Online 1D0-1061-25-D Practice Test

Question 1

Which of the following statements accurately describes the role of allocation rules in Oracle Profitability and Cost Management Cloud Service and their impact on financial performance analysis?

Options :

A : Allocation rules allow administrators to define various allocation methods to assign indirect costs to various activities, departments, products and customers to help manage profitability analysis.

B : All allocation methods in Oracle Profitability and Cost Management Cloud Service use the same process, regardless of the complexity of the allocation logic. This maintains consistency in financial performance analysis.

C : Users must manually define every allocation rule, which can lead to incorrect financial performance analysis due to human error.

D : Allocation rules only work with direct costs. They cannot be used to allocate indirect costs. This means that they are not useful for accurate financial performance analysis.

Answer: A

Question 2

Which feature in Oracle Profitability and Cost Management Cloud Service allows users to create reports that include multiple data dimensions and various data sources?

Options :

A : Smart View

B : Dashboard

C : Data Management

D : Scorecarding

Answer: A

Question 3

Which of the following statements is true about loading data in the Oracle Profitability and Cost Management Cloud Service?

Options :

A : You can load data into multiple dimensions simultaneously by using a rule file.

B : You can only load data into one dimension at a time using the Data Integration File Import Utility.

C : You can load data into multiple dimensions simultaneously by using the Data Integration Cloud

D : You can only load data into one dimension at a time by manually entering data in the web interface.

Answer: A

Question 4

In Oracle Profitability and Cost Management Cloud Service, which feature allows users to schedule automated refreshing of reports at specific intervals?

Options :

A : Report Set

B : Schedule Task

C : Data Slice

D : Report Limits

Answer: B

Question 5

When managing data and metadata in Oracle Profitability and Cost Management Cloud Service, which option allows you to create a new metadata dimension for a data table?

Options :

A : Creating a data table from a template

B : Importing a metadata dimension from a CSV file

C : Creating a metadata dimension from a template

D : Creating a metadata dimension from a SQL table

Answer: C

EXPERTY DESIGNED 1D0-1061-25-D PRACTICE TEST