Free Oracle 1Z0-1080-24 Exam Questions

Become Oracle Certified with updated 1Z0-1080-24 exam questions and correct answers

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Total 50 Questions | Updated On: Mar 12, 2025

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Question 1

You can override expense lines in Financials with the more detailed values that Workforce stores. What steps would you take to move the detailed values to Financials?

A : In data maps, for Financial Statement Integration, define how the detailed Workforce accounts roll up into the Financials accounts.

B : On the Financials Integration Summary form, calculate compensation data to update the underlying details for Workforce data.

C : On the Financials Integration Summary form, from the Actions menu, select the Rollup business rule.

D : In data maps, for Compensation Data, synchronize and then push the data.

Answer: A

Question 2

Which dimension must members be imported into to configure Additional Earnings in the Benefits and Taxes wizard?

A : Component

B : Account

C : Property

D : Pay Type

Answer: A

Question 3

In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC 842 standards?

A : To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency.

B : If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset.

C : Once assigned, you cannot override the Low Value Lease Amount for an asset.

D : Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones.

E : You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset.

Answer: B,C,E

Question 4

In Capital, which three statements are true when performing lease asset planning using the IFRS 16 and ASC 842 standards?

A : To determine if a lease asset is a low value asset, the value of the asset is calculated as Lease Payment multiplied by Payment Frequency.

B : If the calculated value of the asset is less than or equal to the Low Value Lease Amount, the asset is considered to be a low value lease asset.

C : Once assigned, you cannot override the Low Value Lease Amount for an asset.

D : Lessees are required to recognize assets or liabilities for leases of low value assets, such as tablets, personal computers, small items of office furniture, and telephones.

E : You can override the Low Value Lease Amount for an asset, forcing the asset to be calculated as a low value lease asset.

Answer: B,C,E

Question 5

Which dimension must members be imported into to configure Additional Earnings in the Benefits and Taxes wizard?

A : Component

B : Account

C : Property

D : Pay Type

Answer: A

Page: 1 / 10

Total 50 Questions | Updated On: Mar 12, 2025

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