1Z0-1061-24 EXAMCOLLECTION QUESTIONS ANSWERS | 1Z0-1061-24 RELIABLE EXAM PDF

1Z0-1061-24 Examcollection Questions Answers | 1Z0-1061-24 Reliable Exam Pdf

1Z0-1061-24 Examcollection Questions Answers | 1Z0-1061-24 Reliable Exam Pdf

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q16-Q21):

NEW QUESTION # 16
Which of the following statements is true about mapping dimensions in Oracle Profitability and Cost Management Cloud Service?

  • A. Mapping dimensions is a mandatory step in setting up a model, and each dimension can be mapped to multiple sources
  • B. Mapping dimensions is a mandatory step in setting up a model, and each dimension can only be mapped to one source
  • C. Mapping dimensions is an optional step in setting up a model, and each dimension can only be mapped to one source
  • D. Mapping dimensions is an optional step in setting up a model, and each dimension can be mapped to multiple sources

Answer: A

Explanation:
Option 1: Mapping dimensions is a mandatory step in setting up a model in Oracle Profitability and Cost Management Cloud Service because mappings are used to build the hierarchical relationships in the model. Therefore, option A and D are incorrect. Option 2: Although each dimension can only be mapped once in a model, dimensions can be mapped to multiple sources, making option B incorrect. Option 3: This option is correct because each dimension can be mapped to multiple sources in Oracle Profitability and Cost Management Cloud Service, and mapping dimensions is a mandatory step in setting up a model. Option 4: This option is incorrect because mapping dimensions is a mandatory step in setting up a model.


NEW QUESTION # 17
Which of the following is true regarding setting up security in Oracle Profitability and Cost Management Cloud Service 2023?

  • A. A security group can be assigned to a single application only.
  • B. A user can be assigned multiple roles in different applications.
  • C. The administrator user account cannot be deleted or renamed.
  • D. A data relationship management group cannot be granted access to an application.

Answer: B

Explanation:
Option 1: This option is incorrect because the administrator user account can be renamed or disabled, but cannot be deleted. Option 2: This option is correct because a user can be assigned multiple roles in different applications. Option 3: This option is incorrect because a security group can be assigned to multiple applications. Option 4: This option is incorrect because a data relationship management group can be granted access to an application.


NEW QUESTION # 18
Which of the following best describes the impact of running an allocation on data that has been loaded into Oracle Profitability and Cost Management Cloud Service?

  • A. Allocations have no impact on data that has already been loaded.
  • B. Running an allocation only impacts the data that was loaded after the allocation was created.
  • C. Running an allocation deletes all previously loaded data and starts the allocation process from scratch.
  • D. Running an allocation can update the data that has already been loaded and adjust it based on the allocation rules

Answer: D

Explanation:
Option 1: Although it is true that loaded data is not altered by allocation definitions themselves, running an allocation based on those definitions certainly can change the data. Answer This is therefore incorrect. Option 2: Answer This is correct. Allocations can update previously loaded data or adjust it based on allocation rules. This is the entire purpose of running an allocation. Option 3: Answer This is incorrect. Running an allocation does not delete previously loaded data. Option 4: Answer This is incorrect. Allocations can impact all data regardless of when it was loaded.


NEW QUESTION # 19
What is the recommended approach for configuring security in Oracle Profitability and Cost Management Cloud Service 2023?

  • A. Assign permissions to individual users based on their job responsibilities.
  • B. Grant access to all users by default and then revoke access as needed.
  • C. Use the built-in role-based access control model.
  • D. Create custom security rules to restrict access to specific data.

Answer: C

Explanation:
Option 1: Correct. The recommended approach for configuring security in Oracle Profitability and Cost Management Cloud Service 2023 is to use the built-in role-based access control model. This model provides granular control over system access and simplifies the management of security by assigning users to predefined roles. Option 2: Incorrect. Assigning permissions to individual users based on their job responsibilities may lead to a complex and difficult-to-maintain security model. The built-in role-based access control model is the recommended approach. Option 3: Incorrect. While creating custom security rules can help restrict access to specific data, it may lead to a complex and difficult-to-maintain security model. The recommended approach is to use the built- in role-based access control model. Option 4: Incorrect. Granting access to all users by default and then revoking access as needed may result in a security model that is difficult to manage and potentially exposes sensitive data. The recommended approach is to use the built-in role-based access control model.


NEW QUESTION # 20
What is the primary purpose of Oracle Profitability and Cost Management Cloud Service?

  • A. To manage and optimize costs and profitability in an organization.
  • B. To automate HR processes and payroll management.
  • C. To track employee performance in real-time.
  • D. To improve the customer experience by analyzing data.

Answer: A

Explanation:
Option 1: This option is incorrect because Oracle Profitability and Cost Management Cloud Service is not designed for tracking employee performance. Option 2: This option is correct because Oracle Profitability and Cost Management Cloud Service is specifically designed to help organizations manage and optimize costs and profitability. Option 3: This option is incorrect because analyzing data to improve the customer experience is not the primary purpose of Oracle Profitability and Cost Management Cloud Service. Option 4: This option is incorrect because Oracle Profitability and Cost Management Cloud Service does not automate HR processes or payroll management.


NEW QUESTION # 21
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