Question 1

Which of the following is a best practice for creating and managing reports in Oracle Profitability and Cost Management Cloud Service 2023?

Options :

A : The reports should be created in Excel and imported into Oracle Profitability and Cost Management Cloud Service 2023 as CSV files.

B : The reports should be built using Oracle Data Visualization, which is integrated with Oracle Profitability and Cost Management Cloud Service 2023.

C : The reports should include all financial metrics available to ensure that all important data is represented.

D : The reports should be shared with all users to enable the maximum distribution of information.

Answer: B

Question 2

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 3

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

Question 4

Which of the following is an accurate statement about the architecture of Oracle Profitability and Cost Management Cloud Service 2023?

Options :

A : The application server tier is hosted on-premises, while the data tier is hosted in the cloud.

B : All data is stored in a single database with multiple schemas.

C : The system utilizes a 3-tier architecture consisting of the presentation tier, application tier, and database tier.

D : The system architecture is fully customizable, allowing customers to choose their desired tiers and components.

Answer: C

Question 5

Which of the following is true regarding setting up security in Oracle Profitability and Cost Management Cloud Service 2023?

Options :

A : The administrator user account cannot be deleted or renamed.

B : A user can be assigned multiple roles in different applications.

C : A security group can be assigned to a single application only.

D : A data relationship management group cannot be granted access to an application.

Answer: B

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