Online 1D0-1061-25-D Practice Test

Question 1

When loading data into Oracle Profitability and Cost Management Cloud Service, which of the following statements is TRUE about flat files?

Options :

A : Flat files must be in CSV format.

B : Flat files can be in any text-based format.

C : Flat files must be in XML format.

D : Flat files must be in XLSX format.

Answer: B

Question 2

When setting up rules in Oracle Profitability and Cost Management Cloud Service, what is the difference between a static allocation method and a dynamic allocation method?

Options :

A : A static allocation method distributes costs based on predefined rules and percentages that do not change, while a dynamic allocation method distributes costs based on changing factors and activities.

B : A static allocation method distributes costs only to one dimension member, while a dynamic allocation method distributes costs across multiple dimension members.

C : A static allocation method distributes costs based on actual data, while a dynamic allocation method distributes costs based on estimated data.

D : A static allocation method distributes costs based on fixed data, while a dynamic allocation method distributes costs based on variable data.

Answer: A

Question 3

Which of the following is a best practice for setting up models and rules in Oracle Profitability and Cost Management Cloud Service?

Options :

A : Designing models with a large number of dimensions to capture all the required data.

B : Creating rules using scripting language only if the predefined formulas are not available.

C : Assigning the same Planning Units to multiple drivers to simplify calculations.

D : Using virtual members to supplement base members in a dimension.

Answer: D

Question 4

When creating an application, what are the steps involved in creating dimensions?

Options :

A : Define the dimensions in the metadata

B : Create member formulas and calculations

C : Create attribute dimensions

D : Map dimensions to the relevant custom dimensions

Answer: A

Question 5

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

Options :

A : Security must be configured at the application level and cannot be customized for individual users or groups.

B : Users can only be assigned one role, and that role determines their level of access to the application.

C : Users can be assigned multiple roles, and the combined privileges of those roles determine their level of access to the application.

D : Users can bypass the security restrictions by directly accessing the database.

Answer: C

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