1Z0-1061-24 EXAM MATERIAL | 1Z0-1061-24 TEST GUIDE

1Z0-1061-24 Exam Material | 1Z0-1061-24 Test Guide

1Z0-1061-24 Exam Material | 1Z0-1061-24 Test Guide

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1Z0-1061-24 Test Guide & 1Z0-1061-24 Exams Dumps

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q128-Q133):

NEW QUESTION # 128
When creating applications and dimensions in Oracle Profitability and Cost Management Cloud Service 2023, what are some best practices to follow? Choose the best answer.

  • A. Avoid using parent-child relationships in hierarchies to minimize complexity.
  • B. Define fewer applications and dimensions to simplify the hierarchy structure.
  • C. Use a large number of dimensions to capture all possible attributes of your business data.
  • D. Define applications and dimensions based on your reporting and analysis requirements

Answer: D

Explanation:
Option 1: Incorrect. Defining fewer applications and dimensions may lead to a lack of granularity and make it difficult to capture specific business attributes. Option 2: Incorrect. Using a large number of dimensions can result in increased complexity and potentially impact performance. It is important to strike a balance between capturing necessary information and keeping the system manageable. Option 3: Incorrect. Parent-child relationships in hierarchies are common and often required to represent the structure of business data accurately. Option 4: Correct. It is best practice to define applications and dimensions based on your reporting and analysis requirements, ensuring that you can capture the necessary attributes and structure your data appropriately.


NEW QUESTION # 129
What is the primary purpose of Oracle Profitability and Cost Management Cloud Service?

  • A. To manage and optimize costs and profitability in an organization.
  • B. To track employee performance in real-time.
  • C. To improve the customer experience by analyzing data.
  • D. To automate HR processes and payroll management.

Answer: A

Explanation:
Option 1: This option is incorrect because Oracle Profitability and Cost Management Cloud Service is not designed for tracking employee performance. Option 2: This option is correct because Oracle Profitability and Cost Management Cloud Service is specifically designed to help organizations manage and optimize costs and profitability. Option 3: This option is incorrect because analyzing data to improve the customer experience is not the primary purpose of Oracle Profitability and Cost Management Cloud Service. Option 4: This option is incorrect because Oracle Profitability and Cost Management Cloud Service does not automate HR processes or payroll management.


NEW QUESTION # 130
Which of the following options describes the relationship between data load and allocation in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional?

  • A. Allocation can be run before or after data load but must not be run while data is being loaded D. Data load must always be run before allocation
  • B. Allocation must always be run before loading data
  • C. Data load and allocation can be done concurrently without any issue

Answer:

Explanation:
Option 1: Data load must always be run before allocation because it is the process of preparing the source data for allocation ensuring that all data is available and properly consolidated. Once data is loaded it can then be allocated. Option 2: Data load and allocation cannot be done concurrently because loading data may impact the allocation performance and results. Option 3: While it is possible to run allocation before or after loading data, it is recommended that data loading should be done first in order to have the most up-to-date data available for allocation. Running allocation while loading data is not supported Option 4: This is the correct answer. Data load must always be run before allocation to ensure that all relevant data is available for allocation. This includes checking for completeness, reconciling inter-company data, aggregating transactional data, and aligning hierarchies.


NEW QUESTION # 131
When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following sections allows you to add custom dimensions and hierarchies to the report?

  • A. Data Source and Mapping
  • B. Report Filters
  • C. Smart View
  • D. Report Columns

Answer: D

Explanation:
Option 1: This option is incorrect because the Data Source and Mapping section only allows you to select a pre-defined mapping or create a new mapping to link the report to the desired data sources and tables. Option 2: This option is incorrect because Smart View is a Microsoft Excel add-in that provides a user interface for Oracle EPM Cloud data. It allows you to perform ad hoc analysis and reporting on data within the EPM Cloud solutions but does not allow you to add custom dimensions and hierarchies to a report created in Oracle Profitability and Cost Management Cloud Service. Option 3: This option is correct because the Report Columns section allows you to select the dimensions and hierarchies to include in the report. You can also add custom dimensions and hierarchies by clicking the Add Dimension/Hierarchy button and specifying the required details. Option 4: This option is incorrect because the Report Filters section only allows you to filter the data based on pre-defined criteria and does not provide an option to add custom dimensions and hierarchies.


NEW QUESTION # 132
What steps should be taken when integrating Oracle Profitability and Cost Management Cloud Service with other applications?

  • A. Select the optimum method of integration.
  • B. Determine the amount of architecture and design work required.
  • C. Identify the scope of integration.
  • D. Choose the best application to integrate with.

Answer: A

Explanation:
Option 1: This option is incorrect as determining the amount of architecture and design work required should form part of selecting the optimum method of integration. Option 2: This option is incorrect as identifying the scope of integration is part of the preliminary steps to determine the specification of the integration. Option 3: This option is correct as selecting the optimum method of integration is crucial as there are multiple methods that can be used and the best one for the current scenario needs to be chosen. Option 4: This option is incorrect as the selection of the application to integrate with is a sole discretion of the company and should not form part of the basic preliminary steps.


NEW QUESTION # 133
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