Option 1: Correct. The recommended approach for configuring security in Oracle Profitability and Cost Management Cloud Service 2023 is to use the built-in role-based access control model. This model provides granular control over system access and simplifies the management of security by assigning users to predefined roles. Option 2: Incorrect. Assigning permissions to individual users based on their job responsibilities may lead to a complex and difficult-to-maintain security model. The built-in role-based access control model is the recommended approach. Option 3: Incorrect. While creating custom security rules can help restrict access to specific data, it may lead to a complex and difficult-to-maintain security model. The recommended approach is to use the built- in role-based access control model. Option 4: Incorrect. Granting access to all users by default and then revoking access as needed may result in a security model that is difficult to manage and potentially exposes sensitive data. The recommended approach is to use the built-in role-based access control model.

Option 1: Correct. Implementing single sign-on (SSO) using an identity provider ensures centralized control of user authentication and authorization. It allows users to access multiple applications with a single set of credentials. Option 2: Incorrect. Creating multiple user accounts for each user is not recommended as it may lead to a complex and inefficient user management process. It may also increase the risk of security breaches and inconsistent access controls. Option 3: Incorrect. Oracle Access Manager (OAM) is not the recommended way to control access to applications and data in Oracle Profitability and Cost Management Cloud Service. OAM is typically used for Oracle Fusion Middleware applications. Option 4: Incorrect. Configuring access controls within the applications and data may not provide centralized control and may result in duplication of efforts. It is recommended to use a centralized identity provider for better security and user management.

Option 1: The correct answer is Excel, CSV, and TXT files. Oracle Profitability and Cost Management Cloud Service supports data imports in multiple formats including Excel, CSV, and TXT files. Option 2: This answer is incorrect. Oracle Profitability and Cost Management Cloud Service supports data imports in multiple formats, not just Excel files. Option 3: This answer is incorrect. Oracle Profitability and Cost Management Cloud Service supports data imports in multiple formats, not just CSV files. Option 4: This answer is incorrect. Oracle Profitability and Cost Management Cloud Service supports data imports in multiple formats, not just TXT files.

Option 1: Incorrect. Dimensional rules in Oracle Profitability and Cost Management Cloud Service are used to define and apply calculations based on specific dimensions, not to allocate costs. Option 2: Correct. Allocation rules in Oracle Profitability and Cost Management Cloud Service allow users to define and apply custom business rules to allocate costs across various dimensions. Option 3: Incorrect. Profitability rules in Oracle Profitability and Cost Management Cloud Service are used to calculate and analyze profitability based on revenues and costs, not to allocate costs. Option 4: Incorrect. Allocation methods in Oracle Profitability and Cost Management Cloud Service are predefined methods used to allocate costs, not custom business rules.