Question 1

What is the benefit of using the Activity Based Management (ABM) feature in Oracle Profitability and Cost Management Cloud Service?

Options :

A : It allows you to allocate costs based on pre-defined cost drivers.

B : It provides real-time analysis of your profitability and cost information.

C : It automatically calculates the cost of product lines.

D : It enables you to perform what-if analyses to identify improvement opportunities.

Answer: B

Question 2

Which of the following best describes the impact of running an allocation on data that has been loaded into Oracle Profitability and Cost Management Cloud Service?

Options :

A : Allocations have no impact on data that has already been loaded.

B : Running an allocation can update the data that has already been loaded and adjust it based on the allocation rules

C : Running an allocation deletes all previously loaded data and starts the allocation process from scratch.

D : Running an allocation only impacts the data that was loaded after the allocation was created.

Answer: B

Question 3

Which of the following is true about running allocations in Oracle Profitability and Cost Management Cloud Service?

Options :

A : Allocations can only be run using the built-in allocation engine provided by the system.

B : Allocations can only be run on data that has been previously loaded into the system.

C : The Allocation Rule Editor can be used to create new allocation rules.

D : Allocations cannot be run on data that has not been consolidated.

Answer: C

Question 4

When setting up models and rules in Oracle Profitability and Cost Management Cloud Service, which of the following is a valid method to assign shared values for a rule dimension member?

Options :

A : Publishing a CSV file through EPM Automate

B : Setting up a custom mapping function in Groovy

C : Creating a data map rule for the member

D : Running an MDX query against the dimension hierarchy

Answer: C

Question 5

Which of the following statements regarding the architecture of Oracle Profitability and Cost Management Cloud Service 2023 (PCMCS) is correct?

Options :

A : PCMCS leverages the power of Essbase as its underlying multidimensional database

B : PCMCS uses a relational database as its underlying data storage

C : PCMCS architecture is built entirely on cloud-native technologies

D : PCMCS architecture is based on an on-premises installation

Answer: A

Free 1D0-1061-25-D Mock Exam – Practice Online Confidently

Buying Options: