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1Z0-1082-22 Real Exam Questions

Oracle Profitability and Cost Management 2022 Implementation Professional

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Question 1 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 2 Single choice

Your Profitability and Cost Management Cloud application contains a product dimension with 150 products.
You've received a dimension data file containing only a list of 10 new products that need to be added to the current product dimension. You use the file to import the new product members, using the Update Dimensions option in the Profitability Application Console.

Which result describes what will happen?

  1. A

    The dimension update fails with errors and no changes are made to the product dimension.

  2. B

    The 10 new members are appended to the bottom of the existing product dimension.

  3. C

    The product dimension is replaced by the contents of the update file; only the 10 new members reside
    in the product dimension after the update.

  4. D

    The 10 new members are merged Into the product dimension and sorted alphabetically.

Show answer and explanation

Correct answer: C

Question 3 Multiple choice

Which two system level settings are not also user level settings In Data Management?

  1. A

    Global POV profile settings

  2. B

    the level of detail displayed In logs

  3. C

    File character set

  4. D

    The column delimiter value when exporting member mappings

  5. E

    Whether archived files are copied or moved to the archive location

Show answer and explanation

Correct answers: A, C

Question 4 Multiple choice

Which two statements are true about the Simple Workflow mode in Data Management?

  1. A

    It provides a performance Improvement when processing large volumes of data

  2. B

    You can view data in the Workbench after loading.

  3. C

    It limits data movement between staging tables.

  4. D

    It is the default mode for processing data.

  5. E

    Drill down Is supported.

Show answer and explanation

Correct answers: B, E

Question 5 Single choice

Which statement Is FALSE about Dimension Management In Profitability and Cost Management?

  1. A

    You can manually edit Business, Attribute, and Point of View dimensions.

  2. B

    System dimensions ore not displayed In Dimension Management.

  3. C

    Profitability and Cost Management uses dimensions and members created In Oracle Essbase.

  4. D

    Dimensions are imported using flat files or the Data Management feature.

Show answer and explanation

Correct answer: C

Question 6 Single choice

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?

  1. A

    Iterative Execution

  2. B

    Circular Execution

  3. C

    Batch Execution

  4. D

    Serial Execution

  5. E

    Parallel Execution

Show answer and explanation

Correct answer: A

Question 7 Single choice

Which Is the correct EPM Automate command to add a file containing dimension metadata to the Data Management Inbox folder in Profitability and Cost Management?

  1. A

    uploadMstadata

  2. B

    addFile

  3. C

    uploadFile

  4. D

    uploadDimension

Show answer and explanation

Correct answer: C

Question 8 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 9 Multiple choice

What are two ways to create custom reports on the data In Profitability and Cost Management?

  1. A

    Import report templates from the Download link in the Settings menu and customize them for your application.

  2. B

    Create forms In Profitability and Cost Management that can be displayed in dashboards.

  3. C

    Create queries In Profitability and Cost Management that open in Smart View when you run them.

  4. D

    Create formatted reports in Financial Reporting Web Studio.

Show answer and explanation

Correct answers: A, C

Question 10 Single choice

Which are valid parts of an Analysis View Definition?

  1. A

    a Row Dimension and multiple Column Dimensions and a Rule Set

  2. B

    a Row Dimension and a Column Dimension and a range of Rule Sets

  3. C

    a Row Dimension and multiple Column Dimensions

  4. D

    a Row Dimension und a Column Dimension und a Rule Set

  5. E

    a Row Dimension and a Column Dimension

Show answer and explanation

Correct answer: B