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Valid Oracle 1Z0-1061-24 Test Camp & 1Z0-1061-24 Exam Sample Online
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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q339-Q344):
NEW QUESTION # 339
When configuring security in Oracle Profitability and Cost Management Cloud Service, which option allows you to define access to different dimensions based on the user roles and responsibilities?
- A. Cube security
- B. Member security
- C. Task security
- D. Data security
Answer: D
Explanation:
Option 1: Incorrect. Cube security allows you to define access to cubes and their dimensions, but it does not provide granular control over different dimensions based on user roles and responsibilities. Option 2: Correct. Data security in Oracle Profitability and Cost Management Cloud Service allows you to define access to different dimensions based on the user roles and responsibilities. This allows you to control data visibility and manipulation at a more granular level. Option 3: Incorrect. Member security allows you to define access to specific members within a dimension, but it does not provide granular control over different dimensions based on user roles and responsibilities. Option 4: Incorrect. Task security allows you to define access to specific tasks within the application, but it does not provide granular control over different dimensions based on user roles and responsibilities.
NEW QUESTION # 340
When creating dimensions in Oracle Profitability and Cost Management Cloud Service 2023, which of the following statements is true?
- A. Dimensions are only used for reporting purposes and do not impact the calculation logi
- B. Hierarchies within dimensions can only have a maximum of five levels.
- C. Dimensions can only be created using the graphical user interface (GUI) and cannot be imported or exported.
- D. Creating a large number of dimensions can negatively impact performance and system resources.
Answer: D
Explanation:
Option 1: Incorrect. Dimensions in Oracle Profitability and Cost Management Cloud Service 2023 not only impact reporting, but they also play a critical role in the calculation logic. They define the structure and organization of the data being calculated. Option 2: Correct. Creating a large number of dimensions can negatively impact performance and system resources. It is recommended to carefully consider the number and complexity of dimensions to optimize system performance. Option 3: Incorrect. Hierarchies within dimensions can have more than five levels in Oracle Profitability and Cost Management Cloud Service 202 The number of levels can be customized based on the specific requirements of the business. Option 4: Incorrect. Dimensions in Oracle Profitability and Cost Management Cloud Service 2023 can be created using both the graphical user interface (GUI) and also imported or exported using various data formats such as CSV or Excel.
NEW QUESTION # 341
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 used for allocation of revenue, not costs.
- B. Allocation rules determine how costs are allocated to different objects in the model.
- C. Allocation rules can only be applied to children of a specified dimension.
- D. Allocation rules are optional and not necessary for the calculation process.
Answer: B
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 # 342
Which of the following methods can be used to load data into Oracle Profitability and Cost Management Cloud Service?
- A. Data Integrator
- B. Data Relationship Management
- C. Smart View
- D. Data Management
Answer: D
Explanation:
Option 1: Correct: Data Management is a tool that can be used to load data into Oracle Profitability and Cost Management Cloud Service. It provides functionality to import and export large volumes of data through a user-friendly interface. Option 2: Incorrect: Smart View can be used for reporting and analysis purposes, but it is not a tool designed specifically for data loading. Option 3: Incorrect: Data Integrator is a tool used for integrating disparate data sources, but it is not typically used for loading data into Oracle Profitability and Cost Management Cloud Service. Option 4: Incorrect: Data Relationship Management is a tool used for managing master data, but it is not used for loading data into Oracle Profitability and Cost Management Cloud Service.
NEW QUESTION # 343
When creating a report in Oracle Profitability and Cost Management Cloud Service, what is the purpose of the 'Allocation' function?
- A. To distribute costs from one cost center to another based on specified rules.
- B. To consolidate the costs from multiple cost centers into a single value.
- C. To group similar cost centers together for reporting purposes.
- D. To calculate the total costs for each cost center.
Answer: A
Explanation:
Option 1: Correct. The 'Allocation' function in Oracle Profitability and Cost Management Cloud Service is used to distribute costs from one cost center to another based on specified rules. Option 2: Incorrect. The 'Allocation' function in Oracle Profitability and Cost Management Cloud Service is not used to calculate the total costs for each cost center. It is used to distribute costs. Option 3: Incorrect. The 'Allocation' function in Oracle Profitability and Cost Management Cloud Service is not used to group similar cost centers together for reporting purposes. It is used to distribute costs. Option 4: Incorrect. The 'Allocation' function in Oracle Profitability and Cost Management Cloud Service is not used to consolidate the costs from multiple cost centers into a single value. It is used to distribute costs.
NEW QUESTION # 344
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