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

Oracle 1Z0-1080-20 Online Questions & Answers

• Question 21:

  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
  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

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  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

• Question 22:

  In order to set up weekly planning for a continuous 18 months, which three options would need to be selected when initially configuring Financials? (Choose three.)

  A. Rolling Forecast
  B. Custom Periods
  C. Weeks to months mapping
  D. Plan Element dimension
  E. Weekly Planning
  A. Rolling Forecast
  D. Plan Element dimension
  E. Weekly Planning

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  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/common_enabling_weekly_planning_100xde280ce5.html

• Question 23:

  Which three artifacts can be imported from a flat file? (Choose three.)

  A. Exchange Rate Tables
  B. Smart Lists
  C. Linked Reporting Objects
  D. Cell Text
  E. Dimensions
  A. Exchange Rate Tables
  B. Smart Lists
  E. Dimensions

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

• Question 24:

  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.
  C. Selected slices of data can be imported into Essbase.

• Question 25:

  What is the difference between Financials and Strategic Modeling? (Choose the best answer.)

  A. There is not a technical difference, both do essentially the same thing
  B. Ownership Contributions and Consolidations are out of the box in Financials
  C. Strategic Modeling is broader in focus and used for long range planning
  D. Financials is more summarized than Strategic Modeling
  C. Strategic Modeling is broader in focus and used for long range planning

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  Your strategic planning and your business planning should be complementary, but effective strategy development requires you to shift your focus from the day-to-day concerns of your business and to consider your broader and longer-term

  options.

  Reference: https://www.infoentrepreneurs.org/en/guides/strategic-planning/

• Question 26:

  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
  C. Trailing period

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  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-AECB4021-59B2-4C88-AFEE-92FB04D92C21.pdf

• Question 27:

  Which three metadata artifacts can be exported to a flat file? (Choose three.)

  A. Exchange Rate Tables
  B. Dimensions
  C. Smart Lists
  D. Linked Reporting Objects
  E. Data Entry Forms
  A. Exchange Rate Tables
  B. Dimensions
  C. Smart Lists

  ---

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

• Question 28:

  After loading Workforce data from external systems, which statement describes actions you can take to make adjustments to loaded data and then calculate compensation expenses? Choose the best answer.

  A. In Workforce, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
  B. Change loaded salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.
  C. Change loaded benefit information in Workforce such as options for medical benefits and then launch the compensation data business rule to calculate the updated benefit data.
  D. In Workforce, if you change both the selected benefit option and the rate, when compensation expenses are calculated, the value will be based on the benefit option's default value.
  D. In Workforce, if you change both the selected benefit option and the rate, when compensation expenses are calculated, the value will be based on the benefit option's default value.

• Question 29:

  What would be the recommended module-based cube architecture for a company wanting to enable Financials and Capital, as well as create a Detailed Sales Forecasting cube with complex allocations and calculations, corresponding sales reporting cube, and consolidated reporting cube? (Choose the best answer.)

  A. 3 BSO cubes (1 required for the modules +2 custom BSO cubes), 2 ASO cubes
  B. 2 BSO cubes (1 required for the modules +1 custom BSO cubes), 2 ASO cubes
  C. 3 custom BSO cubes, 2 ASO cubes
  D. 3 BSO cubes (2 required for the modules +1 custom BSO cube), 2 ASO cubes
  D. 3 BSO cubes (2 required for the modules +1 custom BSO cube), 2 ASO cubes

• Question 30:

  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
  B. OWP_Salary Basis

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  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