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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q174-Q179):
NEW QUESTION # 174
In Oracle Profitability and Cost Management Cloud Service, which of the following statements is true about the 'Combine Categories' option while creating and managing reports?
- A. Combine Categories' is used to merge multiple categories into a single category in a report.
- B. 'Combine Categories' is used to calculate the total of all categories in a report.
- C. Combine Categories' is used to combine multiple scenarios and generate a single report.
- D. Combine Categories' is used to group items with the same dimension values across multiple categories in a report.
Answer: C
Explanation:
Option 1: This option is correct because the 'Combine Categories' option is used to group items with the same dimension values across multiple categories in the report. This is helpful when users want to view data from multiple categories at once. Option 2: This option is incorrect because combining multiple scenarios is achieved using the 'Combine Scenarios' option while creating reports. Option 3: This option is incorrect because merging multiple categories into a single category can be done using the 'Combine Categories' option in a report, but it is only effective when all the merged categories have the same dimension values. Option 4: This option is incorrect because the 'Combine Categories' option does not calculate the total of all categories in a report. It only groups items with the same dimension values across multiple categories.
NEW QUESTION # 175
Which of the following statements accurately describes the architecture of Oracle Profitability and Cost Management Cloud Service (PCMCS)?
- A. PCMCS is a standalone application that offers built-in data integration capabilities.
- B. PCMCS is an on-premises application that requires a separate data integration tool.
- C. PCMCS is a cloud-based application that offers built-in data integration capabilities.
- D. PCMCS is a cloud-based application that offers built-in data integration capabilities.
Answer: C
Explanation:
Option 1: Incorrect. PCMCS is not a standalone application; it is a cloud-based application that relies on other Oracle Cloud services for data integration. Option 2: Incorrect. PCMCS is not an on-premises application; it is a cloud-based application. Option 3: Incorrect. PCMCS is not a cloud-based application that relies on external data integration tools; it offers built-in data integration capabilities. Option 4: Correct. PCMCS is a cloud-based application that offers built-in data integration capabilities. It can directly extract and load data from various source systems, including Oracle ERP Cloud, Oracle Essbase, and Oracle Planning and Budgeting Cloud Service (PBCS). This architecture enables PCMCS to provide seamless integration and real-time data processing.
NEW QUESTION # 176
When designing the architecture for a Profitability and Cost Management (PCM) Cloud Service implementation, which of the following is a best practice?
- A. Design the application with multiple separate applications to handle different business units.
- B. Design the application with a denormalized structure to improve performance.
- C. Design the application with a flat structure and use calculations and hierarchies to handle complex logic.
- D. Design the application with a highly normalized structure to ensure data integrity.
Answer: C
Explanation:
Option 1: Correct answer. Designing the application with a flat structure and using calculations and hierarchies to handle complex logic is a best practice in PCM implementation. This allows for flexibility and ease of maintenance. Option 2: Incorrect answer. Designing the application with a highly normalized structure can cause complexity and difficulty in maintaining the application. It is not a best practice in PCM implementation. Option 3: Incorrect answer. Designing the application with a denormalized structure may improve performance, but it can also lead to data redundancy and inconsistency. It is not a best practice in PCM implementation. Option 4: Incorrect answer. Designing the application with multiple separate applications increases complexity and can result in difficulties in consolidating data and generating accurate reports. It is not a best practice in PCM implementation.
NEW QUESTION # 177
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to create ad-hoc analyses and visualize data through interactive dashboards?
- A. Oracle Analytics Cloud
- B. Smart View
- C. Data Management
- D. Financial Reporting Studio
Answer: D
Explanation:
Option 1: Incorrect. Financial Reporting Studio is a reporting tool used to design and generate financial reports, but it does not provide ad-hoc analysis or interactive dashboards. Option 2: Correct. Smart View is an Excel add-in that allows users to connect to Oracle Profitability and Cost Management Cloud Service and view, analyze, and report on data. It enables ad-hoc analyses and supports the creation of interactive dashboards. Option 3: Incorrect. Data Management is used for data integration, data import, export, and mapping in Oracle Profitability and Cost Management Cloud Service. It does not support ad-hoc analysis or interactive dashboards. Option 4: Incorrect. Oracle Analytics Cloud is a comprehensive analytics solution that provides a wide range of capabilities, including advanced analytics and machine learning. While it can be integrated with Oracle Profitability and Cost Management Cloud Service, it is not specifically designed for ad-hoc analysis or interactive dashboards.
NEW QUESTION # 178
When creating applications and dimensions in Oracle Profitability and Cost Management Cloud Service, which feature allows you to define different hierarchies within a dimension based on different attributes?
- A. Smart Formulas
- B. Dynamic Variables
- C. Model Balancing
- D. Attribute-Based Dimension
Answer: D
Explanation:
Option 1: Correct. The Attribute-Based Dimension feature in Oracle Profitability and Cost Management Cloud Service allows you to define different hierarchies within a dimension based on different attributes. This enables you to have multiple views of the same dimension, each tailored to a specific attribute. Option 2: Incorrect. Smart Formulas are not directly related to defining different hierarchies within dimensions. Smart Formulas are used for creating complex calculations and business rules in the application. Option 3: Incorrect. Dynamic Variables are not directly related to defining different hierarchies within dimensions. Dynamic Variables are used to create reusable calculations that can be applied to multiple dimensions. Option 4: Incorrect. Model Balancing is not directly related to defining different hierarchies within dimensions. Model Balancing is used to ensure that the data in your model remains balanced, with debits and credits matching.
NEW QUESTION # 179
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