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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q199-Q204):

NEW QUESTION # 199
Which of the following best describes the process of importing metadata in Oracle Profitability and Cost Management Cloud Service?

A. Importing metadata from a flat file
B. Importing metadata from a database table
C. Importing metadata from an external source
D. Importing metadata from an API

Answer: C

Explanation:
Option 1: Incorrect. While importing metadata from a flat file is a valid method in Oracle Profitability and Cost Management Cloud Service, it is not the best option described. Option 2: Incorrect. While importing metadata from a database table is a valid method in Oracle Profitability and Cost Management Cloud Service, it is not the best option described. Option 3: Correct! Importing metadata from an external source is the best option for importing metadata in Oracle Profitability and Cost Management Cloud Service. This allows for seamless integration with other systems and ensures up-to-date and accurate metadata in the application. Option 4: Incorrect. While importing metadata from an API is a valid method in Oracle Profitability and Cost Management Cloud Service, it is not the best option described.

NEW QUESTION # 200
What is the purpose of using Allocations in Oracle Profitability and Cost Management Cloud Service?

A. To summarize data at a higher level in the dimension hierarchy.
B. To calculate the profitability of a product or service.
C. To distribute costs or revenues from a source dimension member to target dimension members based on specified allocation rules.
D. To create calculations that were not defined in the source application.

Answer: C

Explanation:
Option 1: Correct. Allocations are used to distribute costs or revenues from a source dimension member to target dimension members based on specified allocation rules. Option 2: Incorrect. Summarizing data at a higher level in the dimension hierarchy is achieved using Roll-ups, not Allocations. Option 3: Incorrect. Creating calculations that were not defined in the source application is done using Custom Calculations, not Allocations. Option 4: Incorrect. Calculating the profitability of a product or service is achieved using Profitability Rules, not Allocations.

NEW QUESTION # 201
When integrating Oracle Profitability and Cost Management Cloud Service with other applications, which of the following options is recommended for data extraction from source systems?

A. Direct extraction from source systems using SQL queries
B. Extraction using Oracle Financials Cloud APIs
C. Extraction using Oracle E-Business Suite (EBS) interfaces
D. Extraction using Oracle Data Integrator (ODI)

Answer: D

Explanation:
Option 1: Incorrect. Direct extraction from source systems using SQL queries is not recommended as it can be complex, time- consuming, and prone to errors. Option 2: Correct. Extraction using Oracle Data Integrator (ODI) is recommended for data extraction from source systems. ODI provides a robust and efficient way to extract data from various sources, transform it, and load it into Oracle Profitability and Cost Management Cloud Service. Option 3: Incorrect. Extraction using Oracle Financials Cloud APIs is not recommended as it may not provide all the necessary data required for profitability and cost analysis. Option 4: Incorrect. Extraction using Oracle E-Business Suite (EBS) interfaces is not recommended as it may not be suitable for non- Oracle source systems and may not provide all the necessary data required for profitability and cost analysis.

NEW QUESTION # 202
You are customizing the mapping between a lead and an opportunity in order to add custom fields. You copy the standard mapping and add appropriate fields to the new mapping that is created.
However, your changes are not successful. Why?
Response:

A. You need to raise a ticket to My Oracle Support to bounce the server.
B. You must modify the Object Workflow "Copy Lead To Opportunity Map" to refer to your custom mapping.
C. You must set the "MKL_DIRECT_LEAD_TO_OPTY_MAPPING_NAME" profile to the name of your custom mapping.
D. You must modify the Business Process Flow "Copy Lead To Opportunity Map" to refer to your custom mapping.
E. You should have modified the standard mapping itself instead of copying and creating a new one. Only one mapping is allowed.

Answer: B

NEW QUESTION # 203
Which of the following is a key feature of Oracle Profitability and Cost Management Cloud Service 2023?

A. Integration with Oracle Enterprise Performance Management (EPM) Cloud
B. Real-time profitability analysis
C. Ability to create custom financial models
D. Built-in machine learning capabilities

Answer: A

Explanation:
Option 1: Correct: Oracle Profitability and Cost Management Cloud Service 2023 provides integration with Oracle Enterprise Performance Management (EPM) Cloud, allowing for seamless data flow and collaboration between various EPM applications. Option 2: Incorrect: Although Oracle Profitability and Cost Management Cloud Service 2023 may have some advanced capabilities, it does not specifically mention having built-in machine learning capabilities. Option 3: Incorrect: Real-time profitability analysis is not mentioned as a key feature of Oracle Profitability and Cost Management Cloud Service 202 Option 4: Incorrect: While Oracle Profitability and Cost Management Cloud Service 2023 allows for the creation of custom financial models, this is not specifically highlighted as a key feature.

NEW QUESTION # 204
......

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Oracle 1Z0-1061-24 Exam Study Guide, Detailed 1Z0-1061-24 Answers

Pass Guaranteed Oracle - 1Z0-1061-24 - Updated Oracle CX Sales 2024 Implementation Professional Exam Study Guide

Oracle CX Sales 2024 Implementation Professional Sample Questions (Q199-Q204):

1Z0-1061-24 Exam Torrent - Oracle CX Sales 2024 Implementation Professional Prep Torrent & 1Z0-1061-24 Test Guide

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