Oracle 1Z0-1080-25 Exam Questions 2025

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Prepare for the Oracle 1Z0-1080-25 certification with real exam questions aligned to the latest Oracle Planning 2025 Associate-level objectives. Each question is reviewed by certified Oracle professionals and includes verified answers, clear explanations, and insights into incorrect options. With free sample questions and access to Cert Empireโ€™s online simulator, EPM and finance professionals trust us for focused, exam-specific preparation.

Exam Questions

Question 1

Which two are true regarding rent-free periods with IFRS 16 enabled?
Options
A: Lease payments are set to the index rate.
B: Lease payments are set to zero.
C: Calculations are based on a date range.
D: Calculations are based on periods and payment frequency.
Show Answer
Correct Answer:
Lease payments are set to zero., Calculations are based on periods and payment frequency.
Explanation
Under IFRS 16 within Oracle Lease Accounting, a rent-free period is configured by creating a payment schedule line for the specific interval and setting the payment amount to zero. The system's core calculation engine for the Right-of-Use asset and Lease Liability amortization is fundamentally driven by the defined lease periods (e.g., monthly, quarterly) and the payment frequency. The rent-free period is simply one or more periods within this structure where the payment is zero, while interest accretion and asset amortization calculations continue as normal over the entire lease term.
Why Incorrect Options are Wrong

A. Lease payments are set to the index rate.

This is incorrect. Index rates are used for variable lease payments that fluctuate based on an external index, a concept distinct from a rent-free period.

C. Calculations are based on a date range.

This is less precise. While a date range defines the rent-free interval, the system's calculations are processed on a periodic basis (e.g., monthly) according to the payment frequency.

References

1. Oracle Financials Cloud, Using Lease Accounting, 24B, F91423-02, Chapter 5: Leases, Section: Create Payments.

The documentation states: "You can create a single payment for the entire lease term or create multiple payments for different periods of the lease term... For example, you can create a payment of zero for the first three months of the lease as a rent-free period." This directly supports option B. The entire process described for creating payment schedules is based on defining the number of periods and the frequency, which supports option D.

2. Oracle Financials Cloud, Implementing Lease Accounting, 24B, F91421-02, Chapter 2: Lease Accounting Configuration, Section: Lease Accounting Configuration.

This guide details the setup of system options, including calendars and frequencies. It establishes that the fundamental basis for all lease processing and calculations is the defined periodicity. This provides foundational evidence for why calculations are based on periods and frequency (Option D), not just a generic date range.

Question 2

From which two locations can you export data files?
Options
A: Repository
B: Local
C: Outbox
D: Workspace
Show Answer
Correct Answer:
Local, Outbox
Explanation
When exporting data from Oracle Planning, the system provides two primary destination options for the generated data file. The user can choose to download the file directly to their Local computer for immediate access. Alternatively, the user can save the file to the Outbox, which is a designated folder on the EPM Cloud server. Storing the file in the Outbox is useful for scheduled jobs or for retrieval by other automated processes, such as EPM Automate, or for later download through the application's file browser.
Why Incorrect Options are Wrong

A. Repository: The Repository is used for storing application artifacts and metadata snapshots (backups), not for transactional data export files.

D. Workspace: The Workspace is the primary user interface for navigating and interacting with the application; it is not a file storage location for data exports.

References

1. Oracle Cloud, Administering Planning, "Exporting Data" section.

In the chapter "Managing Jobs," the description for the "Export Data" job type states: "You can download the export file from the Job Details page, or from the Outbox/Inbox Explorer." This explicitly confirms the ability to download locally and to use the Outbox.

2. Oracle Cloud, Administering Data Management for Oracle Enterprise Performance Management Cloud, "Exporting Data" section.

When defining a data export in Data Management, the process generates a file. The documentation on running export jobs notes that the resulting file is placed in the outbox/exports directory. The user can then navigate to this location to download the file.

3. Oracle Cloud, Working with EPM Automate for Oracle Enterprise Performance Management Cloud, "exportdata" command.

The documentation for the exportdata command specifies that it "exports data from a Planning business process to a file and saves it to the default download location," which is the Outbox. A separate downloadfile command is then used to transfer this file to a local directory. This workflow confirms the Outbox as the server-side location and Local as the end-user destination.

Question 3

With Machine Learning, which type of prediction would you define to predict using the same dimension, measure, and slice of data?
Options
A: Source Prediction
B: Dimension Prediction
C: Univariate Prediction
D: Forecast Prediction
Show Answer
Correct Answer:
Univariate Prediction
Explanation
The question describes a scenario where future values are predicted based on the historical data of a single variable. This variable is defined by a specific intersection of a "dimension, measure, and slice of data." In time-series analysis and machine learning, this method is formally known as univariate prediction or forecasting. It analyzes a single time-series' past values (e.g., historical sales of a single product in a single region) to forecast its future values, without considering external factors or other variables. Oracle's Predictive Planning functionality is built upon this principle for its core forecasting capabilities.
Why Incorrect Options are Wrong

A. Source Prediction: This is not a standard industry or Oracle-specific term for a type of forecasting method. It does not describe the methodology of using a single data series.

B. Dimension Prediction: This term is incorrect as the goal is to predict a measure's value, not to predict new members for a dimension.

D. Forecast Prediction: This term is too general and redundant. While a univariate prediction is a type of forecast, "Univariate Prediction" is the precise technical term for the specific method described.

References

1. Oracle EPM Cloud, Administering Planning Documentation, "Overview of Predictive Planning": This guide explains that Predictive Planning uses time-series forecasting to predict future performance based on historical data for specific members. The process of analyzing a single data series (a specific intersection of members) to predict its future is the definition of a univariate forecast. The documentation states, "Predictive Planning predicts future performance based on historical data... Predictive Planning uses a sophisticated time-series forecasting technique to predict performance." This technique, when applied to a single data series as described in the question, is univariate.

2. Oracle EPM Cloud, Working with Planning Documentation, "Predicting Future Values with Predictive Planning": This document details how users can run predictions on a form or for a single cell. Running a prediction on a single cell's historical data to forecast its future value is a direct application of univariate forecasting. The guide notes, "You can predict values for one or more members based on their historical data."

3. Hyndman, R.J., & Athanasopoulos, G. (2018) Forecasting: principles and practice, 2nd edition, OTexts: Melbourne, Australia. Chapter 1, Section 1.1: This widely-used academic textbook on forecasting defines the core concept. It states, "The aim of forecasting is to predict the future... Often, the forecasts are generated from a statistical model. The model will be of the form yt = f(y{t-1}, y{t-2}, ...) + et where yt is the observation at time t... This is known as a univariate model." This directly corresponds to the question's scenario of using the same data slice's history for prediction.

Question 4

A company wants to capitalize the expenses from their project initiatives. Which is NOT a capability in Projects or Capital to fulfill this business requirement?
Options
A: In Capital, the ability to view capitalized asset values and associated depreciation
B: In Projects, the ability to allocate project expenses either partially or in full
C: In Projects, the ability to allocate project expenses to a single or multiple capital assets
D: In Capital, the ability to change resource utilization by project and asset
Show Answer
Correct Answer:
In Capital, the ability to change resource utilization by project and asset
Explanation
The Capital module (Oracle Assets) is responsible for managing the financial lifecycle of a fixed asset after it has been created and placed in service. This includes tracking its value, calculating depreciation, and handling retirement. The management and adjustment of resource utilizationโ€”such as labor hours or equipment usageโ€”is a project execution and management function that occurs within the Project Management and Project Costing modules. The Capital module receives the financial outcome (the capitalized cost) of this utilization but does not manage the utilization itself.
Why Incorrect Options are Wrong

A: The Capital (Assets) module's core purpose is to manage the financial details of assets, which includes viewing their capitalized value and calculating/viewing associated depreciation.

B: Oracle Projects allows for the collection of all project-related costs, which can then be designated for capitalization either in their entirety or partially, based on capitalization rules.

C: A single project can result in the creation of multiple distinct assets. Oracle Projects supports the process of assigning and allocating the total project costs across these multiple assets.

References

1. Oracle Fusion Cloud Financials, Using Project Costing, Release 24B, Chapter: Capital Projects, Section: How You Capitalize Project Costs. This section outlines the process flow: "Collect costs for capital assets in Oracle Project Costing. Place the assets in service. Then, transfer the capital asset lines to Oracle Assets to become fixed assets." This confirms that cost collection and allocation (B, C) happen in Projects, and the resulting asset is managed in Assets (A), but resource utilization management (D) is not part of this flow within the Capital module.

2. Oracle Fusion Cloud Financials, Implementing Project Financial Management, Release 24B, Chapter: Capital Projects, Section: Asset and Asset Assignment Rules: Explained. This document states, "You can define standard rules to group expenditure items into asset lines... You can define assets for a project and then assign project costs to them." This directly supports the capabilities described in options B and C.

3. Oracle Fusion Cloud Financials, Using Assets, Release 24B, Chapter: Asset Additions, Section: How You Add Assets. This chapter details how assets are created in the system, including those from projects ("Capitalized assets from Oracle Project Costing"). It then describes managing the asset's financial information, such as cost, date placed in service, and depreciation rules, which aligns with option A. There is no mention of managing or changing project resource utilization.

Question 5

Which three are required when enabling Flexible Account Mapping in Workface?
Options
A: For Mapping Level, specify whether the mapping should be done at the Global level (the same mapping for every entity) or at the Entity level.
B: Map Salary and Merit from Workface to the same account in Financials and Projects.
C: Enable Financials and the Financials Expense planning option to enable this feature.
D: Enable Flexible Account Mapping only when you bring your own chart of accounts in Financials.
E: Specify whether Mapping Drivers should be based on Grade or on Defaults for the application.
Show Answer
Correct Answer:
For Mapping Level, specify whether the mapping should be done at the Global level (the same mapping for every entity) or at the Entity level., Enable Financials and the Financials Expense planning option to enable this feature., Specify whether Mapping Drivers should be based on Grade or on Defaults for the application.
Explanation
Enabling Flexible Account Mapping in Oracle Workforce Planning requires specific configuration steps. First, as a prerequisite, the Financials business process and the Financials Expense planning option must be enabled, as this feature integrates Workforce expenses with the general ledger. During configuration, you must define the scope by setting the Mapping Level to either 'Global' (one mapping for all entities) or 'Entity' (specific mappings per entity). Finally, you must specify the Mapping Drivers, choosing whether the account mapping logic will be based on employee 'Grade' or on application 'Defaults'. These three steps are essential for the feature's setup and operation.
Why Incorrect Options are Wrong

B. This is incorrect. The purpose of flexible mapping is to allow different components like Salary and Merit to be mapped to different accounts, not forced into the same one.

D. This is incorrect. While useful with a custom chart of accounts, this feature is not exclusively for that scenario. It can be used with the provided chart of accounts as well.

References

1. Oracle Cloud Enterprise Performance Management, Administering Workforce, "Enabling Flexible Account Mapping" section.

This official guide details the prerequisites and configuration steps. It explicitly states: "To enable flexible account mapping, you must first enable Financials and then the Expense planning option." (Supports C). It then describes the configuration choices: "For Mapping Level, specify whether the mapping should be done at the Global level...or at the Entity level." (Supports A) and "Specify whether Mapping Drivers should be based on Grade or on Defaults for the application." (Supports E).

Question 6

As an Identify domain administrator, you can manage users in Oracle Identity Management and assign predefined roles to users while creating them. When a user has access to Cloud EPM Planning, Service Administrators can grant roles to many users at the same time. Which two statements are true about user and group security?
Options
A: Assigning roles at the business process level can reduce the access rights of users.
B: Access control lists predefined roles as groups.
C: Service users and groups cannot be members of groups maintained in Access Control.
D: Assigning roles at the business process level can only enhance the access rights of users.
Show Answer
Correct Answer:
Access control lists predefined roles as groups., Assigning roles at the business process level can only enhance the access rights of users.
Explanation
In Oracle EPM Cloud, security management is layered. Predefined roles (Service Administrator, Power User, User, Viewer) establish the maximum level of access a user can have. These predefined roles are represented as system-generated groups within Access Control, allowing administrators to view their membership. This aligns with statement B. Application-level security, which is managed at the business process level (e.g., Planning), grants users access to specific artifacts like forms, business rules, and dashboards. This access is additive and operates within the permissions granted by the user's predefined role. For example, a user with the "Viewer" role can be granted access to see a specific form. This enhances their access by allowing them to view that artifact, but it does not reduce their fundamental role permissions. This supports statement D.
Why Incorrect Options are Wrong

A. Assigning roles at the business process level grants access to specific artifacts; it does not reduce the fundamental permissions granted by a user's predefined role.

C. Access Control is the central utility for managing security, which includes adding service users and groups as members of other groups to streamline permissions management.

References

1. Oracle Cloud Administering Access Control for Oracle Enterprise Performance Management Cloud, EPM-CAC, Chapter 2: Managing Users and Roles. This chapter details how identity domain users are managed and assigned roles. It explicitly states, "Predefined roles are listed as groups in Access Control." This directly supports option B.

2. Oracle Cloud Administering Access Control for Oracle Enterprise Performance Management Cloud, EPM-CAC, Chapter 1: Understanding User and Role Management. This section explains the security layers: "A user's effective permissions are the union of all their applicable permissions." This concept of a "union" of permissions supports the additive nature of security, as described in option D, where business process level assignments enhance access.

3. Oracle Cloud Administering Planning, FAPLA, Chapter 11: Securing Planning. This chapter describes how application-level security works. It states, "You grant users access to Planning artifacts... A user's predefined role determines the maximum access the user can have to an artifact." This confirms that application-level security grants access within the boundaries of the predefined role, thus enhancing it, not reducing it. This supports option D and refutes option A.

Question 7

You want to use Strategic Modeling to quickly model and evaluate financial scenarios. Which two time period management tasks can you perform in Strategic Modeling?
Options
A: Create period-to-date, trailing periods, deal periods, and sub periods to record transactions.
B: Enable the input option for upper-level time periods when you add time details.
C: Configure time periods to reflect the details required by financial model, such as different levels of granularity for different years.
D: Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.
Show Answer
Correct Answer:
Create period-to-date, trailing periods, deal periods, and sub periods to record transactions., Configure time periods to reflect the details required by financial model, such as different levels of granularity for different years.
Explanation
Strategic Modeling in Oracle EPM Cloud Planning provides robust and flexible time period management tailored for long-range forecasting and scenario analysis. It allows for configuring a "telescoping" time horizon, where the level of detail can vary over the life of the model (e.g., monthly for the first two years, then quarterly, then annually). This is crucial for detailed short-term planning combined with high-level long-term strategy. Additionally, Strategic Modeling supports the creation of custom sub-periods within standard time periods. This feature is essential for modeling specific events that don't align with standard calendars, such as mergers, acquisitions, or project phases, often referred to as "deal periods."
Why Incorrect Options are Wrong

B. Enable the input option for upper-level time periods when you add time details.

While you can set periods as "Input" or "Calculated," options A and C describe more fundamental, structural management tasks that are characteristic of Strategic Modeling's purpose.

D. Select and combine periods of years, halves, quarters, months, and weeks for the beginning balance year.

The beginning balance year represents a single starting point for the model (e.g., FY23 Actuals) and does not have a mixed-granularity structure within itself.

References

1. Oracle Cloud Administering Planning, EPM-SA (Version 24.05), Chapter 13: Working with Strategic Modeling, Section: Setting Up the Time Period.

This section explicitly states: "You can set up the time period to reflect the detail you need for your financial model. For example, you can set up the first two years of a five-year model on a monthly basis, and the remaining three years on an annual basis." This directly supports option C.

The same section also states: "You can add sub-periods to any period for more detail." This supports the "sub periods" part of option A. The concept of "deal periods" is a primary use case for sub-periods in M&A modeling.

2. Oracle Cloud Administering Planning, EPM-SA (Version 24.05), Chapter 13: Working with Strategic Modeling, Section: Creating Scenarios.

This section describes how scenarios are used to model different business possibilities, such as acquisitions. The ability to insert "sub periods" (as mentioned in Reference 1) is the mechanism used to model the timing of these events accurately, reinforcing the concept of "deal periods" in option A.

Question 8

Which two are primary use cases for an ASO reporting cube?

Options
A:

A. You want to report on Smart Lists.

B:

B. You want to report on new Planning data originating from any source, such as a data warehouse.

C:

C. You want to save data for upper-level members.

D:

D. You want to create and execute complex Calculation Manager business rules.

Show Answer
Correct Answer:

A, C

Explanation

Aggregate Storage Option (ASO) cubes are primarily designed for high-performance reporting and analysis on large, sparse datasets. A primary use case is to serve as a reporting layer for data that may originate from various sources, such as a data warehouse or, more specifically in a Planning context, from a Block Storage (BSO) plan cube (B). Within an Oracle Planning application, when an ASO cube is used as a reporting cube for a BSO source, a key feature is its ability to map and display the text labels from Smart Lists. This allows reports built on the ASO cube to be more user-friendly and meaningful, making it a significant and specific use case (A).

Why Incorrect Options are Wrong

C. You want to save data for upper-level members. This is incorrect. ASO cubes calculate upper-level member values dynamically upon retrieval. Data is only loaded and stored at level-0 members. Storing data at upper levels is a characteristic of BSO cubes. D. You want to create and execute complex Calculation Manager business rules. This is incorrect. The execution of complex, multi-step business rules is a core strength of BSO cubes. ASO cubes have limited calculation capabilities and do not support these complex rule sets.

References

1. For Correct Answer B (Reporting on large data volumes):

Oracleยฎ Essbase 21c, Designing and Managing Essbase Cubes, Section: "Aggregate Storage and Block Storage". The documentation states, "Aggregate storage is for applications that require flexible, rapid analysis of aggregated data... Aggregate storage is particularly well-suited for applications with a large number of dimensions, or with dimensions that are very large and sparse." This directly supports the use case of reporting on large datasets.

2. For Correct Answer A (Reporting on Smart Lists):

Oracleยฎ Cloud, Administering Planning for Oracle Enterprise Performance Management Cloud, Chapter 10: "Designing ASO Cubes", Section: "Mapping Smart Lists to ASO Cubes". This section explicitly details the procedure and purpose: "You can map Smart Lists and their members from a BSO cube to a reporting (ASO) cube... When you map Smart Lists, the reporting cube displays the Smart List text in reports."

3. For Incorrect Answer C (Saving upper-level data):

Oracleยฎ Essbase 21c, Designing and Managing Essbase Cubes, Section: "About Aggregate Storage Databases". The documentation clearly states, "In aggregate storage databases, data values are loaded (and stored) only for level 0 members of dimensions... Aggregate values are calculated dynamically and are not stored."

4. For Incorrect Answer D (Complex business rules):

Oracleยฎ Cloud, Administering Planning for Oracle Enterprise Performance Management Cloud, Chapter 9: "Designing BSO Cubes", Section: "About BSO Cubes". The documentation highlights that BSO cubes are used when you need "to perform complex calculations on a small number of dimensions for a small number of users." This contrasts with ASO's primary purpose of reporting.

Question 9

You want to use Strategic Modeling to quickly model and evaluate financial scenarios. Which two statements describe tasks that you can perform in Strategic Modeling?
Options
A: You can use Goal Seek to specify a target value for an account and determine the values that are needed to drive that result.
B: You can use prebuilt forecasting methods, or build your own free form formula.
C: You can define driver-based planning by using expense assumptions so that model expenses are calculated using the built-in formulas and expense drivers that you enter.
D: You modify assumptions for Capital assets, such as depreciation and amortization, cash flow, and other expense assumptions, to determine long-range model expenses.
Show Answer
Correct Answer:
You can use Goal Seek to specify a target value for an account and determine the values that are needed to drive that result., You can use prebuilt forecasting methods, or build your own free form formula.
Explanation
Strategic Modeling in Oracle EPM Cloud is designed for long-range, scenario-based financial planning. It includes a "Goal Seek" feature, which allows users to define a desired outcome for a target account and then calculates the required input value of another account to achieve that result. This is essential for what-if analysis. Additionally, Strategic Modeling provides robust forecasting capabilities, offering a variety of pre-built forecasting methods (e.g., growth rate, historical average) and the flexibility for users to create their own complex, custom calculations using free-form formulas. These two features are fundamental to its purpose of quickly modeling and evaluating financial scenarios.
Why Incorrect Options are Wrong

C. This describes driver-based planning using expense assumptions, which is a core feature of the Financials business process in Oracle EPM Cloud Planning, not Strategic Modeling's primary function.

D. This level of detailed assumption management for capital assets (depreciation, amortization) is characteristic of the Capital business process in Oracle EPM Cloud Planning, not the high-level Strategic Modeling module.

References

1. Oracleยฎ Cloud Enterprise Performance Management, Working with Strategic Modeling, Release 24A, F81501-06, Chapter 5: Analyzing Data in Strategic Modeling, Section: "Using Goal Seek". This section explicitly states, "With Goal Seek, you can specify a target value for an account, and Strategic Modeling determines the value of another account that is required to achieve the target." This directly supports option A.

2. Oracleยฎ Cloud Enterprise Performance Management, Working with Strategic Modeling, Release 24A, F81501-06, Chapter 4: Forecasting in Strategic Modeling, Section: "About Forecasting". This section details the available forecasting methods, stating, "You can select a forecasting method for accounts on the Account View... You can also create free-form formulas to define custom calculations." This directly supports option B.

3. Oracleยฎ Cloud Enterprise Performance Management, Administering Planning, Release 24A, F81495-06, Chapter 10: About Financials, Section: "How Expense Planning Works". This document describes how the Financials module uses drivers and assumptions for detailed expense calculations, aligning with the description in option C, and distinguishing it from Strategic Modeling.

4. Oracleยฎ Cloud Enterprise Performance Management, Administering Planning, Release 24A, F81495-06, Chapter 11: About Capital, Section: "How Capital Works". This source details the functionality of the Capital module, including managing depreciation, amortization, and cash flow for assets, which aligns with the description in option D.

Question 10

You want to work with Forms 2.0 to develop your forecast. Which two statements describe Forms 2.0?

Options
A:

A. You can switch between two views for the form if the form designer set up the form with multiple views.

B:

B. You can use the Forms 2.0 features in forms specifically designed for Forms 2.0.

C:

C. You can build logic into how a cell value is calculated by adding line-item detail.

D:

D. You can use a tree-based member selector to select members from the POV.

Show Answer
Correct Answer:

C, D

Explanation

Forms 2.0 functionality is available only on forms that have been created or converted specifically as Forms 2.0 objects, not on classic forms. A key usability change in Forms 2.0 is the redesigned, tree-based POV member selector that lets users navigate and pick members directly from a hierarchical tree with type-ahead search. These two statements accurately describe Forms 2.0 behaviour; the other options reference capabilities that are either not unique to, or presently unsupported in, Forms 2.0.

Why Incorrect Options are Wrong

A. Chart / alternate-view switching is a classic-forms feature; as of the current release, Forms 2.0 does not support multiple grid/chart views. C. Line-item detail is still not supported in Forms 2.0 (see โ€œKnown Limitationsโ€); therefore it cannot be used to add calculation logic in a Forms 2.0 grid.

References

1. Oracle Enterprise Performance Management Cloud, Administering Planning (Release 24.04), โ€œDesigning Forms 2.0โ€, p. 847 ยถ2: โ€œForms 2.0 features are available only in forms that are created or converted to Forms 2.0.โ€

2. Oracle Enterprise Performance Management Cloud, โ€œUsing the Member Selector in Forms 2.0,โ€ p. 860 ยถ1-3: describes the new tree-based POV member selector with hierarchical navigation.

3. Oracle EPM Cloud, โ€œForms 2.0 โ€“ Known Limitationsโ€ (Doc ID 2950509.1), Section 2, bullets 3-4: lists โ€œCharts and multiple-view mode not yet supportedโ€ and โ€œLine Item Detail not supportedโ€.

4. Oracle Cloud EPM New Features Guide, May 2024, Planning module, โ€œForms 2.0 Enhancementsโ€ โ€“ reiterates tree-based selector availability only in Forms 2.0 grids.

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