[Dec-2023] 1z0-1080-22 Braindumps – 1z0-1080-22 Questions to Get Better Grades
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NEW QUESTION # 18
What are the two primary use cases for an ASO reporting cube? (Choose two.)
- A. You want to create and execute Calculation Manager business rules
- B. You want to create, maintain, and report on Attribute dimensions
- C. You want to report on Smart Lists in Planning, which you can't do in Planning
- D. You want to report on new Planning data originating from any source, such as a data warehouse
Answer: B,C
NEW QUESTION # 19
Which REST API method would be used to execute a job in Planning? (Choose the best answer.)
- A. POST
- B. PUT
- C. GET
- D. EXECUTE
Answer: D
NEW QUESTION # 20
Which three accounts in Workforce leverage the Component dimension for driver and trend-based calculations? (Choose three.)
- A. Balance Sheet
- B. Cash Flow
- C. Expense
- D. Revenue
Answer: A,C,D
NEW QUESTION # 21
Which three are use cases for data maps? (Choose three.)
- A. To integrate data between custom plan types and Planning modules
- B. To create a replicated partition between cubes
- C. To integrate data between Planning modules
- D. To push data from a planning cube to a reporting cube
- E. To allow users to drill back to the data in a different cube.
Answer: A,C,E
NEW QUESTION # 22
What does a navigation flow allow you to do? Choose the best answer.
- A. Run multiple business rules in a predetermined sequence
- B. Customize the clusters and cards that a user can access
- C. Promote a plan to your supervisor
- D. Display report variances by geography
Answer: B
Explanation:
The Navigation Flow Designer enables you to customize the business process interface. For example, you can change the names of the cards and clusters that display.
NEW QUESTION # 23
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
Answer: C
NEW QUESTION # 24
In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)
- A. To import and export metadata, data, artifacts and snapshots
- B. To copy data from a block storage database to an aggregate storage database
- C. To promote financial plans to the next level in the approval hierarchy
- D. To copy data from an aggregate storage database to a block storage database
- E. To execute scripts that complete tasks using a scheduler
Answer: A,B,E
Explanation:
Copy data from one database to another; typically, from a block storage database to an aggregate storage database. You can create scripts that are capable of completing a wide array of tasks and automate their execution using a scheduler. Import and export metadata, data, artifact and application snapshots, templates, and Data Management mappings.
NEW QUESTION # 25
After loading Workforce data from external systems, which statement describes actions you can take to make adjustments to loaded data and then calculate compensation expenses? Choose the best answer.
- A. In Workforce, change properties such as salary grade and FTE, and then calculate salary, benefits, additional earnings, and taxes based on assumptions in Planning.
- B. Change loaded benefit information in Workforce such as options for medical benefits and then launch the compensation data business rule to calculate the updated benefit data.
- C. Change loaded salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.
- D. In Workforce, if you change both the selected benefit option and the rate, when compensation expenses are calculated, the value will be based on the benefit option's default value.
Answer: D
NEW QUESTION # 26
When calculating a tiered type of tax, what should be the selected 'Maximum Value Type'? (Choose the best answer.)
- A. Threshold Amount
- B. Flat Amount
- C. Percentage of Taxable Earnings
- D. Percentage of Overall Earnings
- E. Percentage of Salary
Answer: A
Explanation:
Setting the Maximum Value Type to Threshold Amount is available only for Taxes.
NEW QUESTION # 27
In Financials, you want to see asset related expenses such as depreciation, amortization, and insurance.
Which describes the steps you can take to set this up? (Choose the best answer.)
- A. Set up the Equipment Expense Reporting Capex data map to map asset related expenses to Financials.
- B. On the Configure page for Financials, select Asset Accounts to set up the accounts from Capital that map to Financials.
- C. On the Configure page for Capital, select the option to map Capital accounts to financial accounts. Then for each Capital account, select a financial account to map to.
- D. On the Configure page for Financials, when enabling features, include a custom dimension to store asset related information.
Answer: C
NEW QUESTION # 28
If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)
- A. You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.
- B. You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.
- C. You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.
- D. You input or import your own accounts for each enabled feature.
- E. You can perform calculations using existing rules, and plan using existing forms and dashboards.
- F. Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.
Answer: A,B,D,E
NEW QUESTION # 29
What three tasks can you perform in the Data Management Workbench? (Choose three.)
- A. Import
- B. Export
- C. Delete Integration
- D. Maintain Process Tables
- E. Validate
Answer: A,B,E
Explanation:
Reference:
using_the_data_load_workbench.html
NEW QUESTION # 30
A company would like to configure Financials, Workforce, and Projects. They would like to plan and forecast the Project dimension in Financials, as well as track employee utilization in Projects.
Which two actions must they take to ensure that the Project dimension is shared and the data integrated correctly across all three modules? (Choose two.)
- A. In Projects, ensure that the Employee driver-based expense is enabled
- B. In Workforce, rename one of the custom dimensions to "Project" and enable it
- C. In Financials, rename one of the custom dimensions to "Project" and enable it
- D. In Workforce, ensure that the granularity is at Employee or Employee and Job
Answer: B,D
NEW QUESTION # 31
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. Enabling Rolling Forecast
- B. Enabling Income Statement
- C. Adding custom dimensions
- D. Disabling already enabled features
- E. Removing custom dimensions
- F. Enabling Expense
Answer: A,B,F
NEW QUESTION # 32
You want to move financial information from Projects to Financials for account level data.
Which describes the action you can take to accomplish this? (Choose the best answer.)
- A. In data maps, push data for the predefined Financial Statement Integration.
- B. In Financials, run the Financials Integration business rule to update data from Projects.
- C. On the Financials Integration Summary form, from the Actions menu, select PFP Detail to calculate project data.
- D. Rollup project data which pushes data to Financials based on account mappings.
Answer: A
NEW QUESTION # 33
What three time period management tasks can you perform in Strategic Modeling? (Choose three.)
- A. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.
- B. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
- C. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
- D. Enable the input option for upper level time periods when you add time detail.
- E. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.
Answer: C,D,E
NEW QUESTION # 34
Revenue planned in Projects is rolled up into Financials for contract projects. How must you set up the modules to share the data? Choose the best answer.
- A. To capture Project revenue, enable Standard Rates from Projects.
- B. Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.
- C. In Projects, select an entity and map revenue accounts to Financials accounts for that entity.
- D. When enabling Financials, create a custom Project dimension to map the data to.
Answer: D
NEW QUESTION # 35
Several users continuously use custom-created formulas in Excel to supplement their Planning form inputs.
What is another design alternative to reduce offline Excel maintenance? Choose the best answer.
- A. Reports
- B. Cell commentary
- C. Smart push
- D. Smart forms
- E. Ad hoc forms
Answer: D
NEW QUESTION # 36
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 store 10 years of actuals history for reporting purposes but only requires prior year history for planning purposes.
- C. The client has 10 dimensions in the application and needs to report at each intersection.
- D. Due to sparse dimensionality, aggregation times are slow in the application.
- E. The client would like to report the results of the allocation process by Entity.
Answer: C,D
NEW QUESTION # 37
Which statement describes infolets? Choose the best answer.
- A. Infolets help you organize, track, and prioritize your workload.
- B. Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.
- C. Infolets help you quickly analyze data and understand key business questionss by presenting a visual overview of high-level, aggregated information.
- D. Infolets help you personalize focused data slices that you frequently use for analysis.
Answer: C
NEW QUESTION # 38
In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.
- A. When Billed
- B. Monthly, Quarterly, or Semiannually
- C. When Paid
- D. After Completion
Answer: C
NEW QUESTION # 39
How do you add custom dimensions when you enable features? (Choose the best answer.)
- A. By adding a new dimension to the cube in Create and Manage Dimensions
- B. By renaming a dimension in Map/Rename Dimensions
- C. By creating a new dimension in Application Overview
- D. By adding a new dimension with Data Management
Answer: B
NEW QUESTION # 40
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