oracle 1z0-1080-20 practice test

Oracle Planning 2020 Implementation Essentials


Question 1

What is the correct sequence of steps for enabling each Planning module? Choose the best answer.

  • A. Enable the module, refresh the database
  • B. Run pre-configuration tasks, enable the module, configure the module
  • C. Configure the module, refresh the database
  • D. Enable the module, configure the module, run post configuration tasks
Answer:

B

Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/GUID-71622AFD-C1F0-4D40-A36F-
85FA8AA305B6.pdf

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Question 2

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

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

B

Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/integration_scenarios_100xf03cdfeb.html

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Question 3

Which three statements are TRUE for Sandboxes? (Choose three.)

  • A. After you enable sandboxes for a cube, you can later disable that option.
  • B. You can enable sandboxes for all Planning cubes and Reporting cubes.
  • C. If you enable sandboxes for a cube, Version members have the Enable Sandboxes option.
  • D. You can enable sandboxes only in Planning cubes and for custom cubes created in module-based Planning, not for Reporting cubes.
  • E. After you enable sandboxes for a cube, you can’t later disable that option.
Answer:

C D E

Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/enabling_sandboxes.html

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Question 4

Which migration category is required to restore dimensional security? (Choose the best answer.)

  • A. Planning
  • B. Groups and Memberships
  • C. Reporting
  • D. Calculation Manager
Answer:

B

Explanation:
Reference: https://docs.oracle.com/cd/E57185_01/EASOH/ss_sec_mode.html

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Question 5

Which describes Strategic Modeling? Choose the best answer.

  • A. Used to evaluate financial scenarios and perform financial impact analysis.
  • B. Used to evaluate how assets and resources related to corporate initiatives are allocated
  • C. Used primarily for balance sheet planning
  • D. Used to develop plans and forecasts and generate core financial statements
Answer:

A

Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-
cloud/epbca/about_strategic_modeling_104x7f015aa0.html

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Question 6

Which two tasks can be scheduled as a job in Planning? (Choose two.)

  • A. Import or export data
  • B. Create snapshots
  • C. Promote a Planning Unit
  • D. Execute Data Maps
Answer:

A C

Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/job_types_100xc5512062.html

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Question 7

What three tasks can you perform in the Data Management Workbench? (Choose three.)

  • A. Export
  • B. Validate
  • C. Maintain Process Tables
  • D. Import
  • E. Delete Integration
Answer:

A B D

Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-
common/erpia/using_the_data_load_workbench.html

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Question 8

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

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

C D

Explanation:
Reference: https://docs.oracle.com/cd/E57185_01/HFWCG/about_the_user_point_of_view.htm#HFWCG-
designing_a_report_35

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Question 9

What three time period management tasks can you perform in Strategic Modeling? (Choose three.)

  • A. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
  • 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. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
  • E. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
Answer:

A C E

Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/GUID-AECB4021-59B2-4C88-AFEE-
92FB04D92C21.pdf (7-30, 731)

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Question 10

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

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

A C E

Explanation:
Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-
cloud/epbca/fin_configuring_financials__104xdb20950b.html

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