1z0-1080-24 Oracle Planning 2024 Implementation Professional Questions and Answers

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).

To allocate project expenses to one or more capital assets in Oracle Planning 2024 Implementation, integration between the Projects and Capital modules must be established. Two specific setup steps are required to enable this data sharing:

B. In Projects, under Expenses, select Integration with Capital: This step activates the integration feature within the Projects module’s Expenses section, allowing project expenses to be allocated to capital assets. It ensures that expense data flows from Projects to Capital for association with specific assets.

D. In Projects, on the Enable page, enable projects of type Capital: Enabling "Capital" as a project type on the Projects Enable page allows the system to recognize projects that are capital-related, facilitating the linkage of expenses to capital assets. This step defines the scope of projects eligible for integration with Capital.

A. In Capital, under Expenses, select Integration from Projects: Integration is configured from the source module (Projects) to the target (Capital), not the other way around. Capital receives data but does not initiate the integration.

C. In Capital, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Project: Adding a custom dimension in Capital is unnecessary for this integration. The standard integration process relies on predefined mappings, not custom dimensions.

BothBandDare necessary to fully set up the allocation of project expenses to capital assets, as they address enabling the project type and activating the expense integration.

References

Oracle Enterprise Performance Management Cloud Documentation: "Administering Projects – Integration with Capital" (docs.oracle.com, updated 2024). Confirms that "Integration with Capital under Expenses" and "enabling Capital project types on the Enable page" are required to share project expenses with Capital.

Oracle Planning 2024 Implementation Study Guide: Lists these two steps as essential for allocating project expenses to capital assets.

In Oracle Planning 2024, the Application cluster in the navigator includes cards for managing application settings and features. The card that allows you to enable modules (e.g., Workforce, Projects) is:

A. Settings: Incorrect. Settings is not a card in the Application cluster; it’s typically a broader system-level option, not specific to module enablement.

B. Configure: Correct. The Configure card in the Application cluster provides access to the Enable Features page, where administrators can turn on modules like Financials, Workforce, or Projects.

C. Tools: Incorrect. The Tools card offers utilities (e.g., diagnostics, job scheduling), not module enablement.

D. Enable Features: Incorrect. While "Enable Features" is the specific action/page, it is accessed via the Configure card, not a standalone card in the Application cluster.

E. Cube Editor: Incorrect. Cube Editor is for managing cube structures (e.g., dimensions), not enabling modules.

The Oracle documentation specifies that the Configure card is the entry point for enabling modules, making B the correct answer.

References:

Oracle Planning 2024 Implementation Study Guide: "Enabling Modules in Planning" (docs.oracle.com, Published 2024-08-30).

Oracle EPM Cloud Documentation: "Application Cluster Navigation" (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, 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).

In Oracle Planning 2024’s Workforce module, certain configuration tasks are mandatory to enable basic functionality, while others are optional depending on the organization’s needs. The task that is not mandatory is:

A. Employee Type: Incorrect. Defining Employee Type (e.g., full-time, part-time) is mandatory because it establishes the categories of employees to be planned, forming the foundation of workforce data.

B. Planning and Forecast Preparation: Incorrect. This task is mandatory as it sets up the planning periods, scenarios, and versions, which are essential for Workforce to function within the broader Planning application.

C. Benefits and Taxes: Correct. Configuring Benefits and Taxes is optional. While Workforce provides predefined options to calculate benefits (e.g., health insurance) and taxes (e.g., payroll taxes), organizations can choose not to configure these if they do not need detailed compensation planning beyond salaries.

D. Workforce Assumptions: Incorrect. Workforce Assumptions (e.g., hiring rates, salary increases) are mandatory to drive calculations and populate employee data over time.

The Oracle documentation specifies that while Benefits and Taxes enhance Workforce planning, they are not required for core functionality, making C the non-mandatory task.

References:

Oracle Planning 2024 Implementation Study Guide: "Configuring Workforce Module" (docs.oracle.com, Published 2024-10-01).

Oracle EPM Cloud Documentation: "Workforce Configuration Tasks" (docs.oracle.com, Published 2023-11-20, updated for 2024).

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, a Pipeline is a feature that allows administrators to define and automate a sequence of jobs (e.g., data imports, metadata updates, calculations) as a single, coordinated process.Pipelines streamline the management of metadata and data by executing multiple tasks in a specified order, ensuring dependencies are met, and providing a repeatable workflow for maintaining the Planning application.

A. Develop pipelines to guide you through the Planning process: Incorrect. Pipelines are not a planning guide; they are an automation tool for executing jobs, not a process framework.

B. Use pipelines as a visible, automated, and repeatable system of record for running an application: Incorrect. While pipelines are automated and repeatable, they are not a "system of record" for running the entire application—they focus on specific job sequences.

C. Use pipelines to coordinate the running of a series of jobs as a single process: Correct. This aligns with the Oracle definition of pipelines, which orchestrate multiple jobs (e.g., import data, refresh database) into one executable process.

D. Quickly drill into data slices that are important to you with pipelines: Incorrect. Pipelines are not designed for data analysis or drilling into data slices; they are for job automation.

The Oracle documentation emphasizes that pipelines are used to manage and execute a series of jobs efficiently, making C the true statement.

References:

Oracle Planning 2024 Implementation Study Guide: "Working with Pipelines" (docs.oracle.com, Published 2024-10-05).

Oracle EPM Cloud Documentation: "Automating Tasks with Pipelines" (docs.oracle.com, Published 2023-11-30, 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).

To track the utilization of employees in the Projects module of Oracle Planning 2024, the Workforce module must be enabled first. Employee utilization in Projects refers to tracking how employees’ time and costs (e.g., hours worked, labor expenses) are allocated to specific projects. The Workforce moduleprovides the foundational data—such as employee details, roles, salaries, and hours—required to calculate utilization metrics. Once Workforce is enabled and configured with employee data, the Projects module can leverage this data via integration to track utilization against project tasks and budgets.

A. Projects module before Financials module: Incorrect. Enabling Projects before Financials does not address employee utilization tracking, as Financials focuses on revenue and expense planning, not employee-specific data.

B. Financials module before Projects module: Incorrect. Financials provides financial planning capabilities but does not manage employee data or utilization, which is a Workforce function.

C. Workforce module before Projects module: Correct. Workforce must be enabled first to define employee data, which Projects then uses to track utilization through integration (e.g., via data maps or direct links).

D. Projects module before Workforce module: Incorrect. Enabling Projects first without Workforce would limit utilization tracking, as Projects relies on Workforce for employee-related data.

The Oracle documentation specifies that Workforce is a prerequisite for detailed employee utilization tracking in Projects, making C the correct sequence.

References:

Oracle Planning 2024 Implementation Study Guide: "Integrating Workforce with Projects" (docs.oracle.com, Published 2024-09-20).

Oracle EPM Cloud Documentation: "Tracking Utilization in Projects" (docs.oracle.com, Published 2023-12-15, updated for 2024).

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).