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: Apr 27, 2026

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Question 1

Which of the following options allows users to drill down from summary data to transaction level detail?

A : Smart View

B : Oracle Fusion General Ledger

C : Oracle Fusion Subledger Accounting

D : Oracle Profitability and Cost Management Cloud Service

Answer: A

Question 2

Which of the following statements about data and metadata in Oracle Profitability and Cost Management Cloud Service is correct?

A : Data can be imported and exported using the Data Management feature.

B : Metadata can only be loaded using the EPMAutomate utility.

C : Data and metadata cannot be accessed through REST APIs.

D : Data Integration is the only tool available for data and metadata integration.

Answer: A

Question 3

What is the recommended frequency for running allocations in Oracle Profitability and Cost Management Cloud Service?

A : Daily

B : Weekly

C : Monthly

D : Annually

Answer: B

Question 4

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 5

When setting up rules in Oracle Profitability and Cost Management Cloud Service, what is the difference between a static allocation method and a dynamic allocation method?

A : A static allocation method distributes costs based on predefined rules and percentages that do not change, while a dynamic allocation method distributes costs based on changing factors and activities.

B : A static allocation method distributes costs only to one dimension member, while a dynamic allocation method distributes costs across multiple dimension members.

C : A static allocation method distributes costs based on actual data, while a dynamic allocation method distributes costs based on estimated data.

D : A static allocation method distributes costs based on fixed data, while a dynamic allocation method distributes costs based on variable data.

Answer: A

Page: 1 / 66

Total 328 Questions | Updated On: Apr 27, 2026

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