1z0-1080-25 by Oracle Valid Free Exam Practice Test

Question 1

Given these two use cases:
Create a starting point for subsequent versions and replicate your First Pass version to a Second Pass version and make changes to it.
Save your baseline version data for your records and future analysis.
Which Planning Service Administrator-only feature or component can you use to perform tasks for these use cases?

A. Version mapping B. Copy versions C. Version management D. Task manager

Correct Answer: B

Question 2

Which four Financials benefits enable you to plan effectively?

A. You can leverage driver-based planning when creating business plans and models that focus on key factors or criteria in your organization that impact and drive performance. B. The ability to enter trend-based assumptions enables you to plan and forecast based on trends. C. Predefined key performance indicators (KPIs) enable you to collect objective, quantifiable data or data that indicates progress toward a performance or strategy target. D. Financials lets you bring in your own chart of accounts while retaining the benefits of an integrated Financials framework. E. You can automatically generate what-if scenarios where each assumption is sampled randomly using simulations. F. Financials provides a unique forecast method to project account values in future (forecast) time periods for every account.

Correct Answer: A,B,D,F

Question 3

In module-based Planning, you can configure the time frame and granularity for plans, and the forecast for each module. You can have a different time frame and granularity for each module and year.
When configuring Financials, in which component would you configure the time frame and granularity for plans?

A. Seasonality Management B. Manage Time Periods C. Planning and Forecast Preparation D. Valid Intersections

Correct Answer: C

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Question 4

How do you add custom dimensions when you enable features?

A. By creating a new dimension in Application Overview B. By renaming a dimension in Map/Rename Dimensions C. By adding a new dimension with the Data Management D. By adding a new dimension to the cube in Create and Manage Dimensions

Correct Answer: B

Question 5

You want to Input data into Financials. For Financials, there is a predefined navigation flow with cards listed for both Revenue and Expenses. What is the sequence of the cards for Revenue and Expenses?

A. Assumptions, Allocations, Detailed Bottom Up, Strategic Top-Down, Direct Input, Overview, Summary B. Overview, Assumptions, Allocations, Detailed Bottom-Up, Driver and/or Trend based. Direct Input C. Assumptions, Direct Input, Driver and/or Trend Based, High Level Overview, Detailed Overview, Summary D. Overview, Driver and Trend Based, Rolling Forecast, Direct Entry, Income Statement

Correct Answer: D

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Question 6

Before users can start using Workforce, Workforce features need to be enabled. Based on your selections, dimensions, drivers, forms, and accounts are populated. In most cases, you can come back later and incrementally enable additional features. Which of the following is an exception when enabling Workforce?

A. If you want to consolidate Workforce reports, you must use a custom template and push data to Strategic Modeling. B. If you import asset details into Workforce, you must track the details of an asset the Asset Details dimension. C. If you want to map multiple Projects with Workforce, you must import Resource Classes in projects. D. If you want to use Employee Demographics, you must select it the first time you enable features.

Correct Answer: D

Oracle Planning 2025 Implementation Professional - 1z0-1080-25 Exam Practice Test