Free Oracle 1Z0-1061-24 Exam Dumps Questions & Answers

Which feature in Oracle Profitability and Cost Management Cloud Service allows users to define the allocation of indirect costs or revenue across dimensions?

• A.  Cost Drivers
• B.  Allocation Rules
• C.  Activity Cost Rates
• D.  Profitability Models

Which feature in Oracle Profitability and Cost Management Cloud Service allows users to integrate data from other applications and systems?

• A.  Dimension Mapping Rule
• B.  Data Integration Rule
• C.  Data Load Rule
• D.  Data Integration Rule Set

Which feature in Oracle Profitability and Cost Management Cloud Service allows users to define cost drivers and calculate costs based on specific allocation rules?

• A.  Cost Accounting
• B.  Driver-Based Profitability
• C.  Workforce Planning
• D.  Financial Consolidation and Close

Which of the following statements is correct regarding setting up models and rules in Oracle Profitability and Cost Management Cloud Service 2023 Implementation?

• A.  Rules in Oracle Profitability and Cost Management Cloud Service 2023 Implementation cannot be based on formula calculations.
• B.  Models are used to define the structure and the dimensions of the data used in the application.
• C.  Models in Oracle Profitability and Cost Management Cloud Service 2023 Implementation cannot contain multiple dimensions.
• D.  Rules are used to define how the data will be calculated and aggregated in the application.

What is the purpose of running an allocation in Oracle Profitability and Cost Management Cloud Service?

• A.  To create dashboards and reports.
• B.  To import data from external sources.
• C.  To distribute costs and revenues among different business units or accounts.
• D.  To calculate the cost of goods sold (COGS).