Free Oracle 1Z0-1061-24 Exam Questions

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

Page: 1 / 66

Total 328 Questions | Updated On: Nov 14, 2024

Add To Cart

Question 1

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

A : top-down allocations to allocate costs from a central profit center to other profit centers.

B : ly allocate costs to profit centers that directly contribute to revenue generation

C : standard costing to calculate the cost of products or services.

D : nore the impact of indirect expenses on profitability analysis.

Answer: A

Question 2

What is the main function of the Oracle Profitability and Cost Management Cloud Service?

A : provide real-time costing and profitability analysis to support business decisions

B : provide basic financial reporting and accounting functionality

C : provide cloud-based storage for financial data

D : automate the budgeting and planning process

Answer: A

Question 3

Which feature in Oracle Profitability and Cost Management Cloud Service allows you to estimate future costs?

A : location Rules

B : iver-Based Modeling

C : t Engine

D : enario Management

Answer: B

Question 4

What is the recommended approach for creating custom dimensions in Oracle Profitability and Cost Management Cloud Service?

A : the predefined dimensions and extend them as needed

B : eate new dimensions from scratch using the Dimension Editor

C : port dimensions from an external system using a data file

D : the Rule Balancing feature to automatically create dimensions

Answer: A

Question 5

When creating applications and dimensions in Oracle Profitability and Cost Management Cloud Service, which feature allows you to define different hierarchies within a dimension based on different attributes?

A : tribute-Based Dimension

B : art Formulas

C : namic Variables

D : del Balancing

Answer: A

Page: 1 / 66

Total 328 Questions | Updated On: Nov 14, 2024

Add To Cart