Free Oracle 1Z0-1061-24 Exam Questions

Become Oracle Certified with updated 1Z0-1061-24 exam questions and correct answers

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Total 328 Questions | Updated On: May 04, 2024

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Question 1

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

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

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

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

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

Answer: A

Question 2

What tool can be used to automate uploading data from a SQL Server database to Oracle Profitability and Cost Management Cloud Service?

A : ta Management

B : le Import

C : ta Integration

D : ta Management API

Answer: C

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?

A : ta Integration

B : locations

C : porting and Analytics

D : ta Aggregation

Answer: C

Question 4

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

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

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

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

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

Answer: A

Question 5

What is the recommended approach for creating custom dimensions in Oracle Profitability and Cost Management Cloud Service?

A : the predefined dimensions and extend them as needed

B : eate new dimensions from scratch using the Dimension Editor

C : port dimensions from an external system using a data file

D : the Rule Balancing feature to automatically create dimensions

Answer: A

Page: 1 / 66

Total 328 Questions | Updated On: May 04, 2024

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