Free Oracle 1z0-1080-24 Practice Test & Real Exam Questions

Exam Code/Number: 1z0-1080-24
Exam Name/Title: Oracle Planning 2024 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Oracle Enterprise Planning and Budgeting Cloud Service

Exam Questions: 52
Updated On: Jul 03, 2026

Question #13

In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC
842 standards?

A. You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset.

B. Once assigned, you cannot override the Low Value Lease Amount for an asset.

C. If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset.

D. Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones.

E. To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency.

Discussion 0

Correct Answer: A,B,C Vote an answer

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Question #14

Which two can be used to push data between cubes?

A. Import Data

B. Data Maps

C. Data Integration

D. Copy Data

Discussion 0

Correct Answer: B,D Vote an answer

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Question #15

Which three are configuration or post-configuration tasks for Financials?

A. Adding custom dimensions

B. Setting up exchange rates (for multicurrency applications)

C. Completing Planning and Forecast Preparation

D. Removing custom dimensions

E. Adding custom expense driver categories

Discussion 0

Correct Answer: A,B,C Vote an answer

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Question #16

Which three form validation rules options are supported in Planning?

A. Validate for all page combinations and all existing or potential blocks

B. Validate only for users with access to this form

C. Validate only for pages with existing blocks

D. Validate rules as Service Administrator, regardless of logged-in user, when the form is loaded or saved

E. Validate only for cells and pages to which a user has access

Discussion 0

Correct Answer: A,C,E Vote an answer

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Question #17

Which three tasks can you perform on the Dimensions page to manage dimensions in a Custom Planning application?

A. Set the Evaluation Order.

B. Select the dimension density.

C. Clear dimension members.

D. Delete dimensions.

E. Set the order of precedence.

Discussion 0

Correct Answer: A,D,E Vote an answer

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Question #18

You want to budget for future headcount and related personnel expenses such as salary, benefits, and taxes.
Which module do you enable and configure to budget for these expenses?

A. Workforce

B. Financials

C. Strategic Modeling

D. Sales Planning

Discussion 0

Correct Answer: A Vote an answer

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