Free 1Z0-1080-26 Practice Test Questions and Answers (2026) Practice Questions

When enabling pre-built business processes like Financials or Capital, you don't create custom dimensions from scratch. Instead, the framework provides a set of placeholder dimensions (e.g., Custom1, Custom2). To use them, you navigate to the configuration task for the business process (e.g., Configure: Financials), and within the Map/Rename Dimensions section, you enable and rename these placeholders to fit your specific business needs. This process maps the generic custom dimension to your business-specific requirement.

A. Application Overview is used to enable or disable entire business processes and features, not for creating or renaming individual dimensions within them.

B. This describes adding a dimension to a custom BSO/ASO cube, not the specific process for enabling custom dimensions within a pre-built business process.

C. Data Management is a tool for loading data and metadata into existing dimensions; it is not used to create or define the application's dimensional structure.

1. Oracle® Cloud Administering Planning for Oracle Enterprise Performance Management Cloud

Release 24.05

F85953-11

Chapter 6: "Customizing Financials". Section: "Mapping and Renaming Custom Dimensions". The documentation states

"For custom dimensions that you want to use in the business process

on the Map/Rename Dimensions tab

select Enable. Then

rename the dimension."

When enabling Workforce features for the first time, certain foundational choices must be made that cannot be altered later. The option to include Employee Demographics (such as gender, veteran status, or ethnicity) is one such choice. If you do not select this option during the initial setup, you cannot add it incrementally later without re-creating the application. This is because it fundamentally alters the dimensionality and structure of the Workforce cube. Other features can typically be enabled incrementally after the initial setup.

A. Mapping Projects with Workforce is a configuration step for integration, not a one-time, irreversible feature enablement choice within Workforce setup.

C. This describes a data integration process between Assets and Workforce, not a foundational feature that must be enabled at the very beginning.

D. Consolidating reports and pushing data to Strategic Modeling is a reporting and integration strategy, not a feature that must be enabled during initial setup.

- Oracle® Cloud Enterprise Performance Management Cloud

Administering Planning Modules

E93973-28

Chapter 3

"Enabling Workforce Features

" Section "Workforce Features You Can Enable

" p. 38. The documentation notes: "You must select Employee Demographics the first time you enable features. You can't enable this feature later."

Groovy business rules provide advanced calculation and data manipulation capabilities within Oracle EPM Cloud Planning. They can be created and edited in application types that allow for custom business logic. This includes Custom applications, which are built from scratch; Module-based applications (part of the Enterprise SKU, such as Financials or Workforce), where Groovy can extend the pre-built functionality; and FreeForm applications, which offer maximum flexibility for custom model development.

B. Hybrid is a cube storage and processing architecture (combining BSO and ASO features), not a distinct application type. Groovy rules can run on hybrid cubes, but "Hybrid" is not the application category.

E. Reports are part of the reporting and analysis layer (Narrative Reporting or Reporting Web Studio). They are used for data visualization and do not execute server-side Groovy business rules like Planning applications do.

1. Oracle Cloud. (2024). Designing with Calculation Manager for Oracle Enterprise Performance Management Cloud. Release 24.02

Chapter 11

"Working with Groovy Business Rules

" section "About Groovy Business Rules." The documentation specifies that Groovy rules are supported in Planning (Custom)

Planning Modules (Module)

and FreeForm applications.

The predefined navigation flow for both the Revenue and Expenses card clusters in the Financials business process is designed to guide users through a logical planning sequence. It starts with a high-level "Overview," then moves to planning methods like "Driver and Trend Based" for automated calculations. For more specific scenarios, "Rolling Forecast" and "Direct Entry" cards are available. Finally, the "Income Statement" card allows users to see the consolidated results of their inputs. This sequence provides a structured approach from high-level analysis to detailed input and final review.

B. This sequence is illogical; for example, an "Overview" would typically come at the beginning, not after detailed input methods.

C. This order is also not standard. High-level overviews generally precede detailed input methods like "Direct Input" or "Driver Based" planning.

D. This option lists several components, but the sequence is not the standard one provided in the out-of-the-box navigation flow.

1. Oracle Cloud EPM

Working with Planning for Financials

"Navigating in Financials

" Section: "Financials Cards and Clusters." The documentation illustrates the default layout

showing the sequence of cards for Revenue and Expense planning starts with Overview

followed by Driver and Trend Based

Direct Entry

and concludes with reporting forms like the Income Statement.

Data maps, which are used by the Smart Push feature, define the data movement between a source and a target cube. Oracle EPM Cloud supports creating these maps for several key integration paths. This includes pushing data from a Planning application to Financial Consolidation and Close (D), pulling data from Financial Consolidation and Close into Planning (C), and moving data between two separate Planning cloud instances (E). These paths facilitate common planning, consolidation, and reporting cycles.

A. While pushing data from Planning to Tax Reporting is a valid path, the question asks for three, and C, D, and E represent the most fundamental integration patterns with core EPM modules.

B. Pushing data from Tax Reporting to Planning is a valid data map configuration, but it is generally less common than the other options listed.

Oracle Cloud EPM

Administering Planning

"Pushing Data". The documentation states you can use Smart Push to move data "...between different Planning environments

or from Planning to another Oracle EPM Cloud service

such as Financial Consolidation and Close..." This confirms options D and E.

Oracle Cloud EPM

Administering Financial Consolidation and Close

"Managing Data Maps". The documentation states: "The source can be a Financial Consolidation and Close cube. The target can be a cube in another EPM Cloud service

such as Planning." This confirms option C.

Mass Update forms in the Workforce module are powerful tools for managing employee and job data in bulk. They allow administrators and planners to perform two key actions efficiently. First, they can add new records for existing employees, such as a new job assignment or a compensation change, and automatically apply pre-configured defaults. Second, they can modify the properties of existing records, such as changing an employee's status or location, and override any default assignments or rates with specific values as needed.

A: Mass Update forms are primarily for adding or updating data, not for mass deletion of specific data points like salary.

B: This is incorrect; Mass Update forms are specifically designed to handle such scenarios, allowing you to add new records for existing employees.

- Oracle EPM Cloud

Administering Workforce Planning

"Updating Employee and Job Data". The documentation describes using Mass Update forms to "add a new record for an existing employee" and to "change existing properties and override default assignments and rates." This confirms the actions listed in options C and D are primary functions of these forms.

Within the Workforce module, Oracle Planning provides several forms for performing mass updates. The specific form designed to update employee properties (e.g., status), job properties (e.g., title), or salary-related information (e.g., grade, rate) for multiple employees simultaneously is the "Synchronize Definitions" form. This tool is essential for administrators to efficiently manage changes across a large workforce, such as applying cost-of-living adjustments or reorganizing job roles. It directly modifies the core definitional data for selected employees or jobs.

A. Synchronize Defaults: This form applies changed default values from job settings to existing employees; it does not perform arbitrary mass updates of properties.

B. Process Updated Data: This form is used to run compensation calculations after data has been updated, not to perform the update itself.

C. Process Data and Synchronize Defaults: This is a composite action that runs calculations and synchronizes defaults, but it is not the primary form for mass property updates.

Oracle Cloud

Administering Workforce

EPM-WFP

"Performing a Mass Update". The documentation specifies the purpose of each mass update form

stating for "Synchronize Definitions": "Update employee properties

job properties

or salary-related information for a group of existing employees."

To integrate Financials, Workforce, and Projects and share the Project dimension, two key configurations are required in the Workforce module. First, since Workforce does not have a native Project dimension, a custom dimension must be enabled and renamed to "Project" to match the dimension in the other modules, enabling it to be shared. Second, to "track employee utilization," the planning granularity in Workforce must be set to include "Employee." This ensures that plans and actuals are captured at the individual employee level, which is necessary to assign them to projects and track their specific contributions.

A. In Projects, ensure that the Employee driver-based expense is enabled: This is a subsequent step in the Projects module to pull data, not a prerequisite for sharing the dimension or setting the required granularity in Workforce.

D. In Financials, rename one of the custom dimensions to "Project" and enable it: Financials has a native Project dimension that can be enabled directly; renaming a custom dimension is incorrect and unnecessary.

1. Oracle Cloud EPM

Administering Projects

EPM-PJ

"Integrating Projects with Other Business Processes

" Section: "Integrating with Workforce." The documentation explicitly states the prerequisites: "In Workforce

enable a custom dimension and rename it to Project" and "In Workforce

ensure the planning granularity includes Employee."

2. Oracle Cloud EPM

Administering Workforce

EPM-WF

"Integrating Workforce with Other Business Processes

" Section: "Setting up Integration with Projects." This guide confirms that to share project details

a custom dimension must be configured as the Project dimension and that employee-level detail is required for utilization tracking.

In Workforce, the Merit Assumptions option lets administrators enter parameters that control merit processing, including 1) Hire Cut-Off Date—employees hired after this date are ineligible for merit—and 2) Merit Month—the month in which merit increases begin. Enabling Merit Assumptions therefore satisfies both requirements stated in the scenario.

A. Workforce Assumptions covers generic items such as default working hours, not hire cut-off or merit timing.

C. Merit Rates stores percentage or amount rates but does not define eligibility dates or start month.

D. Merit Month is a single assumption value visible only after Merit Assumptions is enabled; it is not itself an enable-option.

1. Oracle EPM Cloud

Administering Workforce Planning

“Setting Up Merit Assumptions

” Table 3-4 (Merit Month

Hire Cut-Off Date).

2. Oracle EPM Cloud

Administering Workforce Planning

“Enabling Workforce Features

” step 4 (enable Merit Assumptions).

Under IFRS 16, a rent-free period is a type of lease incentive. Within Oracle's lease accounting solution, this is modeled by setting the lease payments to zero for the specified duration. The system defines these periods not by a continuous date range, but by discrete planning periods (e.g., Jan-23, Feb-23) in conjunction with the lease's overall payment frequency (e.g., Monthly, Quarterly). This allows the calculations for the Right-of-Use asset and Lease Liability to correctly account for the zero cash flow during those specific periods while amortizing the total lease cost over the entire lease term.

A. The index rate is used for calculating variable lease payments that are tied to an index like the CPI, not for rent-free periods.

C. While the period occurs within a date range, the system's calculation logic is based on discrete periods and frequency, which is a more precise description.

- Oracle® Cloud Enterprise Performance Management Cloud

Administering Capital

F54463-03

Chapter 4

"Managing Leases

" Section "Adding Leases

" p. 58. (Describes setting up lease terms

including payment amounts and frequency).

- Oracle® Cloud Enterprise Performance Management Cloud

Administering Capital

F54463-03

Chapter 4

"Managing Leases

" Section "Lease Incentives

" p. 61. (Explains that incentives like rent-free periods affect the initial measurement of the lease liability and right-of-use asset

which implies a zero payment for the period).

In Oracle EPM Planning Financials, configuration and post-configuration tasks include setting up custom dimensions to meet specific business requirements, completing Planning and Forecast Preparation to initialize the application for use, and configuring exchange rates for multicurrency applications. These are essential steps in the implementation process. Custom expense driver categories are predefined in Financials and cannot be added as custom items, while removing dimensions would be a modification task rather than a configuration task.

A. Adding custom expense driver categories - Financials uses predefined driver categories; custom categories cannot be added.

E. Removing custom dimensions - This is a modification/maintenance task, not a configuration or post-configuration task.

1. Oracle EPM Cloud Administering Planning

Release 23.12

Chapter 4 "Configuring Planning Applications"

pp. 4-15 to 4-22

2. Oracle EPM Planning Financials Implementation Guide

Release 23.12

Section "Post-Configuration Tasks"

pp. 3-8 to 3-12

3. Oracle EPM Cloud Planning Modules Documentation

"Setting Up Financials"

Section 2.4 "Currency Configuration"

4. Oracle EPM Planning Administrator's Guide

"Managing Dimensions and Members"

Chapter 7

pp. 7-3 to 7-8

5. Oracle EPM Cloud Best Practices Guide

"Planning Implementation Checklist"

Document ID: 2687522.1

The promotional path of an approval unit is determined by its hierarchy and the assigned owners. The most direct way to affect this path is to manually modify the owners and reviewers for specific approval units via the user interface; these changes can also be cascaded to descendants. A more dynamic method involves using business rules (data rules) to change member properties, such as attributes, that are used to define ownership. By changing an entity's attribute value, a rule can dynamically alter its assigned owner, thereby changing the promotional path without manual intervention.

B. Task lists guide users through a sequence of actions (like opening forms or running rules) but do not define or alter the approval unit promotional path itself.

C. The Approval Audit feature is a historical log used for tracking and reporting on the approvals process; it cannot be used to modify the future promotional path.

Oracle Cloud Administering Planning for Oracle Enterprise Performance Management Cloud

Chapter 10: Managing Approvals

Section: "Assigning Approval Unit Owners and Reviewers". This section details the manual process of changing owners.

Oracle Cloud Administering Planning for Oracle Enterprise Performance Management Cloud

Chapter 10: Managing Approvals

Section: "Defining the Approval Unit Hierarchy". This section notes

"You can also use an attribute dimension to define the approvals hierarchy... This enables you to dynamically change the approvals hierarchy by changing the attribute assigned to a member." Business rules can change these attributes.

FreeForm applications provide the flexibility of a native Essbase environment within the Oracle EPM Cloud platform. Their defining characteristic is the "open dimensional cube construct," which means they are not bound by the required, standard dimensions of a typical Planning application (B). This allows administrators to design and build custom BSO, ASO, or Hybrid BSO cubes tailored to specific modeling needs. A key benefit is that this Essbase-like flexibility is combined with the rich feature set of the Planning platform, including forms, business rules, dashboards, and Smart View (D).

A. While migrating an Essbase LCM snapshot is a valid creation method, it is not a defining characteristic, as FreeForm apps can also be built from scratch.

C. EPM Cloud has system-restricted member names. Attempting to import an Essbase outline with names that conflict with these restrictions would result in an error.

Oracle Cloud Enterprise Performance Management

Administering FreeForm

"What are FreeForm Apps?". The documentation states

"FreeForm enables you to create an application with no dimension requirements... You can deploy a cube with a model of your choice... With FreeForm

you can... model and build your own Hybrid BSO or ASO cube while preserving the ability to leverage Planning functionalities..."

In Strategic Modeling, the account structure is flexible. You can add new accounts as siblings to existing standard accounts to expand the chart of accounts. Subaccounts are used to provide a more granular level of detail for a main account. When created, subaccounts inherit key attributes, such as account type and time balance property, from their parent main account. This inheritance is consistent across all time periods, both historical and forecast, ensuring calculation consistency.

A. Creating subaccounts for one account does not automatically create them for other related accounts. This must be done manually for each main account you wish to detail.

B. Standard accounts, like account 2040 which is part of the default template, cannot be deleted. You can only delete user-defined accounts.

- Oracle® Cloud Enterprise Performance Management Cloud

Administering Strategic Modeling

E93971-19

"Managing Accounts

" Section "Adding Accounts

" p. 101. (Confirms adding sibling accounts).

- Oracle® Cloud Enterprise Performance Management Cloud

Administering Strategic Modeling

E93971-19

"About Subaccounts

" p. 104. (Confirms subaccounts inherit attributes).

- Oracle® Cloud Enterprise Performance Management Cloud

Administering Strategic Modeling

E93971-19

"Managing Accounts

" Section "Deleting Accounts

" p. 103. (Confirms standard accounts cannot be deleted).

When configuring Insights in Oracle Planning Cloud, you can leverage the results from Auto Predict as a basis for generating insights, allowing for analysis of forecasted data against historicals. The configuration is flexible, enabling you to select a single type of insight (e.g., Anomaly) or multiple types (e.g., Anomaly and Forecast Bias) to be generated for the same defined data slice. This allows for a comprehensive analysis tailored to specific business questions. The configuration focuses on defining the data slice and the nature of the insight, not on creating the dashboard views themselves.

A. Insights are displayed on dashboards, but the configuration of an insight does not involve creating or editing the data views; it defines the data slice and analysis type.

C. You can define insights for up to 500 data intersections (members) per dimension, not 1000.

Oracle Cloud Administering Planning for Oracle Enterprise Performance Management Cloud

Chapter 13: Working with Auto Predict

Section: "Configuring Insights". This section states

"For Insight Type

select one or more types of insights to run" and "You can run insights on historical and predicted data."

Oracle Cloud Administering Planning for Oracle Enterprise Performance Management Cloud

Chapter 13: Working with Auto Predict

Section: "Defining the Data Slice for Insights". This section specifies the limit: "You can select up to 500 members for each dimension."

In Oracle EPM Cloud Planning, the time frame (start and end periods) and granularity (e.g., Monthly, Quarterly, Weekly) for the Plan and Forecast scenarios within the Financials module are configured specifically in the "Planning and Forecast Preparation" component. This guided process allows administrators to define the current fiscal year, period, and the planning frequency for each year of the plan and forecast, tailoring the module's temporal structure to the organization's specific planning cycle requirements.

B. Manage Time Periods is a general application-level utility for the time dimension, not the specific configuration wizard for Financials plan scenarios.

C. Seasonality Management is used to define and apply seasonal patterns to spread data, not to set the overall planning time frame.

D. Valid Intersections are rules that restrict data entry to specific dimensional combinations, unrelated to time frame configuration.

1. Oracle Help Center

EPM Cloud - Administering Financials

"Configuring Financials". This document explicitly details the "Planning and Forecast Preparation" step

stating

"You set the current fiscal year and period for plan and forecast data

and the planning frequency for Plan and Forecast scenarios."

2. Oracle University

"Oracle Planning 2023 Certified Professional" courseware

Module: "Configure Financials". The course material identifies "Planning and Forecast Preparation" as the specific tool for setting the time frame and granularity for the business process.

Cell-level security is the appropriate feature for this requirement. It allows administrators to define access rights to specific cells, or intersections of data, based on a conditional expression. In this scenario, a rule can be created to grant the manager write access to all accounts for their specific department, while a second rule can restrict their access to only a single specific account for all other departments. This provides the necessary granular control that standard member-level security cannot.

A. Member security applies access rights to an entire dimension member (e.g., an entire department or account), which is not granular enough for this specific scenario.

B. Artifact security controls access to objects like forms, dashboards, and business rules, not the underlying data cells within the cube.

D. Access control is a general term. Cell-level security is the specific Oracle EPM Cloud feature that implements this type of granular access control.

- Oracle® Cloud Enterprise Performance Management Cloud

Administering Planning

F54470-03

Chapter 12

"Administering Application and System Security

" Section "About Cell-Level Security

" p. 261.

- Oracle® Cloud Enterprise Performance Management Cloud

Administering Planning

F54470-03

Chapter 12

"Administering Application and System Security

" Section "Designing Cell-Level Security

" p. 262.

In IPM Insights, events are used to explain historical data anomalies, such as sudden spikes or declines caused by specific occurrences (B). These can be one-time or recurring situations like product launches or marketing campaigns. By identifying these events, the predictive engine can better understand the underlying business trends. This capability also helps in forward-looking planning; by modeling future occurrences of similar events, you can anticipate their impact on forecasts, thus taking advantage of opportunities or mitigating risks (D).

A. Inactive events are ignored during prediction; only events marked as active are considered by the IPM Insights engine.

C. Events are used to explain and isolate spikes, not to normalize or distribute them across a period, which would distort the historical data.

E. You have control over how events are used; the system allows you to exclude the impact of historical events from the baseline forecast if desired.

1. Oracle Cloud. (2024). Administering Planning for Oracle Enterprise Performance Management Cloud. Release 24.02

Chapter 16

"Using IPM Insights

" section "About Events." This section describes events as "one-off or recurring events that historically led to spikes or declines in data" and notes their use in helping "plan ahead for the events and take advantage of opportunities."

IPM Insights in Oracle EPM Cloud Planning is designed to uncover trends and anomalies in data automatically. Two key types of insights it provides are outlier detection and forecast bias detection. Outlier detection identifies data points that deviate significantly from the rest of the dataset, which could indicate errors or unusual events. Forecast bias detection analyzes historical forecast submissions against actuals to reveal systematic tendencies of planners to overstate or understate their forecasts, helping to improve forecast accuracy.

A. Prebuilt forecasting methods and freeform formulas are tools used for creating predictions and forecasts, not the "insights" derived from analyzing the data.

C. Assigning a range of possible values to uncertain inputs describes Monte Carlo simulation, a feature available in the Strategic Modeling module, not IPM Insights.

1. Oracle® Cloud Enterprise Performance Management Cloud

Administering Planning

Release 24.05

Chapter 16

"Using IPM Insights

" Section: "About IPM Insights." This section details the capabilities: "Insights find and highlight important information for you

such as... data patterns such as forecast bias... and outliers."

2. Oracle® Cloud Enterprise Performance Management Cloud

Working with Planning

Release 24.05

Chapter 14

"Analyzing Data Using IPM Insights

" Section: "Insight Types." This section explicitly lists "Outlier detection" and "Forecast bias detection" as configurable insight types.

Application Diagnostics is a tool for Service Administrators to validate an application's design and identify potential issues. The tool provides flexibility in its scope. An administrator can run the diagnostics on the entire application to get a comprehensive overview. For a more focused analysis, they can choose to evaluate all artifacts of a specific type, such as all forms or all approval units. For granular troubleshooting, the tool also allows for the selection and diagnosis of individually selected artifacts.

A. Application Diagnostics checks for design flaws and best practice violations in artifacts; it does not analyze or evaluate server-side error log files.

B. The diagnostics tool runs against a live, provisioned application. It does not directly evaluate or analyze offline migration snapshots (LCM files).

Oracle® Cloud Enterprise Performance Management Cloud

Administering Planning

EPM-ADM

"Diagnosing an Application

" Release 24.05

Document ID: F88483-03. The documentation states

"You can run diagnostics on the entire application

on a specific artifact type (for example

all forms or all business rules)

or on a specific artifact (for example

one form)." This directly supports options C

D

and E.