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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q241-Q246):

NEW QUESTION # 241
Which of the following statements is true regarding the process of loading data and running allocations in Oracle Profitability and Cost Management Cloud Service 2023?

A. Data loading can only be performed using flat files in CSV format.
B. Allocations can only be executed through the Calculation Manager in the web interface.
C. When loading data, the system automatically creates and updates calculation scripts for allocations.
D. Oracle Integration Cloud Service (ICS) is the recommended tool for loading data and running allocations.

Answer: C

Explanation:
Option 1: This option is incorrect. Oracle Profitability and Cost Management Cloud Service 2023 supports data loading from multiple sources, including spreadsheets, databases, and flat files in various formats such as CSV, XLSX, and XML. Flat files in CSV format are just one of the available options. Option 2: This option is incorrect. While Oracle Integration Cloud Service (ICS) can be used for data integration purposes, it is not the recommended tool for loading data and running allocations in Oracle Profitability and Cost Management Cloud Service 202 The cloud service provides its own tools and interfaces for these tasks. Option 3: This option is correct. When loading data in Oracle Profitability and Cost Management Cloud Service 2023, the system does not automatically create or update calculation scripts for allocations. Calculation scripts need to be defined and maintained separately to perform allocations effectively. Option 4: This option is incorrect. Allocations in Oracle Profitability and Cost Management Cloud Service 2023 can be executed through multiple interfaces, including the Calculation Manager in the web interface, Smart View, and RESTful APIs. The Calculation Manager is just one of the available options.

NEW QUESTION # 242
What is the difference between a standard and an enterprise instance in Oracle Profitability and Cost Management Cloud Service?

A. An enterprise instance is hosted on-premises, while a standard instance is hosted in the cloud
B. There is no difference between a standard and an enterprise instance
C. A standard instance includes fewer features and capabilities than an enterprise instance
D. A standard instance is designed for small to medium sized businesses, while an enterprise instance is designed for large corporations

Answer: C

Explanation:
Option 1: This option is incorrect because both standard and enterprise instances can be used by businesses of any size. Option 2: This option is correct because a standard instance is intended for basic P&L and cost analysis, while an enterprise instance includes additional features like driver-based planning, workflow management, and more advanced reporting

NEW QUESTION # 243
Which of the following is an accurate statement about the architecture of Oracle Profitability and Cost Management Cloud Service 2023?

A. The system utilizes a 3-tier architecture consisting of the presentation tier, application tier, and database tier.
B. The application server tier is hosted on-premises, while the data tier is hosted in the cloud.
C. All data is stored in a single database with multiple schemas.
D. The system architecture is fully customizable, allowing customers to choose their desired tiers and components.

Answer: A

Explanation:
Option 1: Incorrect. Oracle Profitability and Cost Management Cloud Service 2023 follows a 4-tier architecture consisting of the presentation tier, application tier, business rules tier, and data tier. The application server tier is hosted in the Oracle Cloud while the data tier is also hosted in the Oracle Cloud, providing scalability and performance benefits. Option 2: Incorrect. Oracle Profitability and Cost Management Cloud Service 2023 utilizes a 4-tier architecture, with each tier serving a distinct purpose. All data is stored in the data tier, which allows for separation of data and application logic. Option 3: Correct. Oracle Profitability and Cost Management Cloud Service 2023 follows a 3-tier architecture with the presentation tier, application tier, and database tier. This architecture allows for separation of responsibilities and scalability. Option 4: Incorrect. While Oracle Profitability and Cost Management Cloud Service 2023 provides certain customization options, the system architecture, including the tiers and components, is predefined and optimized for performance and scalability.

NEW QUESTION # 244
Which of the following options is a feature of Oracle Profitability and Cost Management Cloud Service (PCMCS) that enables you to analyze profitability based on various dimensions such as product, channel, customer, and region?

A. Allocations and assignments
B. Driver-based planning
C. Cost alocation
D. Agile cost planning

Answer: A

Explanation:
Option 1: Incorrect. Driver-based planning in Oracle PCMCS allows you to create models of operational drivers and define their relationships to structure forecasts. It is not directly related to profitability analysis based on dimensions such as product, channel, customer, and region. Option 2: Correct. Allocations and assignments in Oracle PCMCS enable you to distribute costs or revenues across different dimensions, such as products, channels, customers, and regions. This feature is specifically designed for profitability analysis. Option 3: Incorrect. Cost allocation, in the context of Oracle PCMCS, refers to the distribution of costs to different activities or objects based on predefined rules. It is not necessarily tied to profitability analysis based on various dimensions. Option 4: Incorrect. Agile cost planning in Oracle PCMCS enables you to quickly develop cost planning models and perform what-if analysis for different scenarios. It is not directly focused on profitability analysis based on dimensions such as product, channel, customer, and region.

NEW QUESTION # 245
Which type of report provides a high-level summary of the overall profit and cost analysis for a specific time period?

A. Variance report
B. Drill-through report
C. Costing report
D. Profitability report

Answer: D

Explanation:
Option 1: Correct. A profitability report provides a high-level summary of the overall profit and cost analysis for a specific time period. It includes metrics such as revenue, expenses, and profit. Option 2: Incorrect. A variance report focuses on analyzing the differences between planned and actual costs, revenues, and profitability. It does not provide a high-level summary of the overall profit and cost analysis. Option 3: Incorrect. A costing report focuses on analyzing the costs associated with specific activities, products, or services. It does not provide a high-level summary of the overall profit and cost analysis. Option 4: Incorrect. A drill-through report allows users to navigate from summary information to detailed transactional data. It does not provide a high-level summary of the overall profit and cost analysis.

NEW QUESTION # 246
......

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q241-Q246):

Quiz Oracle - Accurate 1Z0-1061-24 - Test Oracle CX Sales 2024 Implementation Professional Dumps

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