1Z0-1080-22 Online Practice Questions and Answers

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

What are four types of values that can be used in business rule run-time prompts? (Choose four.)

A. String

B. Substitution Variables

C. Member or members

D. Integer

E. Date as Number

F. Smart Lists

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

What would be the recommended module-based cube architecture for a company wanting to enable Financials and Capital, as well as create a Detailed Sales Forecasting cube with complex allocations and calculations, corresponding sales reporting cube, and consolidated reporting cube? (Choose the best answer.)

A. 3 BSO cubes (1 required for the modules +2 custom BSO cubes), 2 ASO cubes

B. 2 BSO cubes (1 required for the modules +1 custom BSO cubes), 2 ASO cubes

C. 3 custom BSO cubes, 2 ASO cubes

D. 3 BSO cubes (2 required for the modules +1 custom BSO cube), 2 ASO cubes

Which three Financials members within the Plan Element dimension allow for forecast and plan data entry? (Choose three.)

A. OFS_Trend

B. OFS_Form Entry

C. OFS_% Increase/(Decrease)

D. OFS_Input

E. OFS_Direct Input

When defining data load mappings in Data Management, what are the available types of member mappings? (Choose the best answer.)

A. Explicit, Range, In, Multi Dimension, As

B. Explicit, Range, In, Multi Dimension, Like

C. Explicit, Range, In, Ignore, Like

D. Explicit, Between, In, Multi Dimension, Like

In Strategic Modeling Simulations, what are the three guidelines for selecting the appropriate probability distribution? (Choose three.)

A. Select the distribution where the conditions of the distribution match those of the input.

B. Randomly generate a range of values for assumptions and enter best guess estimates one cell at a time.

C. Evaluate the input in question, and list the conditions surrounding this input.

D. Review the descriptions of the probability distributions.

E. Use the Monte Carlo method to best guess your probability distribution options based on a range of assumptions.

After loading Workforce data from external systems, which two statements describe actions you can take to process Workforce data? (Choose two.)

A. If an existing employee was omitted from the load file, you can add that existing employee in Workforce. Then assign properties and compensation options for that employee.

B. To calculate updated compensation data after changing benefit options and rates from the loaded file, first change the benefit options and rates in Workforce and then run the Calculate Compensation business rule.

C. If an existing employee was not loaded from the load file, you won't be able to add their compensation information before first adding them to the source system and reloading the file.

D. Because you cannot override loaded default assignments in Workforce, change the defaults in the load file and reload it.

E. To override loaded default assignments, change them in Workforce. After saving your changes, updated compensation data is calculated.

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

If you choose to create your own chart of accounts in Financials, which four statements are TRUE? (Choose four.)

A. Predefined drivers and the chart of accounts you brought in can co-exist within the Account dimension member outline.

B. You enable base or parent features to create an account structure with key members for you to add your own chart of accounts.

C. You cannot reuse existing integrated financial statements and must design your own financial statements that include the accounts you imported.

D. You do not need to enable base or parent features, and instead import the metadata directly into the Financials cube.

E. You can perform calculations using existing rules, and plan using existing forms and dashboards.

F. You input or import your own accounts for each enabled feature.