1z0-982: Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation Essentials EPBCS Practice Questions
The free 1z0-982: Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation Essentials questions that deal with EPBCS, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #4
How can users manage their budget revisions in Oracle EPBCS?
Correct answer: B
Explanation
Implementing version control allows users to manage different versions of their budgets effectively.
Question #5
In Oracle EPBCS, what happens when a budget is approved by users?
Correct answer: C
Explanation
Once a budget is approved, it is locked to prevent further changes, ensuring the accuracy of reporting.
Question #6
Which role is primarily responsible for defining the budget process in EPBCS?
Correct answer: A
Explanation
The Finance Manager typically defines the budget process in an organization using EPBCS.
Question #7
What type of reports can be generated in EPBCS?
Correct answer: B
Explanation
EPBCS supports both dynamic and static reports for better analysis and decision-making.
Question #8
How does EPBCS support what-if analysis?
Correct answer: B
Explanation
EPBCS enables what-if analysis through scenario modeling, allowing users to project future outcomes based on changes.
Question #9
Which method is used to collect data for budgeting in EPBCS?
Correct answer: A
Explanation
EPBCS supports automated data import methods to streamline the data collection for budgeting.
Question #10
In EPBCS, what is a budget cycle?
Correct answer: C
Explanation
A budget cycle refers to a recurrent process of creating, reviewing, and finalizing budgets in EPBCS.
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