Question 1

Which statement describes Strategic Modeling?

Options :

A : It is used to model the flow of data by defining strategic rules for sharing data between modules.

B : It is used to develop driver-based strategic plans and generate core financial statements.

C : It is used to strategically manage and analyze finances at any business level with built-in dashboards.

D : It is used to quickly model and evaluate financial scenarios, and offers out-of-the-box treasury capabilities.

Answer: D

Question 2

Which three statements are true about importing metadata from a flat file into Planning?

Options :

A : You can rename or delete members of attribute dimensions during a metadata import.

B : You can import data forms, dashboards, and infolets by loading a local import file or an import file from the Inbox server.

C : Your import file must contain a list of metadata records. Each metadata record contains a delimited list of property values that matches the order designated in the header record.

D : When selecting to clear members during import, any member not specified is deleted from the outline after importing the dimension unless it is an ancestor of a member that was specified, or is a base member of a shared member that was specified.

E : You can use the import file functionality to import more metadata or to perform incremental updates from the source system.

Answer: C,D,E

Question 3

Which three form validation rules options are supported in Planning?

Options :

A : Validate only for cells and pages to which a user has access

B : Validate rules as Service Administrator, regardless of logged-in user, when the form is loaded or saved

C : Validate for all page combinations and all existing or potential blocks

D : Validate only for users with access to this form

E : Validate only for pages with existing blocks

Answer: A,C,E

Question 4

Your administrator set up a Free Form application. Which two Statements describe FreeForm Applications?

Options :

A : You can create FreeForm applications by migrating Essbase Lifecycle Management snapshots to an Oracle Cloud Enterprise Performance Management.

B : FreeForm applications use an open dimensional cube construct, which enables you to create cubes with any dimension combination that you need in your BSO or ASO cube

C : FreeForm application enables you to import an Essbase OTL or application snapshot that includes with system-restricted names

D : Using FreeForm applications, you can model and build your own Hybrid BSO or ASO cube while preserving the ability to leverage Planning functionalities

Answer: B,D

Question 5

You want to work with Forms 2.0 to develop your forecast. Which two statements describe Forms 2.0?

Options :

A : You can switch between two views for the form if the form designer set up the form with multiple views.

B : You can use the Forms 2.0 features in forms specifically designed for Forms 2.0.

C : You can build logic into how a cell value is calculated by adding line-item detail.

D : You can use a tree-based member selector to select members from the POV.

Answer: C,D

Free 1Z0-1080-26 Mock Exam – Practice Online Confidently

Buying Options: