Online 1Z0-1061-25 Practice Test

Question 1

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 2

When setting up models and rules in Oracle Profitability and Cost Management Cloud Service, which statement is true about allocation rules?

Options :

A : Allocation rules determine how costs are allocated to different objects in the model.

B : Allocation rules are optional and not necessary for the calculation process.

C : Allocation rules can only be used for allocation of revenue, not costs.

D : Allocation rules can only be applied to children of a specified dimension.

Answer: A

Question 3

What is the purpose of the Overview and Architecture section in the Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional exam?

Options :

A : To understand the different options for data integration

B : To learn about the available reporting capabilities

C : To understand the product architecture

D : To learn about the available security controls

Answer: C

Question 4

Which security feature in Oracle Profitability and Cost Management Cloud Service provides the ability to control access to the application and its features?

Options :

A : Roles

B : Users

C : Roles and Permissions

D : Security Profiles

Answer: C

Question 5

When configuring security in Oracle Profitability and Cost Management Cloud Service, what is the recommended approach for assigning access to the application?

Options :

A : Assign access to the application based on the user-s role in the organization.

B : Assign access to the application based on the user-s job title.

C : Assign access to the application based on the user-s location.

D : Assign access to the application based on the user-s personal preferences.

Answer: A

EXPERTY DESIGNED 1Z0-1061-25 PRACTICE TEST