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NEW QUESTION # 122
When designing the architecture for a Profitability and Cost Management (PCM) Cloud Service implementation, which of the following is a best practice?
Answer: D
Explanation:
Option 1: Correct answer. Designing the application with a flat structure and using calculations and hierarchies to handle complex logic is a best practice in PCM implementation. This allows for flexibility and ease of maintenance. Option 2: Incorrect answer. Designing the application with a highly normalized structure can cause complexity and difficulty in maintaining the application. It is not a best practice in PCM implementation. Option 3: Incorrect answer. Designing the application with a denormalized structure may improve performance, but it can also lead to data redundancy and inconsistency. It is not a best practice in PCM implementation. Option 4: Incorrect answer. Designing the application with multiple separate applications increases complexity and can result in difficulties in consolidating data and generating accurate reports. It is not a best practice in PCM implementation.
NEW QUESTION # 123
Which statement is true about setting up models and rules in Oracle Profitability and Cost Management Cloud Service?
Answer: C
Explanation:
Option 1: Incorrect. Models consist of data structures, not database tables. Option 2: Incorrect. Rules define the calculations for allocating costs and revenues among dimensions, not just cost objects. Option 3: Correct. Oracle Profitability and Cost Management Cloud Service allows users to set up models and rules using either the Profitability and Cost Management web interface or the Oracle Smart View for Office. This provides flexibility and convenience for users with different preferences and workflows. Option 4: Incorrect. Models and rules can be set up by business users or administrators using the intuitive web interface or Smart View, without the need for programming skills.
NEW QUESTION # 124
Which of the following is the correct process for integrating Oracle Profitability and Cost Management Cloud Service with Oracle Planning and Budgeting Cloud Service? A) First, create the connection in Oracle Planning and Budgeting Cloud Service. Then create the integration in Oracle Profitability and Cost Management Cloud Service. B) First, create the integration in Oracle Profitability and Cost Management Cloud Service. Then create the connection in Oracle Planning and Budgeting Cloud Service. C) Create the integration and connection simultaneously in both Oracle Profitability and Cost Management Cloud Service and Oracle Planning and Budgeting Cloud Service. D) The integration between Oracle Profitability and Cost Management Cloud Service and Oracle Planning and Budgeting Cloud Service is not possible.
Answer: B
Explanation:
Option 1: The correct answer is First, create the connection in Oracle Planning and Budgeting Cloud Service. Then create the integration in Oracle Profitability and Cost Management Cloud Service. When integrating Oracle PBCS with PCMCS, you first deploy the integration from PCMCS and then move on the PBCS to set up the connection to the target instance. Option 2: This answer is incorrect because you should create the connection in Oracle Planning and Budgeting Cloud Service first. Then create the integration in Oracle Profitability and Cost Management Cloud Service. Option 3: This answer is incorrect because integrating both simultaneously is not possible. A connection needs to be established in PBCS through which PCMCS will be integrated, so it is necessary to create the connection from PBCS and create the integration from PCMCS. Option 4: This answer is incorrect because the integration between Oracle Profitability and Cost Management Cloud Service and Oracle Planning and Budgeting Cloud Service is possible.
NEW QUESTION # 125
Which of the following is true regarding setting up security in Oracle Profitability and Cost Management Cloud Service 2023?
Answer: D
Explanation:
Option 1: This option is incorrect because the administrator user account can be renamed or disabled, but cannot be deleted. Option 2: This option is correct because a user can be assigned multiple roles in different applications. Option 3: This option is incorrect because a security group can be assigned to multiple applications. Option 4: This option is incorrect because a data relationship management group can be granted access to an application.
NEW QUESTION # 126
Which option is used to integrate Oracle Profitability and Cost Management Cloud Service with external applications?
Answer: C
Explanation:
Option 1: Correct: Oracle Data Integrator is a comprehensive data integration platform that enables seamless integration between Oracle Profitability and Cost Management Cloud Service and other applications. Option 2: Incorrect: Oracle Enterprise Manager is a centralized management tool for Oracle software stack, but it is not specifically designed for integrating Oracle Profitability and Cost Management Cloud Service with external applications. Option 3: Incorrect: Web Data Entry is a feature within Oracle Profitability and Cost Management Cloud Service that allows users to manually enter data, but it does not provide integration capabilities with external applications. Option 4: Incorrect: Oracle Hyperion Financial Management is a separate Oracle product for financial consolidation and reporting, and it does not directly integrate with Oracle Profitability and Cost Management Cloud Service.
NEW QUESTION # 127
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