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Oracle 1z0-1080-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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 3

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 4

Planning Overview: This section of the exam measures the skills of planning administrators and focuses on understanding the features of Planning applications. It includes setting up Planning and Freeform applications, managing dimensions, and explaining the impact of dimension hierarchies. It also covers configuring valid and invalid intersections and cell-level security.

Topic 5

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 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

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 8

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 (Q13-Q18):

NEW QUESTION # 13
In which three ways can you create data maps that copy data using Smart Push?

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

Answer: A,C,D

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 # 14
Which two features can help users create business rules?

A. Design sophisticated rules that solve use cases that normal business rules cannot solve by using Groovy business rules.
B. Rules are represented graphically in a flow chart into which you can drag and drop components to design the rule.
C. Add calculations in calculation script syntax by switching to Script Mode.
D. Add calculations by using preformed system templates, such as clearing data, copying data, aggregating data, and so on.

Answer: A,D

Explanation:
In Oracle Planning 2024 Implementation, business rules are essential for automating calculations, data manipulations, and complex logic within the application. The platform provides multiple features to assist users in creating these rules efficiently, as outlined in the Oracle documentation. The two features that directly help users create business rules are:
* A. Add calculations by using preformed system templates, such as clearing data, copying data, aggregating data, and so on: Oracle Planning offers predefined system templates that simplify rule creation. These templates enable users to quickly implement common operations like clearing data, copying data between dimensions, or aggregating data without writing complex code from scratch. This feature is particularly useful for users who may not have advanced scripting skills, as it provides a guided, template-driven approach to rule design.
* C. Design sophisticated rules that solve use cases that normal business rules cannot solve by using Groovy business rules: Groovy business rules extend the capabilities of standard business rules by allowing users to write custom logic using the Groovy scripting language. This feature is designed for advanced use cases, such as dynamic calculations based on runtime conditions or complex data manipulations that go beyond the scope of traditional rules. It empowers users to address specialized business requirements efficiently.
* B. Add calculations in calculation script syntax by switching to Script Mode: While Script Mode exists and allows users to write calculations using a script-based syntax (e.g., Essbase calc scripts), it is not highlighted as a primary "feature" for creating business rules in the Oracle Planning 2024 context. It is more of a mode of operation rather than a distinct feature assisting rule creation.
* D. Rules are represented graphically in a flow chart into which you can drag and drop components to design the rule: Although graphical rule design was a feature in older Hyperion Planning versions (e.g., Calculation Manager's graphical interface), Oracle Planning 2024 documentation does not emphasize a drag-and-drop flowchart interface as a current primary method for rule creation. Instead, it focuses on templates and Groovy scripting.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Working with Business Rules" (docs.oracle.com, updated 2024). This section details the use of "system templates for calculations" and
"Groovy business rules" as key features for rule creation.
* Oracle Planning 2024 Implementation Study Guide: Confirms that predefined templates (e.g., for clearing or aggregating data) and Groovy rules are core features to assist users in designing business rules.

NEW QUESTION # 15
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. On the Financials Integration Summary form, from the Actions menu, select the Rollup business rule.
B. In data maps, for Financial Statement Integration, define how the detailed Workforce accounts roll up into the Financials accounts.
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: B

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 # 16
Which three are configuration or post-configuration tasks for Financials?

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

Answer: C,D,E

Explanation:
In Oracle Planning 2024, configuring and post-configuring the Financials module involves tasks to establish its structure and functionality. The three valid configuration or post-configuration tasks are:
* A. Adding custom expense driver categories: Incorrect. While Financials supports driver-based planning (e.g., revenue drivers), adding custom expense driver categories is not a standard configuration task-it's more of a customization within forms or rules, not a core setup step.
* B. Adding custom dimensions: Correct. Adding custom dimensions (e.g., Region, Product) is a key configuration task in Financials to tailor the module to business needs, often done during or shortly after initial setup.
* C. Completing Planning and Forecast Preparation: Correct. This mandatory configuration task defines the planning periods, scenarios, and versions for Financials, setting the foundation for budgeting and forecasting.
* D. Setting up exchange rates (for multicurrency applications): Correct. For multicurrency-enabled Financials applications, configuring exchange rates is a critical task during or post-configuration to support currency conversion in financial planning.
* E. Removing custom dimensions: Incorrect. Removing dimensions is not a standard configuration or post-configuration task-it's a rare adjustment that could disrupt existing data and is not recommended as part of setup.
The Oracle documentation identifies B, C, and D as essential tasks during or after Financials configuration, ensuring the module meets planning and reporting requirements.
References:
* Oracle Planning 2024 Implementation Study Guide: "Financials Configuration Tasks" (docs.oracle.
com, Published 2024-10-15).
* Oracle EPM Cloud Documentation: "Setting Up Financials" (docs.oracle.com, Published 2023-12-15, updated for 2024).

NEW QUESTION # 17
Which Mass Update form in Workforce allows you to update employee properties, job properties, or salary- related information?

A. Process Data and Synchronize Defaults
B. Process Updated Data
C. Synchronize Defaults
D. Synchronize Definitions

Answer: D

Explanation:
In the Oracle Planning 2024 Workforce module, theSynchronize DefinitionsMass Update form is the tool provided to update employee properties, job properties, or salary-related information in bulk. This form allows administrators to modify and synchronize metadata definitions across multiple employees or jobs efficiently, ensuring consistency in workforce planning data.
* D. Synchronize Definitions: This form enables updates to employee properties (e.g., status, department), job properties (e.g., job code, title), and salary-related information (e.g., salary basis, grade). It is designed to handle mass updates to metadata and ensure that changes are reflected across the Workforce model.
* A. Synchronize Defaults: This option is related to applying default assumptions or settings to data, not specifically for updating employee, job, or salary properties.
* B. Process Updated Data: This form focuses on processing data changes (e.g., recalculating costs after data entry), not on updating properties or definitions.
* C. Process Data and Synchronize Defaults: This is a combined action that processes data and applies defaults, but it does not specifically target updates to employee properties, job properties, or salary information.
TheSynchronize Definitionsform stands out as the correct choice because it directly addresses bulk updates to workforce metadata, aligning with the question's focus on properties and salary-related information.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Managing Workforce - Mass Update Forms" (docs.oracle.com, updated 2024). Describes the "Synchronize Definitions" form as the tool for updating "employee properties, job properties, and salary-related information."
* Oracle Planning 2024 Implementation Study Guide: Confirms that "Synchronize Definitions" is the Mass Update form for modifying workforce metadata.

NEW QUESTION # 18
......

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