Question 1

Which of the following statements regarding the architecture of Oracle Profitability and Cost Management Cloud Service 2023 (PCMCS) is correct?

Options :

A : PCMCS leverages the power of Essbase as its underlying multidimensional database

B : PCMCS uses a relational database as its underlying data storage

C : PCMCS architecture is built entirely on cloud-native technologies

D : PCMCS architecture is based on an on-premises installation

Answer: A

Question 2

What is the process of accurately determining the profitability of customers, products, and channels within an organization?

Options :

A : Profitability calculation

B : Cost allocation

C : Profitability analysis

D : Costing methodology

Answer: C

Question 3

Which feature of Oracle Profitability and Cost Management Cloud Service allows you to integrate with other applications and import data from external sources?

Options :

A : Data Integration Manager

B : Data Connector

C : Data Load Rule

D : Data Import Wizard

Answer: B

Question 4

Which of the following options is the best way to create a hierarchy of accounts and cost centers in Oracle Profitability and Cost Management Cloud Service 2023?

Options :

A : Create a Dimension library that combines the accounts and cost centers into a single hierarchy

B : Create separate Dimensions for accounts and cost centers, then create an Application that combines them into a single hierarchy

C : Create a single Dimension for either accounts or cost centers, then use formula logic to roll up the hierarchy

D : Create separate Applications for accounts and cost centers, then create a Calculation Manager rule that combines them into a single hierarchy

Answer: B

Question 5

Which type of report provides a high-level summary of the overall profit and cost analysis for a specific time period?

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