Oracle 1Z0-1080-24 Exam Questions

Before an EPM (Enterprise Performance Management) administrator can import a Machine Learning (ML) model into Oracle Planning, a prerequisite task must be completed by data scientists. According to Oracle's 'Bring Your Own ML' feature in the Planning application, the process begins with data scientists gathering historical data related to a business problem, training an ML algorithm, and generating a Predictive Model Markup Language (PMML) file using a third-party data science tool or Oracle Data Science Cloud. This PMML file represents a fully trained ML model that can then be imported into the Planning application by an EPM administrator.

Option A is correct because it aligns with this prerequisite step: the ML model must be pretrained and saved as a PMML file before the import process can begin. Option B is incorrect because Groovy rules are not created by data scientists to evaluate historical data; instead, these rules are automatically generated by the Planning application during the import process to integrate the ML model with the application. Option C is also incorrect, as EPM administrators do not generate PMML files by creating data models and pushing data---instead, they import an existing PMML file. Finally, Option D is incorrect because while EPM administrators may create data maps and Groovy rules as part of the deployment process, this occurs after the PMML file is imported, not before.

The Oracle Planning 2024 Implementation documentation emphasizes that the 'Bring Your Own ML' functionality relies on importing a prebuilt PMML file, making the data scientists' role in building and training the model a mandatory first step.

Oracle Planning 2024 Implementation Study Guide: 'Bring Your Own ML: About Machine Learning Model Import' (docs.oracle.com, Published 2024-09-04).

Oracle EPM Cloud Documentation: 'Importing ML Models' (docs.oracle.com, Published 2022-06-17, updated for 2024).

In Oracle Planning 2024, integrating detailed Workforce data (such as salary, benefits, and taxes) into Financials involves leveraging out-of-the-box integration features like data maps and Smart Push. To override expense lines in Financials with more detailed values stored in Workforce, the correct approach is to define how Workforce accounts roll up into Financials accounts using the 'Financial Statement Integration' data map. This process involves mapping specific Workforce accounts (e.g., payroll taxes, total salary) to corresponding Financials accounts and then synchronizing and pushing the data to update Financials with the detailed values.

Option A is the verified answer because it directly addresses the initial setup required to move detailed Workforce values into Financials by defining the rollup mappings in the Financial Statement Integration data map. After this mapping is configured, administrators can synchronize and push the data to reflect the detailed values in Financials reporting. Option B is incorrect because the Financials Integration Summary form is used to view rolled-up data, not to calculate compensation data for updating underlying Workforce details---this is a Workforce-specific task, not a data movement step. Option C is also incorrect, as there is no 'Rollup business rule' explicitly mentioned in the Financials Integration Summary form's Actions menu for this purpose; instead, rollup occurs via data maps. Option D, while related to Compensation Data synchronization, is a narrower action that does not fully address the broader task of moving detailed Workforce values into Financials expense lines, which requires the Financial Statement Integration data map.

The Oracle Planning 2024 Implementation documentation highlights that Financials integrates with Workforce using predefined data maps, such as Financial Statement Integration, to roll up detailed employee expenses into financial reporting, making Option A the most accurate and complete step for this scenario.

Oracle Planning 2024 Implementation Study Guide: 'Integration Scenarios and Workflow' (docs.oracle.com, Published 2024-08-19).

Oracle EPM Cloud Documentation: 'Oracle 1Z0-1080-20 Planning 2020 Implementation Essentials' (updated for 2024 workflows).

Oracle Planning Documentation: 'Administering and Working with Strategic Workforce Planning' (docs.oracle.com, Published 2024-12-04).

In Oracle Planning 2024, Service Administrators can use the Clone Snapshot feature to create an exact copy of the current application in a target environment. This feature automates all actions required for cloning, including removing the existing application and data in the target environment (if any) and replacing it with a snapshot of the source environment. The process involves exporting a snapshot from the source, deleting the target environment's current application and data, and then importing and applying the snapshot to recreate the application identically.

A . Replicate Snapshot: This is incorrect because 'Replicate Snapshot' is not a defined feature in Oracle Planning. Replication typically implies duplicating data without necessarily overwriting the target, which doesn't align with the requirement of removing existing content.

B . Migration Export: This is incorrect because Migration Export only exports application artifacts (e.g., metadata, data) to a file for manual transfer or backup, but it does not automate the removal of the target environment's content or the import process.

C . Clone Snapshot: This is correct. The Clone Snapshot feature, available under the Environment management tools, fully automates the cloning process, including deletion of the target environment's application and data, followed by the recreation of the source application.

D . Migration Backup: This is incorrect because Migration Backup creates a backup file for recovery purposes but does not involve cloning or overwriting a target environment.

The Oracle Planning 2024 documentation specifies that Clone Snapshot is designed for such end-to-end automation, making it the ideal choice for Service Administrators to replicate an application across environments efficiently.

Oracle Planning 2024 Implementation Study Guide: 'Managing Environments with Clone Snapshot' (docs.oracle.com, Published 2024-09-15).

Oracle EPM Cloud Documentation: 'Cloning Environments in Planning' (docs.oracle.com, Published 2023-10-20, updated for 2024).

After enabling and configuring the Financials module in Oracle Planning 2024, post-configuration tasks are recommended to optimize its functionality and integration. The most relevant task among the options is:

A . Plan headcount and detailed employee compensation by employee, job code, or both: Incorrect. This is a Workforce module task, not a post-configuration task for Financials, which focuses on revenue, expenses, and financial statements, not employee-level planning.

B . Specify the days in Period and to modify account signage for alternate reporting methods: Incorrect. While period setup occurs during initial configuration (e.g., Planning and Forecast Preparation), modifying account signage or days in periods is not a recommended post-configuration task---it's either part of initial setup or an ad-hoc adjustment.

C . Map and rename custom dimensions in Financials that will be used to integrate with other modules: Correct. Post-configuration, mapping and renaming custom dimensions (e.g., Department, Product) ensures seamless integration with other modules like Workforce or Projects. This task aligns dimensions across the application, a common best practice after enabling Financials.

D . Disable features that you do not plan to use: Incorrect. Disabling features is not a typical post-configuration task; features are enabled/disabled during initial configuration via the Configure card, not as a follow-up step.

The Oracle documentation highlights mapping custom dimensions as a recommended post-configuration task to facilitate data integration and reporting, making C the correct answer.

Oracle Planning 2024 Implementation Study Guide: 'Post-Configuration Tasks for Financials' (docs.oracle.com, Published 2024-09-20).

Oracle EPM Cloud Documentation: 'Configuring Financials and Integration' (docs.oracle.com, Published 2023-11-10, updated for 2024).

In Oracle Planning 2024, configuring and post-configuring the Financials module involves tasks to establish its structure and functionality. The three valid configuration or post-configuration tasks are:

A . Adding custom expense driver categories: Incorrect. While Financials supports driver-based planning (e.g., revenue drivers), adding custom expense driver categories is not a standard configuration task---it's more of a customization within forms or rules, not a core setup step.

B . Adding custom dimensions: Correct. Adding custom dimensions (e.g., Region, Product) is a key configuration task in Financials to tailor the module to business needs, often done during or shortly after initial setup.

C . Completing Planning and Forecast Preparation: Correct. This mandatory configuration task defines the planning periods, scenarios, and versions for Financials, setting the foundation for budgeting and forecasting.

D . Setting up exchange rates (for multicurrency applications): Correct. For multicurrency-enabled Financials applications, configuring exchange rates is a critical task during or post-configuration to support currency conversion in financial planning.

E . Removing custom dimensions: Incorrect. Removing dimensions is not a standard configuration or post-configuration task---it's a rare adjustment that could disrupt existing data and is not recommended as part of setup.

The Oracle documentation identifies B, C, and D as essential tasks during or after Financials configuration, ensuring the module meets planning and reporting requirements.

Oracle Planning 2024 Implementation Study Guide: 'Financials Configuration Tasks' (docs.oracle.com, Published 2024-10-15).

Oracle EPM Cloud Documentation: 'Setting Up Financials' (docs.oracle.com, Published 2023-12-15, updated for 2024).