1Z0-1061-24 RELIABLE EXAM DUMPS, 1Z0-1061-24 EXAM DISCOUNT VOUCHER

1Z0-1061-24 Reliable Exam Dumps, 1Z0-1061-24 Exam Discount Voucher

1Z0-1061-24 Reliable Exam Dumps, 1Z0-1061-24 Exam Discount Voucher

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q162-Q167):

NEW QUESTION # 162
Which of the following statements accurately describes the difference between a dimension and a member in Oracle Profitability and Cost Management Cloud Service (PCMCS)?

  • A. A dimension is a specific instance within a member, while a member is a category or characteristic that provides context for a dimension.
  • B. A dimension is a category or characteristic that provides context for a member, while a member is a specific instance or data point within a dimension.
  • C. A dimension and a member are the same thing and can be used interchangeably in PCMCS
  • D. A dimension is used for metadata management, while a member is used for data input.

Answer: B

Explanation:
Option 1: This option is the correct answer as it accurately describes the difference between dimensions and members in PCMCS. A dimension is a category or characteristic that provides context, while a member is a specific instance or data point within that category or characteristic. Option 2: This option is incorrect as it describes the opposite relationship between dimensions and members. Option 3: This option is incorrect as dimensions and members are not the same thing and cannot be used interchangeably. They have distinct roles and functions in PCMCS. Option 4: This option is incorrect as dimensions and members are both used for metadata management and data input in PCMCS. The statement incorrectly suggests that they have different uses.


NEW QUESTION # 163
What tool can be used to automate uploading data from a SQL Server database to Oracle Profitability and Cost Management Cloud Service?

  • A. Data Integration
  • B. Data Management API
  • C. Data Management
  • D. File Import

Answer: A

Explanation:
Option 1: Option is incorrect because Data Management is a tool used to move data between applications. Option 2: Option is incorrect because File Import is a tool used to upload data from a file to Oracle Profitability and Cost Management Cloud Service. Option 3: Option is correct because Data Integration provides a way to connect Oracle Profitability and Cost Management Cloud Service to a SQL Server database and automate the transfer of data. Option 4: Option is incorrect because Data Management API is a REST API used to perform actions on data in Oracle Profitability and Cost Management Cloud Service, but it does not provide a way to connect to a SQL Server database.


NEW QUESTION # 164
Which application(s) can be created using the Oracle Profitability and Cost Management Cloud Service?

  • A. Consolidation
  • B. Budgeting
  • C. Profitability
  • D. Planning

Answer: C

Explanation:
Option 1: Incorrect - Although budgeting is an important financial process, it is not one of the applications that can be created using the Oracle Profitability and Cost Management Cloud Service. Option 2: Incorrect - While planning is a critical aspect of financial management, it is not one of the applications that can be created using the Oracle Profitability and Cost Management Cloud Service. Option 3: Correct - Profitability is one of the applications that can be created using the Oracle Profitability and Cost Management Cloud Service. This application enables organizations to analyze and optimize their profitability through various dimensions and drivers. Option 4: Incorrect - Consolidation is an important financial process, but it is not one of the applications that can be created using the Oracle Profitability and Cost Management Cloud Service.


NEW QUESTION # 165
Which of the following statements accurately describes the functionality of data loads in Oracle Profitability and Cost Management Cloud Service?

  • A. Data loads allow you to bring data into the target application for further analysis and reporting.
  • B. Data loads can only be performed manually and cannot be scheduled to run automatically.
  • C. Data loads require the use of external tools and cannot be performed through the user interface.
  • D. Data loads are limited to a maximum of 1 million rows

Answer: A

Explanation:
Option 1: This option is correct because data loads in Oracle Profitability and Cost Management Cloud Service allow you to bring data from source systems into the target application for further analysis and reporting. Option 2: This option is incorrect because you can schedule data loads to run automatically in Oracle Profitability and Cost Management Cloud Service using the 'Import and Data Management' interface or through Calculation Manager. Option 3: This option is incorrect because there is no predetermined limit to the number of rows that can be loaded into Oracle Profitability and Cost Management Cloud Service. Option 4: This option is incorrect because data loads can be performed natively through the user interface, as well as through external tools such as EPM Automate and REST APIs.


NEW QUESTION # 166
When creating applications and dimensions in Oracle Profitability and Cost Management Cloud Service 2023, what are some best practices to follow? Choose the best answer.

  • A. Use a large number of dimensions to capture all possible attributes of your business data.
  • B. Define applications and dimensions based on your reporting and analysis requirements
  • C. Avoid using parent-child relationships in hierarchies to minimize complexity.
  • D. Define fewer applications and dimensions to simplify the hierarchy structure.

Answer: B

Explanation:
Option 1: Incorrect. Defining fewer applications and dimensions may lead to a lack of granularity and make it difficult to capture specific business attributes. Option 2: Incorrect. Using a large number of dimensions can result in increased complexity and potentially impact performance. It is important to strike a balance between capturing necessary information and keeping the system manageable. Option 3: Incorrect. Parent-child relationships in hierarchies are common and often required to represent the structure of business data accurately. Option 4: Correct. It is best practice to define applications and dimensions based on your reporting and analysis requirements, ensuring that you can capture the necessary attributes and structure your data appropriately.


NEW QUESTION # 167
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