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Oracle 1z0-1080-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 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

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 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

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.

Oracle Planning 2024 Implementation Professional Sample Questions (Q34-Q39):

NEW QUESTION # 34
In which three ways can you create data maps that copy data using Smart Push?

A. From Planning to Financial Consolidation and Close
B. From Tax Reporting Cloud to Planning
C. From Financial Consolidation and Close to Planning
D. Between two Planning instances
E. From Planning to Tax Reporting Cloud

Answer: A,C,D

Explanation:
In Oracle Planning 2024, Smart Push is a feature within data maps that enables efficient, real-time data movement between Oracle EPM Cloud applications or instances. It copies data dynamically when triggered (e.
g., via forms or rules). The three supported ways to create data maps with Smart Push are:
* A. From Planning to Tax Reporting Cloud: Incorrect. Smart Push does not support direct data movement from Planning to Tax Reporting Cloud, as these modules lack a predefined integration path for this feature.
* B. From Tax Reporting Cloud to Planning: Incorrect. Similarly, Smart Push does not facilitate data movement from Tax Reporting Cloud to Planning.
* C. From Financial Consolidation and Close to Planning: Correct. Smart Push supports moving consolidated data (e.g., actuals) from Financial Consolidation and Close (FCC) to Planning for planning purposes.
* D. From Planning to Financial Consolidation and Close: Correct. Smart Push allows pushing planned data from Planning to FCC for consolidation or reporting.
* E. Between two Planning instances: Correct. Smart Push can move data between two Planning instances (e.g., test and production environments) to synchronize data.
These three options-C, D, and E-are explicitly supported by Smart Push in Oracle EPM Cloud, as per the documentation, enabling seamless data integration across these applications.
References:
* Oracle Planning 2024 Implementation Study Guide: "Using Smart Push in Data Maps" (docs.oracle.
com, Published 2024-09-30).
* Oracle EPM Cloud Documentation: "Data Integration with Smart Push" (docs.oracle.com, Published
2023-12-20, updated for 2024).

NEW QUESTION # 35
You want to budget for future headcount and related personnel expenses such as salary, benefits, and taxes.
Which module do you enable and configure to budget for these expenses?

A. Sales Planning
B. Workforce
C. Financials
D. Strategic Modeling

Answer: B

Explanation:
To budget for future headcount and related personnel expenses (e.g., salary, benefits, taxes) in Oracle Planning 2024, the Workforce module must be enabled and configured. This module is specifically designed for detailed employee planning, including:
* A. Financials: Incorrect. Financials focuses on revenue, expense, and financial statement planning at an aggregated level, not detailed headcount or personnel expenses like benefits and taxes.
* B. Strategic Modeling: Incorrect. Strategic Modeling is for high-level scenario analysis (e.g., mergers, long-term strategies), not granular headcount budgeting.
* C. Sales Planning: Incorrect. Sales Planning (if available as a custom module) targets sales forecasts and quotas, not employee-related expenses.
* D. Workforce: Correct. Workforce enables budgeting for headcount (e.g., hiring plans) and calculates associated costs-salaries, benefits (e.g., health insurance), and taxes (e.g., payroll taxes)-with predefined and customizable options.
The Oracle documentation confirms that Workforce is the module tailored for headcount and personnel expense budgeting, making D the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Overview of Workforce Module" (docs.oracle.
com, Published 2024-10-05).
* Oracle EPM Cloud Documentation: "Planning Personnel Expenses" (docs.oracle.com, Published 2023-
11-25, updated for 2024).

NEW QUESTION # 36
By default, which four dimensions are enabled for access permissions?

A. Version
B. Entity
C. Years
D. Scenario
E. Account
F. Period

Answer: A,B,D,E

Explanation:
In Oracle Planning 2024 Implementation, access permissions are configured to control user access to data and metadata at the dimension level. By default, four dimensions are enabled for access permissions to ensure granular security across the application:Scenario,Version,Entity, andAccount. These dimensions are foundational to planning applications and are preconfigured for security settings out of the box.
* A. Scenario: Defines different planning scenarios (e.g., Budget, Forecast), and access permissions determine which scenarios a user can view or edit.
* B. Version: Controls access to different versions of data (e.g., Working, Final), allowing segregation of draft and approved plans.
* C. Entity: Represents organizational units (e.g., departments, divisions), and permissions restrict access to specific entities based on user roles.
* D. Account: Governs access to financial accounts (e.g., Revenue, Expenses), ensuring users only interact with relevant account data.
* E. Period: While Period (e.g., months, quarters) is a critical dimension, it is not enabled for access permissions by default. Access to time periods is typically managed indirectly through other dimensions or data-level security.
* F. Years: Similarly, the Years dimension is not enabled for access permissions by default. It is often controlled through Scenario or Version settings rather than direct permissions.
The default enablement of Scenario, Version, Entity, and Account for access permissions reflects Oracle's design to provide robust security across planning contexts, organizational structures, and financial data.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Managing Security - Access Permissions" (docs.oracle.com, updated 2024). Lists "Scenario, Version, Entity, and Account" as the four dimensions enabled for access permissions by default.
* Oracle Planning 2024 Implementation Study Guide: Confirms that these four dimensions are preconfigured for security settings to control user access.

NEW QUESTION # 37
You want to Input data into Financials. For Financials, there is a predefined navigation flow with cards listed for both Revenue and Expenses. What is the sequence of the cards for Revenue and Expenses?

A. Overview, Driver and Trend Based, Rolling Forecast, Direct Entry, Income Statement
B. Overview,Assumptions, Allocations, Detailed Bottom-Up, Driver and/or Trend based. Direct Input
C. Assumptions, Allocations, Detailed Bottom Up, Strategic Top-Down, Direct Input, Overview, Summary
D. Assumptions, Direct Input, Driver and/or Trend Based, High Level Overview, Detailed Overview, Summary

Answer: A

Explanation:
In Oracle Planning 2024, Financials provides a predefined navigation flow for entering data, organized into cards that guide users through the planning process for Revenue and Expenses. The navigation flow is designed to streamline data input and analysis, starting with high-level views and moving into detailed entry methods. According to the Oracle documentation, the default sequence of cards for Revenue and Expenses in Financials is: Overview, followed by Driver and Trend Based, Rolling Forecast, Direct Entry, and concluding with Income Statement.
* Overview: Provides a high-level summary of financial data, setting the context for planning.
* Driver and Trend Based: Allows users to input data based on drivers (e.g., units sold) or trends (e.g., historical patterns), a key method for revenue and expense planning.
* Rolling Forecast: Enables continuous forecasting over a defined period, integrating with driver-based inputs.
* Direct Entry: Permits manual data input for specific accounts or line items, offering flexibility.
* Income Statement: Consolidates all inputs into a financial statement view for review.
Option A accurately reflects this sequence as outlined in the Oracle Planning 2024 predefined navigation flow for Financials. Option B includes irrelevant cards like "Allocations" and "Strategic Top-Down," which are not part of the default Financials Revenue and Expenses flow. Option C introduces "High Level Overview" and
"Detailed Overview," which are not standard card names in this context. Option D includes "Allocations" and
"Detailed Bottom-Up," which are more aligned with custom flows or other modules, not the default Financials sequence.
This sequence is part of the out-of-the-box Financials navigation flow, ensuring users follow a logical progression from overview to detailed input and final reporting.
References:
* Oracle Planning 2024 Implementation Study Guide: "Working with Navigation Flows in Financials" (docs.oracle.com, Published 2024-09-10).
* Oracle EPM Cloud Documentation: "Planning Revenue and Expenses in Financials" (docs.oracle.com, Published 2023-11-15, updated for 2024).

NEW QUESTION # 38
Which statement describes infolets?

A. Infolets help you organize, track, and prioritize your workload.
B. Infolets are predefined dashboards that give you insight into the overall project financials and expense and revenue metrics.
C. Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.
D. Infolets are a form type that provides flexible row management where dimension and member row cells and all data cells are unprotected.
E. Infolets give business process designers control over how various roles or groups interact with a business process.

Answer: C

Explanation:
In Oracle Planning 2024 Implementation, infolets are a feature designed to provide users with quick, visual insights into critical business data. They are not full dashboards, task management tools, or process control mechanisms, but rather compact, high-level representations of aggregated information.
* C. Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information: This statement accurately describes infolets.
They are visual tiles or widgets that display summarized data (e.g., KPIs, trends) to help users grasp key business insights at a glance. Infolets are typically found on the home page or navigation clusters and are customizable to highlight specific metrics relevant to the user's role or application.
* A. Infolets are predefined dashboards that give you insight into the overall project financials and expense and revenue metrics: While infolets provide insights, they are not full "predefined dashboards." Dashboards are more comprehensive, whereas infolets offer concise, targeted views of data.
* B. Infolets help you organize, track, and prioritize your workload: This describes task management or navigation features (e.g., task lists), not infolets, which focus on data visualization rather than workload management.
* D. Infolets give business process designers control over how various roles or groups interact with a business process: Infolets are not about process design or role interaction; they are about displaying data, not controlling processes.
* E. Infolets are a form type that provides flexible row management where dimension and member row cells and all data cells are unprotected: Infolets are not a form type; they are separate from forms and focus on visualization, not data entry or row management.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Using Infolets" (docs.oracle.com, updated 2024). Describes infolets as "visual overviews of high-level, aggregated information to quickly analyze data and answer business questions."
* Oracle Planning 2024 Implementation Study Guide: Defines infolets as tools for presenting summarized data visually for quick analysis.

NEW QUESTION # 39
......

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