Oracle Exam 1Z0-1080-24 Topic 4 Question 2 Discussion

In Oracle Planning 2024's module-based Planning, including the Financials module, the time frame (e.g., years) and granularity (e.g., months, weeks) for plans and forecasts are configured to define the planning horizon and periodicity. For Financials, this configuration occurs in:

A . Planning and Forecast Preparation: Correct. This component is where administrators define the time frame (e.g., start year, number of years) and granularity (e.g., monthly, weekly) for plans and forecasts. It's a mandatory configuration task executed via the Configure card, allowing module-specific settings.

B . Manage Time Periods: Incorrect. This is not a standard component in Oracle Planning for setting time frame and granularity; it's a term more aligned with other Oracle systems (e.g., Essbase) or custom period management, not Financials configuration.

C . Seasonality Management: Incorrect. Seasonality Management deals with distributing data across periods based on patterns (e.g., seasonal trends), not setting the overall time frame or granularity.

D . Valid Intersections: Incorrect. Valid Intersections define allowable data combinations across dimensions, not the time frame or granularity of plans.

The Oracle documentation specifies that Planning and Forecast Preparation is the component where time-related settings are established for Financials, making A the correct answer.

Oracle Planning 2024 Implementation Study Guide: 'Configuring Time Frame in Financials' (docs.oracle.com, Published 2024-10-10).

Oracle EPM Cloud Documentation: 'Planning and Forecast Preparation' (docs.oracle.com, Published 2023-11-15, updated for 2024).