1Z0-1061-24 RELIABLE TEST SAMPLE, EXAM 1Z0-1061-24 SUCCESS

1Z0-1061-24 Reliable Test Sample, Exam 1Z0-1061-24 Success

1Z0-1061-24 Reliable Test Sample, Exam 1Z0-1061-24 Success

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q220-Q225):

NEW QUESTION # 220
Which feature in Oracle Profitability and Cost Management Cloud Service allows you to integrate with external systems?

  • A. Strategic Modeling
  • B. Data Management
  • C. Smart View
  • D. Integration Cloud Service

Answer: D

Explanation:
Option 1: Incorrect. Data Management is used for managing dimensions and mappings, not for integration with external systems. Option 2: Correct. Integration Cloud Service provides a platform for integrating Oracle Profitability and Cost Management Cloud Service with other systems. Option 3: Incorrect. Strategic Modeling is used for strategic modeling and analysis, not for integration with external systems. Option 4: Incorrect. Smart View is used for ad hoc analysis and reporting, not for integration with external systems.


NEW QUESTION # 221
Which of the following is a best practice for implementing Oracle Profitability and Cost Management Cloud Service (PCMCS) in a business scenario?

  • A. Use Activity-Based Costing (ABC) to allocate costs
  • B. Implement PCMCS as the sole source of financial data for the organization
  • C. Use a flat file format instead of a relational database for data storage
  • D. Ignore data mapping and transformation requirements before loading data into PCMCS

Answer: A

Explanation:
Option 1: Correct. Using Activity-Based Costing (AB to allocate costs is a best practice in implementing Oracle PCMCS. ABC provides a more accurate allocation of costs by identifying activities that consume resources and assigning costs accordingly. Option 2: Incorrect. Implementing PCMCS as the sole source of financial data for the organization may not be feasible or practical. PCMCS is typically used in conjunction with other financial systems to provide detailed cost and profitability analysis. Option 3: Incorrect. Ignoring data mapping and transformation requirements before loading data into PCMCS can result in incorrect or inconsistent data. Data mapping and transformation are essential steps in ensuring data quality and accuracy. Option 4: Incorrect. Using a flat file format instead of a relational database for data storage may limit the scalability and performance of PCMCS. Relational databases are better suited for handling large volumes of data and complex queries.


NEW QUESTION # 222
Which of the following statements describes a best practice for configuring security in Oracle Profitability and Cost Management Cloud Service?

  • A. Two-factor authentication is recommended only for users with administrative roles.
  • B. Password expiration should be set to never to ensure users do not forget their passwords.
  • C. Role-based access control should be used to restrict access to sensitive data.
  • D. User accounts should be shared among team members to minimize costs.

Answer: C

Explanation:
Option 1: This is incorrect. Passwords should expire regularly to ensure the security of user accounts and data. Option 2: This is incorrect. Two-factor authentication is recommended for all types of users to provide an extra layer of security. Option 3: This is correct. Role-based access control is a best practice for restricting access to sensitive data based on the user's role in the organization. Option 4: This is incorrect. User accounts should be unique to each team member to ensure accountability and prevent unauthorized access.


NEW QUESTION # 223
Which of the following options is the best way to create a hierarchy of accounts and cost centers in Oracle Profitability and Cost Management Cloud Service 2023?

  • A. Create a single Dimension for either accounts or cost centers, then use formula logic to roll up the hierarchy
  • B. Create a Dimension library that combines the accounts and cost centers into a single hierarchy
  • C. Create separate Dimensions for accounts and cost centers, then create an Application that combines them into a single hierarchy
  • D. Create separate Applications for accounts and cost centers, then create a Calculation Manager rule that combines them into a single hierarchy

Answer: C

Explanation:
Option 1: This option is incorrect because creating a Dimension library will not allow you to combine accounts and cost centers into a single hierarchy. A Dimension library is simply a collection of Dimensions that can be reused across multiple Applications. Option 2: This option is correct. Creating separate Dimensions for accounts and cost centers, then combining them into a single hierarchy within an Application is the best way to create a hierarchy of accounts and cost centers. This allows you to maintain separate hierarchies for each dimension while still being able to combine them into a single hierarchy in the Application. Option 3: This option is incorrect because creating a single Dimension for either accounts or cost centers and using formula logic to roll up the hierarchy will not allow you to combine both dimensions into a single hierarchy. This option also requires more complex formula logic to be created for the roll-up. Option 4: This option is incorrect because creating separate Applications for accounts and cost centers and then combining them into a single hierarchy using Calculation Manager is not the best way to create a hierarchy of accounts and cost centers. This option requires more work to maintain the separate Applications and the Calculation Manager rule increases complexity.


NEW QUESTION # 224
When loading data into Oracle Profitability and Cost Management Cloud Service, which option would ensure the fastest possible data load time?

  • A. Using a manual load process instead of an automated process
  • B. Creating duplicate records to ensure data consistency
  • C. Uploading small data files in batches throughout the day
  • D. Uploading a large data file as a single transaction

Answer: D

Explanation:
Option 1: This option is incorrect because uploading small data files in batches throughout the day would create unnecessary overhead and potentially slow down the data load process. Option 2: This option is correct because uploading a large data file as a single transaction would ensure the fastest possible data load time. This is because it minimizes overhead and reduces the amount of time the system spends processing each record. Option 3: This option is incorrect because using a manual load process instead of an automated process would likely introduce errors and potentially slow down the data load process. Option 4: This option is incorrect because creating duplicate records to ensure data consistency is not necessary and would take additional time that could be better spent on the data load process itself.


NEW QUESTION # 225
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