1Z0-1082-22 Oracle Profitability and Cost Management 2022 Implementation Professional Exam

Format: Multiple Choice
Duration: 90 Minutes
Number of Questions: 55
Passing Score: 66%
Validation: This exam has been validated against 22A/22B
Policy: Cloud Recertification

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Oracle Profitability and Cost Management 2022 Certified Implementation Professional
 

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Prepare to pass exam: 1Z0-1082-22
An Oracle Profitability and Cost Management 2022 Certified Implementation Professional has demonstrated the knowledge and skills of implementing Enterprise Performance Management and Oracle Profitability and Cost Management Cloud solutions. This individual understands Profitability and Cost Management system architecture and requirements, can set up and configure Cloud security, build EPM Cloud automation routines, perform lifecycle management for different scenarios, create a PCM application, create and manage Allocations, and design reports using Financial Reporting Studio.

Take recommended training
Complete one of the courses below to prepare for your exam (optional):

Additional Preparation and Information
A combination of Oracle training and hands-on experience (attained via labs and/or field experience), in the learning subscription, provides the best preparation for passing the exam.

Review exam topics

Profitability and Cost Management Overview
Describe Profitability and Cost Management essential concepts
Describe Profitability and Cost Management system architecture and requirements

Oracle EPM Cloud Foundation
Set up and configure Cloud security
Build EPM Cloud automation routines – Job Scheduler, EPMAutomate
Back up applications and migrate artifacts

Data Management
Describe use cases for Data Management
Perform administration tasks: predefine system setting profiles, set up source systems, register target applications, set up drill through
Set up definitions for import format, locations, period mappings, category mappings
Perform loading data tasks: create member mappings, define data load rules, run or schedule data load rules
Describe logic accounts and identify use cases
Perform batch processing – define batch, execute batch, schedule job

Creating a PCM application
Explain dimensions and requirements
Create application with dimensions from flat files

Managing a PCM Custom Application Build
Perform a Pre-Update Analysis and Update Dimensions
Set up PCM security
Manage the Point of View (POV)

Creating and Managing Allocations
Explain rules and rule sets (including contexts, rule types, and calculation sequences and options)
Create allocation rules
Create custom calculation rules
Mass edit rules and rule sets

Viewing and Validating Models
Explain model views
Perform rule balancing for application validation
Perform an allocation trace
Perform model and rule data validation

Working with PCM Analytics
Describe types of queries run from the Intelligence Panel
Create analysis views
Create dashboards
Create profit curves

Using Financial Reporting
Design reports using Financial Reporting Web Studio

Using Smart View
Describe Smart View and EPM Cloud extensions
Percentage of Practitioner Level Objectives

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QUESTION 1
Your business process includes a series of allocations where administrative costs are allocated from
HR to TT and Finance, from IT to Finance and HR, and from Finance to HR and IT.
Which calculation option should you select for the rule set that Includes these allocations?

A. Iterative Execution
B. Circular Execution
C. Batch Execution
D. Serial Execution
E. Parallel Execution

Answer: A

Explanation:

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QUESTION 2
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.

Answer: C

Explanation:

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QUESTION 3
Which statement Is FALSE about this EPM Automate command?

A. It will fail if the user does not have the Service Administrator role.
B. It will load data from profitdata1.txt data then run all rules in rule1, txt
C. It will fall If ruiei.txt and profitdatai.txt are not uploaded to the profitinbox first.
D. It will clear data from the slice of the database referenced in the data file and leave other data intact.

Answer: C

Explanation:

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QUESTION 4
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.

Answer: C

Explanation: