Free Oracle 1Z0-1061-25 Exam Questions

Become Oracle Certified with updated 1Z0-1061-25 exam questions and correct answers

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Total 328 Questions | Updated On: Oct 27, 2025

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Question 1

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

A : Profitability calculation

B : Cost allocation

C : Profitability analysis

D : Costing methodology

Answer: C

Question 2

What is the main function of the Oracle Profitability and Cost Management Cloud Service?

A : To provide real-time costing and profitability analysis to support business decisions

B : To provide basic financial reporting and accounting functionality

C : To provide cloud-based storage for financial data

D : To automate the budgeting and planning process

Answer: A

Question 3

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

A : Use the predefined dimensions and extend them as needed

B : Create new dimensions from scratch using the Dimension Editor

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

D : Use the Rule Balancing feature to automatically create dimensions

Answer: A

Question 4

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 : Data Integration

B : Allocations

C : Reporting and Analytics

D : Data Aggregation

Answer: C

Question 5

Which of the following best describes the impact of running an allocation on data that has been loaded into Oracle Profitability and Cost Management Cloud Service?

A : Allocations have no impact on data that has already been loaded.

B : Running an allocation can update the data that has already been loaded and adjust it based on the allocation rules

C : Running an allocation deletes all previously loaded data and starts the allocation process from scratch.

D : Running an allocation only impacts the data that was loaded after the allocation was created.

Answer: B

Page: 1 / 66

Total 328 Questions | Updated On: Oct 27, 2025

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