Question 1

When creating applications and dimensions in Oracle Profitability and Cost Management Cloud Service 2023, which of the following statements is true?

Options :

A : Dimensions can only be created within applications.

B : Applications can only be created within dimensions.

C : Applications and dimensions can be created independently.

D : Applications and dimensions cannot be created in Oracle Profitability and Cost Management Cloud Service.

Answer: C

Question 2

Which statement best describes how to configure security in Oracle Profitability and Cost Management Cloud Service?

Options :

A : Security in Oracle Profitability and Cost Management Cloud Service can only be configured by the administrator and cannot be customized for individual users.

B : Security in Oracle Profitability and Cost Management Cloud Service is configured by assigning security classes to users or groups, which control access to dimensions, hierarchies, and scenarios.

C : Security in Oracle Profitability and Cost Management Cloud Service is automatically set based on the user-s role in the organization and cannot be modified.

D : Security in Oracle Profitability and Cost Management Cloud Service is only available for users with administrator privileges and cannot be assigned to regular users.

Answer: B

Question 3

Which of the following is true regarding setting up security in Oracle Profitability and Cost Management Cloud Service 2023?

Options :

A : The administrator user account cannot be deleted or renamed.

B : A user can be assigned multiple roles in different applications.

C : A security group can be assigned to a single application only.

D : A data relationship management group cannot be granted access to an application.

Answer: B

Question 4

Which of the following is true regarding the architecture of Oracle Profitability and Cost Management Cloud Service 2023 Implementation? A. The system is comprised of three primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, and the Application layer. B. The system is comprised of two primary layers: the EPM Cloud layer and the Application layer. C. The system is comprised of four primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, the Data Integration layer, and the Application layer. D. The system is comprised of five primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, the Data Integration layer, the Reporting layer, and the Application layer.

Options :

A : The system is comprised of three primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, and the Application layer.

B : The system is comprised of two primary layers: the EPM Cloud layer and the Application layer.

C : The system is comprised of four primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, the Data Integration layer, and the Application layer.

D : The system is comprised of five primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, the Data Integration layer, the Reporting layer, and the Application layer.

Answer: A

Question 5

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

Free 1Z0-1061-25 Mock Exam – Practice Online Confidently

Buying Options: