LATEST ORACLE 1Z0-1061-24 EXAM NOTES - 1Z0-1061-24 NEW DUMPS FREE

Latest Oracle 1Z0-1061-24 Exam Notes - 1Z0-1061-24 New Dumps Free

Latest Oracle 1Z0-1061-24 Exam Notes - 1Z0-1061-24 New Dumps Free

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q274-Q279):

NEW QUESTION # 274
When configuring security in Oracle Profitability and Cost Management Cloud Service, which option allows you to define access to different dimensions based on the user roles and responsibilities?

  • A. Cube security
  • B. Data security
  • C. Member security
  • D. Task security

Answer: B

Explanation:
Option 1: Incorrect. Cube security allows you to define access to cubes and their dimensions, but it does not provide granular control over different dimensions based on user roles and responsibilities. Option 2: Correct. Data security in Oracle Profitability and Cost Management Cloud Service allows you to define access to different dimensions based on the user roles and responsibilities. This allows you to control data visibility and manipulation at a more granular level. Option 3: Incorrect. Member security allows you to define access to specific members within a dimension, but it does not provide granular control over different dimensions based on user roles and responsibilities. Option 4: Incorrect. Task security allows you to define access to specific tasks within the application, but it does not provide granular control over different dimensions based on user roles and responsibilities.


NEW QUESTION # 275
What steps should be taken when integrating Oracle Profitability and Cost Management Cloud Service with other applications?

  • A. Select the optimum method of integration.
  • B. Identify the scope of integration.
  • C. Determine the amount of architecture and design work required.
  • D. Choose the best application to integrate with.

Answer: A

Explanation:
Option 1: This option is incorrect as determining the amount of architecture and design work required should form part of selecting the optimum method of integration. Option 2: This option is incorrect as identifying the scope of integration is part of the preliminary steps to determine the specification of the integration. Option 3: This option is correct as selecting the optimum method of integration is crucial as there are multiple methods that can be used and the best one for the current scenario needs to be chosen. Option 4: This option is incorrect as the selection of the application to integrate with is a sole discretion of the company and should not form part of the basic preliminary steps.


NEW QUESTION # 276
What is the benefit of using the Activity Based Management (ABM) feature in Oracle Profitability and Cost Management Cloud Service?

  • A. It allows you to allocate costs based on pre-defined cost drivers.
  • B. It enables you to perform what-if analyses to identify improvement opportunities.
  • C. It provides real-time analysis of your profitability and cost information.
  • D. It automatically calculates the cost of product lines.

Answer: C

Explanation:
Option 1: Incorrect. The Activity Based Management (ABM) feature in Oracle Profitability and Cost Management Cloud Service does not allocate costs based on pre-defined cost drivers. It is not a feature of ABM. Option 2: Correct. The Activity Based Management (ABM) feature in Oracle Profitability and Cost Management Cloud Service provides real-time analysis of your profitability and cost information. This allows you to make data-driven decisions and identify cost reduction opportunities. Option 3: Incorrect. The Activity Based Management (ABM) feature in Oracle Profitability and Cost Management Cloud Service does not automatically calculate the cost of product lines. It provides analysis and insights, but you need to define the cost drivers and activities. Option 4: Incorrect. The Activity Based Management (ABM) feature in Oracle Profitability and Cost Management Cloud Service does enable you to perform what-if analyses to identify improvement opportunities. However, real- time analysis of profitability and cost information is the primary benefit of ABM.


NEW QUESTION # 277
You have created your product group hierarchy, either directly in the UI or through filebased import. Now you want to publish, enable, and validate it.
Which three statements are correct?
(Choose three.)
Response:

  • A. When you publish, the application will attempt to publish all product groups that are unlocked. If you don't want some groups to be published, then you must lock them.
  • B. Enable the catalog by assigning the root node to the "Base" usage.
  • C. After you publish your product groups, if they are not published properly, you can delete them and republish.
  • D. Validate that the catalog appears in the consuming applications.
  • E. You must publish the root node of the hierarchy in order for it to be available in the Manage Product Group Usage.

Answer: B,C,E


NEW QUESTION # 278
When setting up models and rules in Oracle Profitability and Cost Management Cloud Service, which statement is true about allocation rules?

  • A. Allocation rules can only be applied to children of a specified dimension.
  • B. Allocation rules determine how costs are allocated to different objects in the model.
  • C. Allocation rules can only be used for allocation of revenue, not costs.
  • D. Allocation rules are optional and not necessary for the calculation process.

Answer: B

Explanation:
Option 1: Correct. Allocation rules are used to determine how costs are allocated to different objects in the model. They define the logic and calculations required to distribute costs appropriately. Option 2: Incorrect. Allocation rules are not optional and are necessary for the calculation process. They play a crucial role in determining how costs are distributed within the model. Option 3: Incorrect. Allocation rules can be applied to both revenue and costs. They are flexible and can be used to allocate any type of financial data within the model. Option 4: Incorrect. Allocation rules can be applied to any level of a dimension, including children of a specified dimension. They provide flexibility in distributing costs based on various criteria.


NEW QUESTION # 279
......

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