1Z0-1082-22 Online Practice Questions and Answers

Which Is NOT a key quality of the Models Interface In Profitability and Cost Management?

A. Setting up the flow of funds through the financial system

B. Managing and running reports

C. Managing rules and rule sets

D. Point and click model administration and calculation

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

Your data file is not In a native Essbase format. Which Is the valid way to toad It to Profitability and Cost Management?

A. Execute the LoadData command In EPM Automate, run a data load in Data Management, load the file through the Profitability and Cost Management UI in Database management.

B. Execute the LoadData command In EPM Automate, load the file through the Profitability and Cost Management UI in Database management.

C. Execute the LoadData command In FPM Automate, run a data load In Data Management.

D. Run a data load In Data Management, load the file through the Profitability and Cost Management UI in Database management.

E. Run a data load in Data Management.

You update the name of a member that Is used In a number of allocation rules.

After deploying the changes to the database, what step can you take next to update your rules?

A. The system automatically propagates the name change to your allocation rules; no additional step is necessary.

B. Use the Find and Replace tool In the Manage Rules screen to replace the member In all rules that use It.

C. On the Mass Edit tab of the Designer screen, create and run a job to replace the member in all rules that use it.

D. Use the ReplaceMember command In EPM Automate to replace the member In all rules that use It.

You want to limit the slices of data your users can view or work with. Which two security mechanisms can you use?

A. Security filters

B. Service roles

C. User groups

D. Application roles

E. Data grants

Which set of items do you need to define for a custom calculation rule?

A. Result dimension, target range, formula

B. Source, destination, offset, formula

C. Target range, formula, offset

D. Source, target range, destination, formula

Your Profitability and Cost Management Cloud application contains a product dimension with 150 products. You've received a dimension data file containing only a list of 10 new products that need to be added to the current product dimension. You use the file to import the new product members, using the Update Dimensions option in the Profitability Application Console.

Which result describes what will happen?

A. The dimension update fails with errors and no changes are made to the product dimension.

B. The 10 new members are appended to the bottom of the existing product dimension.

C. The product dimension is replaced by the contents of the update file; only the 10 new members reside in the product dimension after the update.

D. The 10 new members are merged Into the product dimension and sorted alphabetically.

What are two ways to create custom reports on the data In Profitability and Cost Management?

A. Import report templates from the Download link in the Settings menu and customize them for your application.

B. Create forms In Profitability and Cost Management that can be displayed in dashboards.

C. Create queries In Profitability and Cost Management that open in Smart View when you run them.

D. Create formatted reports in Financial Reporting Web Studio.