EXAM DUMPS 1Z0-1061-24 DEMO - LATEST 1Z0-1061-24 TEST SIMULATOR

Exam Dumps 1Z0-1061-24 Demo - Latest 1Z0-1061-24 Test Simulator

Exam Dumps 1Z0-1061-24 Demo - Latest 1Z0-1061-24 Test Simulator

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q129-Q134):

NEW QUESTION # 129
Which security option in Oracle Profitability and Cost Management Cloud Service allows users to define a hierarchy of teams to manage access to dimensions and data?

  • A. Access Control Lists (ACL)
  • B. Data Access Management (DAM)
  • C. Role-Based Access Control (RBAC)
  • D. Security Filters

Answer: C

Explanation:
Option 1: Incorrect. Access Control Lists (ACL) are not used to define a hierarchy of teams. Option 2: Incorrect. Data Access Management (DAM) is not used to define a hierarchy of teams. Option 3: Incorrect. Security Filters are not used to define a hierarchy of teams. Option 4: Correct. Role-Based Access Control (RBA allows users to define a hierarchy of teams to manage access to dimensions and data.


NEW QUESTION # 130
What is the purpose of the Overview and Architecture section in the Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional exam?

  • A. To learn about the available security controls
  • B. To understand the different options for data integration
  • C. To understand the product architecture
  • D. To learn about the available reporting capabilities

Answer: C

Explanation:
Option 1: Understanding the product architecture is a critical component of implementing and managing an Oracle Profitability and Cost Management Cloud Service environment Option 2: While reporting capabilities are a critical part of any financial management system, they are not the focus of the Overview and Architecture section of this exam Option 3: Correct. The Overview and Architecture section is focused on understanding the product architecture Option 4: While security is important, it is not the primary focus of the Overview and Architecture section of the exam.


NEW QUESTION # 131
Which of the following is a best practice for managing profitability in Oracle Profitability and Cost Management Cloud Service?

  • A. Performing ongoing analysis of costs and revenues
  • B. Focusing only on high-level profitability metrics
  • C. Using historical data only to make profitability decisions
  • D. Ignoring cost drivers and focusing only on revenue drivers

Answer: A

Explanation:
Option 1: Correct. Performing ongoing analysis of costs and revenues is a best practice for managing profitability. By continuously analyzing costs and revenues, organizations can identify areas of inefficiency or opportunity for improvement. Option 2: Incorrect. Using historical data only to make profitability decisions is not a best practice. While historical data can provide insights, it should be supplemented with ongoing analysis of current costs and revenues. Option 3: Incorrect. Focusing only on high-level profitability metrics is not a best practice. It is important to analyze profitability at a detailed level to understand the drivers of profitability. Option 4: Incorrect. Ignoring cost drivers and focusing only on revenue drivers is not a best practice. Both cost drivers and revenue drivers are important factors to consider when managing profitability.


NEW QUESTION # 132
Which of the following statements is true about loading data in the Oracle Profitability and Cost Management Cloud Service?

  • A. You can load data into multiple dimensions simultaneously by using the Data Integration Cloud
  • B. You can only load data into one dimension at a time by manually entering data in the web interface.
  • C. You can load data into multiple dimensions simultaneously by using a rule file.
  • D. You can only load data into one dimension at a time using the Data Integration File Import Utility.

Answer: C

Explanation:
Option 1: Correct: In Oracle Profitability and Cost Management Cloud Service, you can load data into multiple dimensions simultaneously by using a rule file. The rule file specifies the mapping between the source data and the target dimensions and members. Option 2: Incorrect: The statement is incorrect. In Oracle Profitability and Cost Management Cloud Service, you can load data into multiple dimensions simultaneously by using a rule file. The Data Integration File Import Utility allows you to load data into multiple dimensions at once. Option 3: Incorrect: The statement is incorrect. The Data Integration Cloud is not used to load data into Oracle Profitability and Cost Management Cloud Service. Instead, you can use the Data Integration File Import Utility to load data into multiple dimensions simultaneously. Option 4: Incorrect: The statement is incorrect. While you can manually enter data in the web interface of Oracle Profitability and Cost Management Cloud Service, it is not the only way to load data. You can also use the Data Integration File Import Utility to load data into multiple dimensions simultaneously.


NEW QUESTION # 133
Which of the following options describes the relationship between data load and allocation in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional?

  • A. Data load and allocation can be done concurrently without any issue
  • B. Allocation must always be run before loading data
  • C. Allocation can be run before or after data load but must not be run while data is being loaded D. Data load must always be run before allocation

Answer:

Explanation:
Option 1: Data load must always be run before allocation because it is the process of preparing the source data for allocation ensuring that all data is available and properly consolidated. Once data is loaded it can then be allocated. Option 2: Data load and allocation cannot be done concurrently because loading data may impact the allocation performance and results. Option 3: While it is possible to run allocation before or after loading data, it is recommended that data loading should be done first in order to have the most up-to-date data available for allocation. Running allocation while loading data is not supported Option 4: This is the correct answer. Data load must always be run before allocation to ensure that all relevant data is available for allocation. This includes checking for completeness, reconciling inter-company data, aggregating transactional data, and aligning hierarchies.


NEW QUESTION # 134
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