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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q101-Q106):

NEW QUESTION # 101
Which hierarchy level is used to define which accounts are revenue, expense, and statistical in a custom application?

A. Account
B. Account Type
C. Rule Set
D. Dimensionality

Answer: B

Explanation:
Option 1: Incorrect. A rule set is used to define business rules and calculations for the application. Option 2: Incorrect. Dimensionality is used to define the structure and relationships of the dimensions in the application. Option 3: Correct. Account Type is used to define which accounts are revenue, expense, and statistical in a custom application. Option 4: Incorrect. Account represents a specific account within the application.

NEW QUESTION # 102
What is the process for creating an application dimension in Oracle Profitability and Cost Management Cloud Service?

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

Answer: A

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 # 103
What is the primary purpose of Oracle Profitability and Cost Management (PCM) Cloud Service?

A. To manage the procurement and purchasing process
B. To streamline the billing and invoicing process
C. To provide a comprehensive view of cost and profitability across the organization
D. To automate financial consolidation and reporting

Answer: C

Explanation:
Option 1: Correct: The primary purpose of Oracle PCM Cloud Service is to provide a comprehensive view of cost and profitability across the organization, enabling better decision-making and strategic planning. It helps organizations analyze and understand their business costs, identify areas of improvement, and optimize profitability. Option 2: Incorrect: While Oracle PCM Cloud Service may help streamline the billing and invoicing process by providing better insights into cost and profitability, it is not the primary purpose of this solution. Option 3: Incorrect: Financial consolidation and reporting is typically a different process than the cost and profitability analysis provided by Oracle PCM Cloud Service. While PCM can provide insights into cost elements, it is not primarily designed for financial consolidation and reporting. Option 4: Incorrect: While Oracle PCM Cloud Service may provide insights into procurement and purchasing costs, it is not the primary purpose of this solution. PCM focuses on cost and profitability analysis, rather than procurement management.

NEW QUESTION # 104
Which statement is true about setting up models and rules in Oracle Profitability and Cost Management Cloud Service?

A. Models and rules can only be set up by developers with programming skills.
B. Models and rules can be set up using either the Profitability and Cost Management web interface or the Oracle Smart View for Office.
C. Rules define the calculations for allocating costs and revenues among cost objects.
D. Models consist of database tables that contain data related to cost objects and drivers.

Answer: B

Explanation:
Option 1: Incorrect. Models consist of data structures, not database tables. Option 2: Incorrect. Rules define the calculations for allocating costs and revenues among dimensions, not just cost objects. Option 3: Correct. Oracle Profitability and Cost Management Cloud Service allows users to set up models and rules using either the Profitability and Cost Management web interface or the Oracle Smart View for Office. This provides flexibility and convenience for users with different preferences and workflows. Option 4: Incorrect. Models and rules can be set up by business users or administrators using the intuitive web interface or Smart View, without the need for programming skills.

NEW QUESTION # 105
Which of the following is a best practice when setting up models and rules in Oracle Profitability and Cost Management Cloud Service?

A. Defining attributes for increased granularity
B. Setting dynamic variables at an organizational level
C. Using exported data to perform complex calculations
D. Using dynamic formulas to calculate allocations

Answer: A

Explanation:
Option 1: Incorrect. Using dynamic formulas can increase maintenance efforts and impact performance. Option 2: Correct. Defining attributes allows for more precise modeling and reporting. Option 3: Incorrect. Setting dynamic variables at an organizational level can limit flexibility. Option 4: Incorrect. Using exported data for calculations can introduce data integrity risks and maintenance challenges.

NEW QUESTION # 106
......

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