Oracle 1Z0-1080-24 Exam Questions - Navigate Your Path to Success

Correct : B

In Oracle Planning 2024 Implementation's Workforce module, configuring merit-related settings for employees involves specifying eligibility criteria and timing, such as a hire date cutoff for existing employees to receive merit increases and the month when merit adjustments begin. The Merit Assumptions option is the correct choice for this purpose.

B . Merit Assumptions: This feature allows administrators to define merit-related parameters, including the 'hire by' date (the date by which employees must be hired to be eligible for merit) and the 'merit start month' (the month when merit increases take effect). It provides a centralized way to set these assumptions, ensuring they are applied consistently across the workforce plan.

A . Workforce Assumptions: This option covers broader workforce settings (e.g., default hire dates, salary assumptions), but it does not specifically address merit eligibility or timing details like hire-by dates or merit start months.

C . Merit Rates: This pertains to defining the percentage or amount of merit increases, not the eligibility dates or start month for merit application.

D . Merit Month: While this might seem relevant, 'Merit Month' is not a standalone option in Workforce. It is a setting typically configured within Merit Assumptions, not an independent feature.

The Merit Assumptions option is explicitly designed to handle these merit-specific configurations, making it the most suitable choice.

Reference

Oracle Enterprise Performance Management Cloud Documentation: 'Administering Workforce -- Merit Assumptions' (docs.oracle.com, updated 2024). States that 'Merit Assumptions allow setting the hire-by date for merit eligibility and the merit start month.'

Oracle Planning 2024 Implementation Study Guide: Confirms that Merit Assumptions is used to specify eligibility criteria and timing for merit increases in Workforce.

Correct : A

To include asset-related expenses such as depreciation, amortization, and insurance in Financials reporting within Oracle Planning 2024 Implementation, integration between the Capital and Financials modules is required. The correct setup involves enabling integration from the Capital module to share expense data with Financials.

A . In Capital, for Expense, enable Integration with Financials: This option activates the integration feature in the Capital module under the Expense section, allowing asset-related expenses (e.g., depreciation, amortization, insurance) to be automatically pushed to Financials. Once enabled, Capital maps these expenses to the appropriate Financials accounts, ensuring seamless reporting. This is the standard method outlined in Oracle documentation for sharing Capital data with Financials.

B . In Financials, on the Enable page, in Map/Rename Dimensions, add a custom dimension called Assets: Adding a custom dimension in Financials is not the correct approach for integrating Capital expenses. Custom dimensions are for extending dimensionality, not for enabling data sharing between modules.

C . In Capital, on the Configure page, select Map Capital Accounts and map capital accounts to the corresponding account in Financials: While account mapping is part of the integration process, it is a subsequent step that occurs after enabling integration. The primary action is enabling the integration itself, not just mapping accounts.

D . In Financials, in the Asset Expenses Wizard, map each component to a Financials account: There is no 'Asset Expenses Wizard' in Financials for this purpose. The integration is driven from Capital, not through a wizard in Financials.

Reference

Oracle Enterprise Performance Management Cloud Documentation: 'Administering Capital -- Integration with Financials' (docs.oracle.com, updated 2024). Specifies that 'enabling Integration with Financials under Expenses in Capital' is required to share depreciation, amortization, and insurance expenses.

Oracle Planning 2024 Implementation Study Guide: Notes that enabling integration from Capital's Expense section is the key step for including asset-related expenses in Financials reporting.