Master Oracle 1Z0-1080-24 Exam with Reliable Practice Questions

Correct : A, C, E

In Oracle Planning 2024, Navigation Flows can be customized to tailor the user interface and experience based on specific categories. The three customization categories supported are Role, Group, and Global:

A . Role: Navigation Flows can be customized for specific user roles (e.g., Planner, Administrator), allowing different layouts or access to cards based on job functions.

C . Group: Customization can be applied to user groups, enabling administrators to assign tailored navigation flows to predefined sets of users based on their team or department.

E . Global: Global customization applies to all users across the application, serving as the default navigation flow unless overridden by Role or Group settings.

B . User: This is incorrect because Oracle Planning does not support navigation flow customization at the individual user level---customizations are broader, targeting roles or groups.

D . Artifact: This is incorrect because 'Artifact' refers to application components (e.g., forms, rules) managed in migration, not a category for navigation flow customization.

The Oracle documentation confirms that Role, Group, and Global are the three levels at which navigation flows can be customized, providing flexibility in how users interact with the Planning application.

Oracle Planning 2024 Implementation Study Guide: 'Customizing Navigation Flows' (docs.oracle.com, Published 2024-08-30).

Oracle EPM Cloud Documentation: 'Navigation Flow Administration' (docs.oracle.com, Published 2023-12-05, updated for 2024).

Correct : A, C, E

In Oracle Planning 2024's Projects module, revenue and expense calculations are driven by specific assumptions that influence project financials. The three types of assumptions that directly drive these calculations are Working days and hours, Standard rates, and Project rates:

A . Working days and hours: This assumption defines the available time for project execution (e.g., days per week, hours per day), directly impacting labor costs and revenue projections based on resource utilization.

C . Standard rates: These are predefined rates (e.g., hourly or daily rates for labor or equipment) applied across projects unless overridden, driving cost and revenue calculations consistently.

E . Project rates: These are project-specific rates that override standard rates when defined, allowing for tailored revenue and expense calculations based on unique project requirements.

B . Plan start year: This is incorrect because, while it sets the timeline for planning, it does not directly drive revenue or expense calculations---it's a temporal parameter, not an assumption affecting financial data.

D . Program mappings: This is incorrect because program mappings relate to integrating data across programs, not driving revenue or expense calculations within Projects.

F . Discount rates: This is incorrect because discount rates are used for net present value (NPV) or financial analysis, not as a direct driver of revenue and expense assumptions in Projects.

The Oracle Projects module documentation highlights that Working days and hours, Standard rates, and Project rates are foundational assumptions that calculate costs (e.g., labor expenses) and revenues (e.g., billable amounts), making them the correct choices.

Oracle Planning 2024 Implementation Study Guide: 'Configuring Projects Assumptions' (docs.oracle.com, Published 2024-10-10).

Oracle EPM Cloud Documentation: 'Revenue and Expense Planning in Projects' (docs.oracle.com, Published 2023-11-25, updated for 2024).

Correct : C

To track the utilization of employees in the Projects module of Oracle Planning 2024, the Workforce module must be enabled first. Employee utilization in Projects refers to tracking how employees' time and costs (e.g., hours worked, labor expenses) are allocated to specific projects. The Workforce module provides the foundational data---such as employee details, roles, salaries, and hours---required to calculate utilization metrics. Once Workforce is enabled and configured with employee data, the Projects module can leverage this data via integration to track utilization against project tasks and budgets.

A . Projects module before Financials module: Incorrect. Enabling Projects before Financials does not address employee utilization tracking, as Financials focuses on revenue and expense planning, not employee-specific data.

B . Financials module before Projects module: Incorrect. Financials provides financial planning capabilities but does not manage employee data or utilization, which is a Workforce function.

C . Workforce module before Projects module: Correct. Workforce must be enabled first to define employee data, which Projects then uses to track utilization through integration (e.g., via data maps or direct links).

D . Projects module before Workforce module: Incorrect. Enabling Projects first without Workforce would limit utilization tracking, as Projects relies on Workforce for employee-related data.

The Oracle documentation specifies that Workforce is a prerequisite for detailed employee utilization tracking in Projects, making C the correct sequence.

Oracle Planning 2024 Implementation Study Guide: 'Integrating Workforce with Projects' (docs.oracle.com, Published 2024-09-20).

Oracle EPM Cloud Documentation: 'Tracking Utilization in Projects' (docs.oracle.com, Published 2023-12-15, updated for 2024).

Correct : C

In Oracle Planning 2024, a Pipeline is a feature that allows administrators to define and automate a sequence of jobs (e.g., data imports, metadata updates, calculations) as a single, coordinated process. Pipelines streamline the management of metadata and data by executing multiple tasks in a specified order, ensuring dependencies are met, and providing a repeatable workflow for maintaining the Planning application.

A . Develop pipelines to guide you through the Planning process: Incorrect. Pipelines are not a planning guide; they are an automation tool for executing jobs, not a process framework.

B . Use pipelines as a visible, automated, and repeatable system of record for running an application: Incorrect. While pipelines are automated and repeatable, they are not a 'system of record' for running the entire application---they focus on specific job sequences.

C . Use pipelines to coordinate the running of a series of jobs as a single process: Correct. This aligns with the Oracle definition of pipelines, which orchestrate multiple jobs (e.g., import data, refresh database) into one executable process.

D . Quickly drill into data slices that are important to you with pipelines: Incorrect. Pipelines are not designed for data analysis or drilling into data slices; they are for job automation.

The Oracle documentation emphasizes that pipelines are used to manage and execute a series of jobs efficiently, making C the true statement.

Oracle Planning 2024 Implementation Study Guide: 'Working with Pipelines' (docs.oracle.com, Published 2024-10-05).

Oracle EPM Cloud Documentation: 'Automating Tasks with Pipelines' (docs.oracle.com, Published 2023-11-30, updated for 2024).

Correct : D

Strategic Modeling in Oracle Planning 2024 is a module designed to enable rapid modeling and evaluation of financial scenarios, such as mergers, acquisitions, or long-term strategic plans. It provides a flexible framework for simulating 'what-if' scenarios and includes out-of-the-box treasury capabilities, such as cash flow forecasting, debt scheduling, and interest rate calculations, which are critical for strategic financial planning.

A . It is used to model the flow of data by defining strategic rules for sharing data between modules: Incorrect. This describes data integration (e.g., via data maps), not Strategic Modeling, which focuses on scenario analysis.

B . It is used to develop driver-based strategic plans and generate core financial statements: Incorrect. While it supports driver-based planning, generating core financial statements is more aligned with the Financials module, not Strategic Modeling's primary focus.

C . It is used to strategically manage and analyze finances at any business level with built-in dashboards: Incorrect. This is too broad and aligns more with the overall Planning application, not specifically Strategic Modeling.

D . It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities: Correct. This matches the module's purpose of rapid scenario modeling and its treasury-related features.

The Oracle documentation highlights Strategic Modeling's role in scenario analysis and its treasury tools, making D the accurate description.

Oracle Planning 2024 Implementation Study Guide: 'Overview of Strategic Modeling' (docs.oracle.com, Published 2024-09-25).

Oracle EPM Cloud Documentation: 'Strategic Modeling Features' (docs.oracle.com, Published 2023-10-25, updated for 2024).