ACCURATE TRAINING 1Z0-1061-24 TOOLS BRING YOU EFFECTIVE 1Z0-1061-24 VALID TEST VOUCHER FOR ORACLE ORACLE CX SALES 2024 IMPLEMENTATION PROFESSIONAL

Accurate Training 1Z0-1061-24 Tools bring you Effective 1Z0-1061-24 Valid Test Voucher for Oracle Oracle CX Sales 2024 Implementation Professional

Accurate Training 1Z0-1061-24 Tools bring you Effective 1Z0-1061-24 Valid Test Voucher for Oracle Oracle CX Sales 2024 Implementation Professional

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q68-Q73):

NEW QUESTION # 68
Which option is the best way to manage data and metadata in Oracle Profitability and Cost Management Cloud Service?

  • A. Use Data Management to load and manage data from external sources
  • B. Use Smart View to manually enter and manage data
  • C. Use Calc Manager to automate data calculations
  • D. Use Financial Reporting Studio to create reports

Answer: A

Explanation:
Option 1: Correct. Using Data Management allows for efficient loading and management of data from external sources, ensuring data integrity and accuracy. Option 2: Incorrect. While Smart View can be used to manually enter and manage data, it is not the best option for managing large amounts of data or maintaining data integrity. Option 3: Incorrect. Calc Manager is used to automate data calculations, but it is not the best option for managing data and metadata. Option 4: Incorrect. Financial Reporting Studio is used to create reports, but it is not the best option for managing data and metadata.


NEW QUESTION # 69
When integrating Oracle Profitability and Cost Management Cloud Service with another application, what is the recommended approach to handle data transfers?

  • A. Use REST APIs provided by Oracle Profitability and Cost Management Cloud Service to extract data from the source application and load it into Oracle Profitability and Cost Management Cloud Service.
  • B. Use ETL tools to extract data from the source application, transform it into the required format, and load it into Oracle Profitability and Cost Management Cloud Service.
  • C. Use a third-party middleware solution to extract data from the source application, transform it into the required format, and load it into Oracle Profitability and Cost Management Cloud Service.
  • D. Use FTP/SFTP servers to transfer data between the source application and Oracle Profitability and Cost Management Cloud Service.

Answer: B

Explanation:
Option 1: This is correct because ETL tools are widely used by organizations to extract data from disparate sources, transform it into a format that can be loaded into Oracle Profitability and Cost Management Cloud Service, and load it. This process ensures data integrity and consistency during data transfers. Option 2: This is incorrect because third-party middleware solutions can be expensive and require additional maintenance. Using ETL tools provided by Oracle or other open-source software is more cost-effective. Option 3: This is incorrect because REST APIs are recommended for real-time data integration, yet they may not support the volume of data needed to be transferred to Oracle Profitability and Cost Management Cloud Service. This method can also increase latency over large distances or networks. Option 4: This is incorrect because manual file transfers can be tedious, error-prone and not very reliable. FTP/SFTP servers also are not as secure compared to other methods.


NEW QUESTION # 70
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to allocate costs for different types of activities?

  • A. Profitability analysis
  • B. Direct costing
  • C. Activity-based costing
  • D. Driver-based costing

Answer: C

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 # 71
Which of the following options is the most appropriate when integrating Oracle Profitability and Cost Management Cloud Service with other applications?

  • A. Use Oracle Hyperion Financial Data Quality Management Enterprise Edition (FDMEE) to extract data from Oracle Profitability and Cost Management Cloud Service and load it into the other applications.
  • B. Use Oracle Integration Cloud Service (ICS) to integrate Oracle Profitability and Cost Management Cloud Service with the other applications.
  • C. Use flat files to extract data from Oracle Profitability and Cost Management Cloud Service and load it into the other applications.
  • D. Use Oracle Data Integrator (ODI) to extract data from Oracle Profitability and Cost Management Cloud Service and load it into the other applications.

Answer: B

Explanation:
Option 1: Incorrect. ODI is not the most appropriate option for integrating Oracle Profitability and Cost Management Cloud Service with other applications. While it is possible to use ODI, it may require additional configuration and customization. Option 2: Incorrect. Using flat files to extract data from Oracle Profitability and Cost Management Cloud Service and load it into other applications can be a manual and time-consuming process. It may also require additional manual steps to configure and load the data correctly. Option 3: Correct. Oracle Integration Cloud Service (ICS) is the most appropriate option for integrating Oracle Profitability and Cost Management Cloud Service with other applications. ICS provides prebuilt connectors and adapters for seamless integration and supports various integration patterns such as real-time and batch integration. Option 4: Incorrect. While it is possible to use Oracle Hyperion Financial Data Quality Management Enterprise Edition (FDMEE) for data extraction and integration, it may require additional configuration and customization. Oracle Integration Cloud Service (ICS) is a more suitable choice for integrating Oracle Profitability and Cost Management Cloud Service with other applications.


NEW QUESTION # 72
In Oracle Profitability and Cost Management Cloud Service, when setting up models and rules, what are the benefits of using allocation rules instead of spreading rules?

  • A. Allocation rules are more complex to set up and maintain compared to spreading rules.
  • B. Allocation rules provide a faster calculation process compared to spreading rules.
  • C. Allocation rules allow for a more sophisticated and granular distribution of costs.
  • D. Allocation rules can only be used for direct cost allocations, while spreading rules can be used for both direct and indirect cost allocations.

Answer: C

Explanation:
Option 1: Correct. Allocation rules allow for a more sophisticated and granular distribution of costs. They can be used to allocate costs based on specific criteria, such as percentages, weights, or formulas. This level of flexibility allows for more accurate and detailed cost allocations. Option 2: Incorrect. Allocation rules do not necessarily provide a faster calculation process compared to spreading rules. The calculation speed depends on the complexity and size of the model, as well as the efficiency of the rule design. Both allocation and spreading rules can be optimized to enhance performance. Option 3: Incorrect. Allocation rules can be used for both direct and indirect cost allocations. They offer the flexibility to allocate costs based on various criteria, allowing for the allocation of indirect costs to the appropriate cost centers. Option 4: Incorrect. While allocation rules may require more effort to set up initially, they provide greater flexibility and accuracy in cost allocation compared to spreading rules. The additional complexity is justified by the ability to allocate costs based on specific criteria, which can result in more accurate cost allocations.


NEW QUESTION # 73
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