Question 1

What is the primary function of the Data Management API in Oracle Profitability and Cost Management (PCM) Cloud Service?

Options :

A : To extract data from PCM for analysis and reporting in external systems

B : To create and manage data loads from source systems into PCM

C : To perform calculations and allocations on data within PCM

D : To import metadata and dimension mappings into PCM

Answer: B

Question 2

When setting up rules in Oracle Profitability and Cost Management Cloud Service, what is the difference between a static allocation method and a dynamic allocation method?

Options :

A : A static allocation method distributes costs based on predefined rules and percentages that do not change, while a dynamic allocation method distributes costs based on changing factors and activities.

B : A static allocation method distributes costs only to one dimension member, while a dynamic allocation method distributes costs across multiple dimension members.

C : A static allocation method distributes costs based on actual data, while a dynamic allocation method distributes costs based on estimated data.

D : A static allocation method distributes costs based on fixed data, while a dynamic allocation method distributes costs based on variable data.

Answer: A

Question 3

Which feature in Oracle Profitability and Cost Management Cloud Service allows users to create reports that include multiple data dimensions and various data sources?

Options :

A : Smart View

B : Dashboard

C : Data Management

D : Scorecarding

Answer: A

Question 4

When loading data into Oracle Profitability and Cost Management Cloud Service, which option should you select if you want to load data from a flat file located in your local file system?

Options :

A : Data Management Integration

B : Data Integration

C : Data Management Loader

D : Data Warehouse Integration

Answer: C

Question 5

Which of the following statements accurately describes the role of allocation rules in Oracle Profitability and Cost Management Cloud Service and their impact on financial performance analysis?

Options :

A : Allocation rules allow administrators to define various allocation methods to assign indirect costs to various activities, departments, products and customers to help manage profitability analysis.

B : All allocation methods in Oracle Profitability and Cost Management Cloud Service use the same process, regardless of the complexity of the allocation logic. This maintains consistency in financial performance analysis.

C : Users must manually define every allocation rule, which can lead to incorrect financial performance analysis due to human error.

D : Allocation rules only work with direct costs. They cannot be used to allocate indirect costs. This means that they are not useful for accurate financial performance analysis.

Answer: A