Question 1

Which of the following features of Oracle Profitability and Cost Management Cloud Service provides the ability to view and analyze profitability and cost data in real time, while also allowing users to create custom reports and dashboards for their specific needs?

Options :

A : Data Integration

B : Allocations

C : Reporting and Analytics

D : Data Aggregation

Answer: C

Question 2

ABC Corporation is considering implementing Oracle Profitability and Cost Management Cloud Service for managing its profitability. What is the correct way to create a new driver in Oracle Profitability and Cost Management Cloud Service?

Options :

A : Navigate to the Drivers page and select New, and then enter the name of the driver and save the record.

B : Navigate to the Drivers page and select New, and then enter the name of the driver and create an application and dimension based on it.

C : Navigate to the Dimension page and select New, and then enter the name of the driver and save the record.

D : Navigate to the Application page and select New, and then enter the name of the driver and save the record.

Answer: B

Question 3

When integrating Oracle Profitability and Cost Management Cloud Service with other applications, what feature must be used to import and export data from the application?

Options :

A : Data Integration

B : Process Integration

C : Cloud Integration

D : Enterprise Integration

Answer: A

Question 4

Which of the following statements about migrating data in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional is correct?

Options :

A : Data can be migrated using only the EPM Automate command-line utility.

B : Data can be migrated using the Migration Utility provided in the application interface.

C : Data can be migrated using a third-party data integration tool.

D : Data cannot be migrated in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional.

Answer: B

Question 5

What is the process of accurately determining the profitability of customers, products, and channels within an organization?

Options :

A : Profitability calculation

B : Cost allocation

C : Profitability analysis

D : Costing methodology

Answer: C

Higher Test Marks with Free Online 1Z0-1061-25 Exam Practice

Buying Options: