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Oracle 1z0-1080-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 2

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 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

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 5

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 6

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 7

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 8

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 9

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.

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Oracle Planning 2024 Implementation Professional Sample Questions (Q23-Q28):

NEW QUESTION # 23
In which three ways can you create data maps that copy data using Smart Push?

A. From Planning to Financial Consolidation and Close
B. From Planning to Tax Reporting Cloud
C. From Tax Reporting Cloud to Planning
D. Between two Planning instances
E. From Financial Consolidation and Close to Planning

Answer: A,D,E

Explanation:
In Oracle Planning 2024, Smart Push is a feature within data maps that enables efficient, real-time data movement between Oracle EPM Cloud applications or instances. It copies data dynamically when triggered (e.
g., via forms or rules). The three supported ways to create data maps with Smart Push are:
* A. From Planning to Tax Reporting Cloud: Incorrect. Smart Push does not support direct data movement from Planning to Tax Reporting Cloud, as these modules lack a predefined integration path for this feature.
* B. From Tax Reporting Cloud to Planning: Incorrect. Similarly, Smart Push does not facilitate data movement from Tax Reporting Cloud to Planning.
* C. From Financial Consolidation and Close to Planning: Correct. Smart Push supports moving consolidated data (e.g., actuals) from Financial Consolidation and Close (FCC) to Planning for planning purposes.
* D. From Planning to Financial Consolidation and Close: Correct. Smart Push allows pushing planned data from Planning to FCC for consolidation or reporting.
* E. Between two Planning instances: Correct. Smart Push can move data between two Planning instances (e.g., test and production environments) to synchronize data.
These three options-C, D, and E-are explicitly supported by Smart Push in Oracle EPM Cloud, as per the documentation, enabling seamless data integration across these applications.
References:
* Oracle Planning 2024 Implementation Study Guide: "Using Smart Push in Data Maps" (docs.oracle.
com, Published 2024-09-30).
* Oracle EPM Cloud Documentation: "Data Integration with Smart Push" (docs.oracle.com, Published
2023-12-20, updated for 2024).

NEW QUESTION # 24
Which three statements are true about importing metadata from a flat file into Planning?

A. 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.
B. You can rename or delete members of attribute dimensions during a metadata import.
C. 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.
D. You can import data forms, dashboards, and infolets by loading a local import file or an import file from the Inbox server.
E. You can use the import file functionality to import more metadata or to perform incremental updates from the source system.

Answer: A,C,E

Explanation:
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).

NEW QUESTION # 25
Your administrator wants to create a Planning application with EPM Enterprise Cloud.
Which three Planning application types can you select when creating an application with EPM Enterprise Cloud?

A. Free Form
B. Custom
C. Plan
D. Hybrid
E. Modules

Answer: A,B,E

Explanation:
When creating a Planning application with EPM Enterprise Cloud in Oracle Planning 2024, administrators can select from specific application types. The three available types are:
* A. Modules: Correct. The Modules type allows creating a preconfigured application with options like Financials, Workforce, or Capital, tailored to specific planning needs.
* B. Plan: Incorrect. "Plan" is not a distinct application type; it's a generic term for planning, not an option in the creation wizard.
* C. Free Form: Correct. Free Form provides a blank slate for custom cube design without predefined structures, offering maximum flexibility.
* D. Hybrid: Incorrect. "Hybrid" is not an application type in EPM Enterprise Cloud; it may refer to Essbase configurations, not Planning application creation.
* E. Custom: Correct. Custom allows building an application with user-defined dimensions and structures, distinct from Modules' prebuilt options.
The Oracle documentation lists Modules, Free Form, and Custom as the selectable types in EPM Enterprise Cloud, making A, C, and E the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Creating Planning Applications" (docs.oracle.
com, Published 2024-10-20).
* Oracle EPM Cloud Documentation: "Application Types in EPM Enterprise Cloud" (docs.oracle.com, Published 2023-11-25, updated for 2024).

NEW QUESTION # 26
Which three types of revenue and expense assumptions drive data calculations in Projects?

A. Discount rates
B. Project rates
C. Program mappings
D. Standard rates
E. Working days and hours
F. Plan start year

Answer: B,D,E

Explanation:
In Oracle Planning 2024's Projects module, revenue and expense calculations are driven by specific assumptions that influence project financials. The three types of assumptions that directly drive these calculations are Working days and hours, Standard rates, and Project rates:
* A. Working days and hours: This assumption defines the available time for project execution (e.g., days per week, hours per day), directly impacting labor costs and revenue projections based on resource utilization.
* C. Standard rates: These are predefined rates (e.g., hourly or daily rates for labor or equipment) applied across projects unless overridden, driving cost and revenue calculations consistently.
* E. Project rates: These are project-specific rates that override standard rates when defined, allowing for tailored revenue and expense calculations based on unique project requirements.
* B. Plan start year: This is incorrect because, while it sets the timeline for planning, it does not directly drive revenue or expense calculations-it's a temporal parameter, not an assumption affecting financial data.
* D. Program mappings: This is incorrect because program mappings relate to integrating data across programs, not driving revenue or expense calculations within Projects.
* F. Discount rates: This is incorrect because discount rates are used for net present value (NPV) or financial analysis, not as a direct driver of revenue and expense assumptions in Projects.
The Oracle Projects module documentation highlights that Working days and hours, Standard rates, and Project rates are foundational assumptions that calculate costs (e.g., labor expenses) and revenues (e.g., billable amounts), making them the correct choices.
References:
* Oracle Planning 2024 Implementation Study Guide: "Configuring Projects Assumptions" (docs.oracle.
com, Published 2024-10-10).
* Oracle EPM Cloud Documentation: "Revenue and Expense Planning in Projects" (docs.oracle.com, Published 2023-11-25, updated for 2024).

NEW QUESTION # 27
What feature can Service Administrators use to automatically complete all the actions required to create an exact copy of the current application in a target environment?
This includes the removal of the current application and data, if any, from the target environment.

A. Migration Backup
B. Migration Export
C. Replicate Snapshot
D. Clone Snapshot

Answer: D

Explanation:
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).

NEW QUESTION # 28
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