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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q93-Q98):
NEW QUESTION # 93
What is the recommended approach for running allocations in Oracle Profitability and Cost Management Cloud Service 2023?
- A. Run allocations in parallel with data loads.
- B. Run allocations periodically based on business requirements and data availability.
- C. Run allocations sequentially after all data loads are completed.
- D. Run all allocations at once to save processing time.
Answer: B
Explanation:
Option 1: Incorrect. Running all allocations at once may lead to processing delays and may not be efficient. Option 2: Incorrect. Running allocations in parallel with data loads may cause contention for system resources and may result in inconsistent results. Option 3: Incorrect. Running allocations sequentially after all data loads are completed may delay the availability of the allocation results to business users. Option 4: Correct. Running allocations periodically based on business requirements and data availability ensures efficient use of system resources and timely availability of allocation results to business users.
NEW QUESTION # 94
Which functionality in Oracle Profitability and Cost Management Cloud Service allows users to define rules that allocate data based on specific criteria?
- A. Dimension Management
- B. Allocation
- C. Data Manipulation
- D. Data Load
Answer: B
Explanation:
Option 1: Incorrect. Data Manipulation functionality in Oracle Profitability and Cost Management Cloud Service is used for calculations and aggregations on existing data, not for defining rules that allocate data. Option 2: Correct. The Allocation functionality in Oracle Profitability and Cost Management Cloud Service allows users to define rules that allocate data based on specific criteria. These rules can be used to distribute costs, revenues, or other financial metrics across dimensions and members. Option 3: Incorrect. Dimension Management functionality in Oracle Profitability and Cost Management Cloud Service is used to define and manage the dimensions and members of the application, not for defining rules that allocate data. Option 4: Incorrect. Data Load functionality in Oracle Profitability and Cost Management Cloud Service is used to import data from external sources into the application, not for defining rules that allocate data.
NEW QUESTION # 95
When loading data into Profitability and Cost Management Cloud Service, what is the purpose of setting up control tables and what type of data can be included in these tables?
- A. To define the relationships between tables and establish foreign key constraints. Control tables can include dimensions, hierarchies, and attributes.
- B. To specify which periods to load and the data type of each column. Control tables can include time periods, data types, and column headers.
- C. To validate the quality of the data loaded into the system. Control tables can include error logs, validation rules, and mapping tables.
- D. To indicate which files to load and how to transform the data. Control tables can include mapping tables, variable tables, and validation rules.
Answer: D
Explanation:
Option 1: This answer is correct because control tables help define how to manipulate and transform incoming data, as well as how to map it to existing dimensions and perform validations. The types of control tables include mapping tables, variable tables, and validation rules. Option 2: This answer is incorrect because defining relationships between tables is not the primary purpose of control tables in data loading. Option 3: This answer is incorrect because while specifying periods and data types may be included in control tables, they do not encompass the full scope of what control tables can do. Option 4: This answer is incorrect because while control tables can be used for validation, they do not include error logs or data mapping tables.
NEW QUESTION # 96
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to allocate costs for different types of activities?
- A. Profitability analysis
- B. Driver-based costing
- C. Direct costing
- D. Activity-based costing
Answer: D
Explanation:
Option 1: Correct: Activity-based costing in Oracle Profitability and Cost Management Cloud Service allows users to allocate costs for different types of activities. Option 2: Incorrect: Driver-based costing in Oracle Profitability and Cost Management Cloud Service is not related to allocating costs for different types of activities. Option 3: Incorrect: Direct costing in Oracle Profitability and Cost Management Cloud Service is not related to allocating costs for different types of activities. Option 4: Incorrect: Profitability analysis in Oracle Profitability and Cost Management Cloud Service is not related to allocating costs for different types of activities.
NEW QUESTION # 97
Which of the following is true about running allocations in Oracle Profitability and Cost Management Cloud Service?
- A. Allocations can only be run on data that has been previously loaded into the system.
- B. Allocations cannot be run on data that has not been consolidated.
- C. Allocations can only be run using the built-in allocation engine provided by the system.
- D. The Allocation Rule Editor can be used to create new allocation rules.
Answer: D
Explanation:
Option 1: This answer is incorrect because it is possible to create custom allocation engines in addition to using the built-in engine. Option 2: This answer is incorrect because allocations can be run on data that is entered directly into the system as well as data that has been loaded in from external sources. Option 3: This answer is correct because the Allocation Rule Editor is a key tool for creating and managing allocation rules in the system. Option 4: This answer is incorrect because it is possible to run allocations on data that has not been consolidated.
NEW QUESTION # 98
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