What is the recommended architecture for Oracle Profitability and Cost Management Cloud Service implementation?
Correct Answer: A
Option 1: Correct. The recommended architecture for Oracle Profitability and Cost Management Cloud Service implementation is a single-instance architecture. This architecture utilizes a single instance of the application to handle all the workload. Option 2: Incorrect. The recommended architecture for Oracle Profitability and Cost Management Cloud Service implementation is a single-instance architecture, not a multi-instance architecture. A single-instance architecture utilizes a single instance of the application to handle all the workload. Option 3: Incorrect. The recommended architecture for Oracle Profitability and Cost Management Cloud Service implementation is a single-instance architecture, not a hybrid architecture. A single-instance architecture utilizes a single instance of the application to handle all the workload. Option 4: Incorrect. The recommended architecture for Oracle Profitability and Cost Management Cloud Service implementation is a single-instance architecture, not a
Question 52
What is the purpose of the Sandbox environment in Oracle Profitability and Cost Management Cloud Service?
Correct Answer: B
Option 1: This option is incorrect because a production environment is never used for testing and development purposes. Option 2: This option is correct because the Sandbox environment is used to test new features before they are deployed to the production environment. Option 3: This option is incorrect because a separate development environment, such as Oracle Cloud Infrastructure - Classic, would be used for building and testing applications. Option 4: This option is incorrect because the purpose of the Sandbox environment is not for backup and disaster recovery purposes. It is primarily used for testing new features.
Question 53
Which option accurately describes the relationship between data and metadata in Oracle Profitability and Cost Management Cloud Service?
Correct Answer: A
Option 1: Correct: In Oracle Profitability and Cost Management Cloud Service, data refers to the raw information stored in the application, such as financial transaction details, while metadata refers to the descriptive information about the data, such as the labels, hierarchies, and properties that provide context and meaning to the data. The data and metadata are not interchangeable terms; they serve different purposes and have distinct roles within the application. Option 2: Incorrect: This statement is incorrect. Data and metadata are not interchangeable terms in Oracle Profitability and Cost Management Cloud Service. Data refers to the raw information stored in the application, while metadata refers to the descriptive information about the data. They serve different purposes and have distinct roles within the application. Option 3: Incorrect: This statement is incorrect. Data does not refer to the descriptive information about the application in Oracle Profitability and Cost Management Cloud Service. Data refers to the raw information stored in the application, while metadata refers to the descriptive information about the data. They serve different purposes and have distinct roles within the application. Option 4: Incorrect: This statement is incorrect. Data and metadata are not separate entities within the application with no relationship between them. In Oracle Profitability and Cost Management Cloud Service, data and metadata have a close relationship. Data refers to the raw information stored in the application, while metadata refers to the descriptive information about the data. They serve different purposes and have distinct roles within the application.
Question 54
When integrating Oracle Profitability and Cost Management Cloud Service with another application, what is the recommended approach to handle data transfers?
Correct Answer: A
Option 1: This is correct because ETL tools are widely used by organizations to extract data from disparate sources, transform it into a format that can be loaded into Oracle Profitability and Cost Management Cloud Service, and load it. This process ensures data integrity and consistency during data transfers. Option 2: This is incorrect because third-party middleware solutions can be expensive and require additional maintenance. Using ETL tools provided by Oracle or other open-source software is more cost-effective. Option 3: This is incorrect because REST APIs are recommended for real-time data integration, yet they may not support the volume of data needed to be transferred to Oracle Profitability and Cost Management Cloud Service. This method can also increase latency over large distances or networks. Option 4: This is incorrect because manual file transfers can be tedious, error-prone and not very reliable. FTP/SFTP servers also are not as secure compared to other methods.
Question 55
When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following is a valid way to filter data?
Correct Answer: A
Option 1: This option is correct because applying a filter to an individual column in the report is a valid way to filter data. Option 2: This option is incorrect because using a filter SQL statement in the report is not a valid way to filter data. SQL Statements should not be used within reports in Oracle PCMCS, rather they should be used as the data sources for those reports. Option 3: This option is incorrect because filtering data by a custom calculation in the report is not a valid way to filter data. Custom calculations should be used to add new columns, rows or values to an existing report, not for filtering data. Option 4: This option is incorrect because using a filter date range in the report is not a valid way to filter data. Date ranges should be used as time filters and not as regular data filters. Date range filter are used for associating time periods with specific data rows. For Example: Sales for 202.