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NEW QUESTION # 339
Which method can be used to integrate Oracle Profitability and Cost Management Cloud Service with other applications?
Answer: C
Explanation:
Option 1: Correct: REST API is a common method used to integrate Oracle Profitability and Cost Management Cloud Service with other applications. It allows for the transfer of data between systems using HTTP methods. Option 2: Incorrect: SOAP API is not a method used to integrate Oracle Profitability and Cost Management Cloud Service with other applications. SOAP is a legacy protocol that is not commonly used in modern integrations. Option 3: Incorrect: FTP is not a method used to integrate Oracle Profitability and Cost Management Cloud Service with other applications. FTP is a file transfer protocol that is not commonly used for real-time integrations. Option 4: Incorrect: Webhooks are not a method used to integrate Oracle Profitability and Cost Management Cloud Service with other applications. Webhooks are used for event-based integrations and are not commonly used for data transfer between systems.
NEW QUESTION # 340
Which of the following statements about cost management in the Oracle Profitability and Cost Management Cloud Service is NOT correct?
Answer: B
Explanation:
Option 1: Incorrect. Cost management in Oracle Profitability and Cost Management Cloud Service enables organizations to optimize resource allocation and reduce costs by providing tools and insights for understanding and tracking costs. Option 2: Incorrect. Cost management in Oracle Profitability and Cost Management Cloud Service provides insights into profitability by product, customer, and channel, allowing organizations to understand the cost drivers and profitability factors of different business segments. Option 3: Incorrect. Cost management in Oracle Profitability and Cost Management Cloud Service allows organizations to track and analyze indirect costs, such as overhead expenses, to gain a comprehensive view of their cost structure. Option 4: Correct. Cost management in Oracle Profitability and Cost Management Cloud Service supports integration with other Oracle Cloud applications, enabling seamless data integration and collaboration across different business processes.
NEW QUESTION # 341
Which of the following statements is correct regarding setting up models and rules in Oracle Profitability and Cost Management Cloud Service 2023 Implementation?
Answer: A
Explanation:
Option 1: Correct. Models in Oracle Profitability and Cost Management Cloud Service 2023 Implementation are used to define the structure and the dimensions of the data used in the application. They provide a framework for organizing and categorizing the data. Option 2: Incorrect. Models in Oracle Profitability and Cost Management Cloud Service 2023 Implementation can contain multiple dimensions. Dimensions can be defined to represent different aspects of the business, such as product, region, or department. Option 3: Incorrect. Rules in Oracle Profitability and Cost Management Cloud Service 2023 Implementation are used to define how the data will be calculated and aggregated in the application. They specify the logic and calculations that will be applied to the data during the consolidation and reporting process. Option 4: Incorrect. Rules in Oracle Profitability and Cost Management Cloud Service 2023 Implementation can be based on formula calculations. Formulas can be used to perform calculations based on the values of different members and dimensions in the data model.
NEW QUESTION # 342
Which of the following is the best practice for integrating Oracle Profitability and Cost Management Cloud Service (PCMCS) with other applications?
Answer: D
Explanation:
Option 1: Incorrect. While using file-based integration can be a valid approach for simple integrations, it may not be the most efficient or scalable solution for real-time integration between PCMCS and other applications. Option 2: Incorrect. Developing custom integration processes using Java SDK can be time-consuming and require advanced programming skills. There are other integration solutions available that offer a more efficient and user-friendly approach. Option 3: Correct. Utilizing Oracle Data Integrator (ODI) is considered a best practice for real-time integration between PCMCS and other applications. ODI provides a comprehensive integration platform that allows for seamless data flow and transformations between systems. Option 4: Incorrect. While Oracle Integration Cloud Service (ICS) can be used to integrate PCMCS with other applications, it is not the best practice for real-time integration. Oracle Data Integrator (ODI) is the recommended solution for real-time integration with PCMCS.
NEW QUESTION # 343
What is the role of the Backup and Restore feature in Oracle Profitability and Cost Management Cloud Service?
Answer: C
Explanation:
Option 1: This option is incorrect because Backup and Restore feature is not designed to recover data lost during system updates. Option 2: This option is correct because the Backup and Restore feature in Oracle Profitability and Cost Management Cloud Service is designed to create a duplicate copy of the application environment so that it can be restored in the event of a disaster. Option 3: This option is incorrect because while the Backup and Restore feature automatically creates backup files, its primary role is to create a duplicate copy of the application environment. Option 4: This option is incorrect because while the export and import functionality is related to moving application artifacts between environments, it is not the primary role of the Backup and Restore feature.
NEW QUESTION # 344
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