1Z0-1080-26 practice question 9 of 25

A company has enabled Financials and would now like to make changes to the initial configuration. Which three changes can be made?

Full set: 118 questions
Answer options
A: Adding custom dimensions Correct answer
B: Enabling rolling forecast Correct answer
C: Changing the selected cash flow method
D: Enabling Income Statement
E: Enabling Expense
F: Renaming custom dimensions Correct answer
Correct Answer:
A. Adding custom dimensions; B. Enabling rolling forecast; F. Renaming custom dimensions
Explanation

After the initial configuration of the Financials module, certain changes are permissible without requiring a full re-implementation. Administrators can add new custom dimensions to enhance the model's granularity. They can also enable or modify the rolling forecast settings to adjust the planning horizon. Additionally, renaming existing custom dimensions is a supported post-configuration task. These changes allow the application to evolve with business requirements.

Why Incorrect

C: The cash flow method (Direct or Indirect) is a foundational choice made during the initial setup and cannot be changed later. D: The Income Statement is a core component enabled with the Financials module itself, not as a separate post-configuration option. E: Expense planning is a feature group selected during the initial enablement of Financials, not something that can be added afterward.

References

- Oracle EPM Cloud

Administering Planning Modules

"Configuring Financials". The documentation section "What Can I Change in an Enabled Business Process?" clarifies that after initial setup

you can add and rename custom dimensions and configure the rolling forecast. It also states that you cannot change foundational choices like the cash flow method or enable/disable major feature sets like Expense.

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