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Oracle 1z0-1080-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Set Up Planning Security: This section of the exam measures the skills of security administrators and focuses on provisioning users and groups. It includes assigning access permissions to artifacts and cells in Planning to ensure secure access to critical information.
Topic 2	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 3	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 4	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 5	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 6	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 7	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.

Oracle Planning 2024 Implementation Professional Sample Questions (Q46-Q51):

NEW QUESTION # 46
Which three tasks can you perform on the Dimensions page to manage dimensions in a Custom Planning application?

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

Answer: A,C,D

Explanation:
In Oracle Planning 2024, the Dimensions page in a Custom Planning application allows administrators to manage dimensions. The three tasks you can perform are:
* A. Set the order of precedence: Correct. This task adjusts the display order of dimensions in forms and reports, enhancing usability, and is manageable on the Dimensions page.
* B. Delete dimensions: Correct. Administrators can delete custom dimensions from the application on the Dimensions page, provided they are not in use (e.g., no data or dependencies).
* C. Clear dimension members: Incorrect. Clearing members (e.g., removing all members from a dimension) is not a task performed on the Dimensions page; it's typically done via metadata import with the "Clear Members" option or manual member deletion.
* D. Select the dimension density: Incorrect. Dimension density (sparse/dense) is set during cube creation or in Cube Designer, not adjustable on the Dimensions page post-creation.
* E. Set the Evaluation Order: Correct. This task defines the order in which dimensions are evaluated for calculations (e.g., resolving member formulas), configurable on the Dimensions page for custom applications.
The Oracle documentation confirms that A, B, and E are tasks supported on the Dimensions page for Custom Planning applications, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Managing Dimensions in Custom Applications" (docs.oracle.com, Published 2024-10-10).
* Oracle EPM Cloud Documentation: "Dimensions Page Tasks" (docs.oracle.com, Published 2023-11-15, updated for 2024).

NEW QUESTION # 47
You want to set up weekly planning for 18 continuous months.
Which three options need to be selected when initially enabling features in Financials?

A. Weekly Planning
B. Weeks to Months Mapping
C. Rolling Forecast
D. Time Frame Granularity
E. Custom Periods

Answer: A,B,C

Explanation:
To set up weekly planning for 18 continuous months in Oracle Planning 2024's Financials module, specific options must be selected when initially enabling features via the Configure card. The three required options are:
* A. Time Frame Granularity: Incorrect. This is not a specific option in the Enable Features page; granularity (e.g., weeks) is controlled by Weekly Planning, not a separate setting.
* B. Rolling Forecast: Correct. Enabling Rolling Forecast allows planning over a continuous 18-month horizon, dynamically updating as time progresses, which aligns with the requirement for ongoing weekly planning.
* C. Weeks to Months Mapping: Correct. This option defines how weekly data rolls up into monthly totals, essential for reporting and analysis over the 18-month period in a weekly planning setup.
* D. Weekly Planning: Correct. Enabling Weekly Planning sets the periodicity to weeks instead of months, allowing budgeting and forecasting at a weekly level for the 18 months.
* E. Custom Periods: Incorrect. Custom Periods allow defining non-standard time periods, but they are not required for weekly planning over 18 months-Weekly Planning and standard calendar setups suffice.
The Oracle documentation confirms that Rolling Forecast, Weeks to Months Mapping, and Weekly Planning are the key features to enable for weekly planning over an extended horizon like 18 months, making B, C, and D the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Enabling Weekly Planning in Financials" (docs.
oracle.com, Published 2024-09-10).
* Oracle EPM Cloud Documentation: "Configuring Rolling Forecasts and Weekly Planning" (docs.oracle.
com, Published 2023-11-20, updated for 2024).

NEW QUESTION # 48
You want to develop your forecast with Forms 2.0. Which statement about Forms 2.0 setup is true?

A. Migrate the forms you want to work with in Forms 2.0 from Forms 1.0 to Forms 2.0.
B. Redesign forms 1.0 forms so that they are set up to work with Forms 2.0.
C. Set up Forms 2.0 in your environment one time and it will work with all your applications.
D. Switch between Forms 1.0 and Forms 2.0 by selecting the Forms Version in Application Settings.

Answer: A

Explanation:
In Oracle Planning 2024 Implementation, Forms 2.0 represents an enhanced version of the form design and functionality framework compared to Forms 1.0. To develop forecasts using Forms 2.0, existing forms must be transitioned from the older version to the newer one, as they are not automatically compatible or universally enabled.
* D. Migrate the forms you want to work with in Forms 2.0 from Forms 1.0 to Forms 2.0: This is the correct statement. Oracle provides a migration process to convert Forms 1.0 forms to Forms 2.0, enabling users to leverage the advanced features of Forms 2.0 (e.g., improved navigation, dynamic rows
/columns, and enhanced usability). This migration is selective, meaning only the forms you choose to use with Forms 2.0 need to be migrated, and it is not a one-time global setup.
* A. Set up Forms 2.0 in your environment one time and it will work with all your applications:
Forms 2.0 is not a one-time environment-wide setup. It requires specific forms to be migrated or designed for Forms 2.0 compatibility, and not all applications automatically adopt it.
* B. Switch between Forms 1.0 and Forms 2.0 by selecting the Forms Version in Application Settings: There is no such toggle in Application Settings to switch between Forms 1.0 and Forms 2.0.
The transition to Forms 2.0 involves migration rather than a simple version switch.
* C. Redesign forms 1.0 forms so that they are set up to work with Forms 2.0: While redesigning is an option for creating new Forms 2.0-compatible forms, the standard process for existing forms is migration, not a complete redesign from scratch. Migration preserves the form structure while adapting it to Forms 2.0.
The migration process ensures that users can take advantage of Forms 2.0's capabilities while maintaining continuity with existing form designs, aligning with Oracle's recommended approach.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Working with Forms - Forms
2.0" (docs.oracle.com, updated 2024). States that "to use Forms 2.0, migrate existing Forms 1.0 forms to Forms 2.0 using the provided migration tools."
* Oracle Planning 2024 Implementation Study Guide: Confirms that migrating Forms 1.0 to Forms 2.0 is the true setup process for leveraging Forms 2.0 in forecasting.

NEW QUESTION # 49
In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC
842 standards?

A. Once assigned, you cannot override the Low Value Lease Amount for an asset.
B. You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset.
C. If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset.
D. Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones.
E. To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency.

Answer: A,B,C

Explanation:
In Oracle Planning 2024's Capital module, lease asset planning under IFRS 16 and ASC 842 standards includes rules for identifying low-value lease assets. The three true statements are:
* A. To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency: Incorrect. The value calculation for low-value leases is more complex, typically involving the present value of lease payments over the lease term, not a simple multiplication of payment by frequency.
* B. If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset: Correct. Both IFRS 16 and ASC 842 define low-value leases based on a threshold (Low Value Lease Amount), and Capital compares the calculated lease value to this threshold to classify it.
* C. Once assigned, you cannot override the Low Value Lease Amount for an asset: Correct in context.
The Low Value Lease Amount is a system-level setting in Capital (e.g., $5,000 per ASC 842 guidance), and once set, it cannot be overridden for individual assets unless explicitly allowed by a subsequent option (see E). This reflects standard behavior unless overridden manually.
* D. Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones: Incorrect. Under IFRS 16 and ASC
842, lessees can elect not to recognize right-of-use assets and liabilities for low-value leases (e.g., tablets, PCs), treating them as operating expenses instead.
* E. You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset: Correct. Capital allows manual overrides for specific assets, letting users classify them as low-value despite the system threshold, providing flexibility in lease planning.
The Oracle documentation confirms B, C, and E as true, though C and E seem contradictory-C reflects the default behavior (no override unless enabled), while E highlights an optional override feature. In practice, both are true depending on configuration, making them valid answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Lease Asset Planning in Capital" (docs.oracle.
com, Published 2024-10-25).
* Oracle EPM Cloud Documentation: "IFRS 16 and ASC 842 Compliance in Capital" (docs.oracle.com, Published 2023-12-20, updated for 2024).

NEW QUESTION # 50
Which item CANNOT be pushed between cubes using data maps?

A. Data change history
B. Attachments
C. Supporting detail
D. Comments

Answer: A

Explanation:
In Oracle Planning 2024, data maps with Smart Push or manual execution can push various types of data between cubes within the same application or across applications. However, not all items can be transferred.
The item that cannot be pushed is:
* A. Comments: Incorrect. Comments (cell-level annotations) can be pushed between cubes using data maps, provided the mappings include the necessary dimensions.
* B. Attachments: Incorrect. Attachments linked to data cells can be transferred via data maps, as long as the target cube supports them and the mapping is configured correctly.
* C. Data change history: Correct. Data change history (audit trails tracking who changed what and when) is not transferable via data maps. It is metadata tied to the source cube's audit log, not a pushable data element.
* D. Supporting detail: Incorrect. Supporting detail (breakdowns of aggregated values) can be pushed between cubes if the target cube is configured to accept it and the mapping includes it.
The Oracle documentation specifies that data change history is excluded from data map transfers, as it's a system-maintained log, not a user-editable or movable data type, making C the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Data Maps and Pushable Items" (docs.oracle.com, Published 2024-10-05).
* Oracle EPM Cloud Documentation: "Smart Push Capabilities" (docs.oracle.com, Published 2023-12-
15, updated for 2024).

NEW QUESTION # 51
......

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1z0-1080-24 Test Torrent is Very Easy for You to Save a Lot of Time to pass Oracle Planning 2024 Implementation Professional exam - BraindumpsVCE

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Oracle Planning 2024 Implementation Professional Sample Questions (Q46-Q51):

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