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Oracle 1z0-1080-24 Exam Syllabus Topics:

Topic	Details
Topic 1	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 2	Manage Metadata and Data: This section of the exam measures the skills of data integration specialists and covers metadata and data management in Planning. It includes identifying metadata and data load options, importing and exporting metadata and data, setting up and running data maps, creating data integrations, and mapping data across applications.
Topic 3	Manage Approvals:This section of the exam measures the skills of approval process managers and covers setting up approval workflows in Planning. It explains how to configure approval processes to streamline decision-making within organizations.
Topic 4	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 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.
Topic 6	Planning Overview: This section of the exam measures the skills of planning administrators and focuses on understanding the features of Planning applications. It includes setting up Planning and Freeform applications, managing dimensions, and explaining the impact of dimension hierarchies. It also covers configuring valid and invalid intersections and cell-level security.
Topic 7	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 8	Introduction to Planning Modules: This section of the exam measures the skills of module planners and introduces Planning modules. It includes integrating modules, leveraging best practices for module planning, and configuring Financials, Workforce, Capital, and Projects.
Topic 9	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.

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Oracle Planning 2024 Implementation Professional Sample Questions (Q20-Q25):

NEW QUESTION # 20
You are preparing to design a report in Cloud EPM Planning using Report Designer. Which two statements are true about data sources in reports?

A. Insert a report object into the report if you are in Modify mode.
B. Insert charts in the report header to provide a quick visual summary of data.
C. Control the way a report object is printed on the page relative to other report objects.
D. Include a chart in your report without displaying the underlying data grid.

Answer: C,D

Explanation:
When designing reports in Oracle Cloud EPM Planning using Report Designer, data sources and report objects (e.g., grids, charts) have specific capabilities. The two true statements about data sources in reports are:
* A. Insert charts in the report header to provide a quick visual summary of data: Incorrect. Report Designer does not support inserting charts directly into the report header; charts are added as objects within the report body, linked to data sources.
* B. Include a chart in your report without displaying the underlying data grid: Correct. You can create a chart object tied to a data source (e.g., a grid) and configure it to display only the chart, suppressing the grid for a cleaner visual presentation.
* C. Control the way a report object is printed on the page relative to other report objects: Correct. Report Designer allows you to adjust the layout and positioning of report objects (e.g., grids, charts) relative to each other, controlling how they appear when printed or exported.
* D. Insert a report object into the report if you are in Modify mode: Incorrect. While you modify reports in Report Designer, there's no specific "Modify mode" restriction-objects can be inserted during initial design or edits, but this is not a data source-specific feature.
The Oracle documentation verifies that B and C reflect Report Designer's flexibility with data sources and object management, making them the correct answers.
References:
* Oracle Planning 2024 Implementation Study Guide: "Designing Reports with Report Designer" (docs.
oracle.com, Published 2024-09-30).
* Oracle EPM Cloud Documentation: "Report Designer Data Sources" (docs.oracle.com, Published 2023-
12-05, updated for 2024).

NEW QUESTION # 21
With Machine Learning, which type of prediction would you define to predict revenue using several input variables such as price, promotions, industry market size, and climate?

A. Forecast Prediction
B. Dimension Prediction
C. Source Prediction
D. Multivariate Prediction

Answer: D

Explanation:
In Oracle Planning 2024's Machine Learning capabilities, particularly with the "Bring Your Own ML" feature, predictions can be defined based on the type of analysis required. To predict revenue using multiple input variables such as price, promotions, industry market size, and climate, the appropriate prediction type is:
* A. Dimension Prediction: Incorrect. This type is not a standard term in Oracle's ML framework for Planning; it suggests predicting across dimensions, which isn't specific to multi-variable revenue prediction.
* B. Source Prediction: Incorrect. This is not a defined prediction type in Oracle Planning's ML documentation; it might imply source data analysis, but it's not applicable here.
* C. Forecast Prediction: Incorrect. While forecasting involves predicting future values, "Forecast Prediction" is not a specific ML type in Oracle, and it doesn't emphasize the use of multiple variables.
* D. Multivariate Prediction: Correct. Multivariate prediction involves using multiple input variables (e.
g., price, promotions, market size, climate) to predict an outcome (e.g., revenue). Oracle's ML integration supports importing PMML models that handle multivariate analysis, aligning with this scenario.
The Oracle documentation confirms that Multivariate Prediction is the type suited for complex predictions with several input variables, making D the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Machine Learning Prediction Types" (docs.oracle.
com, Published 2024-10-15).
* Oracle EPM Cloud Documentation: "Bring Your Own ML: Multivariate Models" (docs.oracle.com, Published 2023-11-20, updated for 2024).

NEW QUESTION # 22
You must assign a Planning user with a Cloud EPM predefined role that allows them to create and administer Planning or Planning Modules and service components. This role should also allow them to grant permissions to other users.
Which of the following predefined role must you assign this Planning user?

A. Approvals Administrator
B. Service Administrator
C. System Administrator
D. Identity Role Administrator

Answer: B

Explanation:
In Oracle Planning 2024, predefined roles in Cloud EPM determine user permissions. The requirement is for a role that allows a Planning user to create and administer Planning or Planning Modules and service components, as well as grant permissions to other users. Among the options:
* A. System Administrator: Incorrect. This role exists in some Oracle systems but is not a Cloud EPM predefined role specific to Planning. It's too broad and not aligned with EPM terminology.
* B. Approvals Administrator: Incorrect. This role manages approval processes (e.g., workflows) but does not include creating/administering applications or granting permissions beyond approvals.
* C. Identity Role Administrator: Incorrect. While this role manages identity and access (e.g., assigning roles), it does not allow creating or administering Planning applications or service components.
* D. Service Administrator: Correct. The Service Administrator role in Cloud EPM allows users to create and manage Planning applications, configure modules and service components (e.g., forms, rules), and assign permissions to other users via access control.
The Service Administrator role is the highest-level predefined role in Oracle EPM Cloud for Planning, encompassing application management and user permission assignments, making it the correct choice.
References:
* Oracle Planning 2024 Implementation Study Guide: "Predefined Roles in Cloud EPM" (docs.oracle.
com, Published 2024-08-25).
* Oracle EPM Cloud Documentation: "Managing Users and Roles" (docs.oracle.com, Published 2023-10-
30, updated for 2024).

NEW QUESTION # 23
You want to budget for future headcount and related personnel expenses such as salary, benefits, and taxes.
Which module do you enable and configure to budget for these expenses?

A. Sales Planning
B. Strategic Modeling
C. Financials
D. Workforce

Answer: D

Explanation:
To budget for future headcount and related personnel expenses (e.g., salary, benefits, taxes) in Oracle Planning 2024, the Workforce module must be enabled and configured. This module is specifically designed for detailed employee planning, including:
* A. Financials: Incorrect. Financials focuses on revenue, expense, and financial statement planning at an aggregated level, not detailed headcount or personnel expenses like benefits and taxes.
* B. Strategic Modeling: Incorrect. Strategic Modeling is for high-level scenario analysis (e.g., mergers, long-term strategies), not granular headcount budgeting.
* C. Sales Planning: Incorrect. Sales Planning (if available as a custom module) targets sales forecasts and quotas, not employee-related expenses.
* D. Workforce: Correct. Workforce enables budgeting for headcount (e.g., hiring plans) and calculates associated costs-salaries, benefits (e.g., health insurance), and taxes (e.g., payroll taxes)-with predefined and customizable options.
The Oracle documentation confirms that Workforce is the module tailored for headcount and personnel expense budgeting, making D the correct answer.
References:
* Oracle Planning 2024 Implementation Study Guide: "Overview of Workforce Module" (docs.oracle.
com, Published 2024-10-05).
* Oracle EPM Cloud Documentation: "Planning Personnel Expenses" (docs.oracle.com, Published 2023-
11-25, updated for 2024).

NEW QUESTION # 24
You want to select a probability distribution for your Strategic Modeling simulation. The minimum and maximum are fixed, and you know the most likely values.
Which probability distribution is useful with limited data in situations such as sales estimates, inventory numbers, and marketing costs in Strategic Modeling simulations?

A. Beta PERT
B. Lognormal
C. Normal
D. Uniform
E. Triangular

Answer: E

Explanation:
In Oracle Planning 2024's Strategic Modeling simulations, selecting a probability distribution for scenarios with fixed minimum and maximum values and a known most likely value (e.g., sales estimates, inventory, marketing costs) points to:
A: Beta PERT: Incorrect. Beta PERT uses min, max, and most likely values but requires more data to shape the curve accurately, making it less ideal with limited data.
B: Uniform: Incorrect. Uniform assumes equal probability between min and max, ignoring the most likely value, which doesn't fit this scenario.
C: Triangular: Correct. The Triangular distribution uses minimum, maximum, and most likely values, making it simple and effective for limited data situations like sales or costs.
D: Normal: Incorrect. Normal requires mean and standard deviation, not just min, max, and most likely, and assumes more data availability.
E: Lognormal: Incorrect. Lognormal is skewed and suited for data with a positive range, requiring more statistical input than provided here.
C: The Oracle documentation recommends the Triangular distribution for its simplicity and suitability with limited data, making C the correct answer.
References:
Oracle Planning 2024 Implementation Study Guide: "Probability Distributions in Strategic Modeling" (docs.oracle.com, Published 2024-10-25).
Oracle EPM Cloud Documentation: "Simulation Distributions" (docs.oracle.com, Published 2023-11-
30, updated for 2024).

NEW QUESTION # 25
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ORACLE 1Z0-1080-24 QUESTIONS [2025] EFFECTIVELY GET READY WITH REAL 1Z0-1080-24 DUMPS

Oracle 1z0-1080-24 Questions [2025] Effectively Get Ready With Real 1z0-1080-24 Dumps