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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q79-Q84):

NEW QUESTION # 79
What is the purpose of the Overview and Architecture section in the Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional exam?

A. To explain the basic concepts and features of the Oracle Profitability and Cost Management Cloud Service.
B. To provide a detailed overview of the software architecture and components of the Oracle Profitability and Cost Management Cloud Service.
C. To evaluate the candidate's knowledge of the latest updates and enhancements in the Oracle Profitability and Cost Management Cloud Service.
D. To test the candidate's understanding of the Oracle Profitability and Cost Management Cloud Service architecture and its implementation best practices.

Answer: D

Explanation:
Option 1: The Overview and Architecture section is primarily focused on providing a high-level explanation of the software architecture and components of the Oracle Profitability and Cost Management Cloud Service. It helps candidates understand how the different modules and components interact with each other to deliver the required functionalities. Option 2: This statement is incorrect because the purpose of the Overview and Architecture section is not to explain the basic concepts and features of the Oracle Profitability and Cost Management Cloud Service. It is specifically focused on the software architecture and implementation best practices. Option 3: This statement is correct because the Overview and Architecture section is designed to test the candidate's understanding of the Oracle Profitability and Cost Management Cloud Service architecture and its implementation best practices. It assesses the candidate's ability to analyze the architecture and make informed decisions based on the given scenarios. Option 4: This statement is incorrect because the purpose of the Overview and Architecture section is not to evaluate the candidate's knowledge of the latest updates and enhancements in the Oracle Profitability and Cost Management Cloud Service. It is primarily focused on the software architecture and implementation best practices.

NEW QUESTION # 80
Which of the following is true about configuring security in Oracle Profitability and Cost Management Cloud Service?

A. Users can only be assigned one role, and that role determines their level of access to the application.
B. Security must be configured at the application level and cannot be customized for individual users or groups.
C. Users can bypass the security restrictions by directly accessing the database.
D. Users can be assigned multiple roles, and the combined privileges of those roles determine their level of access to the application.

Answer: D

Explanation:
Option 1: Incorrect. Security in Oracle Profitability and Cost Management Cloud Service can be customized at the individual user or group level. Option 2: Incorrect. Users can be assigned multiple roles, allowing for more granular control over their access privileges. Option 3: Correct. Users can be assigned multiple roles, and the combined privileges of those roles determine their level of access to the application. Option 4: Incorrect. Users cannot bypass the security restrictions by directly accessing the database.

NEW QUESTION # 81
Which of the following statements accurately describes the difference between a dimension and a member in Oracle Profitability and Cost Management Cloud Service (PCMCS)?

A. A dimension is used for metadata management, while a member is used for data input.
B. A dimension is a category or characteristic that provides context for a member, while a member is a specific instance or data point within a dimension.
C. A dimension and a member are the same thing and can be used interchangeably in PCMCS
D. A dimension is a specific instance within a member, while a member is a category or characteristic that provides context for a dimension.

Answer: B

Explanation:
Option 1: This option is the correct answer as it accurately describes the difference between dimensions and members in PCMCS. A dimension is a category or characteristic that provides context, while a member is a specific instance or data point within that category or characteristic. Option 2: This option is incorrect as it describes the opposite relationship between dimensions and members. Option 3: This option is incorrect as dimensions and members are not the same thing and cannot be used interchangeably. They have distinct roles and functions in PCMCS. Option 4: This option is incorrect as dimensions and members are both used for metadata management and data input in PCMCS. The statement incorrectly suggests that they have different uses.

NEW QUESTION # 82
Which feature in Oracle Profitability and Cost Management Cloud Service allows you to identify unprofitable products or services?

A. Profitability Drivers
B. Cost Rates
C. Cost Allocation
D. Profitability Analysis

Answer: D

Explanation:
Option 1: The correct answer is Profitability Analysis. Profitability Analysis allows you to analyze product profitability by calculating and reporting on the costs and revenues associated with each product or service. Option 2: Option Cost Allocation is incorrect because Cost Allocation allows you to allocate the costs associated with various activities to products or services, but does not specifically identify unprofitable products or services. Option 3: Option Cost Rates is incorrect because Cost Rates allows you to define and manage the rates used to calculate the costs associated with activities and resources, but does not specifically identify unprofitable products or services. Option 4: Option Profitability Drivers is incorrect because Profitability Drivers allows you to define the drivers that determine the costs and revenues associated with each product or service, but does not specifically identify unprofitable products or services.

NEW QUESTION # 83
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to define and maintain hierarchies and dimensions?

A. Scenario Modeling
B. Dimensions, Views, and Relationships
C. Import Data
D. Rules

Answer: B

Explanation:
Option 1: Import Data is not a feature that allows users to define and maintain hierarchies and dimensions. It is used to load data into the application. Option 2: Scenario Modeling is not a feature that allows users to define and maintain hierarchies and dimensions. It is used for performing what-if analysis and scenario testing. Option 3: Rules is not a feature that allows users to define and maintain hierarchies and dimensions. It is used for defining calculations and allocations. Option 4: Dimensions, Views, and Relationships is the correct answer because it allows users to define and maintain hierarchies and dimensions in Oracle Profitability and Cost Management Cloud Service. Users can create and manage dimensions, views, and relationships for organizing and analyzing data in a structured manner.

NEW QUESTION # 84
......

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