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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q261-Q266):

NEW QUESTION # 261
Which steps are required to set up a model in Oracle Profitability and Cost Management Cloud Service?

A. Define dimensions and hierarchies
B. Create rules and calculations
C. Assign security access levels
D. Import data from external sources

Answer: A

Explanation:
Option 1: Correct: The first step in setting up a model in Oracle Profitability and Cost Management Cloud Service is to define the dimensions and hierarchies. This involves identifying the various dimensions that are relevant to the business and setting up their hierarchies. Option 2: Incorrect: Creating rules and calculations is an important step in setting up a model in Oracle Profitability and Cost Management Cloud Service, but it is not the first step. The first step is to define dimensions and hierarchies. Option 3: Incorrect: Importing data from external sources is an important step in setting up a model in Oracle Profitability and Cost Management Cloud Service, but it is not the first step. The first step is to define dimensions and hierarchies. Option 4: Incorrect: Assigning security access levels is an important step in setting up a model in Oracle Profitability and Cost Management Cloud Service, but it is not the first step. The first step is to define dimensions and hierarchies.

NEW QUESTION # 262
When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following features can be used to create conditional formatting?

A. Dynamic calculations
B. Cell styles
C. Business rules
D. Custom metrics

Answer: B

Explanation:
Option 1: Incorrect. Dynamic calculations are used to perform calculations based on the hierarchy structure of the data and cannot be used to create conditional formatting. Option 2: Incorrect. Business rules are used to perform calculations and allocations, but they cannot be used to create conditional formatting. Option 3: Incorrect. Custom metrics are used to define calculations and aggregations, but they cannot be used to create conditional formatting. Option 4: Correct. Cell styles can be used to define rules that determine how cells are formatted based on specific conditions, such as cell values or data ranges.

NEW QUESTION # 263
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to create reports based on dimensions and calculations?

A. Smart View
B. Data Management
C. Financial Reporting
D. Report Packages

Answer: C

Explanation:
Option 1: Incorrect. Data Management is used for data integration and consolidation, not for creating reports. Option 2: Correct. Financial Reporting is a feature of Oracle Profitability and Cost Management Cloud Service that allows users to create reports based on dimensions and calculations. Option 3: Incorrect. Smart View is used as a Microsoft Office integration tool and for ad hoc analysis, but not specifically for creating reports. Option 4: Incorrect. Report Packages are used for managing and distributing reports, not for creating them.

NEW QUESTION # 264
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. Manually creating a parent-child hierarchy in dimension editor from the imported flat file format
B. Creating a hierarchy file in the PBCS format and importing to the dimension editor
C. Creating a parent-child hierarchy in PBCS as part of importing the data from source systems
D. Creating a parent-child hierarchy in the source system, then importing to PBCS as a flat file format

Answer: B

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 # 265
When loading data into Oracle Profitability and Cost Management Cloud Service, which of the following statements is correct regarding the 'Auto-Match Measures' option?

A. Auto-Match Measures is a feature that automatically creates new measures in the Target Application if no match can be found based on the source file data during data loading, but it does not support the use of aliases in the source file.
B. Auto-Match Measures is a feature that automatically matches measures from the source file with existing Target Application measures during data loading, and it can be used with both CSV and Excel files.
C. Auto-Match Measures is a feature that allows for the mapping of measures from the source file to existing Target Application measures during data loading, but it requires that the measure names in the source file match exactly with the measure names in the Target Application.
D. Auto-Match Measures is a feature that automatically matches measures from the source file with existing Target Application measures during data loading, but it can only be used with CSV files.

Answer: B

Explanation:
Option 1: This option is incorrect because Auto-Match Measures can be used with both CSV and Excel files. Option 2: This option is incorrect because Auto-Match Measures does support the use of aliases in the source file. Option 3: This option is incorrect because Auto-Match Measures allows for partial matching of measure names and also has the option to create new measures if no match can be found. Option 4: This option is correct because it accurately describes the Auto-Match Measures feature and its capabilities.

NEW QUESTION # 266
......

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Oracle - High Hit-Rate 1Z0-1061-24 - Valid Oracle CX Sales 2024 Implementation Professional Test Simulator

Oracle CX Sales 2024 Implementation Professional Sample Questions (Q261-Q266):

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