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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q273-Q278):
NEW QUESTION # 273
Which of the following methods can be used to explicitly define a hierarchy for a Dimension in Oracle Profitability and Cost Management Cloud Service 2023?
- A. Creating a hierarchy file in the PBCS format and importing to the dimension editor
- B. Manually creating a parent-child hierarchy in dimension editor from the imported flat file format
- C. Creating a parent-child hierarchy in the source system, then importing to PBCS as a flat file format
- D. Creating a parent-child hierarchy in PBCS as part of importing the data from source systems
Answer: A
Explanation:
Option 1: This option is incorrect. While creating a parent-child hierarchy is a valid method, flat file formats cannot define a hierarchy, which is required for effective dimension management. Option 2: This option is incorrect. Creating hierarchies in PBCS, while possible, is usually not recommended as it's generally more efficient to maintain hierarchies in the source systems. Option 3: This option is incorrect. This can be a very time-consuming process, and there is a high probability of errors while creating manually. Also, PBCS offers a lot of powerful functionality to manage hierarchies, which may not be available in the source system or excel. Option 4: This option is correct. Creating custom hierarchies in PBCS requires the creation of a hierarchy file which can be either in the format of a hierarchy definition file (HDF) or a metadata interchange format (MIF) file. These files are specific to PBCS and take advantage of all the productivity-enhancing features of the system.
NEW QUESTION # 274
When managing profitability in the Oracle Profitability and Cost Management (PCM) Cloud Service, which of the following actions should be taken to improve cost allocation accuracy?
- A. Increase the number of allocation rules to distribute costs more evenly
- B. Eliminate the use of cost pools to simplify the allocation process
- C. Review and refine the cost drivers used in the allocation process
- D. Reduce the granularity of the allocation process
Answer: C
Explanation:
Option 1: Correct: Reviewing and refining the cost drivers used in the allocation process can help improve cost allocation accuracy. By ensuring that the cost drivers accurately reflect the consumption of resources, the allocated costs will be more accurate. Option 2: Incorrect: Eliminating the use of cost pools may simplify the allocation process, but it can also result in less accurate cost allocations. Cost pools are used to group similar types of costs together for allocation purposes. Option 3: Incorrect: Increasing the number of allocation rules may distribute costs more evenly, but it may not necessarily improve cost allocation accuracy. The key is to ensure that the cost drivers used in the allocation process accurately reflect the consumption of resources. Option 4: Incorrect: Reducing the granularity of the allocation process may simplify the process, but it can also result in less accurate cost allocations. It is important to have sufficient detail in the allocation process to accurately reflect the consumption of resources.
NEW QUESTION # 275
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to create ad-hoc analyses and visualize data through interactive dashboards?
- A. Financial Reporting Studio
- B. Smart View
- C. Data Management
- D. Oracle Analytics Cloud
Answer: A
Explanation:
Option 1: Incorrect. Financial Reporting Studio is a reporting tool used to design and generate financial reports, but it does not provide ad-hoc analysis or interactive dashboards. Option 2: Correct. Smart View is an Excel add-in that allows users to connect to Oracle Profitability and Cost Management Cloud Service and view, analyze, and report on data. It enables ad-hoc analyses and supports the creation of interactive dashboards. Option 3: Incorrect. Data Management is used for data integration, data import, export, and mapping in Oracle Profitability and Cost Management Cloud Service. It does not support ad-hoc analysis or interactive dashboards. Option 4: Incorrect. Oracle Analytics Cloud is a comprehensive analytics solution that provides a wide range of capabilities, including advanced analytics and machine learning. While it can be integrated with Oracle Profitability and Cost Management Cloud Service, it is not specifically designed for ad-hoc analysis or interactive dashboards.
NEW QUESTION # 276
When loading data into Oracle Profitability and Cost Management Cloud Service, which option allows the user to define the order in which data is loaded?
- A. Use the Data Management interface to load data from flat files
- B. Use the Data Integration feature to load data from external sources
- C. Use a mapping file to load data from staging tables
- D. Use the Load Data Wizard to load data from an Excel file
Answer: C
Explanation:
Option 1: Correct: Using a mapping file to load data from staging tables allows the user to define the order in which data is loaded. This method provides more flexibility and control over the data loading process. Option 2: Incorrect: The Load Data Wizard allows the user to load data from an Excel file, but it does not provide the option to define the order in which data is loaded. The wizard automatically determines the order based on the spreadsheet structure. Option 3: Incorrect: The Data Management interface allows the user to load data from flat files, but it does not provide the option to define the order in which data is loaded. The interface automatically determines the order based on the file structure. Option 4: Incorrect: The Data Integration feature allows the user to load data from external sources, but it does not provide the option to define the order in
NEW QUESTION # 277
Which of the following is a supported way of integrating data with Oracle Profitability and Cost Management Cloud Service?
- A. Using the built-in REST API to expose data from an external system.
- B. Uploading CSV files with data directly into the cloud service.
- C. Sending data through email to a designated email address.
- D. Copying and pasting data from an external application into the cloud service.
Answer: A
Explanation:
Option 1: This option is not a supported way of integrating data with Oracle Profitability and Cost Management Cloud Service. While it is possible to manually load data through the user interface, it is not recommended for large amounts of data. Option 2: This option is a correct answer. Oracle provides a REST API that can be used to integrate data between Oracle Profitability and Cost Management Cloud Service and external systems. This is a secure and efficient way of integrating data. Option 3: This option is not a supported way of integrating data with Oracle Profitability and Cost Management Cloud Service. Email is not a secure or recommended way of transferring sensitive data. Option 4: This option is not a supported way of integrating data with Oracle Profitability and Cost Management Cloud Service. While it is possible to copy and paste data from an external application into the cloud service, it is not recommended for large amounts of data and can introduce errors.
NEW QUESTION # 278
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