New 1z0-1080-25 Dumps For Preparing Oracle Enterprise Planning and Budgeting Cloud Service Certified Oracle Exam Well [Q38-Q59]

QUESTION 38
In Workforce, you want to set a date by which existing employees must be hired to be eligible to receive merit. You also want to specify the month in which merit should start.
Which option should you enable for this?

Workforce Assumptions

Merit Assumptions

Merit Rates

Merit Month

QUESTION 39
A Department Manager requires access to all accounts in their own department, but only a certain account in all other departments. With the usual metadata security, the Manager would have access to all accounts across all departments.

Member security

Artifact security

Cell-level security

Access control

QUESTION 40
You want to set up weekly planning for 18 continuous months.
Which three options need to be selected when initially enabling features in Financials?

Time Frame Granularity

Rolling Forecast

Weeks to Months Mapping

Weekly Planning

Custom Periods

QUESTION 41
Which three application types can you create and edit Groovy Rules?

FreeForm

Hybrid

Custom

Module (Enterprise)

Reports

QUESTION 42
You want to share detailed benefits data from Workforce with Financials. Which set of steps must you perform?

Enable and configure Financials and Workforce. When enabling Workforce, create a custom Benefits dimension to which to map the data. Then for the Financial Statement Integration data map, synchronize and push the data.

Enable and configure Financials and Workforce. Then in Workforce Benefits and Taxes, select a financial account to which to map the benefit. For Compensation Data, synchronize and run the data map.

Enable and configure Financials and Workforce. When enabling Financials, create a custom Benefits O dimension to which to map the data. On the Financials Integration Summary form, run Calculate Compensation to update the Workforce data.

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 and then push the data.

QUESTION 43
Which two operations can be performed on the Default navigation flow?

Deactivate

Copy

Rename

Delete

QUESTION 44
Which dimension must members be imported into to configure Additional Earnings in the Benefits and Taxes wizard?

Component

Account

Property

Pay Type

In Oracle Planning 2024 Implementation, the Benefits and Taxes Wizard is used to configure employee- related financial components, such as additional earnings, benefits, and taxes, within the Workforce module.
To configure Additional Earnings specifically, members must be imported into the Component dimension.
This dimension is designed to categorize and manage various types of earnings, benefits, and taxes that apply to employees.
The Component dimension acts as a foundational structure in the Workforce module, allowing administrators to define and import members (e.g., “Bonus,” “Overtime,” or other additional earnings types) that can then be associated with employees via the wizard. The wizard uses these members to calculate and allocate costs accurately across the workforce plan.
* B. Account: While the Account dimension is critical for financial reporting and calculations, it is not the dimension where Additional Earnings members are imported in the Benefits and Taxes Wizard.
Accounts are typically used to map earnings to financial statements, not to define the earnings types themselves.
* C. Property: The Property dimension is used for employee or job attributes (e.g., location, department), not for configuring earnings types in the wizard.
* D. Pay Type: Although Pay Type is related to salary and wage classifications, it is not the dimension used for importing Additional Earnings members in the Benefits and Taxes Wizard. Pay Type is more about categorizing base pay structures rather than additional earnings components.
References
* Oracle Enterprise Performance Management Cloud Documentation: “Administering Workforce – Benefits and Taxes Wizard” (docs.oracle.com, updated 2024). Specifies that “members for additional earnings must be imported into the Component dimension” for configuration in the wizard.
* Oracle Planning 2024 Implementation Study Guide: Highlights the Component dimension as the target for importing earnings-related members in Workforce configuration.

QUESTION 45
What feature can Service Administrators use to automatically complete all the actions required to create an exact copy of the current application in a target environment?
This includes the removal of the current application and data, if any, from the target environment.

Replicate Snapshot

Migration Export

Clone Snapshot

Migration Backup

In Oracle Planning 2024, Service Administrators can use the Clone Snapshot feature to create an exact copy of the current application in a target environment. This feature automates all actions required for cloning, including removing the existing application and data in the target environment (if any) and replacing it with a snapshot of the source environment. The process involves exporting a snapshot from the source, deleting the target environment’s current application and data, and then importing and applying the snapshot to recreate the application identically.
* A. Replicate Snapshot: This is incorrect because “Replicate Snapshot” is not a defined feature in Oracle Planning. Replication typically implies duplicating data without necessarily overwriting the target, which doesn’t align with the requirement of removing existing content.
* B. Migration Export: This is incorrect because Migration Export only exports application artifacts (e.g., metadata, data) to a file for manual transfer or backup, but it does not automate the removal of the target environment’s content or the import process.
* C. Clone Snapshot: This is correct. The Clone Snapshot feature, available under the Environment management tools, fully automates the cloning process, including deletion of the target environment’s application and data, followed by the recreation of the source application.
* D. Migration Backup: This is incorrect because Migration Backup creates a backup file for recovery purposes but does not involve cloning or overwriting a target environment.
The Oracle Planning 2024 documentation specifies that Clone Snapshot is designed for such end-to-end automation, making it the ideal choice for Service Administrators to replicate an application across environments efficiently.
References:
Oracle Planning 2024 Implementation Study Guide: “Managing Environments with Clone Snapshot” (docs.
oracle.com, Published 2024-09-15).
Oracle EPM Cloud Documentation: “Cloning Environments in Planning” (docs.oracle.com, Published 2023-
10-20, updated for 2024).

QUESTION 46
Which three are configuration or post-configuration tasks for Financials?

Adding custom expense driver categories

Adding custom dimensions

Completing Planning and Forecast Preparation

Setting up exchange rates (for multicurrency applications)

Removing custom dimensions

QUESTION 47
You want to associate events with a prediction. Which two statements about configuring insights with events are true?

For an event that regularly repeats but doesn’t occur at exactly the same time each year, you can specify an exact date.

You can define an event but choose to not include data from that event in the prediction.

If you have configured events, they are included by default for the IPM insights job you schedule.

When you set up events, they are automatically included in prediction calculations.

QUESTION 48
In Strategic Modeling, you set up the Change in Inventory due to Non-Cash Activity account and provide more detailed accounts below that account. The account number is v2040.35:010. The main account is 2040.
Which two statements about setting up accounts in Strategic Modeling are true?

When you create subaccounts for Balance Sheet accounts, subaccounts for related accounts are created automatically.

You can remove account 2040 if you no longer need it.

You can add siblings to main accounts to create additional accounts.

Subaccounts inherit attributes of main accounts in both historical and forecast periods.

QUESTION 49
You want to associate Insights with calendar events to associate with the insights so you can use the in IPM Insights, Auto Predict definitions, and Predictive Planning. Which two statements are true about incorporating events in IPM insights?

All events are taken into consideration during prediction regardless of active or inactive status.

Events are typically one-off or recurring events that historically led to spikes or declines in data.

When you use events, spikes or falls in data are automatically normalized and distributed over the analysis period.

Using events helps you plan ahead for the events and take advantage of opportunities by allowing you to see anticipated spikes and falls in the insight data for specific events.

After creating events, you cannot choose to skip the historical data spikes or falls, so that the data for the event is always included in the analysis.

QUESTION 50
You must assign a Planning user with a Cloud EPM predefined role that allows them to create and administer Planning or Planning Modules and service components. This role should also allow them to grant permissions to other users.
Which of the following predefined role must you assign this Planning user?

System Administrator

Approvals Administrator

Identity Role Administrator

Service Administrator

QUESTION 51
Which Mass Update form in Workforce allows you to update employee properties, job properties, or salary- related information?

Synchronize Defaults

Process Updated Data

Process Data and Synchronize Defaults

Synchronize Definitions

QUESTION 52
Which three are use cases for data maps?

To push data from a planning cube to a reporting cube

To create a replicated partition between cubes

To allow users to drill back to the data in a different cube

To integrate data between Planning modules

To integrate data between custom plan types and Planning modules

QUESTION 53
You want to develop your forecast with Forms 2.0. Which statement about Forms 2.0 setup is true?

Set up Forms 2.0 in your environment one time and it will work with all your applications.

Switch between Forms 1.0 and Forms 2.0 by selecting the Forms Version in Application Settings.

Redesign forms 1.0 forms so that they are set up to work with Forms 2.0.

Migrate the forms you want to work with in Forms 2.0 from Forms 1.0 to Forms 2.0.

In Oracle Planning 2024 Implementation, Forms 2.0 represents an enhanced version of the form design and functionality framework compared to Forms 1.0. To develop forecasts using Forms 2.0, existing forms must be transitioned from the older version to the newer one, as they are not automatically compatible or universally enabled.
* D. Migrate the forms you want to work with in Forms 2.0 from Forms 1.0 to Forms 2.0: This is the correct statement. Oracle provides a migration process to convert Forms 1.0 forms to Forms 2.0, enabling users to leverage the advanced features of Forms 2.0 (e.g., improved navigation, dynamic rows
/columns, and enhanced usability). This migration is selective, meaning only the forms you choose to use with Forms 2.0 need to be migrated, and it is not a one-time global setup.
* A. Set up Forms 2.0 in your environment one time and it will work with all your applications:
Forms 2.0 is not a one-time environment-wide setup. It requires specific forms to be migrated or designed for Forms 2.0 compatibility, and not all applications automatically adopt it.
* B. Switch between Forms 1.0 and Forms 2.0 by selecting the Forms Version in Application Settings: There is no such toggle in Application Settings to switch between Forms 1.0 and Forms 2.0.
The transition to Forms 2.0 involves migration rather than a simple version switch.
* C. Redesign forms 1.0 forms so that they are set up to work with Forms 2.0: While redesigning is an option for creating new Forms 2.0-compatible forms, the standard process for existing forms is migration, not a complete redesign from scratch. Migration preserves the form structure while adapting it to Forms 2.0.
The migration process ensures that users can take advantage of Forms 2.0’s capabilities while maintaining continuity with existing form designs, aligning with Oracle’s recommended approach.
References
* Oracle Enterprise Performance Management Cloud Documentation: “Working with Forms – Forms
2.0″ (docs.oracle.com, updated 2024). States that “to use Forms 2.0, migrate existing Forms 1.0 forms to Forms 2.0 using the provided migration tools.”
* Oracle Planning 2024 Implementation Study Guide: Confirms that migrating Forms 1.0 to Forms 2.0 is the true setup process for leveraging Forms 2.0 in forecasting.

QUESTION 54
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?

Overview, Driver and Trend Based, Rolling Forecast, Direct Entry, Income Statement

Assumptions, Allocations, Detailed Bottom Up, Strategic Top-Down, Direct Input, Overview, Summary

Assumptions, Direct Input, Driver and/or Trend Based, High Level Overview, Detailed Overview, Summary

Overview, Assumptions, Allocations, Detailed Bottom-Up, Driver and/or Trend based. Direct Input

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).

QUESTION 55
How do you add custom dimensions when you enable features?

By creating a new dimension in Application Overview

By adding a new dimension to the cube in Create and Manage Dimensions

By adding a new dimension with the Data Management

By renaming a dimension in Map/Rename Dimensions

QUESTION 56
Which statement is true about the Currency dimension for Modules and Custom application types?

It contains a list of currencies and exchange rate types.

It is not provided with any content and is set up as a custom dimension.

It contains a single member called Local and other members representing reporting currencies

It contains a section for input currencies and another for reporting currencies.

QUESTION 57
You want to analyze past data and predicted data to help you find patterns and insights into data that you might not have found on your own. To accomplish this, you configure Insights with Auto Predict.
Which two are Oracle EPM guidelines for implementing Insights and Auto Predict?

For future data, create a new insight by leveraging templates that include insight definitions.

For historical data, there should be at least twice the amount of historical data as the number of prediction periods.

For historical data, create the Insights job using the lowest level of Period members possible so that the greatest amount of historical data can be used.

For future data, first run predictions in a test environment to ensure there is no impact on production data.

In Oracle Planning 2024, configuring Insights with Auto Predict allows users to analyze past and predicted data to uncover patterns and insights. Oracle provides specific guidelines to ensure effective implementation:
* A. For future data, create a new insight by leveraging templates that include insight definitions:
Incorrect. While templates can be used to set up Insights, this is not a specific Oracle guideline for implementing Auto Predict. Auto Predict relies on historical data and predictive algorithms, not predefined insight templates for future data.
* B. For historical data, there should be at least twice the amount of historical data as the number of prediction periods: Correct. Oracle recommends having sufficient historical data-specifically, at least twice the number of periods you intend to predict-to ensure the accuracy of Auto Predict’s machine learning algorithms. For example, predicting 12 months requires at least 24 months of historical data.
* C. For historical data, create the Insights job using the lowest level of Period members possible so that the greatest amount of historical data can be used: Incorrect. While granularity matters, Oracle does not mandate using the lowest level of Period members (e.g., days instead of months) as a guideline. The focus is on the quantity of historical data, not necessarily the lowest level of aggregation.
* D. For future data, first run predictions in a test environment to ensure there is no impact on production data: Correct. Oracle advises testing Auto Predict in a non-production environment to validate results and avoid unintended impacts on live data, aligning with best practices for predictive analytics deployment.
The two guidelines-B and D-are explicitly outlined in Oracle’s documentation for Insights and Auto Predict to ensure reliable predictions and safe implementation.
References:
Oracle Planning 2024 Implementation Study Guide: “Configuring Insights and Auto Predict” (docs.oracle.
com, Published 2024-10-15).

QUESTION 58
In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC
842 standards?

To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency.

If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset.

Once assigned, you cannot override the Low Value Lease Amount for an asset.

Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones.

You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset.

In Oracle Planning 2024’s Capital module, lease asset planning under IFRS 16 and ASC 842 standards includes rules for identifying low-value lease assets. The three true statements are:
* A. To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency: Incorrect. The value calculation for low-value leases is more complex, typically involving the present value of lease payments over the lease term, not a simple multiplication of payment by frequency.
* B. If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset: Correct. Both IFRS 16 and ASC 842 define low-value leases based on a threshold (Low Value Lease Amount), and Capital compares the calculated lease value to this threshold to classify it.
* C. Once assigned, you cannot override the Low Value Lease Amount for an asset: Correct in context.
The Low Value Lease Amount is a system-level setting in Capital (e.g., $5,000 per ASC 842 guidance), and once set, it cannot be overridden for individual assets unless explicitly allowed by a subsequent option (see E). This reflects standard behavior unless overridden manually.
* D. Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones: Incorrect. Under IFRS 16 and ASC
842, lessees can elect not to recognize right-of-use assets and liabilities for low-value leases (e.g., tablets, PCs), treating them as operating expenses instead.
* E. You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset: Correct. Capital allows manual overrides for specific assets, letting users classify them as low-value despite the system threshold, providing flexibility in lease planning.
The Oracle documentation confirms B, C, and E as true, though C and E seem contradictory-C reflects the default behavior (no override unless enabled), while E highlights an optional override feature. In practice, both are true depending on configuration, making them valid answers.
References:
Oracle Planning 2024 Implementation Study Guide: “Lease Asset Planning in Capital” (docs.oracle.com, Published 2024-10-25).
Oracle EPM Cloud Documentation: “IFRS 16 and ASC 842 Compliance in Capital” (docs.oracle.com, Published 2023-12-20, updated for 2024).

QUESTION 59
Which four job types can be scheduled in Planning?

Promote Planning Unit

Data map

Import Data and Export Data

Create Snapshot

Refresh Database

Merge Data Slices