1Z0-1061-24 EXCELLECT PASS RATE | 1Z0-1061-24 RELIABLE EXAM PATTERN

1Z0-1061-24 Excellect Pass Rate | 1Z0-1061-24 Reliable Exam Pattern

1Z0-1061-24 Excellect Pass Rate | 1Z0-1061-24 Reliable Exam Pattern

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q33-Q38):

NEW QUESTION # 33
Which of the following is a best practice for managing profitability in Oracle Profitability and Cost Management Cloud Service?

  • A. Ignore the impact of indirect expenses on profitability analysis.
  • B. Use standard costing to calculate the cost of products or services.
  • C. Only allocate costs to profit centers that directly contribute to revenue generation
  • D. Use top-down allocations to allocate costs from a central profit center to other profit centers.

Answer: D

Explanation:
Option 1: Correct. Using top-down allocations to allocate costs from a central profit center to other profit centers is a best practice in managing profitability. This allows for a more accurate allocation of costs and a better understanding of the overall profitability of each profit center. Option 2: Incorrect. Allocating costs only to profit centers that directly contribute to revenue generation may lead to inaccurate profitability analysis. It is important to consider all costs, including indirect expenses, when calculating profitability. Option 3: Incorrect. While standard costing is a best practice for calculating the cost of products or services, it is not directly related to managing profitability in Oracle Profitability and Cost Management Cloud Service. Option 4: Incorrect. Ignoring the impact of indirect expenses on profitability analysis can lead to inaccurate results. It is important to consider all expenses, including indirect expenses, when analyzing profitability.


NEW QUESTION # 34
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to create highly formatted reports with features such as conditional formatting, pivot tables, and charts?

  • A. Financial Reporting
  • B. Reporting Studio
  • C. Smart View
  • D. Data Warehouse

Answer: A

Explanation:
Option 1: Incorrect. Reporting Studio is not a feature of Oracle Profitability and Cost Management Cloud Service. Option 2: Incorrect. Smart View is a feature of Oracle EPM Cloud, but it is not specifically designed for highly formatted reports. Option 3: Correct. Oracle Profitability and Cost Management Cloud Service includes Financial Reporting, which allows users to create highly formatted reports with features such as conditional formatting, pivot tables, and charts. Option 4: Incorrect. The Data Warehouse is a separate feature that provides a centralized repository for data from multiple sources, but it does not directly enable users to create highly formatted reports.


NEW QUESTION # 35
Which method allows you to load data into Oracle Profitability and Cost Management Cloud Service?

  • A. SQL Insert
  • B. Data Management
  • C. File Import
  • D. Data Load Rule

Answer: C

Explanation:
Option 1: Incorrect. Data Management is not a valid method for loading data into Oracle Profitability and Cost Management Cloud Service. Option 2: Correct. The File Import method allows you to load data into Oracle Profitability and Cost Management Cloud Service. This method involves importing data from a file in a supported format. Option 3: Incorrect. Data Load Rule is not a valid method for loading data into Oracle Profitability and Cost Management Cloud Service. Option 4: Incorrect. SQL Insert is not a valid method for loading data into Oracle Profitability and Cost Management Cloud Service.


NEW QUESTION # 36
When creating applications and dimensions in Oracle Profitability and Cost Management Cloud Service 2023, which of the following statements is true?

  • A. Applications can only be created within dimensions.
  • B. Dimensions can only be created within applications.
  • C. Applications and dimensions can be created independently.
  • D. Applications and dimensions cannot be created in Oracle Profitability and Cost Management Cloud Service.

Answer: C

Explanation:
Option 1: Incorrect. Dimensions can be created independently without being tied to any specific application. Option 2: Incorrect. Applications can be created independently without being tied to any specific dimension. Option 3: Correct. In Oracle Profitability and Cost Management Cloud Service 2023, applications and dimensions can be created independently of each other. Option 4: Incorrect. Oracle Profitability and Cost Management Cloud Service does support the creation of applications and dimensions.


NEW QUESTION # 37
Which of the following options allows users to drill down from summary data to transaction level detail?

  • A. Oracle Fusion Subledger Accounting
  • B. Smart View
  • C. Oracle Fusion General Ledger
  • D. Oracle Profitability and Cost Management Cloud Service

Answer: B

Explanation:
Option 1: Correct. Oracle Fusion General Ledger allows users to drill down from summary data to transaction level detail through its drill-down functionality. Option 2: Incorrect. Smart View is a Microsoft Excel plug-in that provides ad hoc query and analysis capabilities, but it does not have the specific functionality to drill down from summary data to transaction level detail. Option 3: Incorrect. Oracle Fusion Subledger Accounting is responsible for generating accounting entries and does not provide drill-down functionality. Option 4: Incorrect. Oracle Profitability and Cost Management Cloud Service focuses on cost calculations and allocation, and does not have the drill-down functionality required for this question.


NEW QUESTION # 38
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