Question 1

Which of the following components make up the architecture of Oracle Profitability and Cost Management Cloud Service 2023?

Options :

A : Data Management

B : Business Intelligence

C : Calculation Manager

D : Financial Close and Consolidation

Answer: B

Question 2

When configuring security in Oracle Profitability and Cost Management Cloud Service, what is the recommended approach for assigning access to the application?

Options :

A : Assign access to the application based on the user-s role in the organization.

B : Assign access to the application based on the user-s job title.

C : Assign access to the application based on the user-s location.

D : Assign access to the application based on the user-s personal preferences.

Answer: A

Question 3

Which feature of Oracle Profitability and Cost Management Cloud Service allows users to create highly formatted reports with features such as conditional formatting, pivot tables, and charts?

Options :

A : Reporting Studio

B : Smart View

C : Financial Reporting

D : Data Warehouse

Answer: C

Question 4

What is the purpose of using Allocations in Oracle Profitability and Cost Management Cloud Service?

Options :

A : To distribute costs or revenues from a source dimension member to target dimension members based on specified allocation rules.

B : To summarize data at a higher level in the dimension hierarchy.

C : To create calculations that were not defined in the source application.

D : To calculate the profitability of a product or service.

Answer: A

Question 5

When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following statements is true regarding using 'Smart View'?

Options :

A : Smart View is only available for users with Administrator role.

B : Smart View is a browser-based ad-hoc analysis tool that can connect to Oracle Profitability and Cost Management Cloud Service for data retrieval.

C : Smart View is no longer supported in Oracle Profitability and Cost Management Cloud Service 2023.

D : Smart View can only be used to create tabular reports and cannot be used to create graphical reports.

Answer: B