Oracle
1Z0-1082-23
Oracle Profitability and Cost Management Cloud Service
2023 Implementation Professional
QUESTION & ANSWERS
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QUESTION 1
Which type of application Is created In Profitability and Cost Management?
A.
B.
C.
D.
E.
Management Ledger
Financial
Standard
Cost
Detailed
Correct Answer: C
QUESTION 2
Your business process includes a series of allocations where administrative costs are allocated from
HR to TT
and Finance, from IT to Finance and HR, and from Finance to HR and IT.
Which calculation option should you select for the rule set that Includes these allocations?
A.
B.
C.
D.
E.
Iterative Execution
Circular Execution
Batch Execution
Serial Execution
Parallel Execution
Correct Answer: A
QUESTION 3
You are creating a rule to allocate IT costs to entitles based on the Headcount for each entity. There
are three
business dimensions In the application (Product, Entity, and Account).
The allocation source definition:
Account: IT Cost; Product: NoProduct; Entity: Corporate HQ
The allocation destination definition:
Account: IT Cost; Product: NoProduct; Entity: Descendants of Entity
Disregarding the system and POV dimensions, this data file shows where Headcount data is loaded in
the
application:
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Which business dimension members should you select for the driver location on the Driver Basis tab
when you define the allocation rule?
A.
B.
C.
D.
NoProduct, Headcount
Headcount
Entity1, Entity2, Entity3, Entity4
NoProduct, Corporate HQ, Headcount
Correct Answer: D
QUESTION 4
Which two statements are true about Period and Category Mapping definitions In Data Management?
A. Period mappings define the mapping between ERP calendars and Profitability and Cost
Management years and periods.
B. If the source category matches the target category in Data Management (e.g. "Actual" to
"Actual"), then a category mapping definition Is not required.
C. You use source level period mapping when you have multiple target applications and various
source systems with different period types.
D. Period and category mappings are defined separately from data load member mapping.
Correct Answer: A,C
QUESTION 5
Which Is NOT a key quality of the Models Interface In Profitability and Cost Management?
A.
B.
C.
D.
Setting up the flow of funds through the financial system
Managing and running reports
Managing rules and rule sets
Point and click model administration and calculation
Correct Answer: D
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