Oracle Planning 2024 Implementation Professional (1z0-1080-24) Free Practice Test

Question 1

In which three ways can you create data maps that copy data using Smart Push?

A. Between two Planning instances

B. From Planning to Tax Reporting Cloud

C. From Planning to Financial Consolidation and Close

D. From Financial Consolidation and Close to Planning

E. From Tax Reporting Cloud to Planning

Correct Answer: A,C,D

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 2

In which three ways can you create data maps that copy data using Smart Push?

A. Between two Planning instances

B. From Planning to Tax Reporting Cloud

C. From Planning to Financial Consolidation and Close

D. From Financial Consolidation and Close to Planning

E. From Tax Reporting Cloud to Planning

Correct Answer: A,C,D

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 3

You want to Input data into Financials. For Financials, there is a predefined navigation flow with cards listed for both Revenue and Expenses. What is the sequence of the cards for Revenue and Expenses?

A. Assumptions, Allocations, Detailed Bottom Up, Strategic Top-Down, Direct Input, Overview, Summary

B. Assumptions, Direct Input, Driver and/or Trend Based, High Level Overview, Detailed Overview, Summary

C. Overview, Driver and Trend Based, Rolling Forecast, Direct Entry, Income Statement

D. Overview,Assumptions, Allocations, Detailed Bottom-Up, Driver and/or Trend based. Direct Input

Correct Answer: C

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 4

Which statement describes Strategic Modeling?

A. It is used to strategically manage and analyze finances at any business level with built-in dashboards.

B. It is used to develop driver-based strategic plans and generate core financial statements.

C. It is used to model the flow of data by defining strategic rules for sharing data between modules.

D. It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities.

Correct Answer: D

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 5

You want to design a report with Reports for Oracle Enterprise Performance Management Cloud. You have an error on the report indicated by a red bar above the report header.
Which two statements describe possible causes of report object errors in Report Designer?

A. The report name is blank when you use a text function to display the name.

B. The data source connection for the report is no longer valid.

C. The report object overlaps with another report object.

D. The size of the inserted graphic is too large.

Correct Answer: B,C

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 6

You want to develop your forecast with Forms 2.0. Which statement about Forms 2.0 setup is true?

A. Set up Forms 2.0 in your environment one time and it will work with all your applications.

B. Redesign forms 1.0 forms so that they are set up to work with Forms 2.0.

C. Switch between Forms 1.0 and Forms 2.0 by selecting the Forms Version in Application Settings.

D. Migrate the forms you want to work with in Forms 2.0 from Forms 1.0 to Forms 2.0.

Correct Answer: D

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

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Oracle Planning 2024 Implementation Professional (1z0-1080-24) Free Practice Test