Valid 1Z0-1061-24 Exam Answers - 100% Pass 2025 1Z0-1061-24: Oracle CX Sales 2024 Implementation Professional First-grade Dumps Vce

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2025 Pass-Sure Valid 1Z0-1061-24 Exam Answers | 100% Free Dumps Oracle CX Sales 2024 Implementation Professional Vce

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q70-Q75):

NEW QUESTION # 70
Which of the following statements is true about creating applications and dimensions in Oracle Profitability and Cost Management Cloud Service 2023?

A. The dimensions created in an application are automatically available in all other applications in the environment.
B. Applications and dimensions can only be created using the web interface.
C. Custom dimensions can be created based on predefined templates provided by the system.
D. Each application can have multiple dimensions with the same name

Answer: C

Explanation:
Option 1: Incorrect. Applications and dimensions can be created both using the web interface and using the Oracle Smart View for Office add-in. Option 2: Incorrect. The dimensions created in an application are not automatically available in other applications. Option 3: Correct. Custom dimensions can be created based on predefined templates provided by the system. These templates include standard dimensions such as account, product, and organization, and users can also create custom dimensions to meet specific requirements. Option 4: Incorrect. Each application can have multiple dimensions, but each dimension must have a unique name within the application.

NEW QUESTION # 71
Which of the following statements about loading data into Oracle Profitability and Cost Management Cloud Service is correct?

A. Data can be loaded into Oracle Profitability and Cost Management Cloud Service using Data Management and Data Load Rules
B. Data can only be loaded into Oracle Profitability and Cost Management Cloud Service using Data Management
C. Data can be loaded into Oracle Profitability and Cost Management Cloud Service using Data Management, Data Load Rules, and Business Rules
D. Data can be loaded into Oracle Profitability and Cost Management Cloud Service using Data Management, Data Load Rules, Business Rules, and Data Integrations

Answer: D

Explanation:
Option 1: Incorrect. While Data Management can be used to load data into Oracle Profitability and Cost Management Cloud Service, it is not the only method available. Option 2: Incorrect. While Data Management and Data Load Rules can be used to load data into Oracle Profitability and Cost Management Cloud Service, there are other methods available as well. Option 3: Incorrect. While Data Management, Data Load Rules, and Business Rules can be used to load data into Oracle Profitability and Cost Management Cloud Service, there is another method available as well. Option 4: Correct. Data can be loaded into Oracle

NEW QUESTION # 72
In Oracle Profitability and Cost Management Cloud Service (PCMCS), what is the purpose of the 'Centralized Data Store'?

A. It is a tool that allows you to perform what-if scenario analysis.
B. It is a feature that enables you to define metadata and hierarchies for your application.
C. It is a module that allows you to import and validate data from various sources.
D. It is a repository of data from different sources that can be used for reporting and analysis.

Answer: D

Explanation:
Option 1: The correct answer is The 'Centralized Data Store' in PCMCS is a repository of data from different sources that can be used for reporting and analysis. It allows you to bring together data from various systems, such as your General Ledger, to create a single source of truth for profitability analysis. Option 2: The answer This is incorrect because the import and validation of data is typically done through the Data Integration feature, not the Centralized Data Store. Option 3: The answer This is incorrect because the metadata and hierarchy definitions are typically managed through the Dimension Maintenance feature, not the Centralized Data Store. Option 4: The answer This is incorrect because what-if scenario analysis is typically done through the Scenario Modeling feature, not the Centralized Data Store.

NEW QUESTION # 73
Which configuration option in Oracle Profitability and Cost Management Cloud Service allows administrators to set a custom home page for specific groups of users?

A. Security rules
B. User creation
C. Navigation menus
D. User groups

Answer: B

Explanation:
Option 1: This option is incorrect because user creation only allows administrators to create and delete users. It does not allow for customization of home pages. Option 2: This option is incorrect because security rules only allow administrators to define access levels for different groups of users. It does not allow for customization of home pages. Option 3: This option is correct. User groups allow administrators to set a custom home page for specific groups of users. This allows for a tailored user experience based on user roles and permissions. Option 4: This option is incorrect because navigation menus only allow administrators to add or remove menu options from the left-hand sidebar. It does not allow for customization of home pages.

NEW QUESTION # 74
Which of the following is a best practice for managing profitability in Oracle Profitability and Cost Management Cloud Service?

A. Use standard costing to calculate the cost of products or services.
B. Ignore the impact of indirect expenses on profitability analysis.
C. Use top-down allocations to allocate costs from a central profit center to other profit centers.
D. Only allocate costs to profit centers that directly contribute to revenue generation

Answer: C

Explanation:
Option 1: Correct. Using top-down allocations to allocate costs from a central profit center to other profit centers is a best practice in managing profitability. This allows for a more accurate allocation of costs and a better understanding of the overall profitability of each profit center. Option 2: Incorrect. Allocating costs only to profit centers that directly contribute to revenue generation may lead to inaccurate profitability analysis. It is important to consider all costs, including indirect expenses, when calculating profitability. Option 3: Incorrect. While standard costing is a best practice for calculating the cost of products or services, it is not directly related to managing profitability in Oracle Profitability and Cost Management Cloud Service. Option 4: Incorrect. Ignoring the impact of indirect expenses on profitability analysis can lead to inaccurate results. It is important to consider all expenses, including indirect expenses, when analyzing profitability.

NEW QUESTION # 75
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