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NEW QUESTION # 292
Which step is required to complete the integration between Oracle Profitability and Cost Management Cloud Service and Oracle Enterprise Performance Management Cloud?
Answer: B
NEW QUESTION # 293
When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following features can be used to create conditional formatting?
Answer: D
Explanation:
Option 1: Incorrect. Dynamic calculations are used to perform calculations based on the hierarchy structure of the data and cannot be used to create conditional formatting. Option 2: Incorrect. Business rules are used to perform calculations and allocations, but they cannot be used to create conditional formatting. Option 3: Incorrect. Custom metrics are used to define calculations and aggregations, but they cannot be used to create conditional formatting. Option 4: Correct. Cell styles can be used to define rules that determine how cells are formatted based on specific conditions, such as cell values or data ranges.
NEW QUESTION # 294
Which feature in Oracle Profitability and Cost Management Cloud Service allows users to analyze the profitability of different products or services?
Answer: C
Explanation:
Option 1: Incorrect. Allocation is a feature in Oracle Profitability and Cost Management Cloud Service that allows users to distribute costs or revenues to different objects or activities, not specifically analyze profitability. Option 2: Incorrect. Advanced analytics is a feature in Oracle Profitability and Cost Management Cloud Service that provides advanced statistical and predictive analytics capabilities, but it is not specifically focused on analyzing profitability. Option 3: Incorrect. Cost accounting is a feature in Oracle Profitability and Cost Management Cloud Service that allows users to track and manage costs, but it does not specifically focus on analyzing profitability. Option 4: Correct. Profitability analysis is a feature in Oracle Profitability and Cost Management Cloud Service that allows users to analyze the profitability of different products or services by breaking down costs and revenues.
NEW QUESTION # 295
Which of the following is a best practice for managing profitability in Oracle Profitability and Cost Management Cloud Service?
Answer: C
Explanation:
Option 1: Correct. Utilizing activity-based costing to allocate costs to products is a best practice in managing profitability. This allows for a more accurate analysis of the costs associated with each product. Option 2: Incorrect. Analyzing financial data at the hourly level may not be necessary for managing profitability and can be overly detailed. It is more common to analyze financial data at a higher level, such as daily or monthly. Option 3: Incorrect. Performing profitability analysis on a monthly basis may not provide real-time insights into profitability. It is recommended to perform analysis more frequently, such as weekly or daily, to react quickly to any changes in profitability. Option 4: Incorrect. Using a single cost driver for all expenses may oversimplify the allocation of costs and lead to inaccurate profitability analysis. It is best practice to use multiple cost drivers that align with the different expenses incurred.
NEW QUESTION # 296
When loading data into Oracle Profitability and Cost Management Cloud Service, which method should be used to load data in bulk?
Answer: D
Explanation:
Option 1: Correct. Smart View is the recommended method for loading data in bulk into Oracle Profitability and Cost Management Cloud Service. It provides a flexible and efficient way to load large volumes of data from a variety of sources. Option 2: Incorrect. Data Management is not the recommended method for loading data in bulk into Oracle Profitability and Cost Management Cloud Service. While it is a powerful tool for data integration and management, it is not specifically designed for bulk data loading. Option 3: Incorrect. The Data Load Wizard is not the recommended method for loading data in bulk into Oracle Profitability and Cost Management Cloud Service. It is typically used for smaller data loads or for ad-hoc data loading. Option 4: Incorrect. File-based Data Integration is not the recommended method for loading data in bulk into Oracle Profitability and Cost Management Cloud Service. While it can be used to load data, it is not specifically designed for bulk data loading.
NEW QUESTION # 297
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