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At TrainingDump, we are aware that every applicant of the Oracle Planning 2024 Implementation Professional (1z0-1080-24) examination is different. We know that everyone has a distinct learning style, situations, and set of goals, therefore we offer Oracle 1z0-1080-24 updated exam preparation material in three easy-to-use formats to accommodate every exam applicant's needs. This article will go over the three formats of the Oracle Planning 2024 Implementation Professional (1z0-1080-24) practice material that we offer.
Oracle 1z0-1080-24 Exam Syllabus Topics:
Topic
Details
Topic 1
- Report on Planning Data: This section of the exam measures the skills of reporting analysts and covers creating reports on Planning data. It includes reporting on EPM data to provide insights into organizational performance.
Topic 2
- Manage Rules: This section of the exam measures the skills of business rule developers and focuses on designing business rules and rulesets. It explains the benefits of Groovy Rules in enhancing performance and flexibility within Planning applications.
Topic 3
- 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 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
- 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.
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 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.
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Oracle Planning 2024 Implementation Professional Sample Questions (Q46-Q51):
NEW QUESTION # 46
After enabling and configuring Financials, which of the following is a recommended post-configuration task?
- A. Disable features that you do not plan to use
- B. Specify the days in Period and to modify account signage for alternate reporting methods
- C. Map and rename custom dimensions in Financials that will be used to integrate with other modules
- D. Plan headcount and detailed employee compensation by employee, job code, or both
Answer: C
Explanation:
After enabling and configuring the Financials module in Oracle Planning 2024, post-configuration tasks are recommended to optimize its functionality and integration. The most relevant task among the options is:
* A. Plan headcount and detailed employee compensation by employee, job code, or both: Incorrect. This is a Workforce module task, not a post-configuration task for Financials, which focuses on revenue, expenses, and financial statements, not employee-level planning.
* B. Specify the days in Period and to modify account signage for alternate reporting methods: Incorrect.
While period setup occurs during initial configuration (e.g., Planning and Forecast Preparation), modifying account signage or days in periods is not a recommended post-configuration task-it's either part of initial setup or an ad-hoc adjustment.
* C. Map and rename custom dimensions in Financials that will be used to integrate with other modules:
Correct. Post-configuration, mapping and renaming custom dimensions (e.g., Department, Product) ensures seamless integration with other modules like Workforce or Projects. This task aligns dimensions across the application, a common best practice after enabling Financials.
* D. Disable features that you do not plan to use: Incorrect. Disabling features is not a typical post- configuration task; features are enabled/disabled during initial configuration via the Configure card, not as a follow-up step.
The Oracle documentation highlights mapping custom dimensions as a recommended post-configuration task to facilitate data integration and reporting, making C the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Post-Configuration Tasks for Financials" (docs.
oracle.com, Published 2024-09-20).
* Oracle EPM Cloud Documentation: "Configuring Financials and Integration" (docs.oracle.com, Published 2023-11-10, updated for 2024).
NEW QUESTION # 47
You want to design a report with Reports for Oracle Enterprise Performance Management Cloud. You have an error on the report indicated by a red bar above the report header.
Which two statements describe possible causes of report object errors in Report Designer?
- A. The size of the inserted graphic is too large.
- B. The report object overlaps with another report object.
- C. The report name is blank when you use a text function to display the name.
- D. The data source connection for the report is no longer valid.
Answer: B,D
Explanation:
When designing a report in Reports for Oracle Enterprise Performance Management Cloud and encountering an error (indicated by a red bar above the report header), the issue often stems from report object configuration. The two possible causes are:
* A. The report name is blank when you use a text function to display the name: Incorrect. A blank report name might cause display issues, but it's not a common cause of a report object error flagged by a red bar-errors typically relate to objects or data sources, not naming.
* B. The report object overlaps with another report object: Correct. Overlapping objects (e.g., grids, charts) can cause rendering or validation errors in Report Designer, triggering an error indicator like a red bar due to layout conflicts.
* C. The data source connection for the report is no longer valid: Correct. If the data source (e.g., a cube or grid definition) becomes invalid (e.g., deleted, renamed, or inaccessible), the report cannot retrieve data, resulting in an error marked by a red bar.
* D. The size of the inserted graphic is too large: Incorrect. While large graphics might affect performance or formatting, they do not typically cause a report object error flagged by a red bar-size issues are more likely to impact display than functionality.
The Oracle documentation identifies B (object overlap) and C (invalid data source) as frequent causes of errors in Report Designer, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Troubleshooting Reports in Report Designer" (docs.oracle.com, Published 2024-10-20).
* Oracle EPM Cloud Documentation: "Report Designer Error Handling" (docs.oracle.com, Published
2023-11-25, updated for 2024).
NEW QUESTION # 48
You want to analyze past data and predicted data to help you find patterns and insights into data that you might not have found on your own. To accomplish this, you configure Insights with Auto Predict.
Which two are Oracle EPM guidelines for implementing Insights and Auto Predict?
- A. For future data, create a new insight by leveraging templates that include insight definitions.
- B. For future data, first run predictions in a test environment to ensure there is no impact on production data.
- C. For historical data, there should be atleast twice the amount of historical data as the number of prediction periods.
- D. For historical data, create the Insights job using the lowest level of Period members possible so that the greatest amount of historical data can be used.
Answer: B,C
Explanation:
In Oracle Planning 2024, configuring Insights with Auto Predict allows users to analyze past and predicted data to uncover patterns and insights. Oracle provides specific guidelines to ensure effective implementation:
* A. For future data, create a new insight by leveraging templates that include insight definitions:
Incorrect. While templates can be used to set up Insights, this is not a specific Oracle guideline for implementing Auto Predict. Auto Predict relies on historical data and predictive algorithms, not predefined insight templates for future data.
* B. For historical data, there should be at least twice the amount of historical data as the number of prediction periods: Correct. Oracle recommends having sufficient historical data-specifically, at least twice the number of periods you intend to predict-to ensure the accuracy of Auto Predict's machine learning algorithms. For example, predicting 12 months requires at least 24 months of historical data.
* C. For historical data, create the Insights job using the lowest level of Period members possible so that the greatest amount of historical data can be used: Incorrect. While granularity matters, Oracle does not mandate using the lowest level of Period members (e.g., days instead of months) as a guideline. The focus is on the quantity of historical data, not necessarily the lowest level of aggregation.
* D. For future data, first run predictions in a test environment to ensure there is no impact on production data: Correct. Oracle advises testing Auto Predict in a non-production environment to validate results and avoid unintended impacts on live data, aligning with best practices for predictive analytics deployment.
The two guidelines-B and D-are explicitly outlined in Oracle's documentation for Insights and Auto Predict to ensure reliable predictions and safe implementation.
References:
* Oracle Planning 2024 Implementation Study Guide: "Configuring Insights and Auto Predict" (docs.
oracle.com, Published 2024-10-15).
NEW QUESTION # 49
Which two can be used to push data between cubes?
- A. Import Data
- B. Data Maps
- C. Data Integration
- D. Copy Data
Answer: B,D
Explanation:
In Oracle Planning 2024, pushing data between cubes (e.g., from one cube to another within the same application) can be accomplished using specific tools. The two methods that facilitate this are:
* A. Data Integration: Incorrect. Data Integration is used to import data from external sources (e.g., files, other systems) into Planning, not to push data between cubes within the same application.
* B. Data Maps: Correct. Data Maps allow you to define mappings and push data between cubes (or applications) using Smart Push or manual execution. This is a primary method for intra-application data movement.
* C. Copy Data: Correct. The Copy Data feature enables administrators to copy data from one cube to another within the same Planning application, specifying dimensions and members to transfer.
* D. Import Data: Incorrect. Import Data is designed to bring external data into a cube from a file, not to push data between existing cubes.
Both Data Maps (with Smart Push for real-time updates) and Copy Data (for batch-style transfers) are explicitly supported for moving data between cubes, as per Oracle's documentation, making B and C the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Moving Data Between Cubes" (docs.oracle.com, Published 2024-09-05).
* Oracle EPM Cloud Documentation: "Data Maps and Copy Data Features" (docs.oracle.com, Published
2023-12-25, updated for 2024).
NEW QUESTION # 50
You want to include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting. Which statement describes what you need to set up in Financials or Capital to share the data?
- A. In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials.
- B. In Capital, for Expense, enable Integration with Financials.
- C. In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets.
- D. In Financials, in the Asset Expenses Wizard, map each component to a Financials account.
Answer: B
Explanation:
To include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting within Oracle Planning 2024 Implementation, integration between the Capital and Financials modules is required. The correct setup involves enabling integration from the Capital module to share expense data with Financials.
* A. In Capital, for Expense, enable Integration with Financials: This option activates the integration feature in the Capital module under the Expense section, allowing asset-related expenses (e.g., depreciation, amortization, insurance) to be automatically pushed to Financials. Once enabled, Capital maps these expenses to the appropriate Financials accounts, ensuring seamless reporting. This is the standard method outlined in Oracle documentation for sharing Capital data with Financials.
* B. In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets: Adding a custom dimension in Financials is not the correct approach for integrating Capital expenses. Custom dimensions are for extending dimensionality, not for enabling data sharing between modules.
* C. In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials: While account mapping is part of the integration process, it is a subsequent step that occurs after enabling integration. The primary action is enabling the integration itself, not just mapping accounts.
* D. In Financials, in the Asset Expenses Wizard, map each component to a Financials account:
There is no "Asset Expenses Wizard" in Financials for this purpose. The integration is driven from Capital, not through a wizard in Financials.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Administering Capital - Integration with Financials" (docs.oracle.com, updated 2024). Specifies that "enabling Integration with Financials under Expenses in Capital" is required to share depreciation, amortization, and insurance expenses.
* Oracle Planning 2024 Implementation Study Guide: Notes that enabling integration from Capital's Expense section is the key step for including asset-related expenses in Financials reporting.
NEW QUESTION # 51
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