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Exam 1Z0-1061-24 Material & 1Z0-1061-24 Valid Test Questions

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q338-Q343):

NEW QUESTION # 338
Which of the following statements about data and metadata in Oracle Profitability and Cost Management Cloud Service is correct?

A. Metadata can only be loaded using the EPMAutomate utility.
B. Data and metadata cannot be accessed through REST APIs.
C. Data can be imported and exported using the DataManagement feature.
D. Data Integration is the only tool available for data and metadata integration.

Answer: C

Explanation:
Option 1: Correct: In Oracle Profitability and Cost Management Cloud Service, data can be imported and exported using the Data Management feature. This feature provides various options to import and export data, such as using Excel templates, integration interfaces, and file-based interfaces. Option 2: Incorrect: Metadata can be loaded using the EPMAutomate utility, but it is not the only method. Other methods, such as using Data Management or Smart View, can also be used to load metadata. Option 3: Incorrect: Data and metadata can be accessed through REST APIs in Oracle Profitability and Cost Management Cloud Service. These APIs provide functionalities to manage, load, and query data and metadata. Option 4: Incorrect: Data Integration is not the only tool available for data and metadata integration in Oracle Profitability and Cost Management Cloud Service. Other tools, such as Data Management and Smart View, can also be used for this purpose.

NEW QUESTION # 339
Which of the following authentication types is NOT supported by Oracle Profitability and Cost Management Cloud Service for integrating with other applications?

A. Kerberos
B. NTLM
C. SAML 2.0
D. OAuth 2.0

Answer: B

Explanation:
Option 1: SAML 0 is a supported authentication type for integrating with other applications in Oracle Profitability and Cost Management Cloud Service. Option 2: OAuth 0 is a supported authentication type for integrating with other applications in Oracle Profitability and Cost Management Cloud Service. Option 3: Kerberos is a supported authentication type for integrating with other applications in Oracle Profitability and Cost Management Cloud Service. Option 4: NTLM is NOT a supported authentication type for integrating with other applications in Oracle Profitability and Cost Management Cloud Service. Therefore, option 4 is the correct answer.

NEW QUESTION # 340
Which feature of Oracle Profitability and Cost Management Cloud Service allows users to define and apply custom business rules to allocate costs across various dimensions?

A. Profitability rules
B. Allocation methods
C. Dimensional rules
D. Allocation rules

Answer: D

Explanation:
Option 1: Incorrect. Dimensional rules in Oracle Profitability and Cost Management Cloud Service are used to define and apply calculations based on specific dimensions, not to allocate costs. Option 2: Correct. Allocation rules in Oracle Profitability and Cost Management Cloud Service allow users to define and apply custom business rules to allocate costs across various dimensions. Option 3: Incorrect. Profitability rules in Oracle Profitability and Cost Management Cloud Service are used to calculate and analyze profitability based on revenues and costs, not to allocate costs. Option 4: Incorrect. Allocation methods in Oracle Profitability and Cost Management Cloud Service are predefined methods used to allocate costs, not custom business rules.

NEW QUESTION # 341
In order to manage profitability in Oracle Profitability and Cost Management Cloud Service, which of the following features allows you to allocate indirect costs to cost objects?

A. Allocations Process
B. Data Management
C. Allocation Rule
D. Advanced Cost Calculation

Answer: C

Explanation:
Option 1: Correct. The Advanced Cost Calculation feature in Oracle Profitability and Cost Management Cloud Service allows you to allocate indirect costs to cost objects. It provides flexible and powerful modeling capabilities for cost allocation scenarios. Option 2: Incorrect. The Allocation Rule feature in Oracle Profitability and Cost Management Cloud Service is used to define allocation calculations and criteria, but it does not directly allocate indirect costs to cost objects. Option 3: Incorrect. The Allocations Process feature in Oracle Profitability and Cost Management Cloud Service automates the execution of allocation calculations and processes, but it does not directly allocate indirect costs to cost objects. Option 4: Incorrect. The Data Management feature in Oracle Profitability and Cost Management Cloud Service enables you to import, validate, and map data into profitability and cost management applications, but it does not directly allocate indirect costs to cost objects.

NEW QUESTION # 342
Which of the following statements regarding the architecture of Oracle Profitability and Cost Management Cloud Service 2023 (PCMCS) is correct?

A. PCMCS architecture is built entirely on cloud-native technologies
B. PCMCS leverages the power of Essbase as its underlying multidimensional database
C. PCMCS uses a relational database as its underlying data storage
D. PCMCS architecture is based on an on-premises installation

Answer: B

Explanation:
Option 1: Correct. PCMCS leverages the power of Essbase, Oracle's market-leading multidimensional database, as the underlying storage for its analytical applications. Essbase provides high-performance calculations and analysis capabilities needed for profitability and cost management. Option 2: Incorrect. PCMCS does not use a relational database as its underlying data storage. Instead, it uses Essbase, a multidimensional database. Option 3: Incorrect. PCMCS architecture is not built entirely on cloud-native technologies. While PCMCS runs in the Oracle Cloud, it primarily relies on Essbase, a multidimensional database, for data storage and analysis. Option 4: Incorrect. PCMCS architecture is not based on an on-premises installation. It is a cloud-based solution that runs in the Oracle Cloud Infrastructure.

NEW QUESTION # 343
......

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