Question 1

Which of the following is the correct process for integrating Oracle Profitability and Cost Management Cloud Service with Oracle Planning and Budgeting Cloud Service? A) First, create the connection in Oracle Planning and Budgeting Cloud Service. Then create the integration in Oracle Profitability and Cost Management Cloud Service. B) First, create the integration in Oracle Profitability and Cost Management Cloud Service. Then create the connection in Oracle Planning and Budgeting Cloud Service. C) Create the integration and connection simultaneously in both Oracle Profitability and Cost Management Cloud Service and Oracle Planning and Budgeting Cloud Service. D) The integration between Oracle Profitability and Cost Management Cloud Service and Oracle Planning and Budgeting Cloud Service is not possible.

Options :

A : First, create the connection in Oracle Planning and Budgeting Cloud Service. Then create the integration in Oracle Profitability and Cost Management Cloud Service.

B : First, create the integration in Oracle Profitability and Cost Management Cloud Service. Then create the connection in Oracle Planning and Budgeting Cloud Service.

C : Create the integration and connection simultaneously in both Oracle Profitability and Cost Management Cloud Service and Oracle Planning and Budgeting Cloud Service.

D : The integration between Oracle Profitability and Cost Management Cloud Service and Oracle Planning and Budgeting Cloud Service is not possible.

Answer: A

Question 2

Which of the following statements regarding the architecture of Oracle Profitability and Cost Management Cloud Service 2023 (PCMCS) is correct?

Options :

A : PCMCS leverages the power of Essbase as its underlying multidimensional database

B : PCMCS uses a relational database as its underlying data storage

C : PCMCS architecture is built entirely on cloud-native technologies

D : PCMCS architecture is based on an on-premises installation

Answer: A

Question 3

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 4

When configuring security in Oracle Profitability and Cost Management Cloud Service, which role is responsible for assigning users and groups to security classes?

Options :

A : Administrator

B : Power User

C : Application User

D : Workflow Approver

Answer: A

Question 5

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

Options :

A : Roles control the level of access that a user has to an entire application or specific modules and tasks within the application

B : You cannot configure security at the data segment level.

C : You can only assign security by intersection members.

D : When you create a custom role, it inherits the permissions of the Application Administrator role.

Answer: C