Free Oracle 1Z0-1061-24 Exam Questions

Become Oracle Certified with updated 1Z0-1061-24 exam questions and correct answers

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Total 328 Questions | Updated On: Jan 07, 2025

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Question 1

When creating applications and dimensions in Oracle Profitability and Cost Management Cloud Service 2023, which of the following statements is true?

A : mensions can only be created within applications.

B : plications can only be created within dimensions.

C : plications and dimensions can be created independently.

D : plications and dimensions cannot be created in Oracle Profitability and Cost Management Cloud Service.

Answer: C

Question 2

Which of the following is a best practice for creating and managing reports in Oracle Profitability and Cost Management Cloud Service?

A : complex formulas in report templates to achieve precise calculations.

B : clude all available dimensions in the report layout to provide comprehensive information

C : aggregation and suppression techniques to simplify and focus the report content.

D : verage custom scripts and external data sources for report generation.

Answer: C

Question 3

Which of the following statements accurately describes the role of the Profitability and Cost Management Cloud Service?

A : provides detailed reporting on an organization's financial performance, enabling the identification of opportunities for cost savings and optimization.

B : allows an organization to define and analyze complex models of profitability by analyzing past performances of the organizational structure.

C : enables an organization to develop detailed budget plans and forecasts, incorporating both financial and non-financial data.

D : provides a real-time analysis of the costs of your organization's products and services, including comparisons with industry benchmarks.

Answer: B

Question 4

Which of the following options describes the relationship between data load and allocation in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional?

A : location must always be run before loading data

B : ta load and allocation can be done concurrently without any issue

C : location can be run before or after data load but must not be run while data is being loaded

D : ta load must always be run before allocation

Answer: D

Question 5

Which of the following are valid options for configuring security in Oracle Profitability and Cost Management Cloud Service?\n\n1. Integration with Oracle Identity Cloud Service (IDCS)\n2. Integration with an external LDAP server\n3. Integration with Oracle Access Manager (OAM)\n4. Integration with an external SAML identity provider

A : 1, 2, 3, 4

B : 1 and 3

C : 2 and 4

D : 1 and 4

Answer: A

Page: 1 / 66

Total 328 Questions | Updated On: Jan 07, 2025

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