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NEW QUESTION # 86
What is the purpose of the Sandbox environment in Oracle Profitability and Cost Management Cloud Service?
Answer: D
Explanation:
Option 1: This option is incorrect because a production environment is never used for testing and development purposes. Option 2: This option is correct because the Sandbox environment is used to test new features before they are deployed to the production environment. Option 3: This option is incorrect because a separate development environment, such as Oracle Cloud Infrastructure - Classic, would be used for building and testing applications. Option 4: This option is incorrect because the purpose of the Sandbox environment is not for backup and disaster recovery purposes. It is primarily used for testing new features.
NEW QUESTION # 87
Which component of Oracle Profitability and Cost Management Cloud Service allows users to create and maintain cost assignment and allocation rules?
Answer: C
Explanation:
Option 1: Incorrect. The data model in Oracle Profitability and Cost Management Cloud Service is used to define the structure and relationships of data. It does not allow users to create and maintain cost assignment and allocation rules. Option 2: Correct. The calculation engine in Oracle Profitability and Cost Management Cloud Service allows users to create and maintain cost assignment and allocation rules. It provides the capability to define complex calculations and rules for allocating costs to different dimensions and hierarchies. Option 3: Incorrect. The user interface in Oracle Profitability and Cost Management Cloud Service provides a graphical user interface for users to interact with and view data. It does not allow users to create and maintain cost assignment and allocation rules. Option 4: Incorrect. The dashboard in Oracle Profitability and Cost Management Cloud Service provides a visual representation of data and key performance indicators. It does not allow users to create and maintain cost assignment and allocation rules.
NEW QUESTION # 88
ABC Company wants to analyze the profitability of its products by region. Which feature of Oracle Profitability and Cost Management Cloud Service should they use?
Answer: B
Explanation:
Option 1: Incorrect. Activity-based costing is a method used to assign costs to activities and then to products based on their consumption of those activities. It is not specifically designed for analyzing profitability by region. Option 2: Correct. Profitability modeling is a feature of Oracle Profitability and Cost Management Cloud Service that allows companies to analyze and model profitability by various dimensions, including region. This feature helps ABC Company to analyze the profitability of its products by region. Option 3: Incorrect. Cost allocation is a feature used to allocate costs to specific objects or activities, but it is not focused on analyzing profitability by region. Option 4: Incorrect. Revenue recognition is a feature related to accounting and recognizing revenue, but it is not specifically designed for analyzing profitability by region.
NEW QUESTION # 89
When integrating Oracle Profitability and Cost Management Cloud Service with other applications, which integration method allows for real-time data synchronization?
Answer: B
Explanation:
Option 1: Incorrect. RESTful Web Services provide a means for integrating with other applications, but it does not support real- time data synchronization. Option 2: Incorrect. File-Based Data Import/Export allows for bulk data imports/exports, but it does not support real-time data synchronization. Option 3: Correct. Oracle Data Integrator (ODI) allows for real-time data synchronization by leveraging its E-LT (Extract, Load, and Transform) architecture. It provides the ability to extract data from different sources, perform transformations, and load the data into Oracle PBCS. Option 4: Incorrect. Oracle Integration Cloud provides application integration services but does not support real-time data synchronization with Oracle PBCS.
NEW QUESTION # 90
Which of the following statements is true regarding user roles in Oracle Profitability and Cost Management Cloud Service?
Answer: A
Explanation:
Option 1: Incorrect. User roles can be assigned to both individual users and groups. Assigning roles to groups enables easy management of user access. Option 2: Correct. User roles control access to dimensions, data forms, and data map in the application. They determine which users can view, edit, or administer different parts of the application. Option 3: Incorrect. User roles can be customized and modified to meet specific business requirements. Additional privileges can be added or existing privileges can be revoked. Option 4: Incorrect. User roles do have a predefined set of privileges, but as mentioned above, they can be customized and modified to meet specific business requirements.
NEW QUESTION # 91
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