Quiz
Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials
Questions in this quiz (125)
1When importing data into the Financials framework, which Plan Element dimension member should be selected to help keep track of the cube’s data sources?
- AOFS_Integration
- BOFS_Calculated
- COFS_Systems
- DOFS_Load
2When modifying Employee and Job dimensions, what step is required to synchronize Smart Lists in Data Maps?
- AExecute the Rollup WFP Business Rule
- BSynchronize Data Maps
- CExecute the Synchronize Components Business Rule
- DExecute the Synchronize Defaults Business Rule
3What is a navigation flow?
- AFunctionality that enables running multiple business rules in a predetermined sequence
- BThe application home page that users will see upon logging into the application
- CA type of report that shows variances by geography
- DA way to promote a plan to your supervisor
4What Enterprise Planning and Budgeting Cloud (EPBCS) card in the Application cluster was built to navigate administrators through maintenance activities?
- AData Maps
- BOverview
- CSettings
- DValid Intersections
- EConfigure
5Which step is NOT associated with the ‘data load work bench” in Data Management?
- ACheck
- BValidate
- CImport
- DReview
6Which is NOT available for assigning customized navigation flows?
- AGlobal
- BGroup
- CUser
- DRole
7In order to set up weekly planning for a continuous 18 months, which three options would need to be selected/configured when initially enabling the Financials framework? (Select all that apply)
- AWeeks to months mapping
- BWeekly Planning
- CRolling Forecast
- DPlan Element dimension
- ECustom Periods
8An organization adds a dimension to their Enterprise Planning and Budgeting Cloud (EPBCS) planning application. Assuming that Data Management is being utilized, which step would need to be executed?
- ANavigate to the Import Format screen in Data Management. Select the Import Format for the EPBCS application. Run the “Refresh Members and Metadata” action to update dimensions.
- BNavigate to the Target Application screen in Data Management, and select the EPBCS application. Run the “Refresh Members and Metadata” action to update dimensions.
- CNavigate to the Target Application screen in Data Management, and select the EPBCS application. Run the “Refresh Metadata” action to update dimensions.
- DNavigate to the Application Dimensions screen in Data Management. Refresh dimensions using the “Update Application” action.
9Which two delimiters are supported when creating a metadata import file? (Choose two.)
- APercent sign
- BForward slash
- CTab
- DComma
10Which two are valid commands in EPM Automate? (Choose two.)
- Aepm automate clear cube
- Bepm automate copy snapshot from instance “Artifact Snapshot” service Admin https://testcloud-pln.pbcs.us1.oraclecloud.com A12343
- Cepm automate download file dataexport.txt
- Depm automate run business rule Rollup US Sales Period=Q1 Entity=USA
11When a cube is enabled for sandboxes, what is the name of the dimension that is automatically added for the feature?
- ASandboxes
- BHSP_Rates
- CConsolidatedData
- DHSP_NoLink
- EHSP_View
12Which three modules would you recommend deploying in EPBCS (Enterprise Planning and Budgeting Cloud)? (Choose three.)
- ABalance Sheet Planning
- BStatistical Planning
- CCapital Expense Planning
- DWorkforce Planning
- EProject Planning
13Which two are use cases for Smart Push? (Choose two.)
- AAllow the application to determine when it is best to synchronize data
- BAllow users to update data in another cube on-demand
- CAllow users to update data in a reporting cube upon saving data in the planning web form
- DAllow users to schedule when to synchronize data between cubes
14When loading flat file data from external systems into the Enterprise Planning and Budgeting Cloud (EPBCS) business process frameworks, which three are recommended methods? (Choose three.)
- AFinancial Data Quality Management Enterprise Edition (FDMEE)
- BData Management
- CData Maps
- DXREF member formulas
- EImport Data option with framework templates
- FDATAEXPORT command in Calculation Manager business rules
15Which migration in Snapshot is required to restore dimensional security?
- AReporting
- BGroups and Memberships
- CCalculation Manager
- DPlanning
16Where would you navigate in Data Management to map source data to target scenarios?
- ACategory Mapping
- BTarget Application
- CImport Format
- DData Flow Mapping
17Which three metadata artifacts can be exported to a flat file? (Choose three.)
- AData Entry Forms
- BSupporting Detail
- CExchange Rate Tables
- DSmart Lists
- EDimensions
18After enabling the Financials framework, which three are recommended configuration tasks? (Choose three.)
- AAdding custom expense driver categories
- BCompleting Planning and Forecast Preparation
- CSetting up exchange rates (for multicurrency applications)
- DAdding custom dimensions
- ERemoving custom dimensions
19Which two dimensions are displayed on the user point of view bar within a Financial Report? (Choose two.)
- ADimension tagged as Time
- BDimension tagged as Account
- CDimensions in a row, column, or page that are flagged for the current point of view
- DDimensions are not currently defined in a row, column, or page
20Which three functions does the Enterprise Planning and Budgeting Cloud (EPBCS) data load templates allow?
- ALoad data directly into Data Management without the need for mappings
- BImport business process data into a specific framework cube
- CCustomize the data import process to your application’s unique requirements
- DUse the EPBCS Import Data feature
- EAllow for a single Excel template to load data to all frameworks without custom modifications
21Which financial framework member within the Plan Element dimension stores the aggregated value of all driver-derived calculations after adjustments have been applied?
- AOFS_Adjustment
- BOFS_Trend
- COFS_Calculated
- DOFS_Total
22When setting up a data map, which two options are available for handling unmapped dimensions? (Choose two.)
- ASelecting multiple unmapped dimension members of the source to map to a single unmapped dimension member on the target
- BSelecting a single unmapped dimension members of the source to map to a single unmapped dimension member on the target
- CSelecting a single unmapped dimension members of the source to map to multiple unmapped dimension member on the target
- DSelecting multiple unmapped dimension members of the source to map to multiple unmapped dimension member on the target
23Which three Financials framework members within the Plan Element dimension allow for forecast and plan data entry?
- AOFS_Direct Input
- BOFS_Input
- COFS_Form Entry
- DOFS_Trend
- EOFS_% Increase/(Decrease)
24Which business rule is unavailable to manipulate existing employee data?
- ARemove Existing Employee
- BChange Job
- CPlan Departure
- DTransfer
25Which three are Enterprise Planning and Budgeting Cloud (EPBCS) features that can be used to help streamline the amount of time a user spends in a web form? (Choose three.)
- AValid intersections
- BHide dimension name
- CAction menus
- DUser variables
- EWorkflow
26Which two options related to Planning and Budgeting Cloud (PBCS) security are true? (Choose two.)
- AUsers in the User role can create and edit Business Rules
- BUsers can write to members in a dimension that are calculated
- CAll users can install Smart View
- DUsers can have different access to Data Forms between the SUI and Smart View
27The company would like to enable Financials, Workforce, and Project frameworks. They would like to plan and forecast the Project dimension in the Financials framework, as well as track employee utilization in the projects framework. Which two actions must they take to ensure that the Project dimension is shared and the data integrated correctly across all three frameworks?
- AIn the Projects framework, ensure that the Employee driver-based expense is enabled.
- BIn the Workforce framework, rename one of the custom dimensions to “Project” and enable it
- CIn the Financials framework, rename one of the custom dimensions to “Project” and enable it
- DIn the Workforce framework, ensure that the granularity is at Employee or Employee and Job
28Which two statements are true regarding the creation and management of business rules within the business process frameworks? (Choose two.)
- AThe business process frameworks cannot use regular business rules – they must be scripted in Groovy
- BCustom business rules can be created for the business process frameworks
- CThe pre-built framework business rules cannot be modified directly and saved
- DCustom business rules for the business process frameworks can only be created using the graphical designer
29Which three are general methods for directly pushing data between cubes? (Choose three.)
- ACopy Data
- BSmart Push
- CData Management
- DImport Data
- EData Maps
30To staff resources onto initiatives, which custom dimension is required in the Map/Rename Dimensions section?
- APrograms
- BInitiatives
- CElectives
- DProjects
31Which two components can be installed on the administrator’s computer to support Planning and Budgeting Cloud (PBCS)? (Choose two.)
- AStrategic Modeling
- BCalculation Manager
- CEPM Automate
- DThe Simplified User Interface
32Which three security design principles can help reduce overall security maintenance and troubleshooting, while still balancing security control? (Choose three.)
- ACreating groups over assigning individual access permissions to users
- BConfiguring single sign-on (SSO)
- CAssigning a higher-level role than necessary, then scaling back access permissions
- DUsing inherited permissions
- EAssigning global read access to each cube, then fine-tuning none and write access within dimensional security
33Which LCM Category is required to restore Essbase data?
- ACalculation Manager
- BPlanning
- CData Management
- DGroups and Memberships
34To configure ‘Benefits & Taxes”, which dimension should new members be imported into?
- APay Type
- BComponent
- CAccount
- DProperty
35When loading Employee data into Workforce Business Process, which month should the data be loaded into?
- A&OEP_FcstMnth
- B&OEP_CurMnth
- C&OEP_StartMnth
- D&OEP_EndMnth
36Which statement is true when configuring the Projects option?
- AIf using the Projects option, then the Capital option and the Workforce option must be configured
- BIf using the Projects option, there is no dependency with the Capital option.
- CIf using the Projects option, then the Capital option must also be configured.
- DIf using the Projects option, then the Capital option must also be configured, only if capital projects are enabled.
37What client requirement aligns with using a custom BSO plan type alongside the Enterprise Planning and Budgeting Cloud (EPBCS) plan types?
- ADue to sparse dimensionality, Aggregation times are slow in EPBCS.
- BThe client has 10 dimensions in the EPBCS application and needs to report at each intersection.
- CThe client requires to plan by more dimensions than the framework allows.
- DThe client would like to plan revenue by Product.
- EThe Operations department requires a more granular level of detail than the Sales department.
38What are four types of values that can be used in business rule run-time prompts? (Choose four.)
- ASmart Lists
- BInteger
- CMember or members
- DDates by Numbers
- ENumbers
- FSubstitution Variables
- GString
- HText
39What step is NOT required to calculate Merit dollars for each Employee within the Workforce framework?
- AEnter or Load a Merit Override Rate.
- BEnter or Load a Merit Month by employee.
- CEnter or Load a Performance Metric by employee.
- DEnsure there is a Merit Rate for each Performance Metric and component definitions have been updated
- EExecute the calculate Compensation Business Rule
40Which year variable is NOT impacted by the Planning and Forecasting Preparation configuration step?
- A&OEP_CurYr
- B&OEP_YearRange
- C&OEP_YrlyFcstEnd
- D&OEP_FcstEndYr
41If a user is having trouble accessing a specific intersection of data on a form that opens without error, which three actions can an administrator take to help troubleshoot the problem? (Choose three.)
- ARun a system report on Access Control
- BConfirm the user’s/group’s dimension access rights
- CSet Dimension Administration auditing within System Reports
- DRun Application Diagnostics
42Which two options are true when implementing security in Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose two.)
- AUsers are restricted from applications by removing application/module security
- BEPBCS roles can be assigned to members in all dimensions
- CThe member that is set to read that has a parent with write access to all descendants will result in an access level of read
- DA user that is assigned read and write access to a member will result in write access
43A user is new to creating business rules. Which two business rule features can help new users save time with pre-built components? (Choose two.)
- ARule sets
- BEdit Script mode
- CBusiness rule templates
- DBusiness rule scripts
- EDesigner mode
44Which three are use cases for data maps? (Choose four.)
- ATo push data from a planning cube to a reporting cube
- BTo allow users to drill back to the data in a different cube
- CTo integrate data between custom plan types and planning modules
- DTo create a replicated partition between cubes
- ETo integrate data between the planning modules
45Which OEP_WFSC dimension is NOT configurable in Enterprise Planning and Budgeting Cloud (EPBCS)?
- AJob
- BProperty
- CUnion Code
- DComponent
46Which two statements are false? (Choose two.)
- ABusiness logic is often developed in Rules.
- BUsers connect to Data Management to update their budget and forecast.
- CDashboards are not available in PBCS
- DApprovals allows the business to approve changes and request updates to budget and forecast data.
47Which two operations can be performed on the default navigation flow? (Choose two.)
- AIt can be copied.
- BIt can be renamed
- CIt can be deleted.
- DIt can be deactivated.
48Which three can be automated with EPM Automate? (Choose three.)
- ASend an email to users
- BRun a Business Rule
- CImport a file into the EPBCS’s inbox
- DImport user security
- EMigrate a backup between test and production
49A company has enabled the Revenue/Gross Margin, Expense, Income Statement, and Balance Sheet options within the Financials framework and has run through the configuration steps. Which are three recommended post configuration tasks? (Choose three.)
- ADefining and managing the Accounts and Drivers
- BModifying account signage for alternate reporting methods
- CEntering exchange rates
- DPlanning and Forecast preparation
- ESpecifying days in period for driver-based Balance Sheet
- FRunning Financials rules to aggregate and calculate the data
50Is the sequence of steps for enabling each business process framework?
- AEnable the framework, refresh the database
- BEnable the framework, configure the framework, run post configuration tasks
- CConfigure the framework, refresh the database
- DRun pre configuration tasks, enable the framework, configure the framework
51Which Smart Push option would allow a user to push data to another cube after manually saving the form?
- AUse form context
- BRun after save
- CRun form rules on autosave
- DOverwrite selection
52What would be the recommended Enterprise Planning and Budgeting Cloud (EPBC) cube architecture for a company wanting to enable the Financials and Capital frameworks, as well as create a Detailed Sales Forecasting cube with complex allocations and calculations, corresponding sales reporting cube, and consolidated reporting cube?
- A2 BSO cubes (1 required for the frameworks + 1 custom BSO cube), 2 ASO cubes
- B3 custom BSO cubes, 2 ASO cubes
- C3 BSO cubes (1 required for the frameworks + 2 custom BSO cubes), 2 ASO cubes
- D3 BSO cubes (2 required cubes + 1 custom BSO cube), 2 ASO cubes
53Which two statements are true about EPM Automate functions? (Choose two.)
- ACopy snapshot must use an encrypted password file
- BDownloading a file with only a file name looks to the Inbox folder
- CDeletepov removes data from a reporting application
- DResetservice deletes and resets the PBCS instance
54Which three items would be an appropriate use case for “Data Management” in Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose three.)
- AAn organization requires the ability to provide “Drill-back” capabilities.
- BAn organization requires the ability to load data to their application via flat files.
- CAn organization requires the ability to build dimension hierarchies
- DAn organization requires the ability to process data from multiple chart of accounts
- EAn organization requires the ability to map data from multiple chart string segments to a single dimension
55Which three parameters might be included when executing a REST Request? (Choose three.)
- AURL
- BResponse Type
- CPayload
- DContent Type
- EPost Type
56Which three are traits of the Sandboxes feature?
- ASandboxes can be enabled at the application level only
- BSandboxes can be enabled for BSO and ASO cubes
- CPlanners can have multiple sandboxes
- DPlanners can immediately see the effect of their changes
- EWhen working in a sandbox, planners can add members
57Which two Essbase options can be changed in PBCS? (Choose two.)
- AThe default caches
- BThe default CalcTaskDims
- CAggregate missing values
- DTwo-Pass Calculation
58Which two client requirements align with using an ASO plan type alongside the Enterprise Planning and Budgeting Cloud (EPBCS) plan types? (Choose two.)
- ADue to sparse dimensionality, Aggregation times are slow in EPBCS.
- BThe client would like to plan revenue by Product and Services dimensions.
- CThe client would like to report the results of the allocation process by Entity.
- DThe client would like to store 10 years of actual history for reporting purposes but only requires prior year history for planning purposes
- EThe client has 10 dimensions in the EPBCS application and needs to report at each intersection.
59Which statement is true when executing a Lifecycle Management migration? Choose the best answer.
- ARestoring Essbase data from a snapshot will remove any data that doesn't exist in the backup.
- BImporting Dimensions will remove members that do not exist in the snapshot.
- CSelected slices of data can be imported into Essbase.
- DAll forms that do not exist in the snapshot will be deleted.
60When configuring expenses for driver and trend based calculations, which Action is NOT available for configuration?
- AAdd Predefined Member
- BAdd
- CAdd Item
- DAdd Expense Account
61Which data maps are used to move data from OEP_WFP to OEP_REP? (Choose three).
- AHeadcount Data for Reporting
- BCompensation Data for Reporting
- CFTE Data for Reporting
- DNon Compensation Data for Reporting
62Which two items are NOT provided as configurable in Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose two.)
- ACapital
- BPublic
- CFinancial Close
- DFinancials
- EStrategic Modeling
63Which item lists the available types of mapping in Data Management?
- AExplicit, Range, In, MultiDim, As
- BExplicit, Between, In, MultiDim, Like
- CExplicit, Range, In, Ignore, Like
- DExplicit, Range, In, MultiDim, Like
64When enabling a business process framework, custom dimensions can be added by taking which action?
- ARenaming a dimension in the Map/Rename Dimensions section during enablement
- BCreating a new dimension through the Application Overview area
- CAdding a new dimension by loading it in Data Management
- DAdding a new dimension to the cube through the Create and Manage Dimensions area
65Several users continuously use custom-created formulas in Excel to supplement their Planning form inputs. What is another design alternative to reduce offline Excel maintenance?
- AAd Hoc Forms
- BReports
- CSmart Forms
- DCell commentary
- ESmart Push
66Which two operations can be completed in calculation manager? (Choose two.)
- AView and kill requests
- BDelete a reporting application
- CRestructure a planning application
- DCreate planning applications
67Which two Jobs in Planning and Budgeting Cloud (PBCS) can be scheduled? (Choose two.)
- AExecuting Data Maps
- BImport Data
- CExecuting a Data Management process
- DRestarting the PBCS instance
68Which three accounts leverage the component Dimension for driver and trend based calculations? (Answers not verified, do research on your own)
- ACash Flow
- BRevenue
- CExpense
- DBalance Sheet
69Which two options can be content within a report? (Choose two.)
- ATask lists
- BData entry forms
- CImages
- DGrids
70When loading Salaries into Workforce, which Property should the values be loaded to?
- AOWP_Gross Earnings
- BOWP_Expense Amount
- COWP_Salary Basis
- DOWP_Value
71Which artifact cannot be imported via a flat file?
- ASupporting Detail
- BDimensions
- CSmart Lists
- DExchange Rate Tables
72What are two use cases for converting from Planning and Budgeting Cloud (PBCS) to Enterprise Planning and Budgeting Cloud (EPBCS)? (Choose two.)
- AThe ability to directly integrate with Enterprise Performance Reporting Cloud (EPRCS).
- BThe ability to leverage out of the box frameworks, like Financials and Projects.
- CThe ability to utilize a fully integrated application, with shared metadata and direct data flows between plan types.
- DThe ability to use Data Management.
- EThe ability to directly integrate with on-premise Hyperion Planning.
73Which two scenario configuration options are available within the Planning and Forecasting preparation area? (Choose two.)
- AConfigure the Long Range Planning scenario Annually
- BConfigure the Actual scenario for years 1 through 3 Monthly
- CConfigure the Forecast scenario for years 1 through 3 Monthly, and Years 6 thru 10 Annually
- DConfigure the Plan scenario for years 1 through 3 Bi-Weekly
- ESet the Current Month
74A company has enabled the Financials business process and now would like to make changes to the initial configuration. Which three changes can be made after the initial setup of the Financials framework? (Choose three.)
- ADisabling already enabled features
- BEnabling Rolling Forecast
- CEnabling Income Statement
- DEnabling Expense
- ERemoving custom dimensions
- FAdding custom dimensions
75Which two are NOT true with a Planning and Budgeting Cloud (PBCS) application? (Choose two.)
- AThree custom planning applications can be Initialized
- BFour custom reporting applications can be initialized
- CApprovals is not included
- DGroovy calculations are available
76A company wants to remove existing level zero data before allocating data back down to those same members. Which two graphical designer objects will help achieve this calculation process? (Choose two.)
- AMember Block
- BClear Data
- CAllocation
- DAmount-Unit-Rate
- ECopy Data
77If a user needs to be able to perform application administration, as well as assign user security in Enterprise Planning and Budgeting Cloud (EPBCS), which two global roles would need to be assigned to them? (Choose two.)
- AService Administrator
- BIdentity Domain Administrator
- CApprovals Administrator
- DSystem Administrator
78Which Substitution Variables are used in the ‘Process Loaded Data’ Business Rule?
- A&OEP_CurMnth, &OEP_CurYr, &OEP_YearRange
- B&OEP_FcstMnth, &OEP_FcstYr, &OEP_FcstEndYr
- C&OEP_PlanMnth, &OEP_PlanYr, &OEP_PlanRange
- D&OEP_LoadMnth, &OEP_LoadYr, &OEP_LoadRange
79When calculating a tiered type of tax, what should be the selected ‘Maximum Value Type’?
- AThreshold Amount
- BPercentage of Taxable Earnings
- CPercentage of Salary
- DFlat Amount
- EPercentage of Overall Earnings
80A company wants to enable Cash Flow within the Financials framework using a derived method based on Operating, Investing, and Financing activities. Which four options must be enabled to properly configure the Cash Flow Statement this way? (Choose four.)
- ABalance Sheet
- BCash Flow Statement
- CDirect Method
- DIndirect Method
- EIncome Statement
- FExpense
81What is the difference between Financials and Strategic Modeling? (Choose the best answer.)
- AThere is not a technical difference, both do essentially the same thing
- BOwnership Contributions and Consolidations are out of the box in Financials
- CStrategic Modeling is broader in focus and used for long range planning
- DFinancials is more summarized than Strategic Modeling
82Which two tasks can be scheduled as a job in Planning? (Choose two.)
- AImport or export data
- BCreate snapshots
- CPromote a Planning Unit
- DExecute Data Maps
83What does a navigation flow allow you to do? Choose the best answer.
- APromote a plan to your supervisor
- BDisplay report variances by geography
- CRun multiple business rules in a predetermined sequence
- DCustomize the clusters and cards that a user can access
84In order to be able to configure Additional Earnings in the Benefits and Taxes wizard, into which dimension do you have to import members? Choose the best answer.
- APay Type
- BProperty
- CComponent
- DAccount
85In 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.)
- ANormal
- BLognormal
- CTriangular
- DBetaPERT
- EUniform
86After loading Workforce data from external systems, which statement describes actions you can take to make adjustments to loaded data and then calculate compensation expenses? Choose the best answer.
- AIn Workforce, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
- BChange loaded salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.
- CChange loaded benefit information in Workforce such as options for medical benefits and then launch the compensation data business rule to calculate the updated benefit data.
- DIn Workforce, if you change both the selected benefit option and the rate, when compensation expenses are calculated, the value will be based on the benefit option's default value.
87Which three statements are TRUE for Sandboxes? (Choose three.)
- AAfter you enable sandboxes for a cube, you can later disable that option.
- BYou can enable sandboxes for all Planning cubes and Reporting cubes.
- CIf you enable sandboxes for a cube, Version members have the Enable Sandboxes option.
- DYou can enable sandboxes only in Planning cubes and for custom cubes created in module-based Planning, not for Reporting cubes.
- EAfter you enable sandboxes for a cube, you can't later disable that option.
88Which two are benefits of enabling Use Database Suppression in Smart Push? (Choose two.)
- AIt automatically merges comments, attachments, and supporting detail when mapping a cube for reporting.
- BIt helps eliminate the impact on query thresholds and improving wait times.
- CIt allows you to continue using the application while Smart Push runs in the background.
- DIt enables you to apply row suppression at the database level instead of the application level.
89Whenever you change dimensionality in a target cube, what action on the Data Maps page must you take to ensure that you see metadata changes immediately? (Choose the best answer.)
- ASelect the corresponding data map, and Refresh the Database.
- BSelect the corresponding data map, and execute the Synchronize Defaults Business.
- CSelect the corresponding data map, and Synchronize to refresh the data.
- DSelect the corresponding data map, and execute the Synchronize Components Business Rule.
90In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
- AMonthly, Quarterly, or Semiannually
- BAfter Completion
- CWhen Paid
- DWhen Billed
91In Financials, you want to see asset related expenses such as depreciation, amortization, and insurance.
Which describes the steps you can take to set this up? (Choose the best answer.)- ASet up the Equipment Expense Reporting Capex data map to map asset related expenses to Financials.
- BOn the Configure page for Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.
- COn the Configure page for Financials, when enabling features, include a custom dimension to store asset related information.
- DOn the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.
92Which card allows you to enable modules? (Choose the best answer.)
- AValid Intersections
- BData Maps
- COverview
- DSettings
- EConfigure
93Which two statements are true regarding the creation and management of business rules in module-based Planning? (Choose two.)
- APre-defined business rules for modules may be modified, but may be ignored after an application upgrade.
- BCustom business rules for modules can only be created using the graphical designer.
- CCustom business rules can be created for each module.
- DModules cannot use regular business rules. Instead, they must be scripted using Groovy.
94Which option is true when implementing access permissions in Planning? (Choose the best answer.)
- AUsers and groups are restricted from accessing applications by removing custom application and plan-type security
- BA member that is set to read that has a parent with write access to all descendants will result in an access level of read
- CPlanning roles can be assigned to members in all dimensions in all modules in the application
95Which three are benefits of using EPM Enterprise Cloud Service over EPM Standard Cloud Service? (Choose three.)
- AEnable pre-seeded configurable content including dimensions, models, forms, rules, dashboards, infolets, and reports for Strategic Modeling
- BWith Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files
- CCustom Planning, which allows a high degree of business process customization to support business requirements
- DUse of the Groovy scripting language to create or customize business rules
- EDeploy more than one supported business process in the same instance
96What three actions can you perform on the data displayed in the Data Integration Workbench? (Choose three.)
- ARe-register or modify the data source system
- BOpen loaded data in Microsoft Excel
- CApply a filter using Equal and a specific value
- DApply a filter using Contains and a specific value
- EDrill-through to source from specified data cells
97In porting data from a BSO plan type to an ASO plan type, which method cannot be utilized? Choose the best answer.
- ASmart Push
- BData Maps
- CXWRITE business rule
- DExport/Import Capabilities
98What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
- ACombine periods of years, halves, quarters, months, and weeks for historical forecast data.
- BConfigure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
- CEnable the input option for upper level time periods when you add time detail.
- DCreate period-to-date, trailing periods, deal periods, and sub periods to record transactions.
- ESelect and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
99What are the two primary use cases for an ASO reporting cube? (Choose two.)
- AYou want to create and execute Calculation Manager business rules
- BYou want to report on Smart Lists in Planning, which you can't do in Planning
- CYou want to report on new Planning data originating from any source, such as a data warehouse
- DYou want to create, maintain, and report on Attribute dimensions
100To assign Workforce resources to initiatives, which default custom dimension is required in the Map/Rename Dimensions section? (Choose the best answer.)
- AProject
- BProgram
- CElective
- DMeasure
101Which two roles can be set for Strategic Modeling? Choose two.
- AAnalyst
- BForecaster
- CPlanner
- DModeler
102What is the purpose of selecting the Project Benefits option when enabling Projects? (Choose the best answer.)
- ATo track the Workforce expense benefits calculated on each Contract project
- BTo plan detailed project revenue for Contract projects
- CTo help justify the need for projects and plan non-financial benefits
- DTo plan detailed project expenses for projects
103In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)
- ATo copy data from an aggregate storage database to a block storage database
- BTo copy data from a block storage database to an aggregate storage database
- CTo execute scripts that complete tasks using a scheduler
- DTo import and export metadata, data, artifacts and snapshots
- ETo promote financial plans to the next level in the approval hierarchy Copy data from one database to another; typically, from a block storage database to an aggregate storage database. You can create scripts that are capable of completing a wide array of tasks and automate their execution using a scheduler. Import and export metadata, data, artifact and application snapshots, templates, and Data Management mappings.
104In Data Management, what are the steps you need to perform to synchronize the application metadata in the target application? (Choose the best answer.)
- AIn Data Management, navigate to Application Dimensions and click Refresh Dimensions.
- BIn Data Management, navigate to Import Format and select your Planning application. Click Refresh Dimensions.
- CIn Data Management, navigate to Target Application and select your Planning application. Click Refresh Members.
- DIn Data Management, to Target Application and select your Planning application. Click Refresh Metadata.
105You want to move financial information from Projects to Financials for account level data. Which describes the action you can take to accomplish this? (Choose the best answer.)
- AIn data maps, push data for the predefined Financial Statement Integration.
- BRollup project data which pushes data to Financials based on account mappings.
- COn the Financials Integration Summary form, from the Actions menu, select PFP Detail to calculate project data.
- DIn Financials, run the Financials Integration business rule to update data from Projects.
106You want to share detailed benefits data from Workforce with Financials. Which statement describes the steps you must take? Choose the best answer.
- AEnable and configure Financials, and Workforce. When enabling Workforce, create a custom Benefits dimension to map the data to. Then for the Financial Statement Integration data map, synchronize and push the data.
- BEnable and configure Financials and Workforce. Then in the Workforce Benefits and Taxes wizard, select a financial account to map the benefit to. For Compensation Data, synchronize and run the data map.
- CEnable and configure Financials, and Workforce. When enabling Financials, create a custom Benefits dimension to map the data to. On the Financials Integration Summary form, run Calculate Compensation to update the Workforce data.
- DEnable and configure Financials, and Workforce. Then to capture Workforce expenses for employees, enable Standard Rates from Workforce. For the Compensation Data for Reporting data map, synchronize then push the data.
107How do you add custom dimensions when you enable features? (Choose the best answer.)
- ABy adding a new dimension with Data Management
- BBy adding a new dimension to the cube in Create and Manage Dimensions
- CBy renaming a dimension in Map/Rename Dimensions
- DBy creating a new dimension in Application Overview
108Which time period allows you to collect the most recent number of time periods and measure business performance over a specific time duration? (Choose the best answer.)
- ADeal Period
- BSub Period
- CTrailing Period
- DBase Period
- EPeriods-to-Date
109A company has enabled and configured Financials. Which are three recommended post configuration tasks? (Choose three.)
- AEntering exchange rates
- BDefining and managing the accounts and drivers
- CSpecifying days in period for driver-based Balance Sheet
- DRunning Financials rules to aggregate and calculate the data
- ESetting Up Planning and Forecast Preparation
- FModifying account signage for alternate reporting methods
110Which three are predefined Workforce business rules? (Choose three.)
- ATransfer
- BPlan Departure
- CPromote Employee
- DChange Job
- ERemove Existing Employee
111In Strategic Modeling Simulations, what are the three guidelines for selecting the appropriate probability distribution? (Choose three.)
- ASelect the distribution where the conditions of the distribution match those of the input.
- BRandomly generate a range of values for assumptions and enter best guess estimates one cell at a time.
- CEvaluate the input in question, and list the conditions surrounding this input.
- DReview the descriptions of the probability distributions.
- EUse the Monte Carlo method to best guess your probability distribution options based on a range of assumptions.
112In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)
- AProject rates
- BStandard rates
- CDiscount rates
- DProgram mappings
- EPlan start year
- FWorking days and hours
113Which statement describes infolets? Choose the best answer.
- AInfolets help you personalize focused data slices that you frequently use for analysis.
- BInfolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.
- CInfolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
- DInfolets help you organize, track, and prioritize your workload.
114Which two are supported funding methods in Strategic Modeling? (Choose two.)
- ATarget Capital Structure funding method
- BStandard funding method
- CProposed Projects funding method
- DEmployee-based funding method
115Which three describe the supported rolling forecast time periods in Financials? (Choose three.)
- A4, 6, or 8 quarters
- B4, 12, 36 weeks
- C1, 2, 4, 5 years
- D13, 26, or 52 weeks
- E12, 18, 24, 30, 36, 48, or 60 months
116Which describes Strategic Modeling? Choose the best answer.
- AUsed to evaluate financial scenarios and perform financial impact analysis.
- BUsed to evaluate how assets and resources related to corporate initiatives are allocated
- CUsed primarily for balance sheet planning
- DUsed to develop plans and forecasts and generate core financial statements
117What two form validation rules options are supported in Planning? (Choose two.)
- AWhen enabled, execute validations associated with the form for all users regardless of access rights when validating the Approval unit.
- BWhen enabled, all validations are run as the administrator and applied to the form members.
- CWhen enabled, the user variable for the approval dimension on the form will be replaced by the approval unit member before the validations are run.
- DWhen enabled, the system figures out which page combinations have potential data blocks and runs the validations regardless of those page combinations.
- EWhen enabled, the form will be validated multiple times by replacing the user variable from the approval unit dimension with every possible value.
118If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)
- APredefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.
- BYou enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
- CYou cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
- DYou do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.
- EYou can perform calculations using existing rules, and plan using existing forms and dashboards.
- FYou input or import your own accounts for each enabled feature.
119Revenue 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.
- ATo capture Project revenue, enable Standard Rates from Projects.
- BWhen enabling Financials, create a custom Project dimension to map the data to.
- CIn Projects, select an entity and map revenue accounts to Financials accounts for that entity.
- DSet up the Contract Revenue Reporting data map to map contract-related revenue to Financials.
120Which REST API method would be used to execute a job in Planning? (Choose the best answer.)
- APOST
- BEXECUTE
- CGET
- DPUT
121Which three do you need to enable in order to perform indirect cash flow statement planning? (Choose three.)
- AExpense
- BCash Flow Statement
- CIncome Statement
- DBalance Sheet
- ERevenue
122If the HSP_VIEW dimension exists in the cube, what feature has been enabled? (Choose the best answer.)
- ARolling Forecast
- BIntercompany Eliminations
- CMulticurrency
- DSandboxes
123After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)
- AIf an existing employee was omitted from the load file, you can add that existing employee in Workforce. Then assign properties and compensation options for that employee.
- BTo calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.
- CIf an existing employee was not loaded from the load file, you won't be able to add their compensation information before first adding them to the source system and reloading the file.
- DBecause you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.
- ETo override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.
124Which two clients or command line tools can you download from Planning? (Choose two.)
- AData Management
- BEPM Automate
- CStrategic Modeling Smart View add-on
- DCalculation Manager
125Which three describe what you can do with Valid Intersections? (Choose three.)
- ASpecify that certain programs are valid only for some periods or departments.
- BRestrict cells containing invalid data, setting them to a read-only state within forms.
- CFilter cell intersections to users when they enter data or select runtime prompts
- DPrevent the user from executing any type of Calculation Manager rule that uses runtime prompts
- EAllow all users to select from a non-filtered list of members on the form's point of view
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- Professional Development Quiz on Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials, created by DAVID SHIROMA on 24/02/2021.
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- DAVID SHIROMA
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