Online 1D0-1061-25-D Practice Test

Question 1

In Oracle Profitability and Cost Management Cloud Service, what is the primary purpose of the Allocations feature?

Options :

A : To distribute costs from one cost center to another based on predefined rules.

B : To compare planned cost data with actuals to identify variances.

C : To streamline the process of creating and maintaining data mappings between source systems and PCM.

D : To calculate the profitability of products or customers based on revenue and expenses.

Answer: A

Question 2

Which of the following is a best practice for creating and managing reports in Oracle Profitability and Cost Management Cloud Service 2023?

Options :

A : The reports should be created in Excel and imported into Oracle Profitability and Cost Management Cloud Service 2023 as CSV files.

B : The reports should be built using Oracle Data Visualization, which is integrated with Oracle Profitability and Cost Management Cloud Service 2023.

C : The reports should include all financial metrics available to ensure that all important data is represented.

D : The reports should be shared with all users to enable the maximum distribution of information.

Answer: B

Question 3

When setting up models and rules in Oracle Profitability and Cost Management Cloud Service, which feature allows you to customize the calculation of allocations to meet specific business needs?

Options :

A : Groovy scripts

B : Business rules

C : Data map

D : Scenario

Answer: B

Question 4

In the process of loading data into Oracle Profitability and Cost Management Cloud Service for an allocation allocation rule, which of the following steps would be considered a best practice?

Options :

A : Load all data at once to reduce the number of times data needs to be loaded into the system.

B : Load all data using the Excel add-in rather than the web interface.

C : Load all data into a temporary storage cube before loading it into the final destination cube.

D : Load all data into the final destination cube directly from the data source.

Answer: C

Question 5

ABC Corporation is considering implementing Oracle Profitability and Cost Management Cloud Service for managing its profitability. What is the correct way to create a new driver in Oracle Profitability and Cost Management Cloud Service?

Options :

A : Navigate to the Drivers page and select New, and then enter the name of the driver and save the record.

B : Navigate to the Drivers page and select New, and then enter the name of the driver and create an application and dimension based on it.

C : Navigate to the Dimension page and select New, and then enter the name of the driver and save the record.

D : Navigate to the Application page and select New, and then enter the name of the driver and save the record.

Answer: B

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