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1Z0-1061-24 Reliable Test Tutorial & Reliable 1Z0-1061-24 Test Answers

1Z0-1061-24 Reliable Test Tutorial & Reliable 1Z0-1061-24 Test Answers

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q127-Q132):

NEW QUESTION # 127
Which of the following options is a best practice for managing profitability in Oracle Profitability and Cost Management Cloud Service?

  • A. Update the profitability model only when significant changes occur in the business.
  • B. Include all indirect costs in the profitability analysis.
  • C. Implement a standardized reporting process for all cost and revenue data.
  • D. Use a single allocation methodology for all products and services.

Answer: C

Explanation:
Option 1: Correct. Implementing a standardized reporting process for all cost and revenue data ensures consistency and accuracy in profitability analysis. Option 2: Incorrect. Updating the profitability model only when significant changes occur in the business can result in outdated and inaccurate analysis. Option 3: Incorrect. Using a single allocation methodology for all products and services may not accurately reflect the cost drivers and allocation logic for each individual product or service. Option 4: Incorrect. Including all indirect costs in the profitability analysis may lead to over allocation of costs and inaccurate profitability measures.


NEW QUESTION # 128
Which feature in Oracle Profitability and Cost Management Cloud Service allows users to integrate data from other applications and systems?

  • A. Data Load Rule
  • B. Dimension Mapping Rule
  • C. Data Integration Rule
  • D. Data Integration Rule Set

Answer: D

Explanation:
Option 1: Incorrect. The Data Load Rule in Oracle Profitability and Cost Management Cloud Service is used to define the data load process from external sources, but it does not specifically integrate data from other applications and systems. Option 2: Incorrect. The Dimension Mapping Rule in Oracle Profitability and Cost Management Cloud Service is used to define the mapping between dimensions from different source systems, but it does not specifically integrate data from other applications and systems. Option 3: Incorrect. The Data Integration Rule in Oracle Profitability and Cost Management Cloud Service does not exist. This is not a valid feature. Option 4: Correct. The Data Integration Rule Set in Oracle Profitability and Cost Management Cloud Service is used to define the integration process for data from other applications and systems. It allows users to map and transform data from different sources to generate accurate and consolidated profitability and cost information.


NEW QUESTION # 129
Which of the following is true regarding the architecture of Oracle Profitability and Cost Management Cloud Service 2023 Implementation?

  • A. The system is comprised of three primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, and the Application layer.
  • B. The system is comprised of two primary layers: the EPM Cloud layer and the Application layer.
  • C. The system is comprised of four primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, the Data Integration layer, and the Application layer.
  • D. The system is comprised of five primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, the Data Integration layer, the Reporting layer, and the Application layer.

Answer: A

Explanation:
Option 1: The correct answer is The architecture of Oracle Profitability and Cost Management Cloud Service consists of three primary layers: the EPM Cloud layer which hosts the application, the Oracle Hyperion Profitability and Cost Management layer that manages the technical computations, and the Application layer which provides a user interface for managing data and reports. Option 2: This answer is incorrect because the architecture of Oracle Profitability and Cost Management Cloud Service consists of three primary layers: the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, and the Application layer. Option 3: This answer is incorrect because the architecture of Oracle Profitability and Cost Management Cloud Service consists of three primary layers including the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, and the Application layer. The Data Integration layer (if present) is not considered a primary layer of the architecture. Option 4: This answer is incorrect because the architecture of Oracle Profitability and Cost Management Cloud Service consists of three primary layers, including the EPM Cloud layer, the Oracle Hyperion Profitability and Cost Management layer, and the Application layer. The Reporting layer (if present) is not considered a primary layer of the architecture.


NEW QUESTION # 130
When creating a report in Oracle Profitability and Cost Management Cloud Service, which feature allows you to group data from different dimensions into a single category?

  • A. Derived Member
  • B. Hierarchy
  • C. Custom Calculation
  • D. Compound Value

Answer: A

Explanation:
Option 1: Correct. Hierarchy allows you to group data from different dimensions into a single category. It provides a way to organize and structure data in a logical and hierarchical manner. Option 2: Incorrect. Derived Member enables you to create new members in a dimension based on calculations or formulas, but it does not allow you to group data from different dimensions into a single category. Option 3: Incorrect. Compound Value is used to combine or concatenate multiple members from the same dimension into a single value, but it does not allow you to group data from different dimensions. Option 4: Incorrect. Custom Calculation allows you to define custom formulas to perform calculations on data, but it does not provide a way to group data from different dimensions into a single category.


NEW QUESTION # 131
Which method should you use to load data into Oracle Profitability and Cost Management Cloud Service?

  • A. Data Integration Platform
  • B. Data Visualization Cloud
  • C. Data Management Cloud
  • D. Data Integration Platform and Cloud

Answer: C

Explanation:
Option 1: Correct: The Data Integration Platform provides tools for loading data into Oracle Profitability and Cost Management Cloud Service from various sources. Option 2: Incorrect: Data Management Cloud is not the recommended method for loading data into Oracle Profitability and Cost Management Cloud Service. Option 3: Incorrect: Data Visualization Cloud is not the recommended method for loading data into Oracle Profitability and Cost Management Cloud Service. Option 4: Incorrect: Data Integration Platform and Cloud is not a valid option for loading data into Oracle Profitability and Cost Management Cloud Service.


NEW QUESTION # 132
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