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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q133-Q138):
NEW QUESTION # 133
What is the recommended frequency for running allocations in Oracle Profitability and Cost Management Cloud Service?
- A. Weekly
- B. Annually
- C. Monthly
- D. Daily
Answer: A
Explanation:
Option 1: Incorrect. Running allocations on a daily basis may lead to excessive processing and slow performance. Option 2: Correct. The recommended frequency for running allocations in Oracle Profitability and Cost Management Cloud Service is on a weekly basis. This allows for regular updates to the allocations without overwhelming the system with excessive processing. Option 3: Incorrect. Running allocations on a monthly basis may result in delays in reporting and analysis due to the infrequent updates. Option 4: Incorrect. Running allocations on an annual basis may result in outdated data and limited ability to perform timely analysis.
NEW QUESTION # 134
When setting up rules in Oracle Profitability and Cost Management Cloud Service, what is the difference between a static allocation method and a dynamic allocation method?
- A. A static allocation method distributes costs based on fixed data, while a dynamic allocation method distributes costs based on variable data.
- B. A static allocation method distributes costs based on predefined rules and percentages that do not change, while a dynamic allocation method distributes costs based on changing factors and activities.
- C. A static allocation method distributes costs only to one dimension member, while a dynamic allocation method distributes costs across multiple dimension members.
- D. A static allocation method distributes costs based on actual data, while a dynamic allocation method distributes costs based on estimated data.
Answer: B
Explanation:
Option 1: This answer is correct because a static allocation method distributes costs based on predefined rules and percentages that do not change, while a dynamic allocation method distributes costs based on changing factors and activities. Static allocation methods are useful for situations where costs are known in advance, while dynamic allocation methods are useful for situations where costs change based on varying factors. Option 2: This answer is incorrect because both static and dynamic allocation methods can distribute costs to multiple dimension members. Option 3: This answer is incorrect because both static and dynamic allocation methods can distribute costs based on actual or estimated data. Option 4: This answer is incorrect because both static and dynamic allocation methods can distribute costs based on fixed or variable data.
NEW QUESTION # 135
When creating an application, what are the steps involved in creating dimensions?
- A. Create member formulas and calculations
- B. Create attribute dimensions
- C. Map dimensions to the relevant custom dimensions
- D. Define the dimensions in the metadata
Answer: D
Explanation:
Option 1: The correct answer is: Define the dimensions in the metadata. When creating an application, the first step is to define the dimensions in the metadata. This involves creating the necessary dimensions to represent the different aspects of the business and defining the hierarchies and properties for each dimension. Option 2: Create member formulas and calculations is incorrect. Member formulas and calculations are not directly related to creating dimensions. They are used to perform calculations and define relationships between members within a dimension. Option 3: Create attribute dimensions is incorrect. Attribute dimensions are used to describe characteristics or additional information about members in a dimension. They are not part of the initial process of creating dimensions. Option 4: Map dimensions to the relevant custom dimensions is incorrect. Custom dimensions are used to represent specific business requirements that cannot be captured in the standard dimensions. Mapping dimensions to custom dimensions is not part of the initial process of creating dimensions.
NEW QUESTION # 136
When importing data into Oracle Profitability and Cost Management Cloud Service from an external system, what is the recommended approach to ensure data consistency and reduce errors?
- A. Use the Excel-based Data Entry form to manually input the data
- B. Import the data directly into the final target application using the Data Integration feature
- C. Perform a test import first without committing, and analyze the results to identify potential issues
- D. Convert the data into a CSV file and use the Data Management Inbound interface to load the data
Answer: C
Explanation:
Option 1: This option is the correct answer. It is recommended to perform a test import first without committing, and analyze the results to identify potential issues. This approach will help ensure data consistency and reduce errors when importing data into Oracle Profitability and Cost Management Cloud Service from an external system. Option 2: This option is incorrect. It is not recommended to import the data directly into the final target application using the Data Integration feature, as this approach may result in inconsistent data and errors. Option 3: This option is incorrect. While the Excel-based Data Entry form can be used to manually input the data, this approach is not recommended for large datasets as it can be time-consuming and may result in errors. Option 4: This option is incorrect. While converting the data into a CSV file and using the Data Management Inbound interface to load the data is a valid approach, it is not the recommended approach for ensuring data consistency and reducing errors. This approach may result in inconsistent data and errors.
NEW QUESTION # 137
When loading data into Oracle Profitability and Cost Management Cloud Service, which of the following statements is TRUE about flat files?
- A. Flat files must be in XML format.
- B. Flat files can be in any text-based format.
- C. Flat files must be in XLSX format.
- D. Flat files must be in CSV format.
Answer: B
Explanation:
Option 1: Incorrect. Flat files can be in any text-based format, including CSV, TXT, or TSV. Option 2: Correct. Flat files can be in any text-based format, including CSV, TXT, or TSV. This provides flexibility when working with data from various sources. Option 3: Incorrect. Flat files do not have to be in XML format. Option 4: Incorrect. Flat files do not have to be in XLSX format. They can be in any text-based format.
NEW QUESTION # 138
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