Question 1

Which feature allows you to load data into Oracle Profitability and Cost Management Cloud Service?

Options :

A : Data Integration

B : Data Transfer

C : Data Import

Answer: A

Question 2

Which feature of Oracle Profitability and Cost Management Cloud Service allows users to create highly formatted reports with features such as conditional formatting, pivot tables, and charts?

Options :

A : Reporting Studio

B : Smart View

C : Financial Reporting

D : Data Warehouse

Answer: C

Question 3

When setting up models and rules in Oracle Profitability and Cost Management Cloud Service 2023, what is the recommended approach for defining allocation rules?

Options :

A : Using the simplified user interface to create allocation rules and assign them directly to the model

B : Writing custom scripts in SQL to define allocation rules and deploying them to the model

C : Using pre-built templates provided by Oracle to define allocation rules

D : Utilizing the smart allocation feature to automatically generate allocation rules based on predefined parameters

Answer: C

Question 4

Which steps are required to set up a model in Oracle Profitability and Cost Management Cloud Service?

Options :

A : Define dimensions and hierarchies

B : Create rules and calculations

C : Import data from external sources

D : Assign security access levels

Answer: A

Question 5

What is the purpose of the Overview and Architecture phase of an Oracle Profitability and Cost Management Cloud Service implementation project?

Options :

A : To gather requirements from stakeholders

B : To design the system architecture and data model

C : To configure the system based on requirements

D : To perform user acceptance testing

Answer: B

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