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Oracle Planning 2025 Implementation Professional - 1z0-1080-25 Exam Practice Test

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Total 122 questions

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Question 1

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

A. If you have configured events, they are included by default for the IPM insights job you schedule. B. For an event that regularly repeats but doesn't occur at exactly the same time each year, you can specify an exact date. C. When you set up events, they are automatically included in prediction calculations. D. You can define an event but choose to not include data from that event in the prediction.

Discussion 0

Correct Answer: A,D Vote an answer

Question 2

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

A. Adding custom expense driver categories B. Adding custom dimensions C. Removing custom dimensions D. Setting up exchange rates (for multicurrency applications) E. Completing Planning and Forecast Preparation

Discussion 0

Correct Answer: B,D,E Vote an answer

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Question 3

Which statement describes Strategic Modeling?

A. It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities. B. It is used to strategically manage and analyze finances at any business level with built-in dashboards. C. It is used to model the flow of data by defining strategic rules for sharing data between modules. D. It is used to develop driver-based strategic plans and generate core financial statements.

Discussion 0

Correct Answer: A Vote an answer

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Question 4

Which two statements are true about approval units?

A. You can set the option in Application Settings to include detailed annotations for approval units. B. Approval units can also include secondary dimensions within any entity. 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.

Discussion 0

Correct Answer: B,C Vote an answer

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Question 5

You want to include Named Assets in Capital.
Which two tasks can you perform when enabling Named Assets?

A. Increase the number of named assets after enabling Named Assets. B. Decrease the number of named assets after enabling Named Assets. C. Add the names of assets to plan at the detail level. D. Specify the likely number of tangible and intangible assets that you want to add in a planning cycle.

Discussion 0

Correct Answer: A,C Vote an answer

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Question 6

Which three tasks can you perform on the Dimensions page to manage dimensions in a Custom Planning application?

A. Select the dimension density. B. Set the order of precedence. C. Clear dimension members. D. Delete dimensions. E. Set the Evaluation Order.

Discussion 0

Correct Answer: B,D,E Vote an answer

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Total 122 questions

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