1Z0-1080-22 Online Practice Questions and Answers

In order to be able to configure Additional Earnings in the Benefits and Taxes wizard, into which dimension do you have to import members? Choose the best answer.

A. Pay Type

B. Property

C. Component

D. Account

Which statement is true when executing a lifecycle management migration? Choose the best answer.

A. Restoring Essbase data from a snapshot will remove any data that doesn't exist in the backup.

B. Importing Dimensions will remove members that do not exist in the snapshot.

C. Selected slices of data can be imported into Essbase.

D. All forms that do not exist in the snapshot will be deleted.

Which three are use cases for data maps? (Choose three.)

A. To allow users to drill back to the data in a different cube.

B. To integrate data between custom plan types and Planning modules

C. To integrate data between Planning modules

D. To push data from a planning cube to a reporting cube

E. To create a replicated partition between cubes

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

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

A. Planning

B. Groups and Memberships

C. Reporting

D. Calculation Manager

Which two roles can be set for Strategic Modeling? Choose two.

A. Analyst

B. Forecaster

C. Planner

D. Modeler

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.

In order to set up weekly planning for a continuous 18 months, which three options would need to be selected when initially configuring Financials? (Choose three.)

A. Rolling Forecast

B. Custom Periods

C. Weeks to months mapping

D. Plan Element dimension

E. Weekly Planning

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

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.