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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q153-Q158):

NEW QUESTION # 153
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 number of dimensions in the model should be kept to a minimum to ensure better performance.
B. A separate data model should be created for each reporting requirement to simplify maintenance.
C. The consolidation method chosen should be based on the organization's reporting requirements and data structure.
D. Parent-child hierarchies should be used for all dimensions to ensure maximum flexibility.

Answer: C

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 # 154
Which of the following statements is true regarding creating and managing reports in Oracle Profitability and Cost Management Cloud Service?

A. Reports can be created using the web interface or Microsoft Excel.
B. Reports can only be created using Oracle Smart View for Office.
C. Reports can only be created using the web interface.
D. Reports can only be created using Microsoft Excel.

Answer: A

Explanation:
Option 1: Incorrect: Reports can be created using the web interface or Microsoft Excel. Option 2: Correct: Reports can be created using the web interface or Microsoft Excel, providing flexibility for users to choose their preferred tool. Option 3: Incorrect: Reports can only be created using Microsoft Excel. Option 4: Incorrect: Reports can only be created using Oracle Smart View for Office.

NEW QUESTION # 155
What is the recommended way to control access to applications and data in Oracle Profitability and Cost Management Cloud Service?

A. Implement single sign-on (SSO) using an identity provider.
B. Configure access controls within the applications and data.
C. Create multiple user accounts for each user to assign different roles and privileges.
D. Use Oracle Access Manager to manage user authentication and authorization.

Answer: A

Explanation:
Option 1: Correct. Implementing single sign-on (SSO) using an identity provider ensures centralized control of user authentication and authorization. It allows users to access multiple applications with a single set of credentials. Option 2: Incorrect. Creating multiple user accounts for each user is not recommended as it may lead to a complex and inefficient user management process. It may also increase the risk of security breaches and inconsistent access controls. Option 3: Incorrect. Oracle Access Manager (OAM) is not the recommended way to control access to applications and data in Oracle Profitability and Cost Management Cloud Service. OAM is typically used for Oracle Fusion Middleware applications. Option 4: Incorrect. Configuring access controls within the applications and data may not provide centralized control and may result in duplication of efforts. It is recommended to use a centralized identity provider for better security and user management.

NEW QUESTION # 156
Which feature in Oracle Profitability and Cost Management Cloud Service allows users to analyze the profitability of different products or services?

A. Profitability analysis
B. Cost accounting
C. Allocation
D. Advanced analytics

Answer: A

Explanation:
Option 1: Incorrect. Allocation is a feature in Oracle Profitability and Cost Management Cloud Service that allows users to distribute costs or revenues to different objects or activities, not specifically analyze profitability. Option 2: Incorrect. Advanced analytics is a feature in Oracle Profitability and Cost Management Cloud Service that provides advanced statistical and predictive analytics capabilities, but it is not specifically focused on analyzing profitability. Option 3: Incorrect. Cost accounting is a feature in Oracle Profitability and Cost Management Cloud Service that allows users to track and manage costs, but it does not specifically focus on analyzing profitability. Option 4: Correct. Profitability analysis is a feature in Oracle Profitability and Cost Management Cloud Service that allows users to analyze the profitability of different products or services by breaking down costs and revenues.

NEW QUESTION # 157
When setting up models and rules in Oracle Profitability and Cost Management Cloud Service, which of the following is a valid method to assign shared values for a rule dimension member?

A. Publishing a CSV file through EPM Automate
B. Running an MDX query against the dimension hierarchy
C. Creating a data map rule for the member
D. Setting up a custom mapping function in Groovy

Answer: C

Explanation:
Option 1: This option is incorrect because publishing a CSV file through EPM Automate is a method to load data, not to assign shared values for a rule dimension member. Option 2: This option is incorrect because setting up a custom mapping function in Groovy is a method to transform data, not to assign shared values for a rule dimension member. Option 3: This option is correct because creating a data map rule is a method to assign shared values for a rule dimension member. This can be done by specifying the member name, the shared value, and the data source type, and then mapping the member to the new shared value. Option 4: This option is incorrect because running an MDX query against the dimension hierarchy is a method to retrieve data, not to assign shared values for a rule dimension member.

NEW QUESTION # 158
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Reliable 1Z0-1061-24 Test Tutorial - 1Z0-1061-24 Reliable Test Pattern

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q153-Q158):

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