Updated Oracle 1Z0-1080-22 Dumps

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The following questions and answers are from the latest 1Z0-1080-22 free dumps. 

Question 1:

Which three security design principles can help reduce overall security maintenance and troubleshooting, while still balancing security control? (Choose three.)

A. Creating groups over assigning individual access permissions to users

B. Configuring single sign-on (SSO)

C. Assigning a higher level role than necessary, then scaling back access permissions

D. Using inherited permissions

E. Assigning global read access to each cube, then fine-tuning none and write access within dimensional security


Correct Answer: ACD

Question 2:


In Projects, which three types of revenue and expense assumptions drive data calculations? (Choose three.)

A. Project rates

B. Standard rates

C. Discount rates

D. Program mappings

E. Plan start year

F. Working days and hours


Correct Answer: ADF

Question 3:


In order to be able to configure Additional Earnings in the Benefits and Taxes wizard, into which dimension do you have to import members? Choose the best answer.

A. Pay Type

B. Property

C. Component

D. Account


Correct Answer: D

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/ wf_configuring_workforce__106xdb232ea8.html

Question 4:


Which three are predefined Workforce business rules? (Choose three.)

A. Transfer

B. Plan Departure

C. Promote Employee

D. Change Job

E. Remove Existing Employee


Correct Answer: ACD

Question 5:


Which statement describes info lets? Choose the best answer.

A. Infolets help you personalize focused data slices that you frequently use for analysis.

B. Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.

C. Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.

D. Infolets help you organize, track, and prioritize your workload.


Correct Answer: B

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusu/EPM-INFORMATIONDEVELOPMENT-TEAM-E94218-6693400D.pdf (page: 8-1)

Question 6:


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


Correct Answer: A

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

Question 7:


Which card allows you to enable modules? (Choose the best answer.)

A. Valid Intersections

B. Data Maps

C. Overview

D. Settings

E. Configure


Correct Answer: E

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/ proj_enabling_project_features__100xd3780265.html

Question 8:


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.


Correct Answer: ACE

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/GUID-AECB402159B2-4C88-AFEE-92FB04D92C21.pdf (7-30, 7-31)

Question 9:


Which two statements are true regarding the creation and management of business rules in module-based Planning? (Choose two.)

A. Pre-defined business rules for modules may be modified but may be ignored after an application upgrade.

B. Custom business rules for modules can only be created using the graphical designer.

C. Custom business rules can be created for each module.

D. Modules cannot use regular business rules. Instead, they must be scripted using Groovy.


Correct Answer: BC

Question 10:


You want to share detailed benefits data from Workforce with Financials.

Which statement describes the steps you must take? Choose the best answer.

A. Enable and configure Financials and Workforce. When enabling Workforce, create a custom Benefits dimension to map the data to. Then for the Financial Statement Integration data map, synchronize and push the data.

B. Enable and configure Financials and Workforce. Then in the Workforce Benefits and Taxes wizard, select a financial account to map the benefit too. For Compensation Data, synchronize and run the data map.

C. Enable and configure Financials and Workforce. When enabling Financials, create a custom Benefits dimension to map the data to. On the Financials Integration Summary form, run Calculate Compensation to update the Workforce data.

D. Enable and configure Financials and Workforce. Then to capture Workforce expenses for employees, enable Standard Rates from Workforce. For the Compensation Data for Reporting data map, synchronize and then push the data.


Correct Answer: D

Question 11:


Which two client requirements align with using an ASO plan type alongside the module-based plan types? (Choose two.)

A. The client would like to plan revenue by Product and Service dimensions.

B. The client would like to report the results of the allocation process by Entity.

C. The client would like to store 10 years of actual history for reporting purposes but only requires prior-year history for planning purposes.

D. Due to sparse dimensionality, aggregation times are slow in the application.

E. The client has 10 dimensions in the application and needs to report at each intersection.


Correct Answer: DE

Reference: https://www.oracle.com/webfolder/technetwork/tutorials/obe/hyp/CreateASOReportingCube1112/CreateASOReportingCube-1112.htm

Question 12:


What two form validation rule options are supported in Planning? (Choose two.)

A. When enabled, execute validations associated with the form for all users regardless of access rights when validating the Approval unit.

B. When enabled, all validations are run as the administrator and applied to the form members.

C. When enabled, the user variable for the approval dimension on the form will be replaced by the approval unit member before the validations are run.

D. When enabled, the system figures out which page combinations have potential data blocks and runs the validations regardless of those page combinations.

E. When enabled, the form will be validated multiple times by replacing the user variable from the approval unit dimension with every possible value.


Correct Answer: CE

Reference: https://docs.oracle.com/en/cloud/saas/financial-consolidation-cloud/agfcc/ including_data_validation_rules_in_forms.html

Question 13:


Which two are supported funding methods in Strategic Modeling? (Choose two.)

A. Target Capital Structure funding method

B. Standard funding method

C. Proposed Projects funding method

D. Employee-based funding method


Correct Answer: AB

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/cssmu/ using_funding_methods_236x8f4329e8.html

Question 14:


Which three are use cases for data maps? (Choose three.)

A. To allow users to drill back to the data in a different cube.

B. To integrate data between custom plan types and Planning modules

C. To integrate data between Planning modules

D. To push data from a planning cube to a reporting cube

E. To create a replicated partition between cubes


Correct Answer: ABC

Question 15:


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


Correct Answer: CD

Reference: https://docs.oracle.com/cd/E57185_01/HFWCG/about_the_user_point_of_view.htm#HFWCGdesigning_a_report_35


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