease Preferred to balance the model.

Answer: A,B

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 # 28
You want to set up weekly planning for 18 continuous months.
Which three options need to be selected when initially enabling features in Financials?

A. Weeks to Months Mapping
B. Weekly Planning
C. Rolling Forecast
D. Time Frame Granularity
E. Custom Periods

Answer: A,B,C

Explanation:
To set up weekly planning for 18 continuous months in Oracle Planning 2024's Financials module, specific options must be selected when initially enabling features via the Configure card. The three required options are:
* A. Time Frame Granularity: Incorrect. This is not a specific option in the Enable Features page; granularity (e.g., weeks) is controlled by Weekly Planning, not a separate setting.
* B. Rolling Forecast: Correct. Enabling Rolling Forecast allows planning over a continuous 18-month horizon, dynamically updating as time progresses, which aligns with the requirement for ongoing weekly planning.
* C. Weeks to Months Mapping: Correct. This option defines how weekly data rolls up into monthly totals, essential for reporting and analysis over the 18-month period in a weekly planning setup.
* D. Weekly Planning: Correct. Enabling Weekly Planning sets the periodicity to weeks instead of months, allowing budgeting and forecasting at a weekly level for the 18 months.
* E. Custom Periods: Incorrect. Custom Periods allow defining non-standard time periods, but they are not required for weekly planning over 18 months-Weekly Planning and standard calendar setups suffice.
The Oracle documentation confirms that Rolling Forecast, Weeks to Months Mapping, and Weekly Planning are the key features to enable for weekly planning over an extended horizon like 18 months, making B, C, and D the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Enabling Weekly Planning in Financials" (docs.
oracle.com, Published 2024-09-10).
* Oracle EPM Cloud Documentation: "Configuring Rolling Forecasts and Weekly Planning" (docs.oracle.
com, Published 2023-11-20, updated for 2024).

NEW QUESTION # 29
Which two can be used to push data between cubes?

A. Copy Data
B. Data Integration
C. Data Maps
D. Import Data

Answer: A,C

Explanation:
In Oracle Planning 2024, pushing data between cubes (e.g., from one cube to another within the same application) can be accomplished using specific tools. The two methods that facilitate this are:
* A. Data Integration: Incorrect. Data Integration is used to import data from external sources (e.g., files, other systems) into Planning, not to push data between cubes within the same application.
* B. Data Maps: Correct. Data Maps allow you to define mappings and push data between cubes (or applications) using Smart Push or manual execution. This is a primary method for intra-application data movement.
* C. Copy Data: Correct. The Copy Data feature enables administrators to copy data from one cube to another within the same Planning application, specifying dimensions and members to transfer.
* D. Import Data: Incorrect. Import Data is designed to bring external data into a cube from a file, not to push data between existing cubes.
Both Data Maps (with Smart Push for real-time updates) and Copy Data (for batch-style transfers) are explicitly supported for moving data between cubes, as per Oracle's documentation, making B and C the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Moving Data Between Cubes" (docs.oracle.com, Published 2024-09-05).
* Oracle EPM Cloud Documentation: "Data Maps and Copy Data Features" (docs.oracle.com, Published
2023-12-25, updated for 2024).

NEW QUESTION # 30
You want to design a report with Reports for Oracle Enterprise Performance Management Cloud. You have an error on the report indicated by a red bar above the report header.
Which two statements describe possible causes of report object errors in Report Designer?

A. The size of the inserted graphic is too large.
B. The data source connection for the report is no longer valid.
C. The report object overlaps with another report object.
D. The report name is blank when you use a text function to display the name.

Answer: B,C

Explanation:
When designing a report in Reports for Oracle Enterprise Performance Management Cloud and encountering an error (indicated by a red bar above the report header), the issue often stems from report object configuration. The two possible causes are:
* A. The report name is blank when you use a text function to display the name: Incorrect. A blank report name might cause display issues, but it's not a common cause of a report object error flagged by a red bar-errors typically relate to objects or data sources, not naming.
* B. The report object overlaps with another report object: Correct. Overlapping objects (e.g., grids, charts) can cause rendering or validation errors in Report Designer, triggering an error indicator like a red bar due to layout conflicts.
* C. The data source connection for the report is no longer valid: Correct. If the data source (e.g., a cube or grid definition) becomes invalid (e.g., deleted, renamed, or inaccessible), the report cannot retrieve data, resulting in an error marked by a red bar.
* D. The size of the inserted graphic is too large: Incorrect. While large graphics might affect performance or formatting, they do not typically cause a report object error flagged by a red bar-size issues are more likely to impact display than functionality.
The Oracle documentation identifies B (object overlap) and C (invalid data source) as frequent causes of errors in Report Designer, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Troubleshooting Reports in Report Designer" (docs.oracle.com, Published 2024-10-20).
* Oracle EPM Cloud Documentation: "Report Designer Error Handling" (docs.oracle.com, Published
2023-11-25, updated for 2024).

NEW QUESTION # 31
You want to include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting. Which statement describes what you need to set up in Financials or Capital to share the data?

A. In Capital, for Expense, enable Integration with Financials.
B. In Financials, in the Asset Expenses Wizard, map each component to a Financials account.
C. In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials.
D. In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets.

Answer: A

Explanation:
To include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting within Oracle Planning 2024 Implementation, integration between the Capital and Financials modules is required. The correct setup involves enabling integration from the Capital module to share expense data with Financials.
* A. In Capital, for Expense, enable Integration with Financials: This option activates the integration feature in the Capital module under the Expense section, allowing asset-related expenses (e.g., depreciation, amortization, insurance) to be automatically pushed to Financials. Once enabled, Capital maps these expenses to the appropriate Financials accounts, ensuring seamless reporting. This is the standard method outlined in Oracle documentation for sharing Capital data with Financials.
* B. In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets: Adding a custom dimension in Financials is not the correct approach for integrating Capital expenses. Custom dimensions are for extending dimensionality, not for enabling data sharing between modules.
* C. In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials: While account mapping is part of the integration process, it is a subsequent step that occurs after enabling integration. The primary action is enabling the integration itself, not just mapping accounts.
* D. In Financials, in the Asset Expenses Wizard, map each component to a Financials account:
There is no "Asset Expenses Wizard" in Financials for this purpose. The integration is driven from Capital, not through a wizard in Financials.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Administering Capital - Integration with Financials" (docs.oracle.com, updated 2024). Specifies that "enabling Integration with Financials under Expenses in Capital" is required to share depreciation, amortization, and insurance expenses.
* Oracle Planning 2024 Implementation Study Guide: Notes that enabling integration from Capital's Expense section is the key step for including asset-related expenses in Financials reporting.

NEW QUESTION # 32
......

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