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Oracle 1z0-1080-20 Dumps Oracle Planning 2020 Implementation Essentials

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Oracle - 1z0-1080-20

Question #:1 A company has enabled Financials and now would like to make changes to the initial configuration. Which three changes can be made? (Choose three.)

A. Enabling Expense B. Enabling Income Statement C. Disabling already enabled features D. Adding custom dimensions E. Enabling Rolling Forecast F. Removing custom dimensions Answer: A B E

Question #:2 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 Answer: A B C

Question #:3 A company would like to configure Financials, Workforce, and Projects. They would like to plan and forecast the Project dimension in Financials, as well as track employee utilization in Projects.

Which two actions must they take to ensure that the Project dimension is shared and the data integrated correctly across all three modules? (Choose two.)

A. In Workforce, ensure that the granularity is at Employee or Employee and Job B. 1 of 4

Oracle - 1z0-1080-20 B. In Financials, rename one of the custom dimensions to “Project” and enable it C. In Projects, ensure that the Employee driver-based expense is enabled D. In Workforce, rename one of the custom dimensions to “Project” and enable it Answer: A D

Question #:4 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 Answer: A C D

Question #:5 What two form validation rules options are supported in Planning? (Choose two.)

A. When enabled, execute validations associated with the form for all users regardless of access rights when validating the Approval unit.

B. When enabled, all validations are run as the administrator and applied to the form members.

C. When enabled, the user variable for the approval dimension on the form will be replaced by the approval unit member before the validations are run.

D. When enabled, the system figures out which page combinations have potential data blocks and runs the validations regardless of those page combinations.

E. When enabled, the form will be validated multiple times by replacing the user variable from the approval unit dimension with every possible value.

Answer: C E

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Oracle - 1z0-1080-20

Question #:6 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 Answer: B C

Question #:7 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.

Answer: B C E F

Question #:8 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

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Oracle - 1z0-1080-20

D. Enable the module, configure the module, run post configuration tasks Answer: B

Question #:9 In Strategic Modeling Simulations, which probability distribution describes many phenomena such as returns on equity or assets, inflation rates, or currency fluctuations? (Choose the best answer.)

A. Normal B. Lognormal C. Triangular D. BetaPERT E. Uniform F. A Answer: F Question #:10 Revenue planned in Projects is rolled up into Financials for contract projects. How must you set up the modules to share the data? Choose the best answer.

A. To capture Project revenue, enable Standard Rates from Projects.

B. When enabling Financials, create a custom Project dimension to map the data to.

C. In Projects, select an entity and map revenue accounts to Financials accounts for that entity.

D. Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.

Answer: B

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