Pearson 1z0-1080-24 New Attempt

To include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting within Oracle Planning 2024 Implementation, integration between the Capital and Financials modules is required. The correct setup involves enabling integration from the Capital module to share expense data with Financials.

A. In Capital, for Expense, enable Integration with Financials: This option activates the integration feature in the Capital module under the Expense section, allowing asset-related expenses (e.g., depreciation, amortization, insurance) to be automatically pushed to Financials. Once enabled, Capital maps these expenses to the appropriate Financials accounts, ensuring seamless reporting. This is the standard method outlined in Oracle documentation for sharing Capital data with Financials.

B. In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets: Adding a custom dimension in Financials is not the correct approach for integrating Capital expenses. Custom dimensions are for extending dimensionality, not for enabling data sharing between modules.

C. In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials: While account mapping is part of the integration process, it is a subsequent step that occurs after enabling integration. The primary action is enabling the integration itself, not just mapping accounts.

D. In Financials, in the Asset Expenses Wizard, map each component to a Financials account: There is no "Asset Expenses Wizard" in Financials for this purpose. The integration is driven from Capital, not through a wizard in Financials.

References

Oracle Enterprise Performance Management Cloud Documentation: "Administering Capital – Integration with Financials" (docs.oracle.com, updated 2024). Specifies that "enabling Integration with Financials under Expenses in Capital" is required to share depreciation, amortization, and insurance expenses.

Oracle Planning 2024 Implementation Study Guide: Notes that enabling integration from Capital’s Expense section is the key step for including asset-related expenses in Financials reporting.

In Oracle Planning 2024’s Strategic Modeling module, balancing a model with a deficit involves adjusting funding options to ensure cash flow or balance sheet equilibrium. When there’s a deficit (e.g., insufficient cash), you can either increase inflows or decrease outflows. The two valid statements are:

A. You can decrease Preferred to balance the model: Incorrect. "Preferred" typically refers to preferred stock (an equity component), but decreasing it (e.g., reducing preferred equity) would not directly increase available funds to cover a deficit—it might even worsen it by reducing capital.

B. You can increase Debt or Equity to balance the model: Correct. Increasing Debt (e.g., issuing loans) or Equity (e.g., issuing stock) provides additional funds to cover a deficit, a common strategy in Strategic Modeling to balance cash needs.

C. You can decrease Dividends or Assets to balance the model: Correct. Decreasing Dividends reduces cash outflows, retaining more funds, while decreasing Assets (e.g., selling assets) generates cash inflows, both helping to balance the model.

D. You can increase Contra-Equity to balance the model: Incorrect. Contra-Equity (e.g., treasury stock) reduces total equity when increased (e.g., buying back shares), which decreases available funds, not helping to balance a deficit.

The Oracle documentation highlights that increasing Debt/Equity or decreasing Dividends/Assets are standard funding options in Strategic Modeling to address deficits, making B and C the correct statements.

References:

Oracle Planning 2024 Implementation Study Guide: "Balancing Models in Strategic Modeling" (docs.oracle.com, Published 2024-09-15).

Oracle EPM Cloud Documentation: "Funding Options in Strategic Scenarios" (docs.oracle.com, Published 2023-12-10, updated for 2024).

In Oracle Planning 2024’s Workforce module, Merit-Based Planning involves planning salary increases or adjustments based on employee performance (merit). To perform this, you need workforce data at a level of granularity that includes individual employee details. The two levels required are:

A. Merit: Incorrect. "Merit" is not a granularity level; it’s a planning concept or assumption applied to employee data, not a structural level of detail.

B. Employee and Job: Correct. This level combines employee-specific data (e.g., individual identity) with job-specific data (e.g., role, grade), enabling merit-based adjustments tailored to both the person and their position.

C. Job: Incorrect. Job-level granularity (e.g., aggregated data for a role) lacks individual employee details, which are necessary for merit-based planning.

D. Employee: Correct. Employee-level granularity provides the individual data (e.g., current salary, performance rating) needed to calculate merit increases for specific employees.

Merit-Based Planning requires at least Employee-level detail, and often Employee and Job for more precise planning (e.g., tying merit to job roles or grades). The Oracle documentation confirms these as the key granularity levels for this functionality, making B and D the correct answers.

References:

Oracle Planning 2024 Implementation Study Guide: "Merit-Based Planning in Workforce" (docs.oracle.com, Published 2024-10-10).

Oracle EPM Cloud Documentation: "Workforce Granularity Levels" (docs.oracle.com, Published 2023-11-15, updated for 2024).

In Oracle Planning 2024, cell-level security restricts access to specific data intersections using anchor and nonanchor dimensions. The two true statements are:

A. Anchor dimensions are always required in the cube that is used in the cell-level security definition: Correct. Anchor dimensions (e.g., Entity, Scenario) are mandatory in the security definition to specify the primary scope of access control within the cube.

B. Anchor dimensions are never required in the cube that is used in the cell-level security definition: Incorrect. Anchor dimensions are always required, contradicting this statement.

C. By default, nonanchor dimensions are not required: Correct. Nonanchor dimensions (e.g., Account, Period) are optional by default in cell-level security definitions, allowing flexibility in granularity unless explicitly included.

D. By default, nonanchor dimensions are required. You can change this setting later: Incorrect. Nonanchor dimensions are not required by default, and there’s no setting to make them mandatory—it’s an optional inclusion.

The Oracle documentation specifies that A (anchor necessity) and C (nonanchor optional) align with cell-level security behavior, making them the correct answers.

References:

Oracle Planning 2024 Implementation Study Guide: "Cell-Level Security Configuration" (docs.oracle.com, Published 2024-09-30).

Oracle EPM Cloud Documentation: "Anchor and Nonanchor Dimensions" (docs.oracle.com, Published 2023-12-05, updated for 2024).