PCMCS Study Guide with all Correct & 100% Verified
Answers |Actual Complete Exam |Already Graded A+
Which three are key components of an allocation process?
A. Source
B. Target
C. Cost
D. Department
E. Driver ✔Correct Answer-ABE
Which three are key qualities of the Allocation Engine in Profitability and Cost Management
Cloud (PCMCS)?
A. Source data and drivers from anywhere
B. Single-tiered and non-recursive allocation
C. Controlled and transparent
D. Structured and standardized allocation logic
E. Scalable ✔Correct Answer-ACE
Which is not one of the dimensions that comprise an Hyperion Profitability and Cost
Management (HPCM) application?
A. Statistical
B. System
C. Business
D. Point of View ✔Correct Answer-A
Which three are key qualities of Model Builder?
A. Single departmental use like cost transparency for product
B. Business drivers, allocation methods and metadata can be consistent across all models
C. Empower users to take ownership of allocations
D. Point-and-click model administration ✔Correct Answer-BCD
Which is not a capability of Profitability and Cost Management Cloud (PCMCS) Analysis?
A. Create dashboards with the use of Business Intelligence (BI) application
B. Use prebuilt KPIs
C. Perform Ad Hoc analysis with SmartView
D. Perform what-if and variance analysis
E. Enable mobile on-the-go access ✔Correct Answer-A
Which is not a Profitability and Cost Management Cloud (PCMCS) Integration capability?
A. Integrate data from Spreadsheets
B. Connect to Oracle EPM Applications
C. Integrate data from native databases
,D. Connect to Oracle ERP Cloud
E. Hyperion Application Link (HAL) ✔Correct Answer-E
Which is not a Profitability and Cost Management Cloud (PCMCS) set up prerequisite?
A. Relational database
B. Internet Explorer
C. Firebox ESR 38+
D. Browsers on mobile devices
E. Smart View ✔Correct Answer-A
Which statement is false about dimension management in Profitability and Cost Management
Cloud (PCMCS)?
A. Dimensions can be deleted at any stage of model development
B. Following any dimension update, you must log out and log in PCMCS to see the updates.
C. Calculation rules must be deleted when a dimension is deleted
D. Editing any dimension in Dimension Management disables the application
E. You now can edit Business, Attribute, and Point of View dimensions ✔Correct Answer-A
What are the two system dimensions that are required in every Hyperion Profitability and Cost
Management (HPCM) application?
A. Rule
B. Customer
C. Entity
D. Currency
E. Balance ✔Correct Answer-AE
What type of report can be generated from an Hyperion Profitability and Cost Management
(HPCM) application to analyze the contribution made to an organization by a specific segment
of the business?
A. Balance Sheet
B. Owners' Equity
C. Strategic P&L
D. Operational Control
E. Human Resource Planning ✔Correct Answer-C
What are the three types of applications that can be created in Hyperion Profitability and Cost
Management (HPCM)?
A. Financial
B. Standard
C. Detailed
D. Management Ledger
E. Cost ✔Correct Answer-BCD
, What types of use cases are a better fit for Management Ledger applications instead of
Standard Hyperion Profitability and Cost Management (HPCM) models?
A. Structured dimension, easily maintained applications, easy allocation logic
B. Standardized dimension structure, easily maintained applications, more complex logic and
variability
C. Flexible dimension structure, more easily maintained applications, more complex logic and
variability
D. Flexible dimension structure, hard to maintain applications, easy logic and variability
✔Correct Answer-C
Which is not a key business benefit of Profitability and Cost Management Cloud (PCMCS)?
A. Gain insight to hidden profit and cost across key business dimensions
B. Enable business users to take ownership of allocation-based business processes
C. Gain insight to Total Sales by key business dimensions
D. Create a culture of accountability for each step of the allocation process
E. Quickly optimize allocation processes with what-if analysis ✔Correct Answer-C
Which is not a key feature of Profitability and Cost Management Cloud (PCMCS)?
A. The "management ledger" allocation engine
B. Pre-built Structured Dimensions and Attributes
C. Pre-built analytics
D. Supports hybrid cloud deployments
E. Data Management capabilities ✔Correct Answer-B
What are the two security service mechanisms used by Profitability and Cost Management
Cloud (PCMCS)?
A. Authentication exchange
B. Single sign-on
C. Notarization
D. Role-based access
E. Digital signature ✔Correct Answer-BD
Which step is not part of the security setup process?
A. Create groups in native directory
B. Create users
C. Grant roles to users
D. Set up user preference
E. Email services URLs to users ✔Correct Answer-D
Which task is NOT part of importing a batch of user accounts?
A. Import user preferences
B. Assign roles and access details to Users
C. Create a comma-separated values file
D. Import the comma-separated values file
Answers |Actual Complete Exam |Already Graded A+
Which three are key components of an allocation process?
A. Source
B. Target
C. Cost
D. Department
E. Driver ✔Correct Answer-ABE
Which three are key qualities of the Allocation Engine in Profitability and Cost Management
Cloud (PCMCS)?
A. Source data and drivers from anywhere
B. Single-tiered and non-recursive allocation
C. Controlled and transparent
D. Structured and standardized allocation logic
E. Scalable ✔Correct Answer-ACE
Which is not one of the dimensions that comprise an Hyperion Profitability and Cost
Management (HPCM) application?
A. Statistical
B. System
C. Business
D. Point of View ✔Correct Answer-A
Which three are key qualities of Model Builder?
A. Single departmental use like cost transparency for product
B. Business drivers, allocation methods and metadata can be consistent across all models
C. Empower users to take ownership of allocations
D. Point-and-click model administration ✔Correct Answer-BCD
Which is not a capability of Profitability and Cost Management Cloud (PCMCS) Analysis?
A. Create dashboards with the use of Business Intelligence (BI) application
B. Use prebuilt KPIs
C. Perform Ad Hoc analysis with SmartView
D. Perform what-if and variance analysis
E. Enable mobile on-the-go access ✔Correct Answer-A
Which is not a Profitability and Cost Management Cloud (PCMCS) Integration capability?
A. Integrate data from Spreadsheets
B. Connect to Oracle EPM Applications
C. Integrate data from native databases
,D. Connect to Oracle ERP Cloud
E. Hyperion Application Link (HAL) ✔Correct Answer-E
Which is not a Profitability and Cost Management Cloud (PCMCS) set up prerequisite?
A. Relational database
B. Internet Explorer
C. Firebox ESR 38+
D. Browsers on mobile devices
E. Smart View ✔Correct Answer-A
Which statement is false about dimension management in Profitability and Cost Management
Cloud (PCMCS)?
A. Dimensions can be deleted at any stage of model development
B. Following any dimension update, you must log out and log in PCMCS to see the updates.
C. Calculation rules must be deleted when a dimension is deleted
D. Editing any dimension in Dimension Management disables the application
E. You now can edit Business, Attribute, and Point of View dimensions ✔Correct Answer-A
What are the two system dimensions that are required in every Hyperion Profitability and Cost
Management (HPCM) application?
A. Rule
B. Customer
C. Entity
D. Currency
E. Balance ✔Correct Answer-AE
What type of report can be generated from an Hyperion Profitability and Cost Management
(HPCM) application to analyze the contribution made to an organization by a specific segment
of the business?
A. Balance Sheet
B. Owners' Equity
C. Strategic P&L
D. Operational Control
E. Human Resource Planning ✔Correct Answer-C
What are the three types of applications that can be created in Hyperion Profitability and Cost
Management (HPCM)?
A. Financial
B. Standard
C. Detailed
D. Management Ledger
E. Cost ✔Correct Answer-BCD
, What types of use cases are a better fit for Management Ledger applications instead of
Standard Hyperion Profitability and Cost Management (HPCM) models?
A. Structured dimension, easily maintained applications, easy allocation logic
B. Standardized dimension structure, easily maintained applications, more complex logic and
variability
C. Flexible dimension structure, more easily maintained applications, more complex logic and
variability
D. Flexible dimension structure, hard to maintain applications, easy logic and variability
✔Correct Answer-C
Which is not a key business benefit of Profitability and Cost Management Cloud (PCMCS)?
A. Gain insight to hidden profit and cost across key business dimensions
B. Enable business users to take ownership of allocation-based business processes
C. Gain insight to Total Sales by key business dimensions
D. Create a culture of accountability for each step of the allocation process
E. Quickly optimize allocation processes with what-if analysis ✔Correct Answer-C
Which is not a key feature of Profitability and Cost Management Cloud (PCMCS)?
A. The "management ledger" allocation engine
B. Pre-built Structured Dimensions and Attributes
C. Pre-built analytics
D. Supports hybrid cloud deployments
E. Data Management capabilities ✔Correct Answer-B
What are the two security service mechanisms used by Profitability and Cost Management
Cloud (PCMCS)?
A. Authentication exchange
B. Single sign-on
C. Notarization
D. Role-based access
E. Digital signature ✔Correct Answer-BD
Which step is not part of the security setup process?
A. Create groups in native directory
B. Create users
C. Grant roles to users
D. Set up user preference
E. Email services URLs to users ✔Correct Answer-D
Which task is NOT part of importing a batch of user accounts?
A. Import user preferences
B. Assign roles and access details to Users
C. Create a comma-separated values file
D. Import the comma-separated values file
