VALID 1Z0-1061-24 EXAM PAPERS | PRACTICE 1Z0-1061-24 ONLINE

Valid 1Z0-1061-24 Exam Papers | Practice 1Z0-1061-24 Online

Valid 1Z0-1061-24 Exam Papers | Practice 1Z0-1061-24 Online

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q63-Q68):

NEW QUESTION # 63
What is the purpose of the Overview and Architecture phase of an Oracle Profitability and Cost Management Cloud Service implementation project?

  • A. To configure the system based on requirements
  • B. To design the system architecture and data model
  • C. To gather requirements from stakeholders
  • D. To perform user acceptance testing

Answer: B

Explanation:
Option 1: While requirements gathering is an important activity, it is typically done earlier in the project lifecycle. During the Overview and Architecture phase, the focus is on designing the system architecture and data model. Option 2: This is the correct answer. During the Overview and Architecture phase, the focus is on designing the system architecture and data model. This includes understanding the business requirements, defining a high-level architecture for the system, and designing the structure of the data model. Option 3: Configuration typically happens later in the project lifecycle, during the Build and Test phase. Option 4: User acceptance testing is performed later in the project lifecycle, typically during the Test phase.


NEW QUESTION # 64
When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following statements is true regarding using 'Smart View'?

  • A. Smart View can only be used to create tabular reports and cannot be used to create graphical reports.
  • B. Smart View is no longer supported in Oracle Profitability and Cost Management Cloud Service 2023.
  • C. Smart View is a browser-based ad-hoc analysis tool that can connect to Oracle Profitability and Cost Management Cloud Service for data retrieval.
  • D. Smart View is only available for users with Administrator role.

Answer: C

Explanation:
Option 1: This option is incorrect. Smart View is available for all users and not limited to those with the Administrator role. Option 2: This option is correct. Smart View is a browser-based ad-hoc analysis tool that can connect to Oracle Profitability and Cost Management Cloud Service for data retrieval. It allows users to create reports with a variety of formats, including tabular and graphical. Option 3: This option is incorrect. Smart View is still supported in Oracle Profitability and Cost Management Cloud Service 202 Option 4: This option is incorrect. Smart View can be used to create both tabular and graphical reports.


NEW QUESTION # 65
When creating and managing reports in Oracle Profitability and Cost Management Cloud Service, which feature allows users to generate visualizations and reports using pre-defined templates?

  • A. Smart View
  • B. Reports Explorer
  • C. Data Grids
  • D. Calculations

Answer: B

Explanation:
Option 1: Incorrect. Data Grids in Oracle Profitability and Cost Management Cloud Service are used to input and manage data, not generate visualizations or reports using pre-defined templates. Option 2: Incorrect. Smart View is an Excel-based tool that allows users to access Oracle applications, including Profitability and Cost Management, to query, report, and analyze data. However, it does not provide pre-defined templates for generating visualizations and reports. Option 3: Correct. Reports Explorer in Oracle Profitability and Cost Management Cloud Service allows users to generate visualizations and reports using pre-defined templates. Users can select from a library of report templates and customize them with specific dimensions and measures. Option 4: Incorrect. Calculations in Oracle Profitability and Cost Management Cloud Service are used to perform calculations and allocate costs, but they do not provide pre-defined templates for generating visualizations and reports.


NEW QUESTION # 66
In order to manage profitability in Oracle Profitability and Cost Management Cloud Service, which of the following features allows you to allocate indirect costs to cost objects?

  • A. Allocations Process
  • B. Advanced Cost Calculation
  • C. Data Management
  • D. Allocation Rule

Answer: D

Explanation:
Option 1: Correct. The Advanced Cost Calculation feature in Oracle Profitability and Cost Management Cloud Service allows you to allocate indirect costs to cost objects. It provides flexible and powerful modeling capabilities for cost allocation scenarios. Option 2: Incorrect. The Allocation Rule feature in Oracle Profitability and Cost Management Cloud Service is used to define allocation calculations and criteria, but it does not directly allocate indirect costs to cost objects. Option 3: Incorrect. The Allocations Process feature in Oracle Profitability and Cost Management Cloud Service automates the execution of allocation calculations and processes, but it does not directly allocate indirect costs to cost objects. Option 4: Incorrect. The Data Management feature in Oracle Profitability and Cost Management Cloud Service enables you to import, validate, and map data into profitability and cost management applications, but it does not directly allocate indirect costs to cost objects.


NEW QUESTION # 67
Which of the following is the recommended practice for configuring security in Oracle Profitability and Cost Management Cloud Service?

  • A. Assign the Super User role to all users for unrestricted access.
  • B. Use the predefined roles in the application without any modifications.
  • C. Grant the Administrator role to all users for full control over all artifacts.
  • D. Create custom roles with specific privileges and assign them to users based on their responsibilities.

Answer: D

Explanation:
Option 1: Incorrect. Assigning the Super User role to all users is not recommended as it provides unrestricted access and may lead to security risks. Option 2: Incorrect. Granting the Administrator role to all users is not recommended as it gives full control over all artifacts to every user and may lead to unauthorized changes or data breaches. Option 3: Correct. The recommended practice is to create custom roles with specific privileges and assign them to users based on their responsibilities. This ensures that users have access only to the functionality and data they need to perform their job. Option 4: Incorrect. Using the predefined roles in the application without any modifications may provide too much or too little access to certain functionalities and data, depending on a user's responsibilities.


NEW QUESTION # 68
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