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1Z0-1061-24 Brain Dumps - Pdf 1Z0-1061-24 Format

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q284-Q289):

NEW QUESTION # 284
Which report type in Oracle Profitablity and Cost Management Cloud Service allows you to create custom reports using specified dimensions and measures?

A. Detail
B. Smart View
C. Summary
D. Allocation

Answer: A

Explanation:
Option 1: Incorrect. The Summary report type provides predefined summaries of data at different levels of granularity. Option 2: Correct. The Detail report type allows you to create custom reports by selecting the dimensions and measures you want to include. Option 3: Incorrect. Smart View is a tool that allows users to analyze and report on data from Oracle Profitability and Cost Management Cloud Service in Microsoft Excel. Option 4: Incorrect. The Allocation report type enables you to view the results of allocations that have been performed in Oracle Profitability and Cost Management Cloud Service.

NEW QUESTION # 285
Which of the following is a recommended feature to use when integrating Oracle Profitability and Cost Management Cloud Service (PCMCS) with other applications?

A. Essbase Integration
B. Oracle Data Integrator (ODI)
C. Financial Data Quality Management Enterprise Edition (FDMEE)
D. Data Integration

Answer: A

Explanation:
Option 1: Incorrect. While Data Integration is a valid feature, it is not specifically recommended for integrating PCMCS with other applications. There are other features that are more suitable for this purpose. Option 2: Correct. Essbase Integration is a recommended feature to use when integrating PCMCS with other applications. Essbase Integration allows for seamless integration and real-time data synchronization between PCMCS and Essbase, enabling organizations to leverage the power of Essbase for advanced analytics and reporting. Option 3: Incorrect. While Financial Data Quality Management Enterprise Edition (FDMEE) is a valid feature for data integration and transformation, it is not specifically recommended for integrating PCMCS with other applications. There are other features that are more suitable for this purpose. Option 4: Incorrect. While Oracle Data Integrator (ODI) is a valid feature for data integration and transformation, it is not specifically recommended for integrating PCMCS with other applications. There are other features that are more suitable for this purpose.

NEW QUESTION # 286
What is the primary purpose of managing data and metadata in Oracle Profitability and Cost Management Cloud Service?

A. To define cost allocations
B. To create cost objects
C. To configure security settings
D. To store and organize data for analysis

Answer: D

Explanation:
Option 1: Incorrect. Creating cost objects is not the primary purpose of managing data and metadata. While managing data and metadata may involve defining cost objects, it serves a broader purpose. Option 2: Incorrect. Defining cost allocations is not the primary purpose of managing data and metadata. While managing data and metadata may involve defining cost allocations, it serves a broader purpose. Option 3: Correct. The primary purpose of managing data and metadata in Oracle Profitability and Cost Management Cloud Service is to store and organize data for analysis. This includes defining cost objects, cost allocations, and other relevant metadata. Option 4: Incorrect. Configuring security settings is not the primary purpose of managing data and metadata. While managing data and metadata may involve configuring security settings, it serves a broader purpose.

NEW QUESTION # 287
When setting up models and rules in Oracle Profitability and Cost Management Cloud Service, which statement is true about allocation rules?

A. Allocation rules can only be applied to children of a specified dimension.
B. Allocation rules can only be used for allocation of revenue, not costs.
C. Allocation rules determine how costs are allocated to different objects in the model.
D. Allocation rules are optional and not necessary for the calculation process.

Answer: C

Explanation:
Option 1: Correct. Allocation rules are used to determine how costs are allocated to different objects in the model. They define the logic and calculations required to distribute costs appropriately. Option 2: Incorrect. Allocation rules are not optional and are necessary for the calculation process. They play a crucial role in determining how costs are distributed within the model. Option 3: Incorrect. Allocation rules can be applied to both revenue and costs. They are flexible and can be used to allocate any type of financial data within the model. Option 4: Incorrect. Allocation rules can be applied to any level of a dimension, including children of a specified dimension. They provide flexibility in distributing costs based on various criteria.

NEW QUESTION # 288
What is the process for creating an application dimension in Oracle Profitability and Cost Management Cloud Service?

A. Using the Application Import functionality
B. Using a data load rule to import application dimension members
C. Using the Dimension Editor in the Performance Management Architect (PMA) interface
D. Using the Calculation Manager in the Oracle Enterprise Performance Reporting Cloud Service (EPRCS) interface

Answer: C

Explanation:
Option 1: Incorrect. The Application Import functionality is used to import actual data, not create dimensions. Option 2: Incorrect. Data load rules are used to import data, not create dimensions. Option 3: Correct. The Dimension Editor in the Performance Management Architect (PM interface is used to create and manage dimensions in Oracle Profitability and Cost Management Cloud Service. Option 4: Incorrect. The Calculation Manager in the Oracle Enterprise Performance Reporting Cloud Service (EPRCS) interface is used for creating and managing calculations, not dimensions.

NEW QUESTION # 289
......

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