New Release 1z0-1080-25 Oracle Enterprise Planning and Budgeting Cloud Service Questions

In Oracle Planning 2024 Implementation, Forms 2.0 represents an enhanced version of the form design and functionality framework compared to Forms 1.0. To develop forecasts using Forms 2.0, existing forms must be transitioned from the older version to the newer one, as they are not automatically compatible or universally enabled.

D. Migrate the forms you want to work with in Forms 2.0 from Forms 1.0 to Forms 2.0: This is the correct statement. Oracle provides a migration process to convert Forms 1.0 forms to Forms 2.0, enabling users to leverage the advanced features of Forms 2.0 (e.g., improved navigation, dynamic rows/columns, and enhanced usability). This migration is selective, meaning only the forms you choose to use with Forms 2.0 need to be migrated, and it is not a one-time global setup.

A. Set up Forms 2.0 in your environment one time and it will work with all your applications: Forms 2.0 is not a one-time environment-wide setup. It requires specific forms to be migrated or designed for Forms 2.0 compatibility, and not all applications automatically adopt it.

B. Switch between Forms 1.0 and Forms 2.0 by selecting the Forms Version in Application Settings: There is no such toggle in Application Settings to switch between Forms 1.0 and Forms 2.0. The transition to Forms 2.0 involves migration rather than a simple version switch.

C. Redesign forms 1.0 forms so that they are set up to work with Forms 2.0: While redesigning is an option for creating new Forms 2.0-compatible forms, the standard process for existing forms is migration, not a complete redesign from scratch. Migration preserves the form structure while adapting it to Forms 2.0.

The migration process ensures that users can take advantage of Forms 2.0’s capabilities while maintaining continuity with existing form designs, aligning with Oracle’s recommended approach.

References

Oracle Enterprise Performance Management Cloud Documentation: "Working with Forms – Forms 2.0" (docs.oracle.com, updated 2024). States that "to use Forms 2.0, migrate existing Forms 1.0 forms to Forms 2.0 using the provided migration tools."

Oracle Planning 2024 Implementation Study Guide: Confirms that migrating Forms 1.0 to Forms 2.0 is the true setup process for leveraging Forms 2.0 in forecasting.

In Oracle Planning 2024’s Projects module, revenue and expense calculations are driven by specific assumptions that influence project financials. The three types of assumptions that directly drive these calculations are Working days and hours, Standard rates, and Project rates:

A. Working days and hours: This assumption defines the available time for project execution (e.g., days per week, hours per day), directly impacting labor costs and revenue projections based on resource utilization.

C. Standard rates: These are predefined rates (e.g., hourly or daily rates for labor or equipment) applied across projects unless overridden, driving cost and revenue calculations consistently.

E. Project rates: These are project-specific rates that override standard rates when defined, allowing for tailored revenue and expense calculations based on unique project requirements.

B. Plan start year: This is incorrect because, while it sets the timeline for planning, it does not directly drive revenue or expense calculations—it’s a temporal parameter, not an assumption affecting financial data.

D. Program mappings: This is incorrect because program mappings relate to integrating data across programs, not driving revenue or expense calculations within Projects.

F. Discount rates: This is incorrect because discount rates are used for net present value (NPV) or financial analysis, not as a direct driver of revenue and expense assumptions in Projects.

The Oracle Projects module documentation highlights that Working days and hours, Standard rates, and Project rates are foundational assumptions that calculate costs (e.g., labor expenses) and revenues (e.g., billable amounts), making them the correct choices.

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.