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1Z0-1082-21 Online Practice Questions and Answers

Questions 4

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

A. Changes to Profitability and Cost Management dimensions must be deployed to the underlying Essbase database before running allocations.

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. You can configure the underlying Essbase database as either a Block Storage (BSO) type or Aggregate Storage (ASO) type.

D. Applications must have a Point of View with Year, Period, and Scenario dimensions.

E. An EPM Cloud service instance can support only one Profitability and Cost Management application at a time.

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Questions 5

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;

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Questions 6

Which two are required steps In creating an allocation rule?

A. Assign the rule sequence number,

B. Create at least one global context.

C. Create a rule set for the rule.

D. Create a rule set context.

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Questions 7

Which Is NOT Included In the Profitability and Cost Management analytics tools?

A. Trace Allocations

B. Analysis Views

C. Key Performance Indicators (KPIs)

D. Sculler Analysis Graph

E. Rule Update Analysis

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Questions 8

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

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Questions 9

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

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Questions 10

Which Is a valid set with report objects, when designing reports in Financial Reporting Web Studio?

A. Tables, Charts, Text, KPIs

B. Grids, Charts, Profit Curves, Text

C. Text, Charts, Grids, Images

D. Charts, KPIs, Profit Curves. Tables

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Questions 11

Which two statements are TRUE about cloning snapshots?

A. You cannot clone a snapshot to a target In a different Identity Domain from the source.

B. You can select any snapshot from the source environment to clone to the target environment.

C. After cloning, the daily maintenance start time of the target environment Is reset to that of the source environment.

D. The cloning process deletes any existing application and uploaded files from the target environment.

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Questions 12

Which system report verifies that all required source and driver data Is included for allocation and custom calculation rules?

A. RuleData Validation Report

B. Rule Documentation Report

C. Model Validation Report

D. Rule Execution Statistics Report

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Questions 13

Which type of application Is created In Profitability and Cost Management?

A. Management Ledger

B. Financial

C. Standard

D. Cost

E. Detailed

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Exam Code: 1Z0-1082-21
Exam Name: Oracle Profitability and Cost Management 2021 Implementation Essentials
Last Update: Mar 25, 2025
Questions: 55
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