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100% Pass Professional Oracle - 1Z0-1061-24 - Oracle CX Sales 2024 Implementation Professional Frequent Updates

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q307-Q312):

NEW QUESTION # 307
When integrating Oracle Profitability and Cost Management Cloud Service with other applications, what feature must be used to import and export data from the application?

A. Data Integration
B. Cloud Integration
C. Process Integration
D. Enterprise Integration

Answer: A

Explanation:
Option 1: Data Integration is the correct answer. Oracle Profitability and Cost Management Cloud Service provides data integration feature using which the data can be easily imported and exported from the application. This feature can be used to import data into the application and to export data out of the application, which makes it easier to integrate with other applications. Option 2: Process Integration is an incorrect answer. Although Process Integration is a useful feature in Oracle Cloud, it is not used to import or export data from Oracle Profitability and Cost Management Cloud Service. Option 3: Cloud Integration is an incorrect answer. Although Cloud Integration is a useful feature in Oracle Cloud, it is not used to import or export data from Oracle Profitability and Cost Management Cloud Service. Option 4: Enterprise Integration is an incorrect answer. Although Enterprise Integration is a useful feature in Oracle Cloud, it is not used to import or export data from Oracle Profitability and Cost Management Cloud Service, and apply them to users via the Security Console.

NEW QUESTION # 308
When loading data into Oracle Profitability and Cost Management Cloud Service, which option allows the user to define the order in which data is loaded?

A. Use the Load Data Wizard to load data from an Excel file
B. Use the Data Management interface to load data from flat files
C. Use a mapping file to load data from staging tables
D. Use the Data Integration feature to load data from external sources

Answer: C

Explanation:
Option 1: Correct: Using a mapping file to load data from staging tables allows the user to define the order in which data is loaded. This method provides more flexibility and control over the data loading process. Option 2: Incorrect: The Load Data Wizard allows the user to load data from an Excel file, but it does not provide the option to define the order in which data is loaded. The wizard automatically determines the order based on the spreadsheet structure. Option 3: Incorrect: The Data Management interface allows the user to load data from flat files, but it does not provide the option to define the order in which data is loaded. The interface automatically determines the order based on the file structure. Option 4: Incorrect: The Data Integration feature allows the user to load data from external sources, but it does not provide the option to define the order in

NEW QUESTION # 309
Which of the following is a best practice for managing profitability in Oracle Profitability and Cost Management Cloud Service?

A. Focusing only on high-level profitability metrics
B. Using historical data only to make profitability decisions
C. Ignoring cost drivers and focusing only on revenue drivers
D. Performing ongoing analysis of costs and revenues

Answer: D

Explanation:
Option 1: Correct. Performing ongoing analysis of costs and revenues is a best practice for managing profitability. By continuously analyzing costs and revenues, organizations can identify areas of inefficiency or opportunity for improvement. Option 2: Incorrect. Using historical data only to make profitability decisions is not a best practice. While historical data can provide insights, it should be supplemented with ongoing analysis of current costs and revenues. Option 3: Incorrect. Focusing only on high-level profitability metrics is not a best practice. It is important to analyze profitability at a detailed level to understand the drivers of profitability. Option 4: Incorrect. Ignoring cost drivers and focusing only on revenue drivers is not a best practice. Both cost drivers and revenue drivers are important factors to consider when managing profitability.

NEW QUESTION # 310
When configuring security settings in Oracle Profitability and Cost Management Cloud Service 2023, which of the following options is the most secure and recommended approach?

A. Granting all users the Administrator role for full access to all features and functions.
B. Disabling SSL encryption to improve performance and reduce overhead.
C. Sharing the same username and password across all user accounts for simplicity.
D. Creating custom roles with granular privileges based on user responsibilities.

Answer: D

Explanation:
Option 1: Incorrect. Granting all users the Administrator role would give them unrestricted access to all features and functions, which can lead to potential security risks and unauthorized actions. Option 2: Correct. Creating custom roles with granular privileges based on user responsibilities is the most secure and recommended approach. It allows for fine-grained control over what each user can access and modify. Option 3: Incorrect. Sharing the same username and password across all user accounts is a poor security practice. If one account is compromised, all the accounts would be at risk. Option 4: Incorrect. Disabling SSL encryption would make data transmission insecure, exposing sensitive information to potential attackers.

NEW QUESTION # 311
Which feature in Oracle Profitability and Cost Management Cloud Service allows users to define cost drivers and calculate costs based on specific allocation rules?

A. Financial Consolidation and Close
B. Driver-Based Profitability
C. Workforce Planning
D. Cost Accounting

Answer: B

Explanation:
Option 1: Incorrect. Cost Accounting in Oracle Profitability and Cost Management Cloud Service focuses on tracking costs and analyzing profitability. It does not allow users to define cost drivers and calculate costs based on specific allocation rules. Option 2: Incorrect. Workforce Planning in Oracle Profitability and Cost Management Cloud Service is used for planning and managing workforce-related expenses, such as headcount and compensation. It does not allow users to define cost drivers and calculate costs based on specific allocation rules. Option 3: Correct. Driver-Based Profitability in Oracle Profitability and Cost Management Cloud Service allows users to define cost drivers and calculate costs based on specific allocation rules. This feature helps organizations understand the impact of changing business drivers on profitability. Option 4: Incorrect. Financial Consolidation and Close in Oracle Profitability and Cost Management Cloud Service focuses on consolidating financial data and performing the close process. It does not allow users to define cost drivers and calculate costs based on specific allocation rules.

NEW QUESTION # 312
......

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