Pass 1Z0-1080-21 Brain Dump Updated Certification Sample Questions [Q28-Q48]

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Pass 1Z0-1080-21 Brain Dump Updated Certification Sample Questions

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NEW QUESTION 28
Which time period allows you to collect the most recent number of time periods and measure business performance over a specific time duration? (Choose thebest answer.)

  • A. Base Period
  • B. Sub Period
  • C. Trailing period
  • D. Periods-to-Date
  • E. Deal Period

Answer: C

Explanation:
Explanation
Trailing periods are time periods that collect the most recent number of time periods. You can set up trailing periods to occur ineither a historical or a forecast period. With trailing time periods, you can measure business performance over a specific time duration.

 

NEW QUESTION 29
What three actions can you perform on the data displayed in the Data Integration Workbench? (Choose three.)

  • A. Re-register or modify the data source system
  • B. Drill-through to source from specified data cells
  • C. Open loaded data in Microsoft Excel
  • D. Apply a filter using Equal anda specific value
  • E. Apply a filter using Contains and a specific value

Answer: B,D,E

 

NEW QUESTION 30
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. Normal
  • B. Lognormal
  • C. BetaPERT
  • D. Triangular
  • E. Uniform
  • F. A

Answer: F

 

NEW QUESTION 31
Which REST API method would be used to execute a job in Planning? (Choose the best answer.)

  • A. PUT
  • B. EXECUTE
  • C. POST
  • D. GET

Answer: B

 

NEW QUESTION 32
In 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.

  • A. Account
  • B. Component
  • C. Property
  • D. Pay Type

Answer: A

 

NEW QUESTION 33
What three time period management tasks can you perform inStrategic Modeling? (Choose three.)

  • A. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
  • B. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
  • C. Enable the input option for upper level time periods when you add time detail.
  • D. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
  • E. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.

Answer: C,D,E

 

NEW QUESTION 34
A company has enabled and configured Financials. Which are three recommended post configuration tasks?
(Choose three.)

  • A. Entering exchange rates
  • B. RunningFinancials rules to aggregate and calculate the data
  • C. Setting Up Planning and Forecast Preparation
  • D. Defining and managing the accounts and drivers
  • E. Modifying account signage for alternate reporting methods
  • F. Specifying days in period for driver-based Balance Sheet

Answer: A,C,F

 

NEW QUESTION 35
After enabling Financials,which three are recommended configuration tasks? (Choose three.)

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

Answer: B,D,E

 

NEW QUESTION 36
Several users continuously use custom-created formulas in Excel to supplement their Planning form inputs.
What is another design alternative to reduce offline Excel maintenance? Choose the best answer.

  • A. Cell commentary
  • B. Ad hoc forms
  • C. Smart push
  • D. Smart forms
  • E. Reports

Answer: D

 

NEW QUESTION 37
Revenue planned inProjects is rolled up into Financials for contract projects. How must you set up the modules to share the data? Choose the best answer.

  • A. In Projects, select an entity and map revenue accounts to Financials accounts for that entity.
  • B. Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.
  • C. To capture Project revenue, enable Standard Rates from Projects.
  • D. When enabling Financials, create a custom Project dimension to map the data to.

Answer: D

 

NEW QUESTION 38
In porting data from a BSO plan type to an ASO plan type, which method cannot be utilized? Choose the best answer.

  • A. Data Maps
  • B. XWRITE business rule
  • C. Smart Push
  • D. Export/Import Capabilities

Answer: B

 

NEW QUESTION 39
Which three describe what you can do with Valid Intersections? (Choose three.)

  • A. filter cell intersections to users when they enter data or select runtime prompts
  • B. prevent the user from executing any type of Calculation Manager rule that uses runtime prompts
  • C. restrict cellscontaining invalid data, setting them to a read-only state within forms.
  • D. specify that certain programs are valid only for some periods or departments.
  • E. allow all users to select from a non-filtered list of members on the form's point of view

Answer: A,D,E

 

NEW QUESTION 40
Which three accounts in Workforce leverage the Component dimension for driver and trend-based calculations? (Choose three.)

  • A. Balance Sheet
  • B. Cash Flow
  • C. Revenue
  • D. Expense

Answer: A,C,D

 

NEW QUESTION 41
Which two statements are true regarding the creation and management of business rules in module-based Planning? (Choose two.)

  • A. Custom business rules can be created for each module.
  • B. Modules cannot use regular business rules. Instead, they must be scripted using Groovy.
  • C. Custom business rules for modules can only be created using the graphical designer.
  • D. Pre-defined business rules for modules may be modified, but may be ignored after an application upgrade.

Answer: A,C

 

NEW QUESTION 42
Which two are displayed on the user point of view bar within a financial report? Choose two.

  • A. Dimensionsthat are tagged as type Time
  • B. Dimensions not defined in a row, column, or page
  • C. Dimensions that are tagged as type Account
  • D. Dimensions in a row, column, or page that are flagged for the current point of view

Answer: B,D

 

NEW QUESTION 43
To assignWorkforce resources to initiatives, which default custom dimension is required in the Map/Rename Dimensions section? (Choose the best answer.)

  • A. Program
  • B. Elective
  • C. Project
  • D. Measure

Answer: A

 

NEW QUESTION 44
If the HSP_VIEW dimension exists in the cube,what feature has been enabled? (Choose the best answer.)

  • A. Rolling Forecast
  • B. Multicurrency
  • C. Intercompany Eliminations
  • D. Sandboxes

Answer: D

Explanation:
Explanation
When a cube is enabled for sandboxes, the HSP_View dimension is created.

 

NEW QUESTION 45
Which statement describes infolets? Choose the best answer.

  • A. Infolets help you personalize focused data slices that you frequently use for analysis.
  • B. Infoletsare predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
  • C. Infolets help you organize, track, and prioritize your workload.
  • D. Infolets help you quickly analyze data and understand key business questionss by presenting a visual overview of high-level, aggregated information.

Answer: D

 

NEW QUESTION 46
In Projects, which three types of revenue and expense assumptionsdrive data calculations? (Choose three.)

  • A. Standard rates
  • B. Project rates
  • C. Program mappings
  • D. Working days and hours
  • E. Plan start year
  • F. Discount rates

Answer: B,C,D

 

NEW QUESTION 47
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, to Target Application and select your Planning application. Click Refresh Metadata.
  • B. In Data Management, navigate to Application Dimensions and click Refresh Dimensions.
  • C. In Data Management, navigate to Target Application and select your Planning application. Click Refresh Members.
  • D. In Data Management, navigate to Import Format and select your Planning application. Click Refresh Dimensions.

Answer: C

 

NEW QUESTION 48
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Oracle 1Z0-1080-21 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Set up Planning and Free Form Applications
  • Describe Planning features
Topic 2
  • Update Multiple Employee and Job Details
  • Enable and configure Financials
  • Create and run data integrations
Topic 3
  • (New) Back up and migrate data and metadata
  • Identify metadata and data load options
Topic 4
  • Manage Planning with EPM Automate
  • Enable and configure Projects
  • Set up assumptions and defaults
Topic 5
  • Assign access permissions to artifacts and cells in Planning
  • Import and export data into Planning
Topic 6
  • Back up and migrate data and metadata
  • Enable and configure Workforce
  • Introduction to Planning Modules

 

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