Oracle 1Z0-1080-20 Online Practice Questions and Exam Preparation

Oracle 1Z0-1080-20 Online Questions & Answers

• Question 1:

  Which three security design principles can help reduce overall security maintenance and troubleshooting, while still balancing security control? (Choose three.)

  A. Creating groups over assigning individual access permissions to users
  B. Configuring single sign-on (SSO)
  C. Assigning a higher level role than necessary, then scaling back access permissions
  D. Using inherited permissions
  E. Assigning global read access to each cube, then fine-tuning none and write access within dimensional security
  A. Creating groups over assigning individual access permissions to users
  C. Assigning a higher level role than necessary, then scaling back access permissions
  D. Using inherited permissions

• Question 2:

  Which two methods can be used to push data between cubes? (Choose two.)

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

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  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/push_dat.html

• Question 3:

  What is the correct sequence of steps for enabling each Planning module? Choose the best answer.

  A. Enable the module, refresh the database
  B. Run pre-configuration tasks, enable the module, configure the module
  C. Configure the module, refresh the database
  D. Enable the module, configure the module, run post configuration tasks
  B. Run pre-configuration tasks, enable the module, configure the module

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  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/GUID-71622AFD-C1F0-4D40-A36F-85FA8AA305B6.pdf

• Question 4:

  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
  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

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  Reference: https://docs.oracle.com/cd/E57185_01/HFWCG/about_the_user_point_of_view.htm#HFWCG-designing_a_report_35

• Question 5:

  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
  B. EPM Automate
  C. Strategic Modeling Smart View add-on

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

• Question 6:

  Which describes Strategic Modeling? Choose the best answer.

  A. Used to evaluate financial scenarios and perform financial impact analysis.
  B. Used to evaluate how assets and resources related to corporate initiatives are allocated
  C. Used primarily for balance sheet planning
  D. Used to develop plans and forecasts and generate core financial statements
  A. Used to evaluate financial scenarios and perform financial impact analysis.

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  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/about_strategic_modeling_104x7f015aa0.html

• Question 7:

  What are four types of values that can be used in business rule run-time prompts? (Choose four.)

  A. String
  B. Substitution Variables
  C. Member or members
  D. Integer
  E. Date as Number
  F. Smart Lists
  B. Substitution Variables
  C. Member or members
  E. Date as Number
  F. Smart Lists

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  Reference: https://docs.oracle.com/cd/E57185_01/PLAUG/br_prmpt.html

• Question 8:

  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
  A. 4, 6, or 8 quarters
  D. 13, 26, or 52 weeks
  E. 12, 18, 24, 30, 36, 48, or 60 months

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  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/GUID-71622AFD-C1F0-4D40-A36F-85FA8AA305B6.pdf (5-12)

• Question 9:

  If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)

  A. Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.
  B. You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
  C. You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
  D. You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.
  E. You can perform calculations using existing rules, and plan using existing forms and dashboards.
  F. You input or import your own accounts for each enabled feature.
  B. You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
  C. You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
  E. You can perform calculations using existing rules, and plan using existing forms and dashboards.
  F. You input or import your own accounts for each enabled feature.

• Question 10:

  In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.

  A. Monthly, Quarterly, or Semiannually
  B. After Completion
  C. When Paid
  D. When Billed
  C. When Paid

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  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/GUID-AECB4021-59B2-4C88-AFEE-92FB04D92C21.pdf (5-6)