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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q69-Q74):

NEW QUESTION # 69
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to define and maintain hierarchies and dimensions?

A. Dimensions, Views, and Relationships
B. Rules
C. Scenario Modeling
D. Import Data

Answer: A

Explanation:
Option 1: Import Data is not a feature that allows users to define and maintain hierarchies and dimensions. It is used to load data into the application. Option 2: Scenario Modeling is not a feature that allows users to define and maintain hierarchies and dimensions. It is used for performing what-if analysis and scenario testing. Option 3: Rules is not a feature that allows users to define and maintain hierarchies and dimensions. It is used for defining calculations and allocations. Option 4: Dimensions, Views, and Relationships is the correct answer because it allows users to define and maintain hierarchies and dimensions in Oracle Profitability and Cost Management Cloud Service. Users can create and manage dimensions, views, and relationships for organizing and analyzing data in a structured manner.

NEW QUESTION # 70
Which component of Oracle Profitability and Cost Management Cloud Service allows you to define hierarchies and assign attribute values to different levels in the hierarchy?

A. Driver-based planning
B. Dimension library
C. Metamodel
D. Allocation engine

Answer: B

Explanation:
Option 1: Incorrect. The allocation engine is responsible for executing allocations and distributing costs based on predefined rules. Option 2: Incorrect. Driver-based planning is a feature that allows you to derive planning values based on specific drivers or metrics. Option 3: Correct. The dimension library is where you define the structure of your dimensions and assign attribute values to different levels in the hierarchy. Option 4: Incorrect. The metamodel represents the underlying data model in Oracle Profitability and Cost Management Cloud Service, but it is not responsible for defining hierarchies and assigning attribute values.

NEW QUESTION # 71
Which of the following is a best practice for creating and managing reports in Oracle Profitability and Cost Management Cloud Service?

A. Leverage custom scripts and external data sources for report generation.
B. Include all available dimensions in the report layout to provide comprehensive information
C. Use aggregation and suppression techniques to simplify and focus the report content.
D. Use complex formulas in report templates to achieve precise calculations.

Answer: C

Explanation:
Option 1: Incorrect. Using complex formulas in report templates can make the report difficult to understand and maintain. Option 2: Incorrect. Including all available dimensions may result in cluttered reports and overwhelm the users with unnecessary information. Option 3: Correct. Using aggregation and suppression techniques helps simplify reports and focus on relevant information, improving usability and readability. Option 4: Incorrect. Leveraging custom scripts and external data sources can introduce additional complexity and maintenance overhead.

NEW QUESTION # 72
Which of the following is a best practice for creating dimensions in Oracle's Profitability and Cost Management Cloud Service?

A. Always use the 'Global' dimension type to facilitate organization-wide dimension access.
B. Always prefix account member names with an account code or abbreviation.
C. Create a separate dimension for each account when dealing with multidimensional data.
D. Never use formulae when defining dimension member names.

Answer: B

Explanation:
Option 1: This option is incorrect because using the 'Global' dimension type may grant access and modification privileges to all users and impact overall performance. Option 2: This option is incorrect because formulae are required in certain situations, such as when defining multi-level hierarchies or custom calculations. Option 3: This option is incorrect because creating a separate dimension for each account in multidimensional data may lead to unnecessarily cumbersome models and impede scalability. Option 4: This option is correct. Prefixing account member names with an account code or abbreviation can enhance clarity, facilitate sorting, filtering, and searching operations, and help prevent naming collisions.

NEW QUESTION # 73
Which of the following options allows users to drill down from summary data to transaction level detail?

A. Smart View
B. Oracle Fusion Subledger Accounting
C. Oracle Fusion General Ledger
D. Oracle Profitability and Cost Management Cloud Service

Answer: A

Explanation:
Option 1: Correct. Oracle Fusion General Ledger allows users to drill down from summary data to transaction level detail through its drill-down functionality. Option 2: Incorrect. Smart View is a Microsoft Excel plug-in that provides ad hoc query and analysis capabilities, but it does not have the specific functionality to drill down from summary data to transaction level detail. Option 3: Incorrect. Oracle Fusion Subledger Accounting is responsible for generating accounting entries and does not provide drill-down functionality. Option 4: Incorrect. Oracle Profitability and Cost Management Cloud Service focuses on cost calculations and allocation, and does not have the drill-down functionality required for this question.

NEW QUESTION # 74
......

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