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Exam2pass > Oracle > Oracle Certifications > 1Z0-1082-21 > 1Z0-1082-21 Online Practice Questions and Answers

1Z0-1082-21 Online Practice Questions and Answers

Questions 4

Which set of dimensions Is required for Profitability and Cost Management applications?

A. Two system dimensions (Balance and Rule), at least one Business dimension, at least one POV dimension

B. Three system dimensions (Balance, Rule, and Drivers), at least two Business dimensions, at least one POV dimension

C. Three system dimensions (Balance, Rule, and Drivers), at least one Business dimension, at least one POV dimension

D. Two system dimensions (Balance and Rule), at least one Business dimension, at least one POV dimension, at least one Attribute dimension, at least one Alias dimension

E. Two system dimensions (Balance and Rule), at least one Business dimension, at least one POV dimension, at least one Alias dimension

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Correct Answer: D

Questions 5

Which statement Is FALSE about data grants?

A. They can be assigned to groups or individual users.

B. They can be assigned to Service Administrators or Power Users.

C. They are used to control what dimensions and members can be accessed by the assigned users.

D. They generate security filters in Essbase when the database is deployed.

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Correct Answer: C

Questions 6

Assume that the proper data permissions have been assigned In Profitability and Cost Management. Which two actions can you perform In Smart View?

A. Display Analysis Views and Profit Curves that you created in Profitability and Cost Management in an Excel spreadsheet.

B. Create reusable Smart Queries to use for ad hoc reporting and analysis In Excel.

C. Update driver data in Excel and submit the changes back to Profitability and Cost Management.

D. Update dimension members and properties In Excel and submit the changes back to Profitability and Cost Management.

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Correct Answer: BD

Questions 7

Which statement Is FALSE about Dimension Management In Profitability and Cost Management?

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

B. System dimensions ore not displayed In Dimension Management.

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

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

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Correct Answer: C

Questions 8

Which custom calculation formula Is syntactically correct?

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

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

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

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

E. (Adjustment In)= (Input, Rule) - .15;

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Correct Answer: A

Questions 9

You update the name of a member that Is used In a number of allocation rules.

After deploying the changes to the database, what step can you take next to update your rules?

A. The system automatically propagates the name change to your allocation rules; no additional step is necessary.

B. Use the Find and Replace tool In the Manage Rules screen to replace the member In all rules that use It.

C. On the Mass Edit tab of the Designer screen, create and run a job to replace the member in all rules that use it.

D. Use the ReplaceMember command In EPM Automate to replace the member In all rules that use It.

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Correct Answer: D

Questions 10

Which Is NOT Included In the Profitability and Cost Management analytics tools?

A. Trace Allocations

B. Analysis Views

C. Key Performance Indicators (KPIs)

D. Sculler Analysis Graph

E. Rule Update Analysis

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Correct Answer: D

Questions 11

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

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

B. Create a custom application with dimensions from Hal files.

C. Create a custom application from an Essbase outline file.

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

E. Migrate an exported on-premises Profitability and Cost Management application using a migration template file.

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Correct Answer: ACE

Questions 12

Which Is a valid set with report objects, when designing reports in Financial Reporting Web Studio?

A. Tables, Charts, Text, KPIs

B. Grids, Charts, Profit Curves, Text

C. Text, Charts, Grids, Images

D. Charts, KPIs, Profit Curves. Tables

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Correct Answer: C

Questions 13

Which type of application Is created In Profitability and Cost Management?

A. Management Ledger

B. Financial

C. Standard

D. Cost

E. Detailed

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Correct Answer: C

Exam Code: 1Z0-1082-21
Exam Name: Oracle Profitability and Cost Management 2021 Implementation Essentials
Last Update: Jun 13, 2025
Questions: 55

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