Oracle 1z0-1080-24 Exam With Confidence Using Practice Dumps

In Oracle Planning 2024 Implementation, the Benefits and Taxes Wizard is used to configure employee-related financial components, such as additional earnings, benefits, and taxes, within the Workforce module. To configure Additional Earnings specifically, members must be imported into theComponentdimension. This dimension is designed to categorize and manage various types of earnings, benefits, and taxes that apply to employees.

TheComponentdimension acts as a foundational structure in the Workforce module, allowing administrators to define and import members (e.g., "Bonus," "Overtime," or other additional earnings types) that can then be associated with employees via the wizard. The wizard uses these members to calculate and allocate costs accurately across the workforce plan.

B. Account: While the Account dimension is critical for financial reporting and calculations, it is not the dimension where Additional Earnings members are imported in the Benefits and Taxes Wizard. Accounts are typically used to map earnings to financial statements, not to define the earnings types themselves.

C. Property: The Property dimension is used for employee or job attributes (e.g., location, department), not for configuring earnings types in the wizard.

D. Pay Type: Although Pay Type is related to salary and wage classifications, it is not the dimension used for importing Additional Earnings members in the Benefits and Taxes Wizard. Pay Type is more about categorizing base pay structures rather than additional earnings components.

References

Oracle Enterprise Performance Management Cloud Documentation: "Administering Workforce – Benefits and Taxes Wizard" (docs.oracle.com, updated 2024). Specifies that "members for additional earnings must be imported into the Component dimension" for configuration in the wizard.

Oracle Planning 2024 Implementation Study Guide: Highlights the Component dimension as the target for importing earnings-related members in Workforce configuration.

In Oracle Planning 2024, the approval process uses an approval unit hierarchy where parent and child relationships influence the review workflow. The two ways these relationships affect the process are:

A. When the status of all children changes to one status (for example, Signed Off), the parent status changes to the same status: Correct. In a bottom-up approval process, when all child approval units reach a uniform status (e.g., Signed Off, Approved), the parent’s status automatically updates to match, reflecting the completion of the children’s review.

B. When you approve a parent, its children are Signed Off: Incorrect. Approving a parent does not automatically sign off its children; the workflow typically moves bottom-up, requiring children to be approved first.

C. After all children are promoted to the same owner, the parent status is changed to Signed Off: Incorrect. Promotion to an owner changes ownership, not necessarily status (e.g., Signed Off). Status changes are driven by approval actions, not just ownership.

D. After all children are promoted to the same owner, the parent is promoted to the owner: Correct. In the approval hierarchy, once all child units are promoted to a new owner (e.g., for review), the parent unit is also promoted to that owner, ensuring the hierarchy progresses together.

The Oracle documentation confirms that A (status aggregation) and D (owner promotion) are key behaviors of parent/child relationships in the approval process, making them the correct answers.

References:

Oracle Planning 2024 Implementation Study Guide: "Approval Unit Hierarchies" (docs.oracle.com, Published 2024-09-25).

Oracle EPM Cloud Documentation: "Managing Approvals" (docs.oracle.com, Published 2023-12-20, updated for 2024).

In Oracle Planning 2024, pushing data between cubes (e.g., from one cube to another within the same application) can be accomplished using specific tools. The two methods that facilitate this are:

A. Data Integration: Incorrect. Data Integration is used to import data from external sources (e.g., files, other systems) into Planning, not to push data between cubes within the same application.

B. Data Maps: Correct. Data Maps allow you to define mappings and push data between cubes (or applications) using Smart Push or manual execution. This is a primary method for intra-application data movement.

C. Copy Data: Correct. The Copy Data feature enables administrators to copy data from one cube to another within the same Planning application, specifying dimensions and members to transfer.

D. Import Data: Incorrect. Import Data is designed to bring external data into a cube from a file, not to push data between existing cubes.

Both Data Maps (with Smart Push for real-time updates) and Copy Data (for batch-style transfers) are explicitly supported for moving data between cubes, as per Oracle’s documentation, making B and C the correct answers.

References:

Oracle Planning 2024 Implementation Study Guide: "Moving Data Between Cubes" (docs.oracle.com, Published 2024-09-05).

Oracle EPM Cloud Documentation: "Data Maps and Copy Data Features" (docs.oracle.com, Published 2023-12-25, updated for 2024).