Master Oracle 1Z0-1080-25 Exam with Reliable Practice Questions
Upgrade to PremiumYou want to include Named Assets in Capital.
Which two tasks can you perform when enabling Named Assets?
Correct : A, D
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.
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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Which configuration task is NOT mandatory in Workforce?
Correct : C
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.
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).
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As a Service Administrator, you use application diagnostics at design time to identify, and resolve design flaws before an application is placed into production. Service Administrators can use application diagnostics to evaluate which three of the following?
Correct : C, D, E
As a Service Administrator in the context of Oracle Planning 2024 Implementation, application diagnostics is a critical tool used at design time to ensure that applications are free of design flaws before they are deployed into production. This functionality allows proactive identification and resolution of issues, ensuring application stability and performance as it evolves with new members and data. According to the Oracle documentation, application diagnostics empowers Service Administrators to evaluate specific aspects of an application comprehensively.
D . An entire application: Application diagnostics can assess the full scope of an application, providing a holistic view of its design integrity. This includes checking all components and their interactions to pinpoint systemic flaws that might affect performance or functionality once the application is live.
C . Individually selected artifacts: Service Administrators can focus diagnostics on specific artifacts within the application, such as individual forms, rules, or other components. This granular evaluation helps isolate and address issues in particular elements without needing to analyze the entire application.
E . Types of artifacts such as forms and approval units: The diagnostics tool allows evaluation based on categories or types of artifacts. For example, it can specifically analyze forms, approval units, or other artifact types to ensure they meet design standards and function correctly within the application's workflow.
The options A. Error log files and B. Migration snapshots are not explicitly mentioned as evaluable components within the scope of application diagnostics at design time in the Oracle Planning 2024 Implementation documentation. Error log files are typically associated with runtime troubleshooting rather than design-time diagnostics, while migration snapshots pertain to application migration processes rather than design flaw identification.
Oracle Enterprise Performance Management Cloud Documentation: 'About Application Diagnostics' (docs.oracle.com, published 2018-03-22, updated as of 2024). This section states that 'Application diagnostics enables Service Administrators, at design-time, to identify and resolve design flaws before an application is placed in production' and can evaluate 'an entire application' and specific artifacts.
Oracle Planning 2024 Implementation Study Guide: Application diagnostics section confirms the ability to assess 'entire applications' and 'individual or types of artifacts such as forms and approval units' to ensure design integrity.
These Reference:s align with the capabilities described for Service Administrators using application diagnostics in the Oracle Planning 2024 Implementation framework.
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You can override expense lines in Financials with the more detailed values that Workforce stores. What steps would you take to move the detailed values to Financials?
Correct : A
In Oracle Planning 2024, integrating detailed Workforce data (such as salary, benefits, and taxes) into Financials involves leveraging out-of-the-box integration features like data maps and Smart Push. To override expense lines in Financials with more detailed values stored in Workforce, the correct approach is to define how Workforce accounts roll up into Financials accounts using the 'Financial Statement Integration' data map. This process involves mapping specific Workforce accounts (e.g., payroll taxes, total salary) to corresponding Financials accounts and then synchronizing and pushing the data to update Financials with the detailed values.
Option A is the verified answer because it directly addresses the initial setup required to move detailed Workforce values into Financials by defining the rollup mappings in the Financial Statement Integration data map. After this mapping is configured, administrators can synchronize and push the data to reflect the detailed values in Financials reporting. Option B is incorrect because the Financials Integration Summary form is used to view rolled-up data, not to calculate compensation data for updating underlying Workforce details---this is a Workforce-specific task, not a data movement step. Option C is also incorrect, as there is no 'Rollup business rule' explicitly mentioned in the Financials Integration Summary form's Actions menu for this purpose; instead, rollup occurs via data maps. Option D, while related to Compensation Data synchronization, is a narrower action that does not fully address the broader task of moving detailed Workforce values into Financials expense lines, which requires the Financial Statement Integration data map.
The Oracle Planning 2024 Implementation documentation highlights that Financials integrates with Workforce using predefined data maps, such as Financial Statement Integration, to roll up detailed employee expenses into financial reporting, making Option A the most accurate and complete step for this scenario.
Oracle Planning 2024 Implementation Study Guide: 'Integration Scenarios and Workflow' (docs.oracle.com, Published 2024-08-19).
Oracle EPM Cloud Documentation: 'Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials' (updated for 2024 workflows).
Oracle Planning Documentation: 'Administering and Working with Strategic Workforce Planning' (docs.oracle.com, Published 2024-12-04).
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Which three are use cases for data maps?
Correct : A, D
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