Oracle Autonomous Database Cloud 2020 Specialist — Question 38

Which describes Strategic Modeling? Choose the best answer.

Answer options

• A. Used to evaluate financial scenarios and perform financial impact analysis.
• B. Used to evaluate how assets and resources related to corporate initiatives are allocated
• C. Used primarily for balance sheet planning
• D. Used to develop plans and forecasts and generate core financial statements

Correct answer: A

Explanation

Option A is correct because Strategic Modeling focuses on assessing financial scenarios and their impacts, which is essential for strategic planning. Options B, C, and D, while related to financial analysis, do not capture the primary purpose of Strategic Modeling as effectively as option A does.