{"id":6980,"date":"2020-08-02T11:00:47","date_gmt":"2020-08-02T05:30:47","guid":{"rendered":"https:\/\/www.testpreptraining.com\/blog\/?p=6980"},"modified":"2023-09-13T13:15:58","modified_gmt":"2023-09-13T07:45:58","slug":"1z0-1082-20-oracle-profitability-and-cost-management-2020-study-guide","status":"publish","type":"post","link":"https:\/\/www.testpreptraining.ai\/blog\/1z0-1082-20-oracle-profitability-and-cost-management-2020-study-guide\/","title":{"rendered":"1Z0-1082-20 | Oracle Profitability and Cost Management 2020 Study Guide"},"content":{"rendered":"\n<p>An&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.testpreptraining.ai\/oracle-profitability-and-cost-management-2020-1z0-1082-20\" target=\"_blank\">Oracle 1Z0-1082-20<\/a> Profitability and Cost Management 2020 Certified Implementation&nbsp;Exam validates your knowledge and skills of implementing Enterprise Performance Management and Oracle Profitability and Cost Management Cloud solutions. This exam opens new realms in your career and accelerates your professional growth.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Learning Objectives of 1Z0-1082-20<\/strong><\/h3>\n\n\n\n<p>The Oracle 1Z0-1082-20 exam focuses on understanding the architecture and requirements of the Profitability and Cost Management system. Further it focuses on the following learning objectives-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Firstly, set up and configure Cloud security<\/li>\n\n\n\n<li>Secondly, build EPM Cloud automation routines<\/li>\n\n\n\n<li>Then, perform lifecycle management for different scenarios<\/li>\n\n\n\n<li>Also, create a PCM application<\/li>\n\n\n\n<li>Moreover, create and manage Allocations<\/li>\n\n\n\n<li>Lastly, design reports using Financial Reporting Studio.<\/li>\n<\/ul>\n\n\n\n<p>The Oracle 1Z0-1082-20 exam is definitely your step ahead to become an Oracle  Profitability and Cost Management 2020 Certified Implementation Specialist. It provides you with the competitive edge to stand out of the crowd and enhances your employability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1Z0-1082-20 | Oracle Profitability and Cost Management 2020 Study Guide<\/strong><\/h2>\n\n\n\n<p>Preparing for the&nbsp;Oracle 1Z0-1082-20 &nbsp;exam&nbsp;helps you gain knowledge and skills to qualify as an Oracle Certified Specialist. A Study Guide will surely help you crack the exam with flying colours. Let\u2019s discuss step by step<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/Leading-a-healthy-lifestyle-infographic-1.png\" alt=\"Oracle 1Z0-1082-20 Exam Study Guide \"\/><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 1- Analyse the Objectives and refer the official guide<\/strong><\/h3>\n\n\n\n<p>The most important step is to refer the Official Guide. It consists of all the domains and topics of the examination. So, make sure to familiarise with the exam objectives and policies. The Course Outline for &nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/education.oracle.com\/oracle-profitability-and-cost-management-2020-implementation-essentials\/pexam_1Z0-1082-20\" target=\"_blank\">Oracle 1Z0-1082-20&nbsp; certification<\/a> consists of the following domains-<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Profitability and Cost Management Overview<\/strong><\/h6>\n\n\n\n<p>This domain focuses on describing allocation-based business processes, building allocation application and the essential concepts of Profitability and Cost Management.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Data Management<\/strong><\/h6>\n\n\n\n<p>The Data Management domain focuses on performing administration tasks, setting up definitions for import format, locations, period mappings, category mappings, performing loading data tasks, batch processing, and describing logic accounts with use cases.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Managing a PCM Custom Application Build<\/strong><\/h6>\n\n\n\n<p>The Managing a PCM Custom Application Build domain further focuses on performing Pre-Update Analysis and Update Dimensions, Metadata Validation, loading data into Essbase and Setting up PCM security<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Viewing and Validating Models<\/strong><\/h6>\n\n\n\n<p>Explaining the model views, performing rule balancing, allocation trace and describing logic and system issues is all covered under this domain.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Using Financial Reporting<\/strong><\/h6>\n\n\n\n<p>Using financial reporting covers designing reports using Financial Reporting Web Studio.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Oracle EPM Cloud Foundation<\/strong><\/h6>\n\n\n\n<p>This domain focuses on setting up and configure Cloud security, building EPM Cloud automation routines and performing lifecycle management for different scenarios. <\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Creating a PCM application<\/strong><\/h6>\n\n\n\n<p>The domain Creating PCM application includes concepts related to explaining dimensions and requirements and creating an application with dimensions from flat files.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Creating and Managing Allocations<\/strong><\/h6>\n\n\n\n<p>The domain covers various subtopics to expand your knowledge regarding the oracle profitability and cost management system. It mainly focuses on explaining the rule set and rule sequence in how they affect order and results, defining source and target for allocation rule, defining driver basis for allocation rule, formula for custom calculation rule&nbsp;and explaining sequential, parallel, iterative execution rule set calculation options.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Working with PCM Analytics<\/strong><\/h6>\n\n\n\n<p>Next, the domain aims at describing types of queries run from the Intelligence Panel while creating analysis views dashboards and profit curves.<\/p>\n\n\n\n<h6 class=\"wp-block-heading\"><strong>Using Smart View<\/strong><\/h6>\n\n\n\n<p>Lastly, the Smart View domain covers EPM Cloud extensions with analyzing data and troubleshooting using ad hoc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 2- Learning Subscription by Oracle&nbsp;<\/strong><\/h3>\n\n\n\n<p><a href=\"https:\/\/education.oracle.com\/oracle-profitability-and-cost-management-2020-implementation-essentials\/pexam_1Z0-1082-20\" target=\"_blank\" rel=\"noreferrer noopener\">Oracle 1Z0-1082-20<\/a>&nbsp;training will help you to become more efficient and more informed so as to use Oracle products to cause measurable results. Oracle Profitability and Cost Management 2020 Implementation Essentials Subscription. Enable the candidate\u2019s business reformation to the cloud with an Oracle Profitability and Cost Management 2020 Implementation Essentials Subscription.&nbsp;<\/p>\n\n\n\n<p>This course will definitely equip  with the full power of\u00a0<a href=\"https:\/\/education.oracle.com\/oracle-enterprise-performance-management-cloud-learning-subscription\/ls_24945\" target=\"_blank\" rel=\"noreferrer noopener\">Oracle EPM Cloud investment with an Oracle EPM Cloud Learning Subscription<\/a>. This digital learning solution is perfect for people who want detailed training on Oracle EPM Cloud and the business processes it offers. It&#8217;s suitable for implementers, administrators, and business users.<\/p>\n\n\n\n<p>Furthermore, you will get 24\/7 access to a comprehensive set of learning courses, high-quality training videos provided by the Oracle experts, and also hands-on labs for 12 months.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/www.testpreptraining.ai\/tutorial\/oracle-1z0-1082-20-profitability-and-cost-management-2020-implementation-essentials\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"https:\/\/www.testpreptraining.ai\/blog\/wp-content\/uploads\/2020\/07\/Oracle-1Z0-1082-20.png\" alt=\"Tutorials for Oracle 1Z0-1082-20\" class=\"wp-image-7033\" style=\"height:150px\" height=\"150\" srcset=\"https:\/\/www.testpreptraining.ai\/blog\/wp-content\/uploads\/2020\/07\/Oracle-1Z0-1082-20.png 961w, https:\/\/www.testpreptraining.ai\/blog\/wp-content\/uploads\/2020\/07\/Oracle-1Z0-1082-20-300x47.png 300w\" sizes=\"(max-width: 961px) 100vw, 961px\" \/><\/a><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 3- Learn with your Best Friends-  Books<\/strong><\/h3>\n\n\n\n<p>Now that you&#8217;ve learned from training, it&#8217;s time to turn to traditional books. Books are a great way to gain knowledge without distractions. They give you a deep understanding of the topics in the exam. Here are some recommended books for you.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Firstly, <a rel=\"noreferrer noopener\" href=\"https:\/\/docs.oracle.com\/en\/cloud\/saas\/enterprise-performance-management-common\/intgr\/GUID-2A706F6E-C551-4880-BFD4-F8EB042FA1E5.pdf\" target=\"_blank\">Getting Started with Integration for Oracle Enterprise Performance Management Cloud<\/a><\/li>\n\n\n\n<li>Secondly, <a rel=\"noreferrer noopener\" href=\"https:\/\/docs.oracle.com\/en\/cloud\/get-started\/subscriptions-cloud\/csgsg\/getting-started-oracle-cloud.pdf\" target=\"_blank\">Getting Started with Oracle Cloud<\/a><\/li>\n\n\n\n<li>Then, <a rel=\"noreferrer noopener\" href=\"https:\/\/docs.oracle.com\/en\/cloud\/saas\/enterprise-performance-management-common\/cgsad\/GUID-FA2ACFEE-F354-4088-8169-694892BACE4C.pdf\" target=\"_blank\">Getting Started with Oracle Enterprise Performance Management Cloud for Administrators<\/a><\/li>\n\n\n\n<li>Also, <a rel=\"noreferrer noopener\" href=\"https:\/\/docs.oracle.com\/en\/cloud\/saas\/enterprise-performance-management-common\/cgsus\/GUID-4563936A-2FCE-482E-B639-23F9090A8310.pdf\" target=\"_blank\">Getting Started with Oracle Enterprise Performance Management Cloud for Users<\/a><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>&nbsp;Step 4- Join a Community<\/strong><\/h3>\n\n\n\n<p>Online forums and study groups can be really helpful when getting ready for the Oracle 1Z0-1082-20 exam. Being part of a study group or forum keeps you connected to what&#8217;s going on with the exam. It also keeps you updated on the latest developments and trends in the learning field. Plus, it&#8217;s a way to connect with experts in the subject and others who are preparing for the same exam. This can be useful when you have questions or need help. So, online forums are a great place to find solutions to your doubts.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 5- Go strong with Practice Tests<\/strong><\/h3>\n\n\n\n<p>Now, it&#8217;s time to assess how well you&#8217;ve prepared. Practice tests are essential for self-evaluation. They evaluate how you&#8217;re doing and pinpoint areas where you need improvement. By focusing on your weak spots, you can enhance your understanding. These tests also simulate the real exam conditions, allowing you to practice your speed and accuracy. Taking multiple tests will increase your confidence. Strive to do better with each practice test and get ready to excel in the exam. <a href=\"https:\/\/www.testpreptraining.ai\/oracle-profitability-and-cost-management-2020-1z0-1082-20-free-practice-test\" target=\"_blank\" rel=\"noreferrer noopener\">Start Practising Now!<\/a><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><a href=\"https:\/\/www.testpreptraining.ai\/oracle-profitability-and-cost-management-2020-1z0-1082-20-free-practice-test\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"https:\/\/www.testpreptraining.ai\/tutorial\/wp-content\/uploads\/2020\/07\/Google-Cloud-Certified-Professional-Data-Engineer-1-1-750x117.png\" alt=\"\" style=\"width:961px;height:150px\" width=\"961\" height=\"150\"\/><\/a><\/figure>\n<\/div>\n\n\n<h5 class=\"wp-block-heading\"><strong>Enhance your skills by qualifying the Oracle 1Z0-1082-20 Profitability and Cost Management 2020 Certified Implementation Exam. <a href=\"https:\/\/www.testpreptraining.ai\/oracle-profitability-and-cost-management-2020-1z0-1082-20\" target=\"_blank\" rel=\"noreferrer noopener\">Start your Preparations Now!<\/a><\/strong><\/h5>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An&nbsp;Oracle 1Z0-1082-20 Profitability and Cost Management 2020 Certified Implementation&nbsp;Exam validates your knowledge and skills of implementing Enterprise Performance Management and Oracle Profitability and Cost Management Cloud solutions. This exam opens new realms in your career and accelerates your professional growth. Learning Objectives of 1Z0-1082-20 The Oracle 1Z0-1082-20 exam focuses on understanding the architecture and requirements&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[308],"tags":[965,964,967,966],"class_list":["post-6980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oracle-cloud","tag-1z0-1082-20-exam-guide","tag-oracle-1z0-1082-20-study-guide","tag-oracle-profitability-and-cost-management-2020-study-guide","tag-study-guide-for-oracle-1z0-1082-20"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>1Z0-1082-20 | Oracle Profitability and Cost Management 2020 Study Guide<\/title>\n<meta name=\"description\" content=\"Upgrade your skills with the Oracle 1Z0-1082-20 Profitability and Cost 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