Oracle Oracle Certifications 1Z0-1082-21 Questions & Answers

• Question 21:

  Which three are valid ways to create Profitability and Cost Management applications?

  A. Import a backup snapshot from another instance of Profitability and Cost Management,

  B. Create a custom application with dimensions from Hal files.

  C. Create a custom application from an Essbase outline file.

  D. Create a custom application with no dimensions, then create and load dimensions in Data Management.

  E. Migrate an exported on-premises Profitability and Cost Management application using a migration template file.

  Correct Answer: ACE

• Question 22:

  What are two ways to create custom reports on the data In Profitability and Cost Management?

  A. Import report templates from the Download link in the Settings menu and customize them for your application.

  B. Create forms In Profitability and Cost Management that can be displayed in dashboards.

  C. Create queries In Profitability and Cost Management that open in Smart View when you run them.

  D. Create formatted reports in Financial Reporting Web Studio.

  Correct Answer: AC

• Question 23:

  Which two statements are true about managing Points of View (POVs)?

  A. You can archive POVs, but you cannot delete them.

  B. A POVs status is automatically changed to Calculated when you calculate the POV.

  C. When you add a new POV, the status Is automatically set to Draft.

  D. Global rules and rule sets are not associated with a specific POV.

  E. All POVs are data POVs, even If the data set Is empty.

  Correct Answer: AC

• Question 24:

  Your Profitability and Cost Management Cloud application contains a product dimension with 150 products. You've received a dimension data file containing only a list of 10 new products that need to be added to the current product dimension. You use the file to import the new product members, using the Update Dimensions option in the Profitability Application Console.

  Which result describes what will happen?

  A. The dimension update fails with errors and no changes are made to the product dimension.

  B. The 10 new members are appended to the bottom of the existing product dimension.

  C. The product dimension is replaced by the contents of the update file; only the 10 new members reside in the product dimension after the update.

  D. The 10 new members are merged Into the product dimension and sorted alphabetically.

  Correct Answer: C

• Question 25:

  Which two system level settings are not also user level settings In Data Management?

  A. Global POV profile settings

  B. the level of detail displayed In logs

  C. File character set

  D. The column delimiter value when exporting member mappings

  E. Whether archived files are copied or moved to the archive location

  Correct Answer: AC

• Question 26:

  Which set of items do you need to define for a custom calculation rule?

  A. Result dimension, target range, formula

  B. Source, destination, offset, formula

  C. Target range, formula, offset

  D. Source, target range, destination, formula

  Correct Answer: A

• Question 27:

  You are creating a rule to allocate IT costs to entitles based on the Headcount for each entity. There are

  three business dimensions In the application (Product, Entity, and Account).

  The allocation source definition:

  Account: IT Cost; Product: NoProduct; Entity: Corporate HQ

  The allocation destination definition:

  Account: IT Cost; Product: NoProduct; Entity: Descendants of Entity

  Disregarding the system and POV dimensions, this data file shows where Headcount data is loaded in the

  application:

  

  Which business dimension members should you select for the driver location on the Driver Basis tab when you define the allocation rule?

  A. NoProduct, Headcount

  B. Headcount

  C. Entity1, Entity2, Entity3, Entity4

  D. NoProduct, Corporate HQ, Headcount

  Correct Answer: D

• Question 28:

  Which three components are required to create a valid rule set?

  A. Using Global Context defined in POV

  B. Rule Set execution method

  C. Rule Set Name

  D. Sequence

  E. Defined rule set context

  Correct Answer: BCD

• Question 29:

  Which two statements are true about the Rule Balancing table?

  A. The default model view Includes the top members across all business dimensions.

  B. It shows the potential effects of an allocation before you run It.

  C. It Includes the Initial Input value, as well as allocations In, allocations out, and offsets.

  D. It shows information for all rules in the selected rule sets.

  Correct Answer: AC

• Question 30:

  You want to limit the slices of data your users can view or work with. Which two security mechanisms can you use?

  A. Security filters

  B. Service roles

  C. User groups

  D. Application roles

  E. Data grants

  Correct Answer: AD