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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q33-Q38):

NEW QUESTION # 33
When loading data in Oracle Profitability and Cost Management Cloud Service, what are the benefits of using the CSV format over the Excel format?

A. CSV files are easier to read.
B. CSV files support more formatting options.
C. CSV files can be loaded faster.
D. CSV files have a smaller file size.

Answer: C

Explanation:
Option 1: This option is incorrect. While it is true that CSV files generally have a smaller file size than Excel files, this is not a specific benefit when loading data. Option 2: This option is correct. CSV files can be loaded much faster than Excel files because they do not contain any formatting or other metadata that needs to be parsed. This can be especially beneficial when loading large amounts of data. Option 3: This option is incorrect. CSV files are actually more difficult to read than Excel files because they do not contain any formatting or structure. Option 4: This option is incorrect. Excel files support more formatting options than CSV files, such as font styles, colors, and borders.

NEW QUESTION # 34
Which of the following statements about data and metadata management in Oracle Profitability and Cost Management Cloud Service 2023 is true?

A. Data load rules can be used to define mappings between source data and target dimensions.
B. Oracle Profitability and Cost Management Cloud Service 2023 does not support the creation of custom calculations.
C. Metadata files can be imported into Oracle Profitability and Cost Management Cloud Service 2023 using Excel templates.
D. Data and metadata can be exported from Oracle Profitability and Cost Management Cloud Service 2023 to flat files in CSV format.

Answer: A

Explanation:
Option 1: Correct: Data load rules can be used to define mappings between source data and target dimensions in Oracle Profitability and Cost Management Cloud Service 202 This allows users to load data from external sources into the application. Option 2: Incorrect: While metadata files can be imported into Oracle Profitability and Cost Management Cloud Service 2023, Excel templates are not used for this purpose. Instead, metadata can be imported using the Metadata Manager utility or by importing a metadata file in specific formats. Option 3: Incorrect: Data and metadata can be exported from Oracle Profitability and Cost Management Cloud Service 2023 to flat files in CSV format. This allows users to extract data and metadata for analysis or further processing. Option 4: Incorrect: Oracle Profitability and Cost Management Cloud Service 2023 supports the creation of custom calculations. Users can define custom calculation rules to perform calculations on the data in the application. selected to reduce the allocation run time? A. Using a single large allocation job B. Running allocation jobs in parallel C. Manually adjusting allocation weights

NEW QUESTION # 35
When designing a data model in Oracle Profitability and Cost Management Cloud Service, which of the following considerations should be taken into account?

A. The consolidation method chosen should be based on the organization's reporting requirements and data structure.
B. A separate data model should be created for each reporting requirement to simplify maintenance.
C. The number of dimensions in the model should be kept to a minimum to ensure better performance.
D. Parent-child hierarchies should be used for all dimensions to ensure maximum flexibility.

Answer: A

Explanation:
Option 1: Incorrect. The number of dimensions in the model should be based on the complexity and structure of the organization's data. Keeping the number of dimensions to a minimum may result in an oversimplified model that does not accurately represent the organization's data. Option 2: Correct. The consolidation method chosen should be based on the organization's reporting requirements and data structure. Different consolidation methods have different impacts on data accuracy, calculation performance, and data entry efficiency. Option 3: Incorrect. Parent-child hierarchies should be used when there is a natural parent-child relationship between members of a dimension. Not all dimensions require parent-child hierarchies for maximum flexibility. Option 4: Incorrect. Creating a separate data model for each reporting requirement may result in duplication of data and increased maintenance efforts. It is recommended to design a single comprehensive data model that can cater to multiple reporting requirements.

NEW QUESTION # 36
In Oracle Profitability and Cost Management Cloud Service, which security privilege should be assigned to a user to restrict access to a specific dimension member?

A. Data Access Manager
B. Workflow Administrator
C. End User
D. Security Administrator

Answer: A

Explanation:
Option 1: Incorrect. The Security Administrator privilege allows users to manage security for all dimensions and data sources in the application. It does not provide the granularity required to restrict access to a specific dimension member. Option 2: Correct. The Data Access Manager privilege should be assigned to a user to restrict access to a specific dimension member. This privilege allows users to define and manage access rules for individual dimension members, thereby controlling the data that users can view and edit. Option 3: Incorrect. The Workflow Administrator privilege allows users to manage workflow processes and approvals in the application. It does not provide the functionality to restrict access to specific dimension members. Option 4: Incorrect. The End User privilege is the most basic level of access in the application. It does not provide the functionality to restrict access to specific dimension members.

NEW QUESTION # 37
Which feature in Oracle Profitability and Cost Management Cloud Service is used to allocate indirect costs to activities based on various allocation rules and drivers?

A. Profitability and Cost Management Planning
B. Profitability and Cost Management Analytics
C. Profitability and Cost Management Approvals
D. Profitability and Cost Management Allocations

Answer: D

Explanation:
Option 1: Incorrect. Profitability and Cost Management Approvals is not used for allocating indirect costs to activities based on various allocation rules and drivers. It is used for managing the approval process for profitability and cost management tasks. Option 2: Incorrect. Profitability and Cost Management Analytics provides advanced analytical capabilities for analyzing profitability and cost data, but it is not used for allocating indirect costs to activities based on various allocation rules and drivers. Option 3: Correct. Profitability and Cost Management Allocations is used to allocate indirect costs to activities based on various allocation rules and drivers. It allows users to define allocation methods and drivers, and allocate costs according to these rules. Option 4: Incorrect. Profitability and Cost Management Planning is used for planning and budgeting process, where users can define financial targets, plan for different scenarios, and track actuals against targets. It is not used for allocating indirect costs to activities based on various allocation rules and drivers.

NEW QUESTION # 38
......

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1Z0-1061-24 Certificate Exam - Online 1Z0-1061-24 Tests

Online 1Z0-1061-24 Tests & Latest 1Z0-1061-24 Test Objectives

Oracle CX Sales 2024 Implementation Professional Sample Questions (Q33-Q38):

Free PDF Quiz Oracle - 1Z0-1061-24 - Oracle CX Sales 2024 Implementation Professional Certificate Exam

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