1Z0-1080-20: Oracle Planning 2020 Implementation Essentials

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

Creating groups over assigning individual access permissions to users
Configuring single sign-on (SSO)
Assigning a higher level role than necessary, then scaling back access permissions
Using inherited permissions
Assigning global read access to each cube, then fine-tuning none and write access within dimensional security

Correct answer: ACD

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

Project rates
Standard rates
Discount rates
Program mappings
Plan start year
Working days and hours

Correct answer: ADF

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.

Pay Type
Property
Component
Account

Correct answer: D

Explanation:

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

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

Transfer
Plan Departure
Promote Employee
Change Job
Remove Existing Employee

Correct answer: ACD

Which statement describes infolets? Choose the best answer.

Infolets help you personalize focused data slices that you frequently use for analysis.
Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.
Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
Infolets help you organize, track, and prioritize your workload.

Correct answer: B

Explanation:

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

Which describes Strategic Modeling? Choose the best answer.

Used to evaluate financial scenarios and perform financial impact analysis.
Used to evaluate how assets and resources related to corporate initiatives are allocated
Used primarily for balance sheet planning
Used to develop plans and forecasts and generate core financial statements

Correct answer: A

Explanation:

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

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

Valid Intersections
Data Maps
Overview
Settings
Configure

Correct answer: E

Explanation:

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

What three time period management tasks can you perform in Strategic Modeling? (Choose three.)

Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
Enable the input option for upper level time periods when you add time detail.
Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.

Correct answer: ACE

Explanation:

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/GUID-AECB4021-59B2-4C88-AFEE-92FB04D92C21.pdf (7-30, 7-31)

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

Pre-defined business rules for modules may be modified, but may be ignored after an application upgrade.
Custom business rules for modules can only be created using the graphical designer.
Custom business rules can be created for each module.
Modules cannot use regular business rules. Instead, they must be scripted using Groovy.

Correct answer: BC

Which three are benefits of using EPM Enterprise Cloud Service over EPM Standard Cloud Service? (Choose three.)

enable preseeded configurable content including dimensions, models, forms, rules, dashboards, infolets, and reports for Strategic Modeling
with Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files
Custom Planning, which allows a high degree of business process customization to support business requirements
use of the Groovy scripting language to create or customize business rules
deploy more than one supported business process in the same instance

Correct answer: BCD

Explanation:

Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/cgsus/1_about_epm_cloud_new_sku_epm_standard.html

Vendor:	Oracle
Exam Code:	1Z0-1080-20
Exam Name:	Oracle Planning 2020 Implementation Essentials
Date:	Jul 20, 2020
File Size:	66 KB

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