Curious about Actual Oracle Cloud (1Z0-1080-24) Exam Questions?

Correct : B, D

In Oracle Planning 2024, configuring Insights with Auto Predict allows users to analyze past and predicted data to uncover patterns and insights. Oracle provides specific guidelines to ensure effective implementation:

A . For future data, create a new insight by leveraging templates that include insight definitions: Incorrect. While templates can be used to set up Insights, this is not a specific Oracle guideline for implementing Auto Predict. Auto Predict relies on historical data and predictive algorithms, not predefined insight templates for future data.

B . For historical data, there should be at least twice the amount of historical data as the number of prediction periods: Correct. Oracle recommends having sufficient historical data---specifically, at least twice the number of periods you intend to predict---to ensure the accuracy of Auto Predict's machine learning algorithms. For example, predicting 12 months requires at least 24 months of historical data.

C . For historical data, create the Insights job using the lowest level of Period members possible so that the greatest amount of historical data can be used: Incorrect. While granularity matters, Oracle does not mandate using the lowest level of Period members (e.g., days instead of months) as a guideline. The focus is on the quantity of historical data, not necessarily the lowest level of aggregation.

D . For future data, first run predictions in a test environment to ensure there is no impact on production data: Correct. Oracle advises testing Auto Predict in a non-production environment to validate results and avoid unintended impacts on live data, aligning with best practices for predictive analytics deployment.

The two guidelines---B and D---are explicitly outlined in Oracle's documentation for Insights and Auto Predict to ensure reliable predictions and safe implementation.

Oracle Planning 2024 Implementation Study Guide: 'Configuring Insights and Auto Predict' (docs.oracle.com, Published 2024-10-15).

Correct : C, D, E

In Oracle Planning 2024, Smart Push is a feature within data maps that enables efficient, real-time data movement between Oracle EPM Cloud applications or instances. It copies data dynamically when triggered (e.g., via forms or rules). The three supported ways to create data maps with Smart Push are:

A . From Planning to Tax Reporting Cloud: Incorrect. Smart Push does not support direct data movement from Planning to Tax Reporting Cloud, as these modules lack a predefined integration path for this feature.

B . From Tax Reporting Cloud to Planning: Incorrect. Similarly, Smart Push does not facilitate data movement from Tax Reporting Cloud to Planning.

C . From Financial Consolidation and Close to Planning: Correct. Smart Push supports moving consolidated data (e.g., actuals) from Financial Consolidation and Close (FCC) to Planning for planning purposes.

D . From Planning to Financial Consolidation and Close: Correct. Smart Push allows pushing planned data from Planning to FCC for consolidation or reporting.

E . Between two Planning instances: Correct. Smart Push can move data between two Planning instances (e.g., test and production environments) to synchronize data.

These three options---C, D, and E---are explicitly supported by Smart Push in Oracle EPM Cloud, as per the documentation, enabling seamless data integration across these applications.

Oracle Planning 2024 Implementation Study Guide: 'Using Smart Push in Data Maps' (docs.oracle.com, Published 2024-09-30).

Oracle EPM Cloud Documentation: 'Data Integration with Smart Push' (docs.oracle.com, Published 2023-12-20, updated for 2024).

Correct : D

In Oracle Planning 2024, predefined roles in Cloud EPM determine user permissions. The requirement is for a role that allows a Planning user to create and administer Planning or Planning Modules and service components, as well as grant permissions to other users. Among the options:

A . System Administrator: Incorrect. This role exists in some Oracle systems but is not a Cloud EPM predefined role specific to Planning. It's too broad and not aligned with EPM terminology.

B . Approvals Administrator: Incorrect. This role manages approval processes (e.g., workflows) but does not include creating/administering applications or granting permissions beyond approvals.

C . Identity Role Administrator: Incorrect. While this role manages identity and access (e.g., assigning roles), it does not allow creating or administering Planning applications or service components.

D . Service Administrator: Correct. The Service Administrator role in Cloud EPM allows users to create and manage Planning applications, configure modules and service components (e.g., forms, rules), and assign permissions to other users via access control.

The Service Administrator role is the highest-level predefined role in Oracle EPM Cloud for Planning, encompassing application management and user permission assignments, making it the correct choice.

Oracle Planning 2024 Implementation Study Guide: 'Predefined Roles in Cloud EPM' (docs.oracle.com, Published 2024-08-25).

Oracle EPM Cloud Documentation: 'Managing Users and Roles' (docs.oracle.com, Published 2023-10-30, updated for 2024).

Correct : B, C

In Oracle Planning 2024, importing data from a file and saving the operation as a job involves specific steps and options. The two true statements about Import Data jobs are:

A . Reference a data file stored locally when creating the Import Data job: Incorrect. Oracle EPM Cloud does not allow referencing files stored locally on a user's machine for Import Data jobs. Files must be uploaded to the cloud environment (e.g., Inbox) for processing.

B . Select the option to clear data before import: Correct. When configuring an Import Data job, you can choose to clear existing data in the target before importing new data. This option ensures a clean slate for the import, avoiding data duplication or overlap, and is a standard feature in the job setup.

C . Upload your data file to the Inbox before running the Import Data job: Correct. Oracle requires that data files be uploaded to the Inbox (or another cloud storage location like the Outbox) before scheduling or running an Import Data job. The job then references this uploaded file for execution.

D . Include the path for the data file stored on the server: Incorrect. While you specify a file name in the job definition, you do not manually include a server path. The system automatically manages file locations within the cloud environment (e.g., Inbox), and users select files from there, not via explicit server paths.

The documentation confirms that uploading the file to the Inbox and optionally clearing data are key aspects of setting up an Import Data job, making B and C the true statements.

Oracle Planning 2024 Implementation Study Guide: 'Importing Data and Creating Jobs' (docs.oracle.com, Published 2024-10-20).

Oracle EPM Cloud Documentation: 'Managing Data Import Jobs' (docs.oracle.com, Published 2023-11-05, updated for 2024).

Correct : B, C

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.

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).