1Z0-1080-20 Online Practice Questions and Answers

What three time period management tasks can you perform in Strategic Modeling? (Choose three.)

A. Combine periods of years, halves, quarters, months, and weeks for historical forecast data.

B. Configure time periods to reflect the detail required by financial models, such as different levels of granularity for different years.

C. Enable the input option for upper level time periods when you add time detail.

D. Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.

E. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.

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 report on Smart Lists in Planning, which you can't do in Planning

C. You want to report on new Planning data originating from any source, such as a data warehouse

D. You want to create, maintain, and report on Attribute dimensions

Which migration category is required to restore dimensional security? (Choose the best answer.)

A. Planning

B. Groups and Memberships

C. Reporting

D. Calculation Manager

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

A. Setting up exchange rates (for multicurrency applications)

B. Removing custom dimensions

C. Adding custom expense driver categories

D. Adding custom dimensions

E. Completing Planning and Forecast Preparation

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 salary information in Workforce and then run the data map for Compensation Data to calculate the updated benefits.

C. 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.

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.

What is the correct sequence of steps for enabling each Planning module? Choose the best answer.

A. Enable the module, refresh the database

B. Run pre-configuration tasks, enable the module, configure the module

C. Configure the module, refresh the database

D. Enable the module, configure the module, run post configuration tasks

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 Workforce, ensure that the granularity is at Employee or Employee and Job

B. In Financials, rename one of the custom dimensions to "Project" and enable it

C. In Projects, ensure that the Employee driver-based expense is enabled D. In Workforce, rename one of the custom dimensions to "Project" and enable it

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

Which time period allows you to collect the most recent number of time periods and measure business performance over a specific time duration? (Choose the best answer.)

A. Deal Period

B. Sub Period

C. Trailing period

D. Base Period

E. Periods-to-Date

Which two clients or command line tools can you download from Planning? (Choose two.)

A. Data Management

B. EPM Automate

C. Strategic Modeling Smart View add-on

D. Calculation Manager