Free 1Z0-1080-20 Questions for Oracle Planning 2020 Implementation Essentials 1Z0-1080-20 Exam as PDF & Practice Test Engine

Exam Code/Number: 1Z0-1080-20
Exam Name/Title: Oracle Planning 2020 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Enterprise Planning and Budgeting Cloud Service

Exam Questions: 70
Updated On: May 31, 2026

Question #1

If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)

A. You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.

B. You can perform calculations using existing rules, and plan using existing forms and dashboards.

C. Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.

D. You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.

E. You input or import your own accounts for each enabled feature.

F. You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.

Discussion 0

Correct Answer: B,D,E,F Vote an answer

Question #2

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

A. deploy more than one supported business process in the same instance

B. enable preseeded configurable content including dimensions, models, forms, rules, dashboards, infolets, and reports for Strategic Modeling

C. Custom Planning, which allows a high degree of business process customization to support business requirements

D. use of the Groovy scripting language to create or customize business rules

E. with Free Form Planning, deploy Planning business processes with no dimension requirements and create business processes using Essbase outline files

Discussion 0

Correct Answer: C,D,E Vote an answer

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Question #3

In Strategic Modeling Simulations, what are the three guidelines for selecting the appropriate probability distribution? (Choose three.)

A. Use the Monte Carlo method to best guess your probability distribution options based on a range of assumptions.

B. Review the descriptions of the probability distributions.

C. Evaluate the input in question, and list the conditions surrounding this input.

D. Select the distribution where the conditions of the distribution match those of the input.

E. Randomly generate a range of values for assumptions and enter best guess estimates one cell at a time.

Discussion 0

Correct Answer: B,C,D Vote an answer

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Question #4

Which option is true when implementing access permissions in Planning? (Choose the best answer.)

A. Users and groups are restricted from accessing applications by removing custom application and plan-type security

B. Planning roles can be assigned to members in all dimensions in all modules in the application

C. A member that is set to read that has a parent with write access to all descendants will result in an access level of read

Discussion 0

Correct Answer: C Vote an answer

Question #5

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

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

B. 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.

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

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

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

Discussion 0

Correct Answer: B,D Vote an answer

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Question #6

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

A. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.

B. Enable the input option for upper level time periods when you add time detail.

C. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.

D. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.

E. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.

Discussion 0

Correct Answer: B,D,E Vote an answer

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Question #7

Which migration category is required to restore dimensional security? (Choose the best answer.)

A. Planning

B. Groups and Memberships

C. Calculation Manager

D. Reporting

Discussion 0

Correct Answer: B Vote an answer

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Free 1Z0-1080-20 Questions for Oracle Planning 2020 Implementation Essentials 1Z0-1080-20 Exam as PDF & Practice Test Engine

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