Online 1Z0-1061-25 Practice Test

Question 1

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 2

Which feature in Oracle Profitability and Cost Management Cloud Service allows you to estimate future costs?

Options :

A : Allocation Rules

B : Driver-Based Modeling

C : Cost Engine

D : Scenario Management

Answer: B

Question 3

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

Options :

A : Dimensions are only used for reporting purposes and do not impact the calculation logi

B : Creating a large number of dimensions can negatively impact performance and system resources.

C : Hierarchies within dimensions can only have a maximum of five levels.

D : Dimensions can only be created using the graphical user interface (GUI) and cannot be imported or exported.

Answer: B

Question 4

What tool can be used to automate uploading data from a SQL Server database to Oracle Profitability and Cost Management Cloud Service?

Options :

A : Data Management

B : File Import

C : Data Integration

D : Data Management API

Answer: C

Question 5

When loading data into Oracle Profitability and Cost Management Cloud Service, which option should you select if you want to load data from a flat file located in your local file system?

Options :

A : Data Management Integration

B : Data Integration

C : Data Management Loader

D : Data Warehouse Integration

Answer: C

EXPERTY DESIGNED 1Z0-1061-25 PRACTICE TEST