Question 1

Which of the following statements is true about loading data in the Oracle Profitability and Cost Management Cloud Service?

Options :

A : You can load data into multiple dimensions simultaneously by using a rule file.

B : You can only load data into one dimension at a time using the Data Integration File Import Utility.

C : You can load data into multiple dimensions simultaneously by using the Data Integration Cloud

D : You can only load data into one dimension at a time by manually entering data in the web interface.

Answer: A

Question 2

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

Options :

A : The administrator user account cannot be deleted or renamed.

B : A user can be assigned multiple roles in different applications.

C : A security group can be assigned to a single application only.

D : A data relationship management group cannot be granted access to an application.

Answer: B

Question 3

Which of the following is a best practice for managing profitability in Oracle Profitability and Cost Management Cloud Service?

Options :

A : Performing ongoing analysis of costs and revenues

B : Using historical data only to make profitability decisions

C : Focusing only on high-level profitability metrics

D : Ignoring cost drivers and focusing only on revenue drivers

Answer: A

Question 4

Which of the following is a best practice for managing profitability in Oracle Profitability and Cost Management Cloud Service?

Options :

A : Use top-down allocations to allocate costs from a central profit center to other profit centers.

B : Only allocate costs to profit centers that directly contribute to revenue generation

C : Use standard costing to calculate the cost of products or services.

D : Ignore the impact of indirect expenses on profitability analysis.

Answer: A

Question 5

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

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