Free Oracle 1D0-1061-24-D Exam Questions

Become Oracle Certified with updated 1D0-1061-24-D exam questions and correct answers

Page: 1 / 66

Total 328 Questions | Updated On: Jun 23, 2025

Add To Cart

Question 1

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

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

Question 2

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.

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 3

ABC Company wants to analyze the profitability of its products by region. Which feature of Oracle Profitability and Cost Management Cloud Service should they use?

A : Activity-based costing

B : Profitability modeling

C : Cost allocation

D : Revenue recognition

Answer: B

Question 4

What is the purpose of the Managing Profitability module in Oracle Profitability and Cost Management Cloud Service 2023?

A : To analyze and manage profitability information for different dimensions and business activities.

B : To create financial models and forecast future profitability.

C : To allocate costs and revenues to different cost centers and products.

D : To generate financial reports and dashboards for senior management.

Answer: A

Question 5

Which of the following actions can be performed in the 'Rules' section of the Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional, when setting up models and rules?

A : Creating member formulas

B : Creating BSO cubes

C : Creating attribute dimensions

D : Creating member lists

Answer: A

Page: 1 / 66

Total 328 Questions | Updated On: Jun 23, 2025

Add To Cart