1z0-1080-24 Exam Dumps - Oracle Enterprise Planning and Budgeting Cloud Service Questions and Answers

In Oracle Planning 2024, Service Administrators can use the Clone Snapshot feature to create an exact copy of the current application in a target environment. This feature automates all actions required for cloning, including removing the existing application and data in the target environment (if any) and replacing it with a snapshot of the source environment. The process involves exporting a snapshot fromthe source, deleting the target environment’s current application and data, and then importing and applying the snapshot to recreate the application identically.

A. Replicate Snapshot: This is incorrect because "Replicate Snapshot" is not a defined feature in Oracle Planning. Replication typically implies duplicating data without necessarily overwriting the target, which doesn’t align with the requirement of removing existing content.

B. Migration Export: This is incorrect because Migration Export only exports application artifacts (e.g., metadata, data) to a file for manual transfer or backup, but it does not automate the removal of the target environment’s content or the import process.

C. Clone Snapshot: This is correct. The Clone Snapshot feature, available under the Environment management tools, fully automates the cloning process, including deletion of the target environment’s application and data, followed by the recreation of the source application.

D. Migration Backup: This is incorrect because Migration Backup creates a backup file for recovery purposes but does not involve cloning or overwriting a target environment.

The Oracle Planning 2024 documentation specifies that Clone Snapshot is designed for such end-to-end automation, making it the ideal choice for Service Administrators to replicate an application across environments efficiently.

References:

Oracle Planning 2024 Implementation Study Guide: "Managing Environments with Clone Snapshot" (docs.oracle.com, Published 2024-09-15).

Oracle EPM Cloud Documentation: "Cloning Environments in Planning" (docs.oracle.com, Published 2023-10-20, updated for 2024).

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.

In Oracle Planning 2024 Implementation, form validation rules ensure data integrity and usability by defining how forms are validated when loaded or saved. The platform supports multiple validation options tailored to performance, security, and user access, as outlined below:

A. Validate only for cells and pages to which a user has access: This option restricts validation to the data cells and form pages that the logged-in user has permission to view or edit, based on security settings. It enhances performance by limiting the validation scope and ensures users only interact with relevant data.

C. Validate for all page combinations and all existing or potential blocks: This comprehensive validation option checks all possible page combinations and data blocks (both existing and potential) within the form. It is useful for ensuring complete data consistency across the application, though it may impact performance due to its extensive scope.

E. Validate only for pages with existing blocks: This option limits validation to pages that already contain data blocks, ignoring potential blocks that could be created. It strikes a balance between performance and thoroughness, focusing validation efforts on existing data.

B. Validate rules as Service Administrator, regardless of logged-in user, when the form is loaded or saved: While Service Administrators have elevated privileges, this is not a distinct form validation rule option. Validation rules are applied based on form settings and user access, not specifically tied to the Service Administrator role overriding the logged-in user’s context.

D. Validate only for users with access to this form: This option overlaps withAbut is less precise. Validation is tied to cell-level and page-level access rather than a broad "users with access to this form" criterion, makingAthe more accurate choice per Oracle’s terminology.

References

Oracle Enterprise Performance Management Cloud Documentation: "Designing Forms – Validation Rules" (docs.oracle.com, updated 2024). Describes validation options including "cells and pages a user has access to," "all page combinations and blocks," and "pages with existing blocks."

Oracle Planning 2024 Implementation Study Guide: Lists the three supported validation options (A, C, E) under form design and validation settings, aligning with security and performance optimization features.

In Oracle Planning 2024, Financials provides a predefined navigation flow for entering data, organized into cards that guide users through the planning process for Revenue and Expenses. The navigation flow is designed to streamline data input and analysis, starting with high-level views and moving into detailed entry methods. According to the Oracle documentation, the default sequence of cards for Revenue and Expenses in Financials is: Overview, followed by Driver and Trend Based, Rolling Forecast, Direct Entry, and concluding with Income Statement.

Overview: Provides a high-level summary of financial data, setting the context for planning.

Driver and Trend Based: Allows users to input data based on drivers (e.g., units sold) or trends (e.g., historical patterns), a key method for revenue and expense planning.

Rolling Forecast: Enables continuous forecasting over a defined period, integrating with driver-based inputs.

Direct Entry: Permits manual data input for specific accounts or line items, offering flexibility.

Income Statement: Consolidates all inputs into a financial statement view for review.

Option A accurately reflects this sequence as outlined in the Oracle Planning 2024 predefined navigation flow for Financials. Option B includes irrelevant cards like "Allocations" and "Strategic Top-Down," which are not part of the default Financials Revenue and Expenses flow. Option C introduces "High Level Overview" and "Detailed Overview," which are not standard card names in this context. Option D includes "Allocations" and "Detailed Bottom-Up," which are more aligned with custom flows or other modules, not the default Financials sequence.

This sequence is part of the out-of-the-box Financials navigation flow, ensuring users follow a logical progression from overview to detailed input and final reporting.

References:

Oracle Planning 2024 Implementation Study Guide: "Working with Navigation Flows in Financials" (docs.oracle.com, Published 2024-09-10).

Oracle EPM Cloud Documentation: "Planning Revenue and Expenses in Financials" (docs.oracle.com, Published 2023-11-15, updated for 2024).

In Oracle Planning 2024, Navigation Flows can be customized to tailor the user interface and experience based on specific categories. The three customization categories supported are Role, Group, and Global:

A. Role: Navigation Flows can be customized for specific user roles (e.g., Planner, Administrator), allowing different layouts or access to cards based on job functions.

C. Group: Customization can be applied to user groups, enabling administrators to assign tailored navigation flows to predefined sets of users based on their team or department.

E. Global: Global customization applies to all users across the application, serving as the default navigation flow unless overridden by Role or Group settings.

B. User: This is incorrect because Oracle Planning does not support navigation flow customization at the individual user level—customizations are broader, targeting roles or groups.

D. Artifact: This is incorrect because "Artifact" refers to application components (e.g., forms, rules) managed in migration, not a category for navigation flow customization.

The Oracle documentation confirms that Role, Group, and Global are the three levels at which navigation flows can be customized, providing flexibility in how users interact with the Planning application.

References:

Oracle Planning 2024 Implementation Study Guide: "Customizing Navigation Flows" (docs.oracle.com, Published 2024-08-30).

Oracle EPM Cloud Documentation: "Navigation Flow Administration" (docs.oracle.com, Published 2023-12-05, updated for 2024).

In Oracle Planning 2024 Implementation, the Benefits and Taxes Wizard is used to configure employee-related financial components, such as additional earnings, benefits, and taxes, within the Workforce module. To configure Additional Earnings specifically, members must be imported into theComponentdimension. This dimension is designed to categorize and manage various types of earnings, benefits, and taxes that apply to employees.

TheComponentdimension acts as a foundational structure in the Workforce module, allowing administrators to define and import members (e.g., "Bonus," "Overtime," or other additional earnings types) that can then be associated with employees via the wizard. The wizard uses these members to calculate and allocate costs accurately across the workforce plan.

B. Account: While the Account dimension is critical for financial reporting and calculations, it is not the dimension where Additional Earnings members are imported in the Benefits and Taxes Wizard. Accounts are typically used to map earnings to financial statements, not to define the earnings types themselves.

C. Property: The Property dimension is used for employee or job attributes (e.g., location, department), not for configuring earnings types in the wizard.

D. Pay Type: Although Pay Type is related to salary and wage classifications, it is not the dimension used for importing Additional Earnings members in the Benefits and Taxes Wizard. Pay Type is more about categorizing base pay structures rather than additional earnings components.

References

Oracle Enterprise Performance Management Cloud Documentation: "Administering Workforce – Benefits and Taxes Wizard" (docs.oracle.com, updated 2024). Specifies that "members for additional earnings must be imported into the Component dimension" for configuration in the wizard.

Oracle Planning 2024 Implementation Study Guide: Highlights the Component dimension as the target for importing earnings-related members in Workforce configuration.

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).

In Oracle Planning 2024, importing metadata from a flat file into Planning involves specific rules and capabilities. The three true statements are:

A. You can rename or delete members of attribute dimensions during a metadata import: Incorrect. Metadata imports update dimension members (e.g., adding, updating properties), but renaming or deleting attribute dimension members is not directly supported via flat file import—it requires manual action or a separate process.

B. You can import data forms, dashboards, and infolets by loading a local import file or an import file from the Inbox server: Incorrect. Flat file imports are for metadata (e.g., dimensions, members), not artifacts like forms, dashboards, or infolets, which are managed via Migration or Application tools.

C. Your import file must contain a list of metadata records. Each metadata record contains a delimited list of property values that matches the order designated in the header record: Correct. The import file format requires a header defining properties (e.g., Name, Parent) and subsequent records with delimited values (e.g., CSV) matching that order, a standard requirement for metadata imports.

D. When selecting to clear members during import, any member not specified is deleted from the outline after importing the dimension unless it is an ancestor of a member that was specified, or is a base member of a shared member that was specified: Correct. When the "Clear Members" option is selected, unspecified members are removed, but ancestors of specified members and base members of shared members are retained to maintain hierarchy integrity.

E. You can use the import file functionality to import more metadata or to perform incremental updates from the source system: Correct. Metadata imports support both full loads and incremental updates, allowing administrators to add or modify members as needed from a source system.

The Oracle documentation verifies that C, D, and E accurately describe the metadata import process, making them the correct answers.

References:

Oracle Planning 2024 Implementation Study Guide: "Importing Metadata from Flat Files" (docs.oracle.com, Published 2024-10-05).

Oracle EPM Cloud Documentation: "Metadata Import Guidelines" (docs.oracle.com, Published 2023-11-25, updated for 2024).

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).

In Oracle Planning 2024’s Workforce module, Merit-Based Planning involves planning salary increases or adjustments based on employee performance (merit). To perform this, you need workforce data at a level of granularity that includes individual employee details. The two levels required are:

A. Merit: Incorrect. "Merit" is not a granularity level; it’s a planning concept or assumption applied to employee data, not a structural level of detail.

B. Employee and Job: Correct. This level combines employee-specific data (e.g., individual identity) with job-specific data (e.g., role, grade), enabling merit-based adjustments tailored to both the person and their position.

C. Job: Incorrect. Job-level granularity (e.g., aggregated data for a role) lacks individual employee details, which are necessary for merit-based planning.

D. Employee: Correct. Employee-level granularity provides the individual data (e.g., current salary, performance rating) needed to calculate merit increases for specific employees.

Merit-Based Planning requires at least Employee-level detail, and often Employee and Job for more precise planning (e.g., tying merit to job roles or grades). The Oracle documentation confirms these as the key granularity levels for this functionality, making B and D the correct answers.

References:

Oracle Planning 2024 Implementation Study Guide: "Merit-Based Planning in Workforce" (docs.oracle.com, Published 2024-10-10).

Oracle EPM Cloud Documentation: "Workforce Granularity Levels" (docs.oracle.com, Published 2023-11-15, updated for 2024).