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Oracle 1Z0-1082-21 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Profitability and Cost Management 2021 Implementation Essentials |
| Exam Number: | 1Z0-1082-21 |
| Exam Format: | Multiple Choice, Multiple Select |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Certificate Validity Period: | Typically 18-24 months (Oracle certification policies may vary) |
| Related Certifications: | Oracle Cloud EPM Certification |
| Recommended Training: | Oracle Profitability and Cost Management Training |
| Exam Registration: | Oracle University Oracle Certification Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored exam via Oracle Testing Centers or Pearson VUE |
| Pre Condition: | No strict prerequisites; familiarity with Oracle EPM Cloud or financial modeling is recommended |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z0-1082-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Profitability and Cost Management Overview | - Use cases and business value - Core concepts and architecture |
| Topic 2: Data Integration | - Source system integration - Data loading and mapping |
| Topic 3: Security and Access Management | - Data security configuration - User roles and permissions |
| Topic 4: Business Rules and Allocations | - Rule sets and rule development - Allocation methodologies |
| Topic 5: Reporting and Analysis | - Data visualization and analysis tools - Financial and management reporting |
| Topic 6: Application Design and Setup | - Application configuration and environment setup - Metadata and dimension design |
| Topic 7: Calculations and Modeling | - Cost and profitability calculations - Driver-based modeling |
Studying for 1Z0-1082-21 Without Paper and Without Borders
- Security and Access Management ()
- Profitability and Cost Management Overview ()
- Application Design and Setup ()
Oracle Profitability and Cost Management 2021 Implementation Essentials Sample Questions:
Which dimension Is required for a Profit Curve chart In the application?
- A. Department Dimension
- B. Profit Dimension
- C. Profit Attribute Dimension
- D. Point of View Dimensions
Correct Answer: B 🗳️
Which statement Is FALSE about Analysis Views?
- A. You can add formatting to the report results.
- B. They can be viewed by any user of the application.
- C. You can export their data to Excel for further processing.
- D. You can use them as the basis for dashboards.
Correct Answer: A 🗳️
Which three are valid ways to create Profitability and Cost Management applications?
- A. Create a custom application from an Essbase outline file.
- B. Migrate an exported on-premises Profitability and Cost Management application using a migration
- C. Create a custom application with dimensions from Hal files.
- D. Create a custom application with no dimensions, then create and load dimensions in Data Management.
- E. Import a backup snapshot from another instance of Profitability and Cost Management,
Correct Answer: A,B,E 🗳️
Explanation: Only visible for Prep4King members. You can sign-up / login (it's free).
Which two statements are true about model validation?
- A. Running a model validation displays an error table with Information about Invalid conditions.
- B. You cannot deploy the application if model validation returns Invalid conditions.
- C. After the application is deployed, it can detect invalid model artifacts if changes are made to dimensions.
- D. Model validation validates rules, rule sets, and dimensions.
Correct Answer: A,D 🗳️
Which three are steps to create an allocation rule?
- A. populate the destination dimensions
- B. populate the driver basis dimensions
- C. populate the allocation formula
- D. select the execution method
- E. populate the source dimensions
Correct Answer: A,D,E 🗳️
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