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NEW QUESTION # 51
When loading data in Oracle Profitability and Cost Management Cloud Service, what are the benefits of using the CSV format over the Excel format?
Answer: A
Explanation:
Option 1: This option is incorrect. While it is true that CSV files generally have a smaller file size than Excel files, this is not a specific benefit when loading data. Option 2: This option is correct. CSV files can be loaded much faster than Excel files because they do not contain any formatting or other metadata that needs to be parsed. This can be especially beneficial when loading large amounts of data. Option 3: This option is incorrect. CSV files are actually more difficult to read than Excel files because they do not contain any formatting or structure. Option 4: This option is incorrect. Excel files support more formatting options than CSV files, such as font styles, colors, and borders.
NEW QUESTION # 52
Which of the following options best describes the difference between Profitability and Cost Management Cloud Service's (PCMCS) Smart View and Financial Reporting reporting tools?
Answer: C
Explanation:
Option 1: This option is incorrect because Financial Reporting is not specific to only financial reporting, but can be used for multiple types of reports. Option 2: This option is incorrect because Smart View is mainly used for querying, manipulation and analysis of data as well as creating reports in PCMCS, while Financial Reporting is not only used for Oracle Hyperion financial reporting. Option 3: This option is correct because Smart View is an Excel-based tool for creating formatted and ad hoc reports, while Financial Reporting provides a pixel-perfect experience for finance professionals to create financial reports for management. Option 4: This option is incorrect because Financial Reporting is not mainly used for dashboards but presents pre- formatted reports, while Smart View can be used to create and analyze data in reports.
NEW QUESTION # 53
When creating an application in Oracle Profitability and Cost Management Cloud Service, which option should be selected to enable dimension privilege hierarchy?
Answer: C
Explanation:
Option 1: The correct option is 'Hierarchy'. When creating an application, selecting the 'Hierarchy' option enables the dimension privilege hierarchy. This allows for the creation of hierarchical relationships between dimension members, enabling more complex analysis and reporting capabilities. Option 2: The option 'Consolidation' is incorrect. Selecting this option does not enable dimension privilege hierarchy. It is used for defining consolidation methods and rules within the application. Option 3: The option 'Alternate' is incorrect. Selecting this option does not enable dimension privilege hierarchy. It is used for defining alternate hierarchies within the application. Option 4: The option 'None of the above' is incorrect. Selecting this option does not enable dimension privilege hierarchy. It is not a valid option for enabling dimension privilege hierarchy.
NEW QUESTION # 54
What is the effect of running an allocation job with the 'Aggregate Source Data' option selected?
Answer: C
Explanation:
Option 1: Correct. Selecting 'Aggregate Source Data' option will use the aggregated data instead of raw data while running the allocation. Option 2: Incorrect. Selecting this option will only use the aggregated data for calculations and will not overwrite the source data. Option 3: Incorrect. Selecting this option does not affect the running of allocation and will not show an error message. Option 4: Incorrect. Selecting this option will use the aggregated data instead of raw data for calculations.
NEW QUESTION # 55
Which type of report can be created in Oracle Profitability and Cost Management Cloud Service?
Answer: C
Explanation:
Option 1: Correct: Dimensional reports in Oracle Profitability and Cost Management Cloud Service allow users to view and analyze data by dimensions, such as product, customer, or region. These reports provide a multidimensional view of the data and are commonly used for analysis purposes. Option 2: Incorrect: Data Entry reports in Oracle Profitability and Cost Management Cloud Service are used for entering data into the system. They provide a form-like interface for users to input data and are typically used for data collection purposes. Option 3: Incorrect: Financial reports in Oracle Profitability and Cost Management Cloud Service are used to analyze financial data, such as balance sheets, income statements, and cash flow statements. These reports provide a summary of financial performance and are commonly used for financial analysis and reporting. Option 4: Incorrect: Process reports in Oracle Profitability and Cost Management Cloud Service are used to analyze process-related data, such as production costs, process efficiencies, and resource allocation. These reports provide insights into process performance and are commonly used for process improvement purposes.
NEW QUESTION # 56
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