Verified & Correct 1Z0-1082-21 Practice Test Reliable Source Sep 06, 2022 Updated [Q19-Q37]

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Verified & Correct 1Z0-1082-21 Practice Test Reliable Source Sep 06, 2022 Updated

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NO.19 Which two are valid statements about Profitability and Cost Management application requirements?

Changes to Profitability and Cost Management dimensions must be deployed to the underlying Essbase database before running allocations.

You must have access to a separate instance of Oracle Analytics Cloud (Essbase) to use as the underlying data storage for Profitability and Cost Management.

You can configure the underlying Essbase database as either a Block Storage (BSO) type or Aggregate Storage (ASO) type.

Applications must have a Point of View with Year, Period, and Scenario dimensions.

An EPM Cloud service instance can support only one Profitability and Cost Management application at a time.

NO.20 You are creating a rule set for allocation rules. On the description tab, you select Use Global Context. Which two statements are true?

You can override the global context dimension selections at the rule set level.

When you select Use Rule Set Context for a rule In this rule set, the dimension-member combinations defined In the Global Context section are also applied.

At the rule level, the Rule Context tab is where you can edit any default contexts applied to the rule.

On the Context tab for the rule set, you define default members for use In all rules added to the rule set.

NO.21 Which Is NOT Included In the Profitability and Cost Management analytics tools?

Trace Allocations

Analysis Views

Key Performance Indicators (KPIs)

Sculler Analysis Graph

Rule Update Analysis

NO.22 Which set of items do you need to define for a custom calculation rule?

Result dimension, target range, formula

Source, destination, offset, formula

Target range, formula, offset

Source, target range, destination, formula

NO.23 What Is the maximum number of screens a Dashboard can display at one time?

NO.24 Which statement Is FALSE about Dimension Management In Profitability and Cost Management?

You can manually edit Business, Attribute, and Point of View dimensions.

System dimensions ore not displayed In Dimension Management.

Profitability and Cost Management uses dimensions and members created In Oracle Essbase.

Dimensions are imported using flat files or the Data Management feature.

NO.25 Which two statements are true about the Rule Balancing table?

The default model view Includes the top members across all business dimensions.

It shows the potential effects of an allocation before you run It.

It Includes the Initial Input value, as well as allocations In, allocations out, and offsets.

It shows information for all rules in the selected rule sets.

NO.26 Which three are steps to create an allocation rule?

populate the driver basis dimensions

select the execution method

populate the allocation formula

populate the destination dimensions

populate the source dimensions

NO.27 For which two of these purposes can you use model views?

To create analysis views for specific slices of data

To assign data grants to specific slices of data

To filter the results when tracing allocations or performing rule balancing

When mass editing rules, to limit the edits to a subset of the data

When copying POVs, to limit the copy to a subset of the data

NO.28 What are two ways to create custom reports on the data In Profitability and Cost Management?

Import report templates from the Download link in the Settings menu and customize them for your application.

Create forms In Profitability and Cost Management that can be displayed in dashboards.

Create queries In Profitability and Cost Management that open in Smart View when you run them.

Create formatted reports in Financial Reporting Web Studio.

NO.29 Which Is NOT a valid Point of View (POV) state?

Archived

Final

Published

Draft

NO.30 Which type of application Is created In Profitability and Cost Management?

Management Ledger

Financial

Standard

Cost

Detailed

NO.31 Which three are valid functions of logic accounts In Data Management?

Logic accounts allow the mapping of a source account based on its value (conditional mapping).

Logic accounts can perform arithmetic operations on source values (arithmetic mapping).

Logic accounts determine how the source fields are stored In the Data Management staging tables (storing mapping).

Simple logic groups enable you to derive logic items front any combination of dimensions (derived mapping).

Logic accounts allow the mapping of one source account to multiple target accounts (statistical mapping).

NO.32 Which two are required steps In creating an allocation rule?

Assign the rule sequence number,

Create at least one global context.

Create a rule set for the rule.

Create a rule set context.

NO.33 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?

Iterative Execution

Circular Execution

Batch Execution

Serial Execution

Parallel Execution

NO.34 Which two are valid statements about the Balance and Rule dimensions?

Rule names are assigned as aliases to the rule number members In the Rule dimension.

Data is loaded to the member Input in the Balance dimension.

Data Is loaded to the member Input In the Rule dimension.

The Balance dimension is considered a POV dimension.

Data for the members Allocation In and Allocation. Out are populated by Profitability and Cost Management rules.

NO.35 Which types of dimensions do you use to define model views?

Business dimensions only

Business dimensions, POV dimensions

Business dimensions, POV dimensions. System dimensions

POV dimensions. System dimensions

NO.36 Which custom calculation formula Is syntactically correct?

[Adjustment In]= ([Input], [Rule]) * .15;

[Adjustment In]= ([Input], (Rule]) * .15

[Adjustment In]:= ([Input], [Rule]) * .15;

[Adjustment In]:= [Input],[Rule] *.15

(Adjustment In)= (Input, Rule) – .15;

NO.37 Which two statements are TRUE about cloning snapshots?

You cannot clone a snapshot to a target In a different Identity Domain from the source.

You can select any snapshot from the source environment to clone to the target environment.

After cloning, the daily maintenance start time of the target environment Is reset to that of the source environment.

The cloning process deletes any existing application and uploaded files from the target environment.

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Oracle 1Z0-1082-21 Exam Syllabus Topics:

Topic	Details
Topic 1	Describe use cases for Data Management Managing a PCM Custom Application Build Oracle EPM Cloud Foundation
Topic 2	(New) Perform model and rule data validation Set up and configure Cloud security
Topic 3	Create application with dimensions from flat files Describe Smart View and EPM Cloud extensions
Topic 4	Perform a Pre-Update Analysis and Update Dimensions Describe logic accounts and identify use cases
Topic 5	Perform batch processing – define batch, execute batch, schedule job Profitability and Cost Management Overview
Topic 6	Explain rules and rule sets (including contexts, rule types, and calculation sequences and options) Back up applications and migrate artifacts
Topic 7	Describe types of queries run from the Intelligence Panel Perform loading data tasks: create member mappings, define data load rules, run or schedule data load rules
Topic 8	Describe Profitability and Cost Management system architecture and requirements Build EPM Cloud automation routines – Job Scheduler, EPMAutomate