[Feb-2023] Latest Oracle 1Z0-1082-21 Certification Practice Test Questions [Q22-Q46]

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[Feb-2023] Latest Oracle 1Z0-1082-21 Certification Practice Test Questions

Verified 1Z0-1082-21 Dumps Q&As – 1 Year Free & Quickly Updates

Oracle 1Z0-1082-21 Exam Syllabus Topics:

Topic	Details
Topic 1	Perform batch processing – define batch, execute batch, schedule job Profitability and Cost Management Overview
Topic 2	Design reports using Financial Reporting Web Studio Describe Profitability and Cost Management essential concepts
Topic 3	Explain rules and rule sets (including contexts, rule types, and calculation sequences and options) Back up applications and migrate artifacts
Topic 4	Perform a Pre-Update Analysis and Update Dimensions Describe logic accounts and identify use cases
Topic 5	Describe Profitability and Cost Management system architecture and requirements Build EPM Cloud automation routines – Job Scheduler, EPMAutomate
Topic 6	Create application with dimensions from flat files Describe Smart View and EPM Cloud extensions
Topic 7	Describe use cases for Data Management Managing a PCM Custom Application Build Oracle EPM Cloud Foundation

Q22. Which two statements are true about the Simple Workflow mode in Data Management?

It provides a performance Improvement when processing large volumes of data

You can view data in the Workbench after loading.

It limits data movement between staging tables.

It is the default mode for processing data.

Drill down Is supported.

Q23. 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

Q24. Which three are valid statements about Locations In Data Management?

A location can be assigned to more than one data load rules.

A location can be assigned to more than one Import format.

You can create duplicate locations with the same source system and application combination.

Different locations can use the same import format.

A location may have more than one source system.

Q25. After running a calculation, you are evaluating the results In the Rule Balancing screen. What can you do to Investigate the data In more detail?

Click on either Allocation in or Allocation Out to open an Allocation Trace.

Click on a value to drill down to more detail in the Rule Balancing screen.

Click on a rule number to open a report showing the entire allocation flow.

Click on a value to open a context sensitive query in Smart View.

Q26. Assume the computer hardware supports parallel calculation. Given these two rule sets, in what order will the rules be calculated?

Rule 1, Rule A, and Rule 5 will run In parallel; then Rule 2, Rule, 3, and Rule 6 will run in parallel (two separate calculation steps).

Rule 1; then Rule 2 and Rule 3 will run in parallel; then Rule 4 and Rule 5 will run in parallel; then Rule 6 (four separate calculation steps).

Rule 1, Rule A, and Rule 5 will run in parallel while Rule 2, Rule 3, and Rule 6 also run in parallel (one calculation step).

Rule 1; then Rule 4 and Rule 5 will run in parallel; then Rule 2 and Rule 3 will run in parallel; then Rule 6 (four separate calculation steps).

Q27. 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

Q28. Which two are valid ways to delete a dimension member?

importing a dimension structure into the application

using EPM Automate

using the Dimension Management feature

using Smart View

Q29. 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).

Q30. Which two statements are true about model validation?

You cannot deploy the application if model validation returns Invalid conditions.

Model validation validates rules, rule sets, and dimensions.

Running a model validation displays an error table with Information about Invalid conditions.

After the application is deployed, it can detect invalid model artifacts if changes are made to dimensions.

Q31. Given the following possible actions:
1. Register a Source System
2. Register a Target Application
3. Create an Import Format
4. Define a Location
5. Create a Point of View
6. Define mappings for Period and Category
7. Define mappings for all dimensions
8. Define mappings for only those dimensions requiring mappings
9. Create a Data Load Rule
What are the required steps in Data Management to create a data Integration for Profitability and Cost Management?

1,2,3,4,8,0

1,2,3,4,5,6,7,9

1,2,3,4,5,6,8,9

1,2,3,4,6,8,9

1,2,3,4,6,7,9

Q32. 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.

Q33. Which three are valid ways to create Profitability and Cost Management applications?

Import a backup snapshot from another instance of Profitability and Cost Management,

Create a custom application with dimensions from Hal files.

Create a custom application from an Essbase outline file.

Create a custom application with no dimensions, then create and load dimensions in Data Management.

Migrate an exported on-premises Profitability and Cost Management application using a migration

template file.

Q34. Which two statements are true about allocation offset for allocation rules?

Offsets are written to the Allocation Offset member of the Balance dimension, in combination with the other dimension members defined for the offset.

Defining an allocation offset Is optional.

The offset location defines the member to hold any unallocated data from the source.

By default, offsets are written to the source.

Q35. 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

Q36. Which three components are required to create a valid rule set?

Using Global Context defined in POV

Rule Set execution method

Rule Set Name

Sequence

Defined rule set context

Q37. 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.

Q38. 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

Q39. 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.

Q40. 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:

Which business dimension members should you select for the driver location on the Driver Basis tab when you define the allocation rule?