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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q122-Q127):

NEW QUESTION # 122
When setting up models and rules in Oracle Profitability and Cost Management Cloud Service, which feature allows you to customize the calculation of allocations to meet specific business needs?

A. Business rules
B. Groovy scripts
C. Data map
D. Scenario

Answer: A

Explanation:
Option 1: Incorrect. While Groovy scripts can offer a high level of customization, they are more commonly used for complex calculations rather than allocation rules. Option 2: Correct. Business rules in Oracle Profitability and Cost Management Cloud Service can be used to customize the calculation of allocations, allowing you to meet specific business needs. Option 3: Incorrect. The data map feature in Oracle Profitability and Cost Management Cloud Service is used to define the structure and boundaries of the data that is loaded into the application, and does not directly affect the calculation of allocations. Option 4: Incorrect. Scenarios in Oracle Profitability and Cost Management Cloud Service are used to define different sets of assumptions or planning scenarios, and do not directly affect the calculation of allocations.

NEW QUESTION # 123
Which type of report provides a high-level summary of the overall profit and cost analysis for a specific time period?

A. Costing report
B. Profitability report
C. Drill-through report
D. Variance report

Answer: B

Explanation:
Option 1: Correct. A profitability report provides a high-level summary of the overall profit and cost analysis for a specific time period. It includes metrics such as revenue, expenses, and profit. Option 2: Incorrect. A variance report focuses on analyzing the differences between planned and actual costs, revenues, and profitability. It does not provide a high-level summary of the overall profit and cost analysis. Option 3: Incorrect. A costing report focuses on analyzing the costs associated with specific activities, products, or services. It does not provide a high-level summary of the overall profit and cost analysis. Option 4: Incorrect. A drill-through report allows users to navigate from summary information to detailed transactional data. It does not provide a high-level summary of the overall profit and cost analysis.

NEW QUESTION # 124
When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following is a valid way to filter data?

A. Applying a filter to an individual column in the report
B. Using a filter SQL statement in the report
C. Filtering data by a custom calculation in the report
D. Using a filter date range in the report

Answer: A

Explanation:
Option 1: This option is correct because applying a filter to an individual column in the report is a valid way to filter data. Option 2: This option is incorrect because using a filter SQL statement in the report is not a valid way to filter data. SQL Statements should not be used within reports in Oracle PCMCS, rather they should be used as the data sources for those reports. Option 3: This option is incorrect because filtering data by a custom calculation in the report is not a valid way to filter data. Custom calculations should be used to add new columns, rows or values to an existing report, not for filtering data. Option 4: This option is incorrect because using a filter date range in the report is not a valid way to filter data. Date ranges should be used as time filters and not as regular data filters. Date range filter are used for associating time periods with specific data rows. For Example: Sales for 202.

NEW QUESTION # 125
When setting up models and rules in Oracle Profitability and Cost Management Cloud Service 2023, what is the recommended approach for defining allocation rules?

A. Writing custom scripts in SQL to define allocation rules and deploying them to the model
B. Using pre-built templates provided by Oracle to define allocation rules
C. Using the simplified user interface to create allocation rules and assign them directly to the model
D. Utilizing the smart allocation feature to automatically generate allocation rules based on predefined parameters

Answer: B

Explanation:
Option 1: Incorrect. Using the simplified user interface may not provide the flexibility and customization needed to define complex allocation rules. Option 2: Incorrect. While writing custom scripts in SQL can be powerful and flexible, it may require specialized skills and additional maintenance. Option 3: Correct. Using pre-built templates provided by Oracle can streamline the allocation rule definition process and ensure adherence to best practices. Option 4: Incorrect. The smart allocation feature does not exist in Oracle Profitability and Cost Management Cloud Service 202.

NEW QUESTION # 126
When running an allocation in Oracle Profitability and Cost Management Cloud Service, which of the following options will allow for greater control over the allocation process?

A. Using method 'Spread data from one or more dimensions to one or more dimensions' with dynamic member selections
B. Using method 'Spread data from one or more members to one or more members'
C. Using method 'Spread data from one or more dimensions to one or more dimensions' with static member selections
D. Using method 'Spread data from one or more cells to one or more dimensions'

Answer: A

Explanation:
Option 1: This option is incorrect because using static member selections will not allow for dynamic changes to the allocation and does not provide flexibility for future changes to dimension members. Option 2: This option is correct because using dynamic member selection allows for greater control and flexibility over the allocation process, enabling end-users to dynamically select a set of dimension members for allocation and modifying these selections as needed. This method is the most common practice and is recommended for allocation processes that require maximum user flexibility and dynamic control. Option 3: This option is incorrect because using the 'Spread data from one or more members to one or more members' is generally less flexible than other methods because dimension members are pre-specified. Option 4: This option is incorrect because using the 'Spread data from one or more cells to one or more dimensions' is generally limited in its flexibility and control as it requires data to be loaded from pre-defined cells rather than dynamically selecting a set of dimension members.

NEW QUESTION # 127
......

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