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The Oracle Planning 2024 Implementation Professional (1z0-1080-24) certification exam is one of the top-rated career advancement certifications in the market. This Oracle Planning 2024 Implementation Professional (1z0-1080-24) exam dumps have been inspiring beginners and experienced professionals since its beginning. There are several personal and professional benefits that you can gain after passing the Oracle 1z0-1080-24 Exam. The validation of expertise, more career opportunities, salary enhancement, instant promotion, and membership of Oracle certified professional community.
Oracle 1z0-1080-24 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 2
- Manage Forms, Dashboards, and Navigation Flows: This section of the exam measures the skills of dashboard designers and covers designing forms, dashboards, and validation rules. It also includes creating and managing navigation flows to streamline user experience within Planning applications.
Topic 3
- 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 4
- 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 5
- 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.
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Oracle Planning 2024 Implementation Professional Sample Questions (Q20-Q25):
NEW QUESTION # 20
Which item CANNOT be pushed between cubes using data maps?
- A. Attachments
- B. Supporting detail
- C. Comments
- D. Data change history
Answer: D
Explanation:
In Oracle Planning 2024, data maps with Smart Push or manual execution can push various types of data between cubes within the same application or across applications. However, not all items can be transferred.
The item that cannot be pushed is:
* A. Comments: Incorrect. Comments (cell-level annotations) can be pushed between cubes using data maps, provided the mappings include the necessary dimensions.
* B. Attachments: Incorrect. Attachments linked to data cells can be transferred via data maps, as long as the target cube supports them and the mapping is configured correctly.
* C. Data change history: Correct. Data change history (audit trails tracking who changed what and when) is not transferable via data maps. It is metadata tied to the source cube's audit log, not a pushable data element.
* D. Supporting detail: Incorrect. Supporting detail (breakdowns of aggregated values) can be pushed between cubes if the target cube is configured to accept it and the mapping includes it.
The Oracle documentation specifies that data change history is excluded from data map transfers, as it's a system-maintained log, not a user-editable or movable data type, making C the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Data Maps and Pushable Items" (docs.oracle.com, Published 2024-10-05).
* Oracle EPM Cloud Documentation: "Smart Push Capabilities" (docs.oracle.com, Published 2023-12-
15, updated for 2024).
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NEW QUESTION # 21
Which statement describes infolets?
- A. Infolets give business process designers control over how various roles or groups interact with a business process.
- B. Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.
- C. Infolets help you organize, track, and prioritize your workload.
- D. Infolets are a form type that provides flexible row management where dimension and member row cells and all data cells are unprotected.
- E. Infolets are predefined dashboards that give you insight into the overall project financials and expense and revenue metrics.
Answer: B
Explanation:
In Oracle Planning 2024 Implementation, infolets are a feature designed to provide users with quick, visual insights into critical business data. They are not full dashboards, task management tools, or process control mechanisms, but rather compact, high-level representations of aggregated information.
* C. Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information: This statement accurately describes infolets.
They are visual tiles or widgets that display summarized data (e.g., KPIs, trends) to help users grasp key business insights at a glance. Infolets are typically found on the home page or navigation clusters and are customizable to highlight specific metrics relevant to the user's role or application.
* A. Infolets are predefined dashboards that give you insight into the overall project financials and expense and revenue metrics: While infolets provide insights, they are not full "predefined dashboards." Dashboards are more comprehensive, whereas infolets offer concise, targeted views of data.
* B. Infolets help you organize, track, and prioritize your workload: This describes task management or navigation features (e.g., task lists), not infolets, which focus on data visualization rather than workload management.
* D. Infolets give business process designers control over how various roles or groups interact with a business process: Infolets are not about process design or role interaction; they are about displaying data, not controlling processes.
* E. Infolets are a form type that provides flexible row management where dimension and member row cells and all data cells are unprotected: Infolets are not a form type; they are separate from forms and focus on visualization, not data entry or row management.
References
* Oracle Enterprise Performance Management Cloud Documentation: "Using Infolets" (docs.oracle.com, updated 2024). Describes infolets as "visual overviews of high-level, aggregated information to quickly analyze data and answer business questions."
* Oracle Planning 2024 Implementation Study Guide: Defines infolets as tools for presenting summarized data visually for quick analysis.
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NEW QUESTION # 22
You want to include Named Assets in Capital.
Which two tasks can you perform when enabling Named Assets?
- A. Increase the number of named assets after enabling Named Assets.
- B. Decrease the number of named assets after enabling Named Assets.
- C. Add the names of assets to plan at the detail level.
- D. Specify the likely number of tangible and intangible assets that you want to add in a planning cycle.
Answer: A,C
Explanation:
In Oracle Planning 2024's Capital module, enabling Named Assets allows planning for specific, individually tracked assets (e.g., equipment, buildings) rather than generic asset categories. The two tasks you can perform when enabling Named Assets are:
* A. Add the names of assets to plan at the detail level: Correct. When enabling Named Assets, you can specify the names of individual assets (e.g., "Truck A," "Building 1") to plan their costs, depreciation, and other details at a granular level.
* B. Specify the likely number of tangible and intangible assets that you want to add in a planning cycle:
Incorrect. While you estimate a maximum number of Named Assets during enablement, you don't specify them by tangible/intangible categories-the distinction is managed later in asset planning, not at enablement.
* C. Decrease the number of named assets after enabling Named Assets: Incorrect. Once Named Assets is enabled with a maximum number, you cannot decrease this limit directly; it requires reconfiguration or disabling/re-enabling the feature, which is not a standard task.
* D. Increase the number of named assets after enabling Named Assets: Correct. After enablement, you can increase the maximum number of Named Assets (e.g., from 100 to 150) via the Configure card, allowing more assets to be added as needed.
The Oracle documentation confirms that A (adding asset names) and D (increasing the count post- enablement) are supported tasks for Named Assets, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Enabling Named Assets in Capital" (docs.oracle.
com, Published 2024-09-20).
* Oracle EPM Cloud Documentation: "Capital Named Assets Configuration" (docs.oracle.com, Published
2023-11-10, updated for 2024).
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NEW QUESTION # 23
Which statement describes Strategic Modeling?
- A. It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities.
- B. It is used to strategically manage and analyze finances at any business level with built-in dashboards.
- C. It is used to develop driver-based strategic plans and generate core financial statements.
- D. It is used to model the flow of data by defining strategic rules for sharing data between modules.
Answer: A
Explanation:
Strategic Modeling in Oracle Planning 2024 is a module designed to enable rapid modeling and evaluation of financial scenarios, such as mergers, acquisitions, or long-term strategic plans. It provides a flexible framework for simulating "what-if" scenarios and includes out-of-the-box treasury capabilities,such as cash flow forecasting, debt scheduling, and interest rate calculations, which are critical for strategic financial planning.
* A. It is used to model the flow of data by defining strategic rules for sharing data between modules:
Incorrect. This describes data integration (e.g., via data maps), not Strategic Modeling, which focuses on scenario analysis.
* B. It is used to develop driver-based strategic plans and generate core financial statements: Incorrect.
While it supports driver-based planning, generating core financial statements is more aligned with the Financials module, not Strategic Modeling's primary focus.
* C. It is used to strategically manage and analyze finances at any business level with built-in dashboards:
Incorrect. This is too broad and aligns more with the overall Planning application, not specifically Strategic Modeling.
* D. It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities: Correct. This matches the module's purpose of rapid scenario modeling and its treasury- related features.
The Oracle documentation highlights Strategic Modeling's role in scenario analysis and its treasury tools, making D the accurate description.
References:
* Oracle Planning 2024 Implementation Study Guide: "Overview of Strategic Modeling" (docs.oracle.
com, Published 2024-09-25).
* Oracle EPM Cloud Documentation: "Strategic Modeling Features" (docs.oracle.com, Published 2023-
10-25, updated for 2024).
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NEW QUESTION # 24
In Strategic Modeling, you have a deficit and want to balance the model.
Which two statements describe funding options you can take when you have a deficit and want to balance the model?
- A. You can increase Debt or Equity to balance the model.
- B. You can decrease Preferred to balance the model.
- C. You can decrease Dividends or Assets to balance the model.
- D. You can increase Contra-Equity to balance the model.
Answer: A,C
Explanation:
In Oracle Planning 2024's Strategic Modeling module, balancing a model with a deficit involves adjusting funding options to ensure cash flow or balance sheet equilibrium. When there's a deficit (e.g., insufficient cash), you can either increase inflows or decrease outflows. The two valid statements are:
* A. You can decrease Preferred to balance the model: Incorrect. "Preferred" typically refers to preferred stock (an equity component), but decreasing it (e.g., reducing preferred equity) would not directly increase available funds to cover a deficit-it might even worsen it by reducing capital.
* B. You can increase Debt or Equity to balance the model: Correct. Increasing Debt (e.g., issuing loans) or Equity (e.g., issuing stock) provides additional funds to cover a deficit, a common strategy in Strategic Modeling to balance cash needs.
* C. You can decrease Dividends or Assets to balance the model: Correct. Decreasing Dividends reduces cash outflows, retaining more funds, while decreasing Assets (e.g., selling assets) generates cash inflows, both helping to balance the model.
* D. You can increase Contra-Equity to balance the model: Incorrect. Contra-Equity (e.g., treasury stock) reduces total equity when increased (e.g., buying back shares), which decreases available funds, not helping to balance a deficit.
The Oracle documentation highlights that increasing Debt/Equity or decreasing Dividends/Assets are standard funding options in Strategic Modeling to address deficits, making B and C the correct statements.
References:
* Oracle Planning 2024 Implementation Study Guide: "Balancing Models in Strategic Modeling" (docs.
oracle.com, Published 2024-09-15).
* Oracle EPM Cloud Documentation: "Funding Options in Strategic Scenarios" (docs.oracle.com, Published 2023-12-10, updated for 2024).
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NEW QUESTION # 25
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