Oracle 1Z0-1074-21 Q&A - in .pdf

  • 1Z0-1074-21 pdf
  • Exam Code: 1Z0-1074-21
  • Exam Name: Oracle Cost Management Cloud 2021 Implementation Essentials
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  • Q & A: 85 Questions and Answers
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  • Exam Code: 1Z0-1074-21
  • Exam Name: Oracle Cost Management Cloud 2021 Implementation Essentials
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NEW QUESTION: 1
Woody's Bespoke Furniture has engaged a business analyst to define its requirements for automating currently paper-based business processes. The documents that they wish to automate include the work requisition for craftsmen and the customer invoice.
Which of the following issues would the class model clarify?
A. Why a work requisition must be raised for a piece of furniture.
B. When a customer invoice is sent to a customer.
C. Who raises a customer invoice.
D. How many craftsmen can work on a piece of furniture.
Answer: D

NEW QUESTION: 2
Which three functions are functions of the Equinox Management Server? (Choose three.)
A. Auto-configuration server for Equinox Clients
B. Equinox Solution meeting management
C. Video network device management
D. Resources and bandwidth management
E. SIP Proxy for Equinox Clients Registration
Answer: A,B,E

NEW QUESTION: 3
The degree of uncertainty an entity is willing to take on in anticipation of a reward is known as its risk:
A. management
B. appetite
C. tolerance
D. response
Answer: B
Explanation:
Explanation/Reference:
Explanation:
11 PROJECT RISK MANAGEMENT
[..]
Organizations perceive risk as the effect of uncertainty on projects and organizational objectives.
Organizations and stakeholders are willing to accept varying degrees of risk depending on their risk attitude. The risk attitudes of both the organization and the stakeholders may be influenced by a number of factors, which are broadly classifed into three themes:
Risk appetite, which is the degree of uncertainty an entity is willing to take on in anticipation of a reward.

Risk tolerance, which is the degree, amount, or volume of risk that an organization or individual will

withstand.
Risk threshold, which refers to measures along the level of uncertainty or the level of impact at which a

stakeholder may have a specific interest. Below that risk threshold, the organization will accept the risk.
Above that risk threshold, the organization will not tolerate the risk.
For example, an organization's risk attitude may include its appetite for uncertainty, its threshold for risk levels that are unacceptable, or its risk tolerance at which point the organization may select a different risk response.
Positive and negative risks are commonly referred to as opportunities and threats. The project may be accepted if the risks are within tolerances and are in balance with the rewards that may be gained by taking the risks. Positive risks that offer opportunities within the limits of risk tolerances may be pursued in order to generate enhanced value. For example, adopting an aggressive resource optimization technique is a risk taken in anticipation of a reward for using fewer resources.

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