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1Z0-1082-21 Real Exam Questions

Oracle Profitability and Cost Management 2021 Implementation Essentials

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Question 1 Multiple choice

Which two are valid statements about the Balance and Rule dimensions?

  1. A

    Rule names are assigned as aliases to the rule number members In the Rule dimension.

  2. B

    Data is loaded to the member Input in the Balance dimension.

  3. C

    Data Is loaded to the member Input In the Rule dimension.

  4. D

    The Balance dimension is considered a POV dimension.

  5. E

    Data for the members Allocation In and Allocation. Out are populated by Profitability and Cost Management rules.

Show answer and explanation

Correct answers: B, C

Question 2 Multiple choice

Which three are steps to create an allocation rule?

  1. A

    populate the driver basis dimensions

  2. B

    select the execution method

  3. C

    populate the allocation formula

  4. D

    populate the destination dimensions

  5. E

    populate the source dimensions

Show answer and explanation

Correct answers: B, D, E

Question 3 Multiple choice

Which two statements are true about managing Points of View (POVs)?

  1. A

    You can archive POVs, but you cannot delete them.

  2. B

    A POVs status is automatically changed to Calculated when you calculate the POV.

  3. C

    When you add a new POV, the status Is automatically set to Draft.

  4. D

    Global rules and rule sets are not associated with a specific POV.

  5. E

    All POVs are data POVs, even If the data set Is empty.

Show answer and explanation

Correct answers: A, C

Question 4 Multiple choice

Which two statements are true about Period and Category Mapping definitions In Data Management?

  1. A

    Period mappings define the mapping between ERP calendars and Profitability and Cost Management years and periods.

  2. B

    If the source category matches the target category in Data Management (e.g. "Actual" to "Actual"), then a category mapping definition Is not required.

  3. C

    You use source level period mapping when you have multiple target applications and various source systems with different period types.

  4. D

    Period and category mappings are defined separately from data load member mapping.

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Correct answers: A, C

Question 5 Single choice

Which custom calculation formula Is syntactically correct?

  1. A

    [Adjustment In]= ([Input], [Rule]) * .15;

  2. B

    [Adjustment In]= ([Input], (Rule]) * .15

  3. C

    [Adjustment In]:= ([Input], [Rule]) * .15;

  4. D

    [Adjustment In]:= [Input],[Rule] *.15

  5. E

    (Adjustment In)= (Input, Rule) - .15;

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Correct answer: A

Question 6 Multiple choice

Which two statements are true about model validation?

  1. A

    You cannot deploy the application if model validation returns Invalid conditions.

  2. B

    Model validation validates rules, rule sets, and dimensions.

  3. C

    Running a model validation displays an error table with Information about Invalid conditions.

  4. D

    After the application is deployed, it can detect invalid model artifacts if changes are made to dimensions.

Show answer and explanation

Correct answers: B, C

Question 7 Single choice

Given the following possible actions:

1. Register a Source System
2. Register a Target Application
3. Create an Import Format
4. Define a Location
5. Create a Point of View
6. Define mappings for Period and Category
7. Define mappings for all dimensions
8. Define mappings for only those dimensions requiring mappings
9. Create a Data Load Rule

What are the required steps in Data Management to create a data Integration for Profitability and Cost Management?

  1. A

    1,2,3,4,8,0

  2. B

    1,2,3,4,5,6,7,9

  3. C

    1,2,3,4,5,6,8,9

  4. D

    1,2,3,4,6,8,9

  5. E

    1,2,3,4,6,7,9

Show answer and explanation

Correct answer: A

Question 8 Single choice

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?

  1. A

    The system automatically propagates the name change to your allocation rules; no additional
    step is necessary.

  2. B

    Use the Find and Replace tool In the Manage Rules screen to replace the member In all rules that use
    It.

  3. 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.

  4. D

    Use the ReplaceMember command In EPM Automate to replace the member In all rules that use It.

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Correct answer: D

Question 9 Single choice

Which set of items do you need to define for a custom calculation rule?

  1. A

    Result dimension, target range, formula

  2. B

    Source, destination, offset, formula

  3. C

    Target range, formula, offset

  4. D

    Source, target range, destination, formula

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Correct answer: A

Question 10 Single choice

Which Is NOT Included In the Profitability and Cost Management analytics tools?

  1. A

    Trace Allocations

  2. B

    Analysis Views

  3. C

    Key Performance Indicators (KPIs)

  4. D

    Sculler Analysis Graph

  5. E

    Rule Update Analysis

Show answer and explanation

Correct answer: D