Option 1: Incorrect. Granting all users the Administrator role would give them unrestricted access to all features and functions, which can lead to potential security risks and unauthorized actions. Option 2: Correct. Creating custom roles with granular privileges based on user responsibilities is the most secure and recommended approach. It allows for fine-grained control over what each user can access and modify. Option 3: Incorrect. Sharing the same username and password across all user accounts is a poor security practice. If one account is compromised, all the accounts would be at risk. Option 4: Incorrect. Disabling SSL encryption would make data transmission insecure, exposing sensitive information to potential attackers.

Option 1: Correct: The dashboarding feature of Oracle Profitability and Cost Management Cloud Service allows users to analyze and visualize data from multiple sources. Option 2: Incorrect: The integration with Oracle Hyperion Financial Close Management focuses on financial close and consolidation processes, not analyzing and visualizing data from multiple sources. Option 3: Incorrect: The integration with Oracle Planning and Budgeting Cloud Service focuses on planning and budgeting processes, not analyzing and visualizing data from multiple sources. Option 4: Incorrect: The integration with Oracle ERP Cloud focuses on integrating financial and operational data, not analyzing and visualizing data from multiple sources.

Option 1: This option is incorrect because using the 'Global' dimension type may grant access and modification privileges to all users and impact overall performance. Option 2: This option is incorrect because formulae are required in certain situations, such as when defining multi-level hierarchies or custom calculations. Option 3: This option is incorrect because creating a separate dimension for each account in multidimensional data may lead to unnecessarily cumbersome models and impede scalability. Option 4: This option is correct. Prefixing account member names with an account code or abbreviation can enhance clarity, facilitate sorting, filtering, and searching operations, and help prevent naming collisions.

Option 1: Incorrect. The Service Administrator is responsible for managing the overall service, including user provisioning, and does not have specific security configuration capabilities within the application. Option 2: Correct. The Application Administrator role is responsible for configuring and managing security within the Oracle Profitability and Cost Management Cloud Service. This includes defining users, groups, data access permissions, and managing security profiles and dimensions. Option 3: Incorrect. The Security Specialist role does not exist in Oracle Profitability and Cost Management Cloud Service. The Application Administrator role is responsible for security configuration. Option 4: Incorrect. The Data Manager role is responsible for data integration and data management tasks, and does not have specific security configuration capabilities within the application.