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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q29-Q34):

NEW QUESTION # 29
Which of the following features of Oracle Profitability and Cost Management Cloud Service provides the ability to view and analyze profitability and cost data in real time, while also allowing users to create custom reports and dashboards for their specific needs?

A. Data Integration
B. Reporting and Analytics
C. Data Aggregation
D. Allocations

Answer: B

Explanation:
Option 1: Data Integration refers to the process of pulling data from various sources and into the application. Although this feature is important in aggregating data and making it available for analysis, it does not provide the ability to analyze it in real time or create custom reports and dashboards. Option 2: The Allocations feature is used to allocate costs from one entity to another. While this feature is essential for accurately apportioning expenses, it does not provide real-time analysis or customizable reporting. Option 3: Reporting and Analytics is the correct answer. This feature allows users to view and analyze profitability and cost data in real-time. It also provides customizable reporting and dashboard creation for specific needs. This feature can be accessed using the web interface or via Oracle Business Intelligence Enterprise Edition (OBIEE). Option 4: Data Aggregation refers to the process of combining data from different sources and summarizing it into meaningful information. This feature is important for providing a complete picture of profitability and costs but it does not provide the ability to analyze it in real time or customize reporting.

NEW QUESTION # 30
What steps should be taken when integrating Oracle Profitability and Cost Management Cloud Service with other applications?

A. Choose the best application to integrate with.
B. Select the optimum method of integration.
C. Determine the amount of architecture and design work required.
D. Identify the scope of integration.

Answer: B

Explanation:
Option 1: This option is incorrect as determining the amount of architecture and design work required should form part of selecting the optimum method of integration. Option 2: This option is incorrect as identifying the scope of integration is part of the preliminary steps to determine the specification of the integration. Option 3: This option is correct as selecting the optimum method of integration is crucial as there are multiple methods that can be used and the best one for the current scenario needs to be chosen. Option 4: This option is incorrect as the selection of the application to integrate with is a sole discretion of the company and should not form part of the basic preliminary steps.

NEW QUESTION # 31
In order to manage profitability in Oracle Profitability and Cost Management Cloud Service, which of the following features allows you to allocate indirect costs to cost objects?

A. Allocations Process
B. Allocation Rule
C. Advanced Cost Calculation
D. Data Management

Answer: B

Explanation:
Option 1: Correct. The Advanced Cost Calculation feature in Oracle Profitability and Cost Management Cloud Service allows you to allocate indirect costs to cost objects. It provides flexible and powerful modeling capabilities for cost allocation scenarios. Option 2: Incorrect. The Allocation Rule feature in Oracle Profitability and Cost Management Cloud Service is used to define allocation calculations and criteria, but it does not directly allocate indirect costs to cost objects. Option 3: Incorrect. The Allocations Process feature in Oracle Profitability and Cost Management Cloud Service automates the execution of allocation calculations and processes, but it does not directly allocate indirect costs to cost objects. Option 4: Incorrect. The Data Management feature in Oracle Profitability and Cost Management Cloud Service enables you to import, validate, and map data into profitability and cost management applications, but it does not directly allocate indirect costs to cost objects.

NEW QUESTION # 32
When integrating Oracle Profitability and Cost Management Cloud Service with other applications, which tool is recommended for data integration to/from Oracle Profitability and Cost Management Cloud Service?

A. Pluggable Data Transfer (PDT)
B. Oracle Data Visualization (DV)
C. Oracle Data Relationship Management (DRM)
D. Oracle Data Integrator (ODI)

Answer: D

Explanation:
Option 1: Correct: Pluggable Data Transfer (PDT) is the recommended tool for data integration to/from Oracle Profitability and Cost Management Cloud Service. PDT provides an easy and efficient way to transfer data between Oracle Profitability and Cost Management Cloud Service and other applications. Option 2: Incorrect: Oracle Data Integrator (ODI) is not the recommended tool for data integration to/from Oracle Profitability and Cost Management Cloud Service. Although ODI is a powerful data integration tool, Pluggable Data Transfer (PDT) is specifically designed for seamless integration with Oracle Profitability and Cost Management Cloud Service. Option 3: Incorrect: Oracle Data Relationship Management (DRM) is not the recommended tool for data integration to/from Oracle Profitability and Cost Management Cloud Service. DRM is a master data management tool and is not specifically designed for seamless integration with Oracle Profitability and Cost Management Cloud Service. Option 4: Incorrect: Oracle Data Visualization (DV) is not the recommended tool for data integration to/from Oracle Profitability and Cost Management Cloud Service. DV is a data visualization and business intelligence tool and is not specifically designed for seamless integration with Oracle Profitability and Cost Management Cloud Service.

NEW QUESTION # 33
What is the recommended approach for creating custom reports in Oracle Profitability and Cost Management Cloud Service?

A. Use the built-in report designer tool to create reports
B. Export data to external tools and create reports
C. Create reports from scratch using SQL and PL/SQL queries
D. Use pre-built templates and modify them to meet specific requirements

Answer: A

Explanation:
Option 1: Incorrect. Using pre-built templates and modifying them may not meet specific requirements and could be time- consuming. Option 2: Incorrect. Creating reports from scratch using SQL and PL/SQL queries is not recommended as it requires advanced technical skills and may not be efficient. Option 3: Correct. The recommended approach for creating custom reports in Oracle Profitability and Cost Management Cloud Service is to use the built-in report designer tool. This tool provides a user- friendly interface to create and customize reports based on specific requirements. Option 4: Incorrect. Exporting data to external tools and creating reports may not provide real-time data and could be complex to maintain.

NEW QUESTION # 34
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