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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q19-Q24):

NEW QUESTION # 19
Which statement is true about setting up models and rules in Oracle Profitability and Cost Management Cloud Service?

A. Models and rules can be set up using either the Profitability and Cost Management web interface or the Oracle Smart View for Office.
B. Rules define the calculations for allocating costs and revenues among cost objects.
C. Models consist of database tables that contain data related to cost objects and drivers.
D. Models and rules can only be set up by developers with programming skills.

Answer: A

Explanation:
Option 1: Incorrect. Models consist of data structures, not database tables. Option 2: Incorrect. Rules define the calculations for allocating costs and revenues among dimensions, not just cost objects. Option 3: Correct. Oracle Profitability and Cost Management Cloud Service allows users to set up models and rules using either the Profitability and Cost Management web interface or the Oracle Smart View for Office. This provides flexibility and convenience for users with different preferences and workflows. Option 4: Incorrect. Models and rules can be set up by business users or administrators using the intuitive web interface or Smart View, without the need for programming skills.

NEW QUESTION # 20
Which of the following statements about migrating data in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional is correct?

A. Data can be migrated using a third-party data integration tool.
B. Data cannot be migrated in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional.
C. Data can be migrated using the Migration Utility provided in the application interface.
D. Data can be migrated using only the EPM Automate command-line utility.

Answer: C

Explanation:
Option 1: Incorrect. While the EPM Automate command-line utility can be used for various tasks in Oracle Profitability and Cost Management, it is not the only option for migrating data. Option 2: Correct. Data can indeed be migrated in Oracle Profitability and Cost Management using the Migration Utility provided in the application interface. This utility allows for seamless data migration between different environments or versions of Oracle Profitability and Cost Management. Option 3: Incorrect. While it is possible to use third-party data integration tools for data migration in certain cases, the Migration Utility provided in the Oracle Profitability and Cost Management application interface is the recommended and supported method for migrating data. Option 4: Incorrect. Data can be migrated in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional using the Migration Utility provided in the application interface.

NEW QUESTION # 21
In Oracle Profitability and Cost Management Cloud Service, when setting up models and rules, what are the benefits of using allocation rules instead of spreading rules?

A. Allocation rules provide a faster calculation process compared to spreading rules.
B. Allocation rules can only be used for direct cost allocations, while spreading rules can be used for both direct and indirect cost allocations.
C. Allocation rules are more complex to set up and maintain compared to spreading rules.
D. Allocation rules allow for a more sophisticated and granular distribution of costs.

Answer: D

Explanation:
Option 1: Correct. Allocation rules allow for a more sophisticated and granular distribution of costs. They can be used to allocate costs based on specific criteria, such as percentages, weights, or formulas. This level of flexibility allows for more accurate and detailed cost allocations. Option 2: Incorrect. Allocation rules do not necessarily provide a faster calculation process compared to spreading rules. The calculation speed depends on the complexity and size of the model, as well as the efficiency of the rule design. Both allocation and spreading rules can be optimized to enhance performance. Option 3: Incorrect. Allocation rules can be used for both direct and indirect cost allocations. They offer the flexibility to allocate costs based on various criteria, allowing for the allocation of indirect costs to the appropriate cost centers. Option 4: Incorrect. While allocation rules may require more effort to set up initially, they provide greater flexibility and accuracy in cost allocation compared to spreading rules. The additional complexity is justified by the ability to allocate costs based on specific criteria, which can result in more accurate cost allocations.

NEW QUESTION # 22
When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following is a valid way to filter data?

A. Using a filter SQL statement in the report
B. Using a filter date range in the report
C. Applying a filter to an individual column in the report
D. Filtering data by a custom calculation in the report

Answer: C

Explanation:
Option 1: This option is correct because applying a filter to an individual column in the report is a valid way to filter data. Option 2: This option is incorrect because using a filter SQL statement in the report is not a valid way to filter data. SQL Statements should not be used within reports in Oracle PCMCS, rather they should be used as the data sources for those reports. Option 3: This option is incorrect because filtering data by a custom calculation in the report is not a valid way to filter data. Custom calculations should be used to add new columns, rows or values to an existing report, not for filtering data. Option 4: This option is incorrect because using a filter date range in the report is not a valid way to filter data. Date ranges should be used as time filters and not as regular data filters. Date range filter are used for associating time periods with specific data rows. For Example: Sales for 202.

NEW QUESTION # 23
Which feature allows you to load data into Oracle Profitability and Cost Management Cloud Service?

A. Data Import
B. Data Transfer
C. Data Integration
D. Data Transfer

Answer: C

Explanation:
Option 1: Correct. Data Integration is the feature in Oracle Profitability and Cost Management Cloud Service that allows you to load data from various sources. Option 2: Incorrect. Data Transfer is not a feature in Oracle Profitability and Cost Management Cloud Service that allows you to load data. Option 3: Incorrect. Data Loading is not a feature in Oracle Profitability and Cost Management Cloud Service that allows you to load data. Option 4: Incorrect. Data Import is not a feature in Oracle Profitability and Cost Management Cloud Service that allows you to load data.

NEW QUESTION # 24
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1Z0-1061-24 Valid Test Online - Exam 1Z0-1061-24 Flashcards

Unparalleled 1Z0-1061-24 Training Quiz: Oracle CX Sales 2024 Implementation Professional Carry You Outstanding Exam Dumps - FreePdfDump

Oracle CX Sales 2024 Implementation Professional Sample Questions (Q19-Q24):

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