Oracle 1Z0-1080-22 Online Practice Questions and Exam Preparation

Oracle 1Z0-1080-22 Online Questions & Answers

• Question 21:

  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.
  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.

• Question 22:

  Which statement describes infolets? Choose the best answer.

  A. Infolets help you personalize focused data slices that you frequently use for analysis.
  B. Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.
  C. Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
  D. Infolets help you organize, track, and prioritize your workload.
  B. Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.

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  Explanation/Reference:

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusu/EPM-INFORMATION-DEVELOPMENT-TEAM-E94218-6693400D.pdf (page: 8-1)

• Question 23:

  Whenever you change dimensionality in a target cube, what action on the Data Maps page must you take to ensure that you see metadata changes immediately? (Choose the best answer.)

  A. Select the corresponding data map, and Refresh the Database.
  B. Select the corresponding data map, and execute the Synchronize Defaults Business.
  C. Select the corresponding data map, and Synchronize to refresh the data,
  D. Select the corresponding data map, and execute the Synchronize Components Business Rule.
  A. Select the corresponding data map, and Refresh the Database.

• Question 24:

  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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  Explanation/Reference:

  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 25:

  Which three are predefined Workforce business rules? (Choose three.)

  A. Transfer
  B. Plan Departure
  C. Promote Employee
  D. Change Job
  E. Remove Existing Employee
  A. Transfer
  C. Promote Employee
  D. Change Job

• 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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  Explanation/Reference:

  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 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
  A. Dimensions that are tagged as type Time
  D. Dimensions in a row, column, or page that are flagged for the current point of view

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  Explanation/Reference:

  A. Dimensions that are tagged as type Time are typically used to represent time periods, such as months or quarters, and are often displayed on the user point of view bar within a financial report.

  D. Dimensions in a row, column, or page that are flagged for the current point of view are also displayed on the user point of view bar within a financial report. These dimensions are used to filter the data displayed in the report based on the user's preferences.

• Question 28:

  What does a navigation flow allow you to do? Choose the best answer.

  A. Promote a plan to your supervisor
  B. Display report variances by geography
  C. Run multiple business rules in a predetermined sequence
  D. Customize the clusters and cards that a user can access
  D. Customize the clusters and cards that a user can access

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  Explanation/Reference:

  The Navigation Flow Designer enables you to customize the business process interface. For example, you can change the names of the cards and clusters that display. Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/understanding_navigation_flows_100xdb2e13be.html

• Question 29:

  In Financials, you want to see asset related expenses such as depreciation, amortization, and insurance. Which describes the steps you can take to set this up? (Choose the best answer.)

  A. Set up the Equipment Expense Reporting Capex data map to map asset related expenses to Financials.
  B. On the Configure page for Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.
  C. On the Configure page for Financials, when enabling features, include a custom dimension to store asset related information.
  D. On the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.
  B. On the Configure page for Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.

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  Explanation/Reference:

  Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/GUID-71622AFD-C1F0-4D40-A36F-85FA8AA305B6.pdf (8-6)

• Question 30:

  Which three Financials members within the Plan Element dimension allow for forecast and plan data entry? (Choose three.)

  A. OFS_Trend
  B. OFS_Form Entry
  C. OFS_% Increase/(Decrease)
  D. OFS_Input
  E. OFS_Direct Input
  A. OFS_Trend
  B. OFS_Form Entry
  C. OFS_% Increase/(Decrease)