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Oracle 1z0-1080-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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 3

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 4

Set Up Planning Security: This section of the exam measures the skills of security administrators and focuses on provisioning users and groups. It includes assigning access permissions to artifacts and cells in Planning to ensure secure access to critical information.

Topic 5

Manage Forms, Dashboards, and Navigation Flows: This section of the exam measures the skills of dashboard designers and covers designing forms, dashboards, and validation rules. It also includes creating and managing navigation flows to streamline user experience within Planning applications.

Topic 6

Introduction to Strategic Modelling: This section of the exam measures the skills of strategic modelers and covers strategic modeling concepts. It includes setting up models, running simulations, and understanding their impact on decision-making processes.

Topic 7

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 8

Manage Metadata and Data: This section of the exam measures the skills of data integration specialists and covers metadata and data management in Planning. It includes identifying metadata and data load options, importing and exporting metadata and data, setting up and running data maps, creating data integrations, and mapping data across applications.

Topic 9

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.

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Oracle Planning 2024 Implementation Professional Sample Questions (Q21-Q26):

NEW QUESTION # 21
You want to select a probability distribution for your Strategic Modeling simulation. The minimum and maximum are fixed, and you know the most likely values.
Which probability distribution is useful with limited data in situations such as sales estimates, inventory numbers, and marketing costs in Strategic Modeling simulations?

A. Lognormal
B. Uniform
C. Triangular
D. Normal
E. Beta PERT

Answer: C

Explanation:
In Oracle Planning 2024's Strategic Modeling simulations, selecting a probability distribution for scenarios with fixed minimum and maximum values and a known most likely value (e.g., sales estimates, inventory, marketing costs) points to:
A: Beta PERT: Incorrect. Beta PERT uses min, max, and most likely values but requires more data to shape the curve accurately, making it less ideal with limited data.
B: Uniform: Incorrect. Uniform assumes equal probability between min and max, ignoring the most likely value, which doesn't fit this scenario.
C: Triangular: Correct. The Triangular distribution uses minimum, maximum, and most likely values, making it simple and effective for limited data situations like sales or costs.
D: Normal: Incorrect. Normal requires mean and standard deviation, not just min, max, and most likely, and assumes more data availability.
E: Lognormal: Incorrect. Lognormal is skewed and suited for data with a positive range, requiring more statistical input than provided here.
C: The Oracle documentation recommends the Triangular distribution for its simplicity and suitability with limited data, making C the correct answer.
References:
Oracle Planning 2024 Implementation Study Guide: "Probability Distributions in Strategic Modeling" (docs.oracle.com, Published 2024-10-25).
Oracle EPM Cloud Documentation: "Simulation Distributions" (docs.oracle.com, Published 2023-11-
30, updated for 2024).

NEW QUESTION # 22
Your administrator wants to create a Planning application with EPM Enterprise Cloud.
Which three Planning application types can you select when creating an application with EPM Enterprise Cloud?

A. Free Form
B. Modules
C. Hybrid
D. Plan
E. Custom

Answer: A,B,E

Explanation:
When creating a Planning application with EPM Enterprise Cloud in Oracle Planning 2024, administrators can select from specific application types. The three available types are:
* A. Modules: Correct. The Modules type allows creating a preconfigured application with options like Financials, Workforce, or Capital, tailored to specific planning needs.
* B. Plan: Incorrect. "Plan" is not a distinct application type; it's a generic term for planning, not an option in the creation wizard.
* C. Free Form: Correct. Free Form provides a blank slate for custom cube design without predefined structures, offering maximum flexibility.
* D. Hybrid: Incorrect. "Hybrid" is not an application type in EPM Enterprise Cloud; it may refer to Essbase configurations, not Planning application creation.
* E. Custom: Correct. Custom allows building an application with user-defined dimensions and structures, distinct from Modules' prebuilt options.
The Oracle documentation lists Modules, Free Form, and Custom as the selectable types in EPM Enterprise Cloud, making A, C, and E the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Creating Planning Applications" (docs.oracle.
com, Published 2024-10-20).
* Oracle EPM Cloud Documentation: "Application Types in EPM Enterprise Cloud" (docs.oracle.com, Published 2023-11-25, updated for 2024).

NEW QUESTION # 23
In which three ways can you create data maps that copy data using Smart Push?

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

Answer: C,D,E

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 # 24
You can override expense lines in Financials with the more detailed values that Workforce stores. What steps would you take to move the detailed values to Financials?

A. In data maps, for Financial Statement Integration, define how the detailed Workforce accounts roll up into the Financials accounts.
B. On the Financials Integration Summary form, from the Actions menu, select the Rollup business rule.
C. In data maps, for Compensation Data, synchronize and then push the data.
D. On the Financials Integration Summary form, calculate compensation data to update the underlying details for Workforce data.

Answer: A

Explanation:
In Oracle Planning 2024, integrating detailed Workforce data (such as salary, benefits, and taxes) into Financials involves leveraging out-of-the-box integration features like data maps and Smart Push. To override expense lines in Financials with more detailed values stored in Workforce, the correct approach is to define how Workforce accounts roll up into Financials accounts using the "Financial Statement Integration" data map. This process involves mapping specific Workforce accounts (e.g., payroll taxes, total salary) to corresponding Financials accounts and then synchronizing and pushing the data to update Financials with the detailed values.
Option A is the verified answer because it directly addresses the initial setup required to move detailed Workforce values into Financials by defining the rollup mappings in the Financial Statement Integration data map. After this mapping is configured, administrators can synchronize and push the data to reflect the detailed values in Financials reporting. Option B is incorrect because the Financials Integration Summary form is used to view rolled-up data, not to calculate compensation data for updating underlying Workforce details-this is a Workforce-specific task, not a data movement step. Option C is also incorrect, as there is no "Rollup business rule" explicitly mentioned in the Financials Integration Summary form's Actions menu for this purpose; instead, rollup occurs via data maps. Option D, while related to Compensation Data synchronization, is a narrower action that does not fully address the broader task of moving detailed Workforce values into Financials expense lines, which requires the Financial Statement Integration data map.
The Oracle Planning 2024 Implementation documentation highlights that Financials integrates with Workforce using predefined data maps, such as Financial Statement Integration, to roll up detailedemployee expenses into financial reporting, making Option A the most accurate and complete step for this scenario.
References:
* Oracle Planning 2024 Implementation Study Guide: "Integration Scenarios and Workflow" (docs.oracle.
com, Published 2024-08-19).
* Oracle EPM Cloud Documentation: "Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials" (updated for 2024 workflows).
* Oracle Planning Documentation: "Administering and Working with Strategic Workforce Planning" (docs.oracle.com, Published 2024-12-04).

NEW QUESTION # 25
Which two statements are true about approval units?

A. Approval units can also include secondary dimensions within any entity.
B. You can set the option in Application Settings to include detailed annotations for approval units.
C. Approval units are combinations of scenario, version, and entity or part of an entity.
D. You can have up to three scenario/version combinations per approval unit.

Answer: A,C

Explanation:
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.
References:
* Oracle Planning 2024 Implementation Study Guide: "Approval Units Overview" (docs.oracle.com, Published 2024-09-15).
* Oracle EPM Cloud Documentation: "Configuring Approval Units" (docs.oracle.com, Published 2023-
12-10, updated for 2024).

NEW QUESTION # 26
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