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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q328-Q333):

NEW QUESTION # 328
Which feature allows Oracle Profitability and Cost Management Cloud Service to integrate seamlessly with other applications?

A. Web services
B. Financial Consolidation and Close Cloud
C. Data visualization
D. Narrative Reporting

Answer: A

Explanation:
Option 1: Correct. Oracle Profitability and Cost Management Cloud Service provides a robust set of web services that allow seamless integration with other applications. These web services enable data exchange, automation of tasks, and integration with external systems. Option 2: Incorrect. Data visualization is not a feature that enables integration with other applications in Oracle Profitability and Cost Management Cloud Service. Data visualization focuses on presenting data in a visual format for easier interpretation and analysis. Option 3: Incorrect. Financial Consolidation and Close Cloud is a separate Oracle Cloud service that focuses on financial consolidation and close processes. It does not directly enable integration with other applications. Option 4: Incorrect. Narrative Reporting is a separate Oracle Cloud service that allows users to create, manage, and distribute narrative reports. It does not provide direct integration capabilities with other applications.

NEW QUESTION # 329
Which of the following statements accurately describes the functionality of data loads in Oracle Profitability and Cost Management Cloud Service?

A. Data loads allow you to bring data into the target application for further analysis and reporting.
B. Data loads require the use of external tools and cannot be performed through the user interface.
C. Data loads are limited to a maximum of 1 million rows
D. Data loads can only be performed manually and cannot be scheduled to run automatically.

Answer: A

Explanation:
Option 1: This option is correct because data loads in Oracle Profitability and Cost Management Cloud Service allow you to bring data from source systems into the target application for further analysis and reporting. Option 2: This option is incorrect because you can schedule data loads to run automatically in Oracle Profitability and Cost Management Cloud Service using the 'Import and Data Management' interface or through Calculation Manager. Option 3: This option is incorrect because there is no predetermined limit to the number of rows that can be loaded into Oracle Profitability and Cost Management Cloud Service. Option 4: This option is incorrect because data loads can be performed natively through the user interface, as well as through external tools such as EPM Automate and REST APIs.

NEW QUESTION # 330
What is the correct method to integrate data from external systems into Oracle Profitability and Cost Management Cloud Service?

A. Using the Smart Data Integration feature
B. Using the Data Import Wizard
C. Using the Data Integration Platform Cloud service
D. Using the External Data Source feature

Answer: D

Explanation:
Option 1: Correct. The Data Import Wizard is the recommended method to integrate data from external systems into Oracle Profitability and Cost Management Cloud Service. It allows you to easily import data in various formats such as CSV, Excel, and text. Option 2: Incorrect. The External Data Source feature in Oracle Profitability and Cost Management Cloud Service is used to define connections to external data sources, but it does not directly integrate data from those sources. Option 3: Incorrect. The Smart Data Integration feature in Oracle Profitability and Cost Management Cloud Service is used for real-time data integration and replication, not for initial data import from external systems. Option 4: Incorrect. The Data Integration Platform Cloud service is a separate service that provides comprehensive data integration capabilities, but it is not specifically designed for integrating data into Oracle Profitability and Cost Management Cloud Service.

NEW QUESTION # 331
Which of the following is a best practice when setting up models and rules in Oracle Profitability and Cost Management Cloud Service?

A. Using dynamic formulas to calculate allocations
B. Setting dynamic variables at an organizational level
C. Using exported data to perform complex calculations
D. Defining attributes for increased granularity

Answer: D

Explanation:
Option 1: Incorrect. Using dynamic formulas can increase maintenance efforts and impact performance. Option 2: Correct. Defining attributes allows for more precise modeling and reporting. Option 3: Incorrect. Setting dynamic variables at an organizational level can limit flexibility. Option 4: Incorrect. Using exported data for calculations can introduce data integrity risks and maintenance challenges.

NEW QUESTION # 332
Which of the following is a best practice for creating dimensions in Oracle's Profitability and Cost Management Cloud Service?

A. Always prefix account member names with an account code or abbreviation.
B. Always use the 'Global' dimension type to facilitate organization-wide dimension access.
C. Never use formulae when defining dimension member names.
D. Create a separate dimension for each account when dealing with multidimensional data.

Answer: A

Explanation:
Option 1: This option is incorrect because using the 'Global' dimension type may grant access and modification privileges to all users and impact overall performance. Option 2: This option is incorrect because formulae are required in certain situations, such as when defining multi-level hierarchies or custom calculations. Option 3: This option is incorrect because creating a separate dimension for each account in multidimensional data may lead to unnecessarily cumbersome models and impede scalability. Option 4: This option is correct. Prefixing account member names with an account code or abbreviation can enhance clarity, facilitate sorting, filtering, and searching operations, and help prevent naming collisions.

NEW QUESTION # 333
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