Oracle 1Z0-1082-23 Exam - Free questions
Oracle Profitability and Cost Management 2023 Implementation Professional
1Z0-1082-23 Free questions
Here you can find Oracle Profitability and Cost Management 2023 Implementation Professional exam free sample questions which will help you to prepare for your upcoming certification test. These questions will give you an idea of what to expect on the exam and help you review the 1Z0-1082-23 study material.
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Question No. 1) Which Is NOT a key quality of the Models Interface In Profitability and Cost Management?
A) Setting up the flow of funds through the financial system
B) Managing and running reports
C) Managing rules and rule sets
D) Point and click model administration and calculation
Question No. 2) Which set of dimensions Is required for Profitability and Cost Management applications?
A) Two system dimensions (Balance and Rule), at least one Business dimension, at least one POV dimension
B) Three system dimensions (Balance, Rule, and Drivers), at least two Business dimensions, at least one POV dimension
C) Three system dimensions (Balance, Rule, and Drivers), at least one Business dimension, at least one POV dimension
D) Two system dimensions (Balance and Rule), at least one Business dimension, at least one POV dimension, at least one Attribute dimension, at least one Alias dimension
E) Two system dimensions (Balance and Rule), at least one Business dimension, at least one POV dimension, at least one Alias dimension
Question No. 3) Which two statements are true about model validation?
A) You cannot deploy the application if model validation returns Invalid conditions.
B) Model validation validates rules, rule sets, and dimensions.
C) Running a model validation displays an error table with Information about Invalid conditions.
D) After the application is deployed, it can detect invalid model artifacts if changes are made to dimensions.
Question No. 4) Which are valid parts of an Analysis View Definition?
A) a Row Dimension and multiple Column Dimensions and a Rule Set
B) a Row Dimension and a Column Dimension and a range of Rule Sets
C) a Row Dimension and multiple Column Dimensions
D) a Row Dimension und a Column Dimension und a Rule Set
E) a Row Dimension and a Column Dimension
Question No. 5) Which statement Is FALSE about data grants?
A) They can be assigned to groups or individual users.
B) They can be assigned to Service Administrators or Power Users.
C) They are used to control what dimensions and members can be accessed by the assigned users.
D) They generate security filters in Essbase when the database is deployed.
Question No. 6) You are creating a rule set for allocation rules. On the description tab, you select Use Global Context. Which two statements are true?
A) You can override the global context dimension selections at the rule set level.
B) When you select Use Rule Set Context for a rule In this rule set, the dimension-member combinations defined In the Global Context section are also applied.
C) At the rule level, the Rule Context tab is where you can edit any default contexts applied to the rule.
D) On the Context tab for the rule set, you define default members for use In all rules added to the rule set.
Question No. 7) Which types of dimensions do you use to define model views?
A) Business dimensions only
B) Business dimensions, POV dimensions
C) Business dimensions, POV dimensions. System dimensions
D) POV dimensions. System dimensions
Question No. 8) Assume that the proper data permissions have been assigned In Profitability and Cost Management. Which two actions can you perform In Smart View?
A) Display Analysis Views and Profit Curves that you created in Profitability and Cost Management in an Excel spreadsheet.
B) Create reusable Smart Queries to use for ad hoc reporting and analysis In Excel.
C) Update driver data in Excel and submit the changes back to Profitability and Cost Management.
D) Update dimension members and properties In Excel and submit the changes back to Profitability and Cost Management.
Question No. 9) Which statement Is FALSE about Dimension Management In Profitability and Cost Management?
A) You can manually edit Business, Attribute, and Point of View dimensions.
B) System dimensions ore not displayed In Dimension Management.
C) Profitability and Cost Management uses dimensions and members created In Oracle Essbase.
D) Dimensions are imported using flat files or the Data Management feature.
Question No. 10) Which three are steps to create an allocation rule?
A) populate the driver basis dimensions
B) select the execution method
C) populate the allocation formula
D) populate the destination dimensions
E) populate the source dimensions
Question No. 11) Which two statements are true about allocation offset for allocation rules?
A) Offsets are written to the Allocation Offset member of the Balance dimension, in combination with the other dimension members defined for the offset.
B) Defining an allocation offset Is optional.
C) The offset location defines the member to hold any unallocated data from the source.
D) By default, offsets are written to the source.
Question No. 12) Which two are valid statements about Profitability and Cost Management application requirements?
A) Changes to Profitability and Cost Management dimensions must be deployed to the underlying Essbase database before running allocations.
B) You must have access to a separate instance of Oracle Analytics Cloud (Essbase) to use as the underlying data storage for Profitability and Cost Management.
C) You can configure the underlying Essbase database as either a Block Storage (BSO) type or Aggregate Storage (ASO) type.
D) Applications must have a Point of View with Year, Period, and Scenario dimensions.
E) An EPM Cloud service instance can support only one Profitability and Cost Management application at a time.
Question No. 13) Which three are valid functions of logic accounts In Data Management?
A) Logic accounts allow the mapping of a source account based on its value (conditional mapping).
B) Logic accounts can perform arithmetic operations on source values (arithmetic mapping).
C) Logic accounts determine how the source fields are stored In the Data Management staging tables (storing mapping).
D) Simple logic groups enable you to derive logic items front any combination of dimensions (derived mapping).
E) Logic accounts allow the mapping of one source account to multiple target accounts (statistical mapping).
Question No. 14) Which two are valid statements about the Balance and Rule dimensions?
A) Rule names are assigned as aliases to the rule number members In the Rule dimension.
B) Data is loaded to the member Input in the Balance dimension.
C) Data Is loaded to the member Input In the Rule dimension.
D) The Balance dimension is considered a POV dimension.
E) Data for the members Allocation In and Allocation. Out are populated by Profitability and Cost Management rules.
Question No. 15) Which custom calculation formula Is syntactically correct?
A) [Adjustment In]= ([Input], [Rule]) * .15;
B) [Adjustment In]= ([Input], (Rule]) * .15
C) [Adjustment In]:= ([Input], [Rule]) * .15;
D) [Adjustment In]:= [Input],[Rule] *.15
E) (Adjustment In)= (Input, Rule) - .15;
Question No. 16) What Is the maximum number of screens a Dashboard can display at one time?
Question No. 17) Your business process includes a series of allocations where administrative costs are allocated from HR to TT and Finance, from IT to Finance and HR, and from Finance to HR and IT. Which calculation option should you select for the rule set that Includes these allocations?
A) Iterative Execution
B) Circular Execution
C) Batch Execution
D) Serial Execution
E) Parallel Execution
Question No. 18) Your data file is not In a native Essbase format. Which Is the valid way to toad It to Profitability and Cost Management?
A) Execute the LoadData command In EPM Automate, run a data load in Data Management, load the file through the Profitability and Cost Management UI in Database management.
B) Execute the LoadData command In EPM Automate, load the file through the Profitability and Cost Management UI in Database management.
C) Execute the LoadData command In FPM Automate, run a data load In Data Management.
D) Run a data load In Data Management, load the file through the Profitability and Cost Management UI in Database management.
E) Run a data load in Data Management.
Question No. 19) You update the name of a member that Is used In a number of allocation rules. After deploying the changes to the database, what step can you take next to update your rules?
A) The system automatically propagates the name change to your allocation rules; no additional step is necessary.
B) Use the Find and Replace tool In the Manage Rules screen to replace the member In all rules that use It.
C) On the Mass Edit tab of the Designer screen, create and run a job to replace the member in all rules that use it.
D) Use the ReplaceMember command In EPM Automate to replace the member In all rules that use It.
Question No. 20) Which role is required to create and manage user accounts for Profitability and Cost Management?
A) Service Administrator
B) Identity Domain Administrator or Security Administrator
C) Identity Domain Administrator or Service Administrator
D) Identity Domain Administrator
E) Security Administrator
Question No. 21) Which two are required steps In creating an allocation rule?
A) Assign the rule sequence number,
B) Create at least one global context.
C) Create a rule set for the rule.
D) Create a rule set context.
Question No. 22) Which two statements are true about allocation tracing?
A) You can trace allocation inputs and outputs both forward and backward.
B) You select the rule you want to trace In the trace parameters.
C) Allocation traces can be performed across multiple business dimensions simultaneously.
D) It is a graphical representation of how allocations flow in and out of application elements.
Question No. 23) Which Is NOT Included In the Profitability and Cost Management analytics tools?
A) Trace Allocations
B) Analysis Views
C) Key Performance Indicators (KPIs)
D) Sculler Analysis Graph
E) Rule Update Analysis
Question No. 24) Which dimension Is required for a Profit Curve chart In the application?
A) Point of View Dimensions
B) Department Dimension
C) Profit Dimension
D) Profit Attribute Dimension
Question No. 25) After running a calculation, you are evaluating the results In the Rule Balancing screen. What can you do to Investigate the data In more detail?
A) Click on either Allocation in or Allocation Out to open an Allocation Trace.
B) Click on a value to drill down to more detail in the Rule Balancing screen.
C) Click on a rule number to open a report showing the entire allocation flow.
D) Click on a value to open a context sensitive query in Smart View.
Oracle 1Z0-1082-23 Exam Answers