1Z0-1080-22 Online Practice Questions and Answers

Which statement describes infolets? Choose the best answer.

A. Infolets help you personalize focused data slices that you frequently use for analysis.

B. Infolets help you quickly analyze data and understand key business questions by presenting a visual overview of high-level, aggregated information.

C. Infolets are predefined dashboards that give you insight into overall project financials and expense and revenue metrics.

D. Infolets help you organize, track, and prioritize your workload.

Which describes Strategic Modeling? Choose the best answer.

A. Used to evaluate financial scenarios and perform financial impact analysis.

B. Used to evaluate how assets and resources related to corporate initiatives are allocated

C. Used primarily for balance sheet planning

D. Used to develop plans and forecasts and generate core financial statements

You want to share detailed benefits data from Workforce with Financials.

Which statement describes the steps you must take? Choose the best answer.

A. Enable and configure Financials, and Workforce. When enabling Workforce, create a custom Benefits dimension to map the data to. Then for the Financial Statement Integration data map, synchronize and push the data.

B. Enable and configure Financials and Workforce. Then in the Workforce Benefits and Taxes wizard, select a financial account to map the benefit to. For Compensation Data, synchronize and run the data map.

C. Enable and configure Financials, and Workforce. When enabling Financials, create a custom Benefits dimension to map the data to. On the Financials Integration Summary form, run Calculate Compensation to update the Workforce data.

D. Enable and configure Financials, and Workforce. Then to capture Workforce expenses for employees, enable Standard Rates from Workforce. For the Compensation Data for Reporting data map, synchronize then push the data.

Which two are displayed on the user point of view bar within a financial report? Choose two.

A. Dimensions that are tagged as type Time

B. Dimensions that are tagged as type Account

C. Dimensions not defined in a row, column, or page

D. Dimensions in a row, column, or page that are flagged for the current point of view

Which migration category is required to restore dimensional security? (Choose the best answer.)

A. Planning

B. Groups and Memberships

C. Reporting

D. Calculation Manager

Which three metadata artifacts can be exported to a flat file? (Choose three.)

A. Exchange Rate Tables

B. Dimensions

C. Smart Lists

D. Linked Reporting Objects

E. Data Entry Forms

What three tasks can you perform in the Data Management Workbench? (Choose three.)

A. Export

B. Validate

C. Maintain Process Tables

D. Import

E. Delete Integration

Which three can be automated with EPMAutomate? (Choose three.)

A. Import user security

B. Run a Business Rule

C. Import a file into the Planning inbox

D. Migrate a backup between test and production

E. Send an email to users

What is the purpose of selecting the Project Benefits option when enabling Projects? (Choose the best answer.)

A. To track the Workforce expense benefits calculated on each Contract project

B. To plan detailed project revenue for Contract projects

C. To help justify the need for projects and plan non-financial benefits

D. To plan detailed project expenses for projects

Which three do you need to enable in order to perform indirect cash flow statement planning? (Choose three.)

A. Expense

B. Cash Flow Statement

C. Income Statement

D. Balance Sheet

E. Revenue

Revenue planned in Projects is rolled up into Financials for contract projects. How must you set up the modules to share the data? Choose the best answer.

A. To capture Project revenue, enable Standard Rates from Projects.

B. When enabling Financials, create a custom Project dimension to map the data to.

C. In Projects, select an entity and map revenue accounts to Financials accounts for that entity.

D. Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.

A company would like to configure Financials, Workforce, and Projects. They would like to plan and forecast the Project dimension in Financials, as well as track employee utilization in Projects. Which two actions must they take to ensure that the Project dimension is shared and the data integrated correctly across all three modules? (Choose two.)

A. In Workforce, ensure that the granularity is at Employee or Employee and Job

B. In Financials, rename one of the custom dimensions to "Project" and enable it

C. In Projects, ensure that the Employee driver-based expense is enabled

D. In Workforce, rename one of the custom dimensions to "Project" and enable it

When loading Salaries into Workforce, which Property should the values be loaded to? (Choose the best answer.)

A. OWP_Gross Earnings

B. OWP_Salary Basis

C. OWP_Value

D. OWP_Expense Amount

You want to move financial information from Projects to Financials for account level data. Which describes the action you can take to accomplish this? (Choose the best answer.)

A. In data maps, push data for the predefined Financial Statement Integration.

B. Rollup project data which pushes data to Financials based on account mappings.

C. On the Financials Integration Summary form, from the Actions menu, select PFP Detail to calculate project data.

D. In Financials, run the Financials Integration business rule to update data from Projects.

In porting data from a BSO plan type to an ASO plan type, which method cannot be utilized? Choose the best answer.

A. Smart Push

B. Data Maps

C. XWRITE business rule

D. Export/Import Capabilities