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

When configuring Oracle Profitability and Cost Management Cloud Service, which of the following steps can be omitted without compromising functionality?

A : nfiguration of user security

B : nfiguration of data sources

C : nfiguration of consolidation structures

D : nfiguration of business rules

Answer: B

Question 2

What is the process of accurately determining the profitability of customers, products, and channels within an organization?

A : ofitability calculation

B : t allocation

C : ofitability analysis

D : ting methodology

Answer: C

Question 3

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

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

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

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

D : calculate the profitability of a product or service.

Answer: A

Question 4

Which of the following options is the best way to create a hierarchy of accounts and cost centers in Oracle Profitability and Cost Management Cloud Service 2023?

A : eate a Dimension library that combines the accounts and cost centers into a single hierarchy

B : eate separate Dimensions for accounts and cost centers, then create an Application that combines them into a single hierarchy

C : eate a single Dimension for either accounts or cost centers, then use formula logic to roll up the hierarchy

D : eate separate Applications for accounts and cost centers, then create a Calculation Manager rule that combines them into a single hierarchy

Answer: B

Question 5

Which dimension member property in Profitability and Cost Management Cloud Service contains information about actual costs?

A : ner

B : rrency

C : count

D : tity

Answer: C

Page: 1 / 66

Total 328 Questions | Updated On: May 04, 2024

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