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Exam2pass > Oracle > Oracle Certifications > 1Z0-1080-22 > 1Z0-1080-22 Online Practice Questions and Answers

1Z0-1080-22 Online Practice Questions and Answers

Questions 4

Which card allows you to enable modules? (Choose the best answer.)

A. Valid Intersections

B. Data Maps

C. Overview

D. Settings

E. Configure

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Correct Answer: E

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/proj_enabling_project_features__100xd3780265.html

Questions 5

Which two are displayed on the user point of view bar within a financial report? Choose two.

A. Dimensions that are tagged as type Time

B. Dimensions that are tagged as type Account

C. Dimensions not defined in a row, column, or page

D. Dimensions in a row, column, or page that are flagged for the current point of view

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Correct Answer: AD

A. Dimensions that are tagged as type Time are typically used to represent time periods, such as months or quarters, and are often displayed on the user point of view bar within a financial report.

D. Dimensions in a row, column, or page that are flagged for the current point of view are also displayed on the user point of view bar within a financial report. These dimensions are used to filter the data displayed in the report based on the user's preferences.

Questions 6

Which three accounts in Workforce leverage the Component dimension for driver and trend-based calculations? (Choose three.)

A. Revenue

B. Balance Sheet

C. Expense

D. Cash Flow

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Correct Answer: ABC

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/general_driver_based_108xf8106f48.html

Questions 7

Which three do you need to enable in order to perform indirect cash flow statement planning? (Choose three.)

A. Expense

B. Cash Flow Statement

C. Income Statement

D. Balance Sheet

E. Revenue

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Correct Answer: BCD

Select Cash Flow Statement and a cash flow method (Direct or Indirect) to enable cash flow planning.

1.

The Direct method calculates cash flow using sources and uses of cash. You can use this method if you enabled Revenue and/or Expense planning.

2.

The Indirect method derives cash flow from Operating, Investing, and Financing activities. To use this method, you must also enable Income Statement and Balance Sheet. Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/fin_enabling_cash_flow_100x49cf9a89.html

Questions 8

In what three ways can Service Administrators implement EPM Automate in Planning? (Choose three.)

A. To copy data from an aggregate storage database to a block storage database

B. To copy data from a block storage database to an aggregate storage database

C. To execute scripts that complete tasks using a scheduler

D. To import and export metadata, data, artifacts and snapshots

E. To promote financial plans to the next level in the approval hierarchy

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Correct Answer: BCD

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.

Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/cepma/using_epmctl.html

Questions 9

What does a navigation flow allow you to do? Choose the best answer.

A. Promote a plan to your supervisor

B. Display report variances by geography

C. Run multiple business rules in a predetermined sequence

D. Customize the clusters and cards that a user can access

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Correct Answer: D

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. Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/pfusa/understanding_navigation_flows_100xdb2e13be.html

Questions 10

A company has enabled and configured Financials. Which are three recommended post configuration tasks? (Choose three.)

A. Entering exchange rates

B. Defining and managing the accounts and drivers

C. Specifying days in period for driver-based Balance Sheet

D. Running Financials rules to aggregate and calculate the data

E. Setting Up Planning and Forecast Preparation

F. Modifying account signage for alternate reporting methods

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Correct Answer: ACE

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/fin_configuring_financials__104xdb20950b.html

Questions 11

When calculating a tiered type of tax, what should be the selected `Maximum Value Type'? (Choose the best answer.)

A. Threshold Amount

B. Percentage of Overall Earnings

C. Percentage of Salary

D. Percentage of Taxable Earnings

E. Flat Amount

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Correct Answer: A

Setting the Maximum Value Type to Threshold Amount is available only for Taxes.

Reference: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/eswpc/wf_about_maximum_value_type_110x00c2886b.html

Questions 12

When loading Salaries into Workforce, which Property should the values be loaded to? (Choose the best answer.)

A. OWP_Gross Earnings

B. OWP_Salary Basis

C. OWP_Value

D. OWP_Expense Amount

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Correct Answer: B

The salary basis specifies the frequency of the amount sent to payroll and stored as salary, such as annual or hourly amount. It also specifies the payroll element and input value that feeds the salary to payroll and the grade rate that provides the salary range.

Reference: https://docs.oracle.com/cloud/farel9/common/FAIWC/F1443869AN18796.htm

Questions 13

In Projects, which is NOT a valid option for Contract project revenue recognition? Choose the best answer.

A. Monthly, Quarterly, or Semiannually

B. After Completion

C. When Paid

D. When Billed

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Correct Answer: C

Reference: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbug/GUID-AECB4021-59B2-4C88-AFEE-92FB04D92C21.pdf (5-6)

Exam Code: 1Z0-1080-22
Exam Name: Oracle Planning 2022 Implementation Professional
Last Update: Jun 08, 2025
Questions: 70

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