Aug-2022 Free Oracle 1z0-1080-22 Exam Question Practice Exams
Ace 1z0-1080-22 Certification with 72 Actual Questions
Oracle 1z0-1080-22 Exam Syllabus Topics:
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NEW QUESTION 37
If the HSP_VIEW dimension exists in the cube, what feature has been enabled? (Choose the best answer.)
- A. Intercompany Eliminations
- B. Multicurrency
- C. Rolling Forecast
- D. Sandboxes
Answer: D
Explanation:
When a cube is enabled for sandboxes, the HSP_View dimension is created.
NEW QUESTION 38
What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
- A. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
- B. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
- C. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
- D. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
- E. Enable the input option for upper level time periods when you add time detail.
Answer: A,C,E
NEW QUESTION 39
After enabling Financials, which three are recommended configuration tasks? (Choose three.)
- A. Adding custom dimensions
- B. Completing Planning and Forecast Preparation
- C. Setting up exchange rates (for multicurrency applications)
- D. Removing custom dimensions
- E. Adding custom expense driver categories
Answer: A,B,C
Explanation:
Reference:
fin_configuring_financials
104xdb20950b.html
NEW QUESTION 40
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 can perform calculations using existing rules, and plan using existing forms and dashboards.
- D. You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.
- E. You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
- F. You input or import your own accounts for each enabled feature.
Answer: B,C,E,F
NEW QUESTION 41
Which three are benefits of using EPM Enterprise Cloud Service over EPM Standard Cloud Service? (Choose three.)
- A. with Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files
- B. deploy more than one supported business process in the same instance
- C. enable preseeded configurable content including dimensions, models, forms, rules, dashboards, infolets, and reports for Strategic Modeling
- D. use of the Groovy scripting language to create or customize business rules
- E. Custom Planning, which allows a high degree of business process customization to support business requirements
Answer: A,D,E
NEW QUESTION 42
Which three describe the supported rolling forecast time periods in Financials? (Choose three.)
- A. 4, 12, 36 weeks
- B. 12, 18, 24, 30, 36, 48, or 60 months
- C. 4, 6, or 8 quarters
- D. 13, 26, or 52 weeks
- E. 1, 2, 4, 5 years
Answer: B,C,D
NEW QUESTION 43
What are four types of values that can be used in business rule run-time prompts? (Choose four.)
- A. Member or members
- B. Substitution Variables
- C. String
- D. Date as Number
- E. Integer
- F. Smart Lists
Answer: A,B,D,F
NEW QUESTION 44
In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
- A. When Paid
- B. After Completion
- C. Monthly, Quarterly, or Semiannually
- D. When Billed
Answer: A
NEW QUESTION 45
Which three describe what you can do with Valid Intersections? (Choose three.)
- A. restrict cells containing invalid data, setting them to a read-only state within forms.
- B. allow all users to select from a non-filtered list of members on the form's point of view
- C. specify that certain programs are valid only for some periods or departments.
- D. prevent the user from executing any type of Calculation Manager rule that uses runtime prompts
- E. filter cell intersections to users when they enter data or select runtime prompts
Answer: B,C,E
NEW QUESTION 46
Which three are predefined Workforce business rules? (Choose three.)
- A. Promote Employee
- B. Change Job
- C. Remove Existing Employee
- D. Plan Departure
- E. Transfer
Answer: A,B,E
NEW QUESTION 47
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. Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.
- B. When enabling Financials, create a custom Project dimension to map the data to.
- C. To capture Project revenue, enable Standard Rates from Projects.
- D. In Projects, select an entity and map revenue accounts to Financials accounts for that entity.
Answer: B
NEW QUESTION 48
Which three statements are TRUE for Sandboxes? (Choose three.)
- A. If you enable sandboxes for a cube, Version members have the Enable Sandboxes option.
- B. After you enable sandboxes for a cube, you can later disable that option.
- C. You can enable sandboxes for all Planning cubes and Reporting cubes.
- D. After you enable sandboxes for a cube, you can't later disable that option.
- E. You can enable sandboxes only in Planning cubes and for custom cubes created in module-based Planning, not for Reporting cubes.
Answer: A,D,E
NEW QUESTION 49
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. Uniform
- B. Triangular
- C. Lognormal
- D. BetaPERT
- E. Normal
Answer: E
NEW QUESTION 50
Which three artifacts can be imported from a flat file? (Choose three.)
- A. Dimensions
- B. Exchange Rate Tables
- C. Linked Reporting Objects
- D. Cell Text
- E. Smart Lists
Answer: A,B,E
NEW QUESTION 51
In Data Management, what are the steps you need to perform to synchronize the application metadata in the target application? (Choose the best answer.)
- A. In Data Management, navigate to Application Dimensions and click Refresh Dimensions.
- B. In Data Management, navigate to Target Application and select your Planning application. Click Refresh Members.
- C. In Data Management, navigate to Import Format and select your Planning application. Click Refresh Dimensions.
- D. In Data Management, to Target Application and select your Planning application. Click Refresh Metadata.
Answer: B
NEW QUESTION 52
Which two roles can be set for Strategic Modeling? Choose two.
- A. Forecaster
- B. Analyst
- C. Planner
- D. Modeler
Answer: B,D
NEW QUESTION 53
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