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NEW QUESTION # 153
When creating a cube in Oracle Profitability and Cost Management Cloud Service, which step is required to define the data that will be included in the cube?
Answer: B
Explanation:
Option 1: Incorrect. Defining the hierarchy structure is an optional step in creating a cube. It determines the way data is organized within the cube, but it does not define the actual data that will be included. Option 2: Correct. When creating a cube in Oracle Profitability and Cost Management Cloud Service, the step of defining the dimensions is required to define the data that will be included in the cube. Dimensions represent the various attributes or characteristics of the data that will be stored in the cube. Option 3: Incorrect. Defining the attributes is not a required step in creating a cube. Attributes provide additional details or properties for the data within the cube, but they do not define the data itself. Option 4: Incorrect. Defining the cubes is not a required step in creating a cube. The cube is the final result of the cube creation process, and it is built upon the
NEW QUESTION # 154
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to define and apply custom business rules to allocate costs across various dimensions?
Answer: B
Explanation:
Option 1: Incorrect. Dimensional rules in Oracle Profitability and Cost Management Cloud Service are used to define and apply calculations based on specific dimensions, not to allocate costs. Option 2: Correct. Allocation rules in Oracle Profitability and Cost Management Cloud Service allow users to define and apply custom business rules to allocate costs across various dimensions. Option 3: Incorrect. Profitability rules in Oracle Profitability and Cost Management Cloud Service are used to calculate and analyze profitability based on revenues and costs, not to allocate costs. Option 4: Incorrect. Allocation methods in Oracle Profitability and Cost Management Cloud Service are predefined methods used to allocate costs, not custom business rules.
NEW QUESTION # 155
Which option is the best way to manage data and metadata in Oracle Profitability and Cost Management Cloud Service?
Answer: C
Explanation:
Option 1: Correct. Using Data Management allows for efficient loading and management of data from external sources, ensuring data integrity and accuracy. Option 2: Incorrect. While Smart View can be used to manually enter and manage data, it is not the best option for managing large amounts of data or maintaining data integrity. Option 3: Incorrect. Calc Manager is used to automate data calculations, but it is not the best option for managing data and metadata. Option 4: Incorrect. Financial Reporting Studio is used to create reports, but it is not the best option for managing data and metadata.
NEW QUESTION # 156
When it comes to managing metadata in Oracle Profitability and Cost Management Cloud Service, which of the following statements is NOT correct?
Answer: D
Explanation:
Option 1: This answer is incorrect. Oracle Profitability and Cost Management Cloud Service allows you to manage metadata for multiple application types, including Cost, Move, and Usage. You can perform various metadata management tasks using the Manage Dimensions and Manage Members tasks as well as the Manage Metadata task. Option 2: This answer is incorrect. You can create, copy, and delete metadata dimensions using the Manage Dimensions task. You can also rename dimensions, set the sequence in which dimensions appear in the application, and view a dimension's properties and dependencies. Option 3: This answer is incorrect. You can add new members to dimensions, update existing ones, and delete members that are no longer needed using the Manage Members task. You can also view member properties, dependencies, and member formulas. Option 4: This answer is correct. You can view metadata members that have been used in an existing cube or application. This is important because it allows you to understand how the data is being used and how changes to the metadata may impact the data. You can view metadata utilization using the Metadata Usage report.
NEW QUESTION # 157
Which of the following methods can be used to load data into Oracle Profitability and Cost Management Cloud Service?
Answer: C
Explanation:
Option 1: Correct: Data Management is a tool that can be used to load data into Oracle Profitability and Cost Management Cloud Service. It provides functionality to import and export large volumes of data through a user-friendly interface. Option 2: Incorrect: Smart View can be used for reporting and analysis purposes, but it is not a tool designed specifically for data loading. Option 3: Incorrect: Data Integrator is a tool used for integrating disparate data sources, but it is not typically used for loading data into Oracle Profitability and Cost Management Cloud Service. Option 4: Incorrect: Data Relationship Management is a tool used for managing master data, but it is not used for loading data into Oracle Profitability and Cost Management Cloud Service.
NEW QUESTION # 158
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