Oracle Profitability and Cost Management 2021 Implementation Essentials - 1Z0-1082-21 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

You update the name of a member that Is used In a number of allocation rules.
After deploying the changes to the database, what step can you take next to update your rules?

A. Use the ReplaceMember command In EPM Automate to replace the member In all rules that use It. B. The system automatically propagates the name change to your allocation rules; no additional step is necessary. C. On the Mass Edit tab of the Designer screen, create and run a job to replace the member in all rules that use it. D. Use the Find and Replace tool In the Manage Rules screen to replace the member In all rules that use It.

Discussion 0

Correct Answer: A Vote an answer

Question 2

Which two are valid statements about Profitability and Cost Management application requirements?

A. An EPM Cloud service instance can support only one Profitability and Cost Management application at a time. B. You must have access to a separate instance of Oracle Analytics Cloud (Essbase) to use as the underlying data storage for Profitability and Cost Management. C. Applications must have a Point of View with Year, Period, and Scenario dimensions. D. Changes to Profitability and Cost Management dimensions must be deployed to the underlying Essbase database before running allocations. E. You can configure the underlying Essbase database as either a Block Storage (BSO) type or Aggregate Storage (ASO) type.

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Correct Answer: B,C Vote an answer

Question 3

After running a calculation, you are evaluating the results In the Rule Balancing screen. What can you do to Investigate the data In more detail?

A. Click on a rule number to open a report showing the entire allocation flow. B. Click on either Allocation in or Allocation Out to open an Allocation Trace. C. Click on a value to drill down to more detail in the Rule Balancing screen. D. Click on a value to open a context sensitive query in Smart View.

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Correct Answer: C Vote an answer

Question 4

Which two statements are true about allocation offset for allocation rules?

A. The offset location defines the member to hold any unallocated data from the source. B. Offsets are written to the Allocation Offset member of the Balance dimension, in combination with the other dimension members defined for the offset. C. Defining an allocation offset Is optional. D. By default, offsets are written to the source.

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Correct Answer: A,C Vote an answer

Question 5

You are creating a rule set for allocation rules. On the description tab, you select Use Global Context. Which two statements are true?

A. You can override the global context dimension selections at the rule set level. B. When you select Use Rule Set Context for a rule In this rule set, the dimension-member combinations defined In the Global Context section are also applied. C. At the rule level, the Rule Context tab is where you can edit any default contexts applied to the rule. D. On the Context tab for the rule set, you define default members for use In all rules added to the rule set.

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Correct Answer: B,C Vote an answer

Question 6

Which custom calculation formula Is syntactically correct?

A. [Adjustment In]= ([Input], [Rule]) * .15; B. (Adjustment In)= (Input, Rule) - .15; C. [Adjustment In]= ([Input], (Rule]) * .15 D. [Adjustment In]:= ([Input], [Rule]) * .15; E. [Adjustment In]:= [Input],[Rule] *.15

Discussion 0

Correct Answer: A Vote an answer