1z0-1080-25 Sample Questions Answers

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, and Account. 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.

In Oracle Planning 2024’s Machine Learning capabilities, particularly with the "Bring Your Own ML" feature, predictions can be defined based on the type of analysis required. To predict revenue using multiple input variables such as price, promotions, industry market size, and climate, the appropriate prediction type is:

A. Dimension Prediction: Incorrect. This type is not a standard term in Oracle’s ML framework for Planning; it suggests predicting across dimensions, which isn’t specific to multi-variable revenue prediction.

B. Source Prediction: Incorrect. This is not a defined prediction type in Oracle Planning’s ML documentation; it might imply source data analysis, but it’s not applicable here.

C. Forecast Prediction: Incorrect. While forecasting involves predicting future values, “Forecast Prediction” is not a specific ML type in Oracle, and it doesn’t emphasize the use of multiple variables.

D. Multivariate Prediction: Correct. Multivariate prediction involves using multiple input variables (e.g., price, promotions, market size, climate) to predict an outcome (e.g., revenue). Oracle’s ML integration supports importing PMML models that handle multivariate analysis, aligning with this scenario.

The Oracle documentation confirms that Multivariate Prediction is the type suited for complex predictions with several input variables, making D the correct answer.

To set up weekly planning for 18 continuous months in Oracle Planning 2024’s Financials module, specific options must be selected when initially enabling features via the Configure card. The three required options are:

A. Time Frame Granularity: Incorrect. This is not a specific option in the Enable Features page; granularity (e.g., weeks) is controlled by Weekly Planning, not a separate setting.

B. Rolling Forecast: Correct. Enabling Rolling Forecast allows planning over a continuous 18-month horizon, dynamically updating as time progresses, which aligns with the requirement for ongoing weekly planning.

C. Weeks to Months Mapping: Correct. This option defines how weekly data rolls up into monthly totals, essential for reporting and analysis over the 18-month period in a weekly planning setup.

D. Weekly Planning: Correct. Enabling Weekly Planning sets the periodicity to weeks instead of months, allowing budgeting and forecasting at a weekly level for the 18 months.

E. Custom Periods: Incorrect. Custom Periods allow defining non-standard time periods, but they are not required for weekly planning over 18 months—Weekly Planning and standard calendar setups suffice.

The Oracle documentation confirms that Rolling Forecast, Weeks to Months Mapping, and Weekly Planning are the key features to enable for weekly planning over an extended horizon like 18 months, making B, C, and D the correct answers.

To track the utilization of employees in the Projects module of Oracle Planning 2024, the Workforce module must be enabled first. Employee utilization in Projects refers to tracking how employees’ time and costs (e.g., hours worked, labor expenses) are allocated to specific projects. The Workforce module provides the foundational data—such as employee details, roles, salaries, and hours—required to calculate utilization metrics. Once Workforce is enabled and configured with employee data, the Projects module can leverage this data via integration to track utilization against project tasks and budgets.

A. Projects module before Financials module: Incorrect. Enabling Projects before Financials does not address employee utilization tracking, as Financials focuses on revenue and expense planning, not employee-specific data.

B. Financials module before Projects module: Incorrect. Financials provides financial planning capabilities but does not manage employee data or utilization, which is a Workforce function.

C. Workforce module before Projects module: Correct. Workforce must be enabled first to define employee data, which Projects then uses to track utilization through integration (e.g., via data maps or direct links).

D. Projects module before Workforce module: Incorrect. Enabling Projects first without Workforce would limit utilization tracking, as Projects relies on Workforce for employee-related data.

The Oracle documentation specifies that Workforce is a prerequisite for detailed employee utilization tracking in Projects, making C the correct sequence.

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.

In Oracle Planning 2024, the approval process uses an approval unit hierarchy where parent and child relationships influence the review workflow. The two ways these relationships affect the process are:

A. When the status of all children changes to one status (for example, Signed Off), the parent status changes to the same status: Correct. In a bottom-up approval process, when all child approval units reach a uniform status (e.g., Signed Off, Approved), the parent’s status automatically updates to match, reflecting the completion of the children’s review.

B. When you approve a parent, its children are Signed Off: Incorrect. Approving a parent does not automatically sign off its children; the workflow typically moves bottom-up, requiring children to be approved first.

C. After all children are promoted to the same owner, the parent status is changed to Signed Off: Incorrect. Promotion to an owner changes ownership, not necessarily status (e.g., Signed Off). Status changes are driven by approval actions, not just ownership.

D. After all children are promoted to the same owner, the parent is promoted to the owner: Correct. In the approval hierarchy, once all child units are promoted to a new owner (e.g., for review), the parent unit is also promoted to that owner, ensuring the hierarchy progresses together.

The Oracle documentation confirms that A (status aggregation) and D (owner promotion) are key behaviors of parent/child relationships in the approval process, making them the correct answers.

In Oracle Planning 2024, predefined roles in Cloud EPM determine user permissions. The requirement is for a role that allows a Planning user to create and administer Planning or Planning Modules and service components, as well as grant permissions to other users. Among the options:

A. System Administrator: Incorrect. This role exists in some Oracle systems but is not a Cloud EPM predefined role specific to Planning. It’s too broad and not aligned with EPM terminology.

B. Approvals Administrator: Incorrect. This role manages approval processes (e.g., workflows) but does not include creating/administering applications or granting permissions beyond approvals.

C. Identity Role Administrator: Incorrect. While this role manages identity and access (e.g., assigning roles), it does not allow creating or administering Planning applications or service components.

D. Service Administrator: Correct. The Service Administrator role in Cloud EPM allows users to create and manage Planning applications, configure modules and service components (e.g., forms, rules), and assign permissions to other users via access control.

The Service Administrator role is the highest-level predefined role in Oracle EPM Cloud for Planning, encompassing application management and user permission assignments, making it the correct choice.

In Oracle Planning 2024’s Capital module, enabling Named Assets allows planning for specific, individually tracked assets (e.g., equipment, buildings) rather than generic asset categories. The two tasks you can perform when enabling Named Assets are:

A. Add the names of assets to plan at the detail level: Correct. When enabling Named Assets, you can specify the names of individual assets (e.g., “Truck A,” “Building 1”) to plan their costs, depreciation, and other details at a granular level.

B. Specify the likely number of tangible and intangible assets that you want to add in a planning cycle: Incorrect. While you estimate a maximum number of Named Assets during enablement, you don’t specify them by tangible/intangible categories—the distinction is managed later in asset planning, not at enablement.

C. Decrease the number of named assets after enabling Named Assets: Incorrect. Once Named Assets is enabled with a maximum number, you cannot decrease this limit directly; it requires reconfiguration or disabling/re-enabling the feature, which is not a standard task.

D. Increase the number of named assets after enabling Named Assets: Correct. After enablement, you can increase the maximum number of Named Assets (e.g., from 100 to 150) via the Configure card, allowing more assets to be added as needed.

The Oracle documentation confirms that A (adding asset names) and D (increasing the count post-enablement) are supported tasks for Named Assets, making them the correct answers.

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.

As a Service Administrator in the context of Oracle Planning 2024 Implementation, application diagnostics is a critical tool used at design time to ensure that applications are free of design flaws before they are deployed into production. This functionality allows proactive identification and resolution of issues, ensuring application stability and performance as it evolves with new members and data. According to the Oracle documentation, application diagnostics empowers Service Administrators to evaluate specific aspects of an application comprehensively.

D. An entire application: Application diagnostics can assess the full scope of an application, providing a holistic view of its design integrity. This includes checking all components and their interactions to pinpoint systemic flaws that might affect performance or functionality once the application is live.

C. Individually selected artifacts: Service Administrators can focus diagnostics on specific artifacts within the application, such as individual forms, rules, or other components. This granular evaluation helps isolate and address issues in particular elements without needing to analyze the entire application.

E. Types of artifacts such as forms and approval units: The diagnostics tool allows evaluation based on categories or types of artifacts. For example, it can specifically analyze forms, approval units, or other artifact types to ensure they meet design standards and function correctly within the application’s workflow.

The options A. Error log files and B. Migration snapshots are not explicitly mentioned as evaluable components within the scope of application diagnostics at design time in the Oracle Planning 2024 Implementation documentation. Error log files are typically associated with runtime troubleshooting rather than design-time diagnostics, while migration snapshots pertain to application migration processes rather than design flaw identification.

References

Oracle Enterprise Performance Management Cloud Documentation: "About Application Diagnostics" (docs.oracle.com, published 2018-03-22, updated as of 2024). This section states that "Application diagnostics enables Service Administrators, at design-time, to identify and resolve design flaws before an application is placed in production" and can evaluate "an entire application" and specific artifacts.

Oracle Planning 2024 Implementation Study Guide: Application diagnostics section confirms the ability to assess "entire applications" and "individual or types of artifacts such as forms and approval units" to ensure design integrity.

These references align with the capabilities described for Service Administrators using application diagnostics in the Oracle Planning 2024 Implementation framework.

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.

In Oracle Planning 2024, approval units manage the review process. The two true statements are:

A. You can have up to three scenario/version combinations per approval unit: Incorrect. There’s no strict limit of three scenario/version combinations per approval unit; multiple combinations are possible based on hierarchy design.

B. Approval units are combinations of scenario, version, and entity or part of an entity: Correct. Approval units are defined by Scenario (e.g., Budget), Version (e.g., Working), and Entity (e.g., Department) or entity hierarchies, forming the basis of the approval process.

C. Approval units can also include secondary dimensions within any entity: Correct. Secondary dimensions (e.g., Product, Project) can be added to approval units within an entity to refine the scope of approval.

D. You can set the option in Application Settings to include detailed annotations for approval units: Incorrect. Annotations are cell-level notes, not an Application Settings option tied to approval units; they’re managed separately.

The Oracle documentation confirms B and C as accurate descriptions of approval units, making them the correct answers.