Free Oracle 1Z0-1061-24 Exam Dumps Questions & Answers

Which security option in Oracle Profitability and Cost Management Cloud Service allows users to define a hierarchy of teams to manage access to dimensions and data?

• A.  Role-Based Access Control (RBAC)
• B.  Security Filters
• C.  Access Control Lists (ACL)
• D.  Data Access Management (DAM)

Which hierarchy level is used to define which accounts are revenue, expense, and statistical in a custom application?

• A.  Account
• B.  Account Type
• C.  Rule Set
• D.  Dimensionality

What is the purpose of the Overview and Architecture section in the Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional exam?

• A.  To understand the product architecture
• B.  To learn about the available security controls
• C.  To learn about the available reporting capabilities
• D.  To understand the different options for data integration

What is the purpose of using allocation rules in Oracle Profitability and Cost Management Cloud Service?

• A.  To automate the creation of journals and accounting entries based on predefined criteria.
• B.  To define the calculation steps for dimension members in order to generate accurate costing and profitability information.
• C.  To provide user access control for the data input and reports in the application.
• D.  To distribute costs and revenues among different sections of an organization based on certain criteria.

Which of the following is true regarding setting up security in Oracle Profitability and Cost Management Cloud Service 2023?

• A.  A user can be assigned multiple roles in different applications.
• B.  A data relationship management group cannot be granted access to an application.
• C.  The administrator user account cannot be deleted or renamed.
• D.  A security group can be assigned to a single application only.