QUIZ 2025 ORACLE 1Z0-1061-24: ORACLE CX SALES 2024 IMPLEMENTATION PROFESSIONAL–HIGH-QUALITY LATEST TEST CRAM

Quiz 2025 Oracle 1Z0-1061-24: Oracle CX Sales 2024 Implementation Professional–High-quality Latest Test Cram

Quiz 2025 Oracle 1Z0-1061-24: Oracle CX Sales 2024 Implementation Professional–High-quality Latest Test Cram

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q55-Q60):

NEW QUESTION # 55
When designing the architecture for a Profitability and Cost Management (PCM) Cloud Service implementation, which of the following is a best practice?

  • A. Design the application with a denormalized structure to improve performance.
  • B. Design the application with a flat structure and use calculations and hierarchies to handle complex logic.
  • C. Design the application with multiple separate applications to handle different business units.
  • D. Design the application with a highly normalized structure to ensure data integrity.

Answer: B

Explanation:
Option 1: Correct answer. Designing the application with a flat structure and using calculations and hierarchies to handle complex logic is a best practice in PCM implementation. This allows for flexibility and ease of maintenance. Option 2: Incorrect answer. Designing the application with a highly normalized structure can cause complexity and difficulty in maintaining the application. It is not a best practice in PCM implementation. Option 3: Incorrect answer. Designing the application with a denormalized structure may improve performance, but it can also lead to data redundancy and inconsistency. It is not a best practice in PCM implementation. Option 4: Incorrect answer. Designing the application with multiple separate applications increases complexity and can result in difficulties in consolidating data and generating accurate reports. It is not a best practice in PCM implementation.


NEW QUESTION # 56
Which of the following options describes the relationship between data load and allocation in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional?

  • A. Allocation must always be run before loading data
  • B. Allocation can be run before or after data load but must not be run while data is being loaded D. Data load must always be run before allocation
  • C. Data load and allocation can be done concurrently without any issue

Answer:

Explanation:
Option 1: Data load must always be run before allocation because it is the process of preparing the source data for allocation ensuring that all data is available and properly consolidated. Once data is loaded it can then be allocated. Option 2: Data load and allocation cannot be done concurrently because loading data may impact the allocation performance and results. Option 3: While it is possible to run allocation before or after loading data, it is recommended that data loading should be done first in order to have the most up-to-date data available for allocation. Running allocation while loading data is not supported Option 4: This is the correct answer. Data load must always be run before allocation to ensure that all relevant data is available for allocation. This includes checking for completeness, reconciling inter-company data, aggregating transactional data, and aligning hierarchies.


NEW QUESTION # 57
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to define and maintain hierarchies and dimensions?

  • A. Scenario Modeling
  • B. Rules
  • C. Dimensions, Views, and Relationships
  • D. Import Data

Answer: C

Explanation:
Option 1: Import Data is not a feature that allows users to define and maintain hierarchies and dimensions. It is used to load data into the application. Option 2: Scenario Modeling is not a feature that allows users to define and maintain hierarchies and dimensions. It is used for performing what-if analysis and scenario testing. Option 3: Rules is not a feature that allows users to define and maintain hierarchies and dimensions. It is used for defining calculations and allocations. Option 4: Dimensions, Views, and Relationships is the correct answer because it allows users to define and maintain hierarchies and dimensions in Oracle Profitability and Cost Management Cloud Service. Users can create and manage dimensions, views, and relationships for organizing and analyzing data in a structured manner.


NEW QUESTION # 58
ABC Company wants to analyze the profitability of its products by region. Which feature of Oracle Profitability and Cost Management Cloud Service should they use?

  • A. Revenue recognition
  • B. Activity-based costing
  • C. Profitability modeling
  • D. Cost allocation

Answer: C

Explanation:
Option 1: Incorrect. Activity-based costing is a method used to assign costs to activities and then to products based on their consumption of those activities. It is not specifically designed for analyzing profitability by region. Option 2: Correct. Profitability modeling is a feature of Oracle Profitability and Cost Management Cloud Service that allows companies to analyze and model profitability by various dimensions, including region. This feature helps ABC Company to analyze the profitability of its products by region. Option 3: Incorrect. Cost allocation is a feature used to allocate costs to specific objects or activities, but it is not focused on analyzing profitability by region. Option 4: Incorrect. Revenue recognition is a feature related to accounting and recognizing revenue, but it is not specifically designed for analyzing profitability by region.


NEW QUESTION # 59
What is the purpose of using allocation rules in Oracle Profitability and Cost Management Cloud Service?

  • A. To provide user access control for the data input and reports in the application.
  • B. To define the calculation steps for dimension members in order to generate accurate costing and profitability information.
  • C. To distribute costs and revenues among different sections of an organization based on certain criteria.
  • D. To automate the creation of journals and accounting entries based on predefined criteria.

Answer: C

Explanation:
Option 1: This answer is correct because allocation rules allow for the distribution of costs and revenues to different sections of an organization based on specific criteria, such as department, product, or customer. Option 2: This answer is incorrect because user access control is managed through security rules, not allocation rules. Option 3: This answer is incorrect because the automation of journals and accounting entries is managed through calculation scripts, not allocation rules. Option 4: This answer is incorrect because the definition of calculation steps for dimension members is managed through rules and calculation scripts, not allocation rules.


NEW QUESTION # 60
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