RELIABLE 1Z0-1061-24 TEST NOTES & 1Z0-1061-24 VALUABLE FEEDBACK

Reliable 1Z0-1061-24 Test Notes & 1Z0-1061-24 Valuable Feedback

Reliable 1Z0-1061-24 Test Notes & 1Z0-1061-24 Valuable Feedback

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q186-Q191):

NEW QUESTION # 186
When integrating Oracle Profitability and Cost Management Cloud Service with another application, what is the recommended approach to handle data transfers?

  • A. Use ETL tools to extract data from the source application, transform it into the required format, and load it into Oracle Profitability and Cost Management Cloud Service.
  • B. Use FTP/SFTP servers to transfer data between the source application and Oracle Profitability and Cost Management Cloud Service.
  • C. Use REST APIs provided by Oracle Profitability and Cost Management Cloud Service to extract data from the source application and load it into Oracle Profitability and Cost Management Cloud Service.
  • D. Use a third-party middleware solution to extract data from the source application, transform it into the required format, and load it into Oracle Profitability and Cost Management Cloud Service.

Answer: A

Explanation:
Option 1: This is correct because ETL tools are widely used by organizations to extract data from disparate sources, transform it into a format that can be loaded into Oracle Profitability and Cost Management Cloud Service, and load it. This process ensures data integrity and consistency during data transfers. Option 2: This is incorrect because third-party middleware solutions can be expensive and require additional maintenance. Using ETL tools provided by Oracle or other open-source software is more cost-effective. Option 3: This is incorrect because REST APIs are recommended for real-time data integration, yet they may not support the volume of data needed to be transferred to Oracle Profitability and Cost Management Cloud Service. This method can also increase latency over large distances or networks. Option 4: This is incorrect because manual file transfers can be tedious, error-prone and not very reliable. FTP/SFTP servers also are not as secure compared to other methods.


NEW QUESTION # 187
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to perform ad-hoc analysis and create a detailed breakdown of profitability?

  • A. Profitability and Costing
  • B. Profitability Reporting and Analytics
  • C. Financial Consolidation and Close
  • D. Cost Volume Profit (CVP) Analysis

Answer: A

Explanation:
Option 1: Incorrect. Cost Volume Profit (CVP) Analysis is not the feature that allows users to perform ad-hoc analysis and create a detailed breakdown of profitability. Option 2: Incorrect. Financial Consolidation and Close is not the feature that allows users to perform ad-hoc analysis and create a detailed breakdown of profitability. Option 3: Correct. Profitability and Costing is the feature that allows users to perform ad-hoc analysis and create a detailed breakdown of profitability. It provides the functionality to model and analyze profitability at different levels of detail. Option 4: Incorrect. Profitability Reporting and Analytics is not the feature that allows users to perform ad-hoc analysis and create a detailed breakdown of profitability.


NEW QUESTION # 188
Which of the following statements is true about creating applications and dimensions in Oracle Profitability and Cost Management Cloud Service 2023?

  • A. Each application can have multiple dimensions with the same name
  • B. Applications and dimensions can only be created using the web interface.
  • C. The dimensions created in an application are automatically available in all other applications in the environment.
  • D. Custom dimensions can be created based on predefined templates provided by the system.

Answer: D

Explanation:
Option 1: Incorrect. Applications and dimensions can be created both using the web interface and using the Oracle Smart View for Office add-in. Option 2: Incorrect. The dimensions created in an application are not automatically available in other applications. Option 3: Correct. Custom dimensions can be created based on predefined templates provided by the system. These templates include standard dimensions such as account, product, and organization, and users can also create custom dimensions to meet specific requirements. Option 4: Incorrect. Each application can have multiple dimensions, but each dimension must have a unique name within the application.


NEW QUESTION # 189
You are customizing the mapping between a lead and an opportunity in order to add custom fields. You copy the standard mapping and add appropriate fields to the new mapping that is created.
However, your changes are not successful. Why?
Response:

  • A. You need to raise a ticket to My Oracle Support to bounce the server.
  • B. You must set the "MKL_DIRECT_LEAD_TO_OPTY_MAPPING_NAME" profile to the name of your custom mapping.
  • C. You must modify the Business Process Flow "Copy Lead To Opportunity Map" to refer to your custom mapping.
  • D. You should have modified the standard mapping itself instead of copying and creating a new one. Only one mapping is allowed.
  • E. You must modify the Object Workflow "Copy Lead To Opportunity Map" to refer to your custom mapping.

Answer: E


NEW QUESTION # 190
Which of the following statements accurately describes the role of the Profitability and Cost Management Cloud Service?

  • A. It provides detailed reporting on an organization's financial performance, enabling the identification of opportunities for cost savingsandoptimization.
  • B. It enables an organization to develop detailed budget plans and forecasts, incorporating both financial and non-financial data.
  • C. It provides a real-time analysis of the costs of your organization's products and services, including comparisons with industry benchmarks.
  • D. It allows an organization to define and analyze complex models of profitability by analyzing past performances of the organizational structure.

Answer: D

Explanation:
Option 1: This option is incorrect because while the Profitability and Cost Management Cloud Service does provide detailed reporting, it is specifically designed for cost and profitability management rather than simple financial performance analysis. Option 2: This option is correct because the Profitability and Cost Management Cloud Service enables organizations to define and analyze complex models of profitability. This is achieved by bringing together data from various sources, including sales, cost, and customer information, to enable better insight and decision making. Option 3: This option is incorrect because while the Profitability and Cost Management Cloud Service does enable detailed budget planning and forecasting, it is specifically designed to address cost and profitability management rather than simple budgeting. Option 4: This option is incorrect because while the Profitability and Cost Management Cloud Service does provide real-time analysis, it is specifically designed for cost and profitability management rather than for product and service costing, which is typically supported by other specialized applications.


NEW QUESTION # 191
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