Free Oracle 1Z0-1080-24 Exam Questions

Become Oracle Certified with updated 1Z0-1080-24 exam questions and correct answers

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Total 73 Questions | Updated On: Feb 19, 2025

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Question 1

After enabling Financials, which three are recommended configuration tasks? (Choose three.)

A : tting up exchange rates (for multicurrency applications)

B : moving custom dimensions

C : ding custom expense driver categories

D : ding custom dimensions

E : mpleting Planning and Forecast Preparation

Answer: A,D

Question 2

Which statement is true when executing a lifecycle management migration? Choose the best answer

A : Restoring Essbase data from a snapshot will remove any data that doesn’t exist in the backup

B : Importing Dimensions will remove members that do not exist in the snapshot.

C : Selected slices of data can be imported into Essbase.

D : All forms that do not exist in the snapshot will be deleted

Answer: A

Question 3

A company has enabled Financials and now would like to make changes to the initial configuration. Which three changes can be made? (Choose three.)

A : abling Expense

B : abling Income Statement

C : abling already enabled features

D : ding custom dimensions

E : abling Rolling Forecast

F : moving custom dimensions

Answer: A,B

Question 4

Which two client requirements align with using an ASO plan type alongside the module-based plan types? (Choose two.)

A : The client would like to plan revenue by Product and Services dimensions

B : The client would like to report the results of the allocation process by Entity.

C : The client would like to store 10 years of actuals history for reporting purposes but only requires prior year history for planning purposes

D : Due to sparse dimensionality, aggregation times are slow in the application

E : The client has 10 dimensions in the application and needs to report at each intersection.

Answer: A,D

Question 5

Which describes Strategic Modeling? Choose the best answer.

A : ed to evaluate financial scenarios and perform financial impact analysis

B : ed to evaluate how assets and resources related to corporate initiatives are allocated

C : ed primarily for balance sheet planning

D : ed to develop plans and forecasts and generate core financial statements

Answer: A

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Total 73 Questions | Updated On: Feb 19, 2025

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