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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q238-Q243):

NEW QUESTION # 238
Which of the following best describes the process of importing metadata in Oracle Profitability and Cost Management Cloud Service?

• A. Importing metadata from an API
• B. Importing metadata from a database table
• C. Importing metadata from a flat file
• D. Importing metadata from an external source

Answer: D

Explanation:
Option 1: Incorrect. While importing metadata from a flat file is a valid method in Oracle Profitability and Cost Management Cloud Service, it is not the best option described. Option 2: Incorrect. While importing metadata from a database table is a valid method in Oracle Profitability and Cost Management Cloud Service, it is not the best option described. Option 3: Correct! Importing metadata from an external source is the best option for importing metadata in Oracle Profitability and Cost Management Cloud Service. This allows for seamless integration with other systems and ensures up-to-date and accurate metadata in the application. Option 4: Incorrect. While importing metadata from an API is a valid method in Oracle Profitability and Cost Management Cloud Service, it is not the best option described.

 

NEW QUESTION # 239
Which option accurately describes the relationship between data and metadata in Oracle Profitability and Cost Management Cloud Service?

• A. Data is the raw information stored in the application, while metadata is the descriptive information about the data.
• B. Data is the descriptive information about the application, while metadata is the raw information stored in the application.
• C. Data and metadata are separate entities within the application, with no relationship between them.
• D. Data and metadata are interchangeable terms, both referring to the raw information stored in the application.

Answer: A

Explanation:
Option 1: Correct: In Oracle Profitability and Cost Management Cloud Service, data refers to the raw information stored in the application, such as financial transaction details, while metadata refers to the descriptive information about the data, such as the labels, hierarchies, and properties that provide context and meaning to the data. The data and metadata are not interchangeable terms; they serve different purposes and have distinct roles within the application. Option 2: Incorrect: This statement is incorrect. Data and metadata are not interchangeable terms in Oracle Profitability and Cost Management Cloud Service. Data refers to the raw information stored in the application, while metadata refers to the descriptive information about the data. They serve different purposes and have distinct roles within the application. Option 3: Incorrect: This statement is incorrect. Data does not refer to the descriptive information about the application in Oracle Profitability and Cost Management Cloud Service. Data refers to the raw information stored in the application, while metadata refers to the descriptive information about the data. They serve different purposes and have distinct roles within the application. Option 4: Incorrect: This statement is incorrect. Data and metadata are not separate entities within the application with no relationship between them. In Oracle Profitability and Cost Management Cloud Service, data and metadata have a close relationship. Data refers to the raw information stored in the application, while metadata refers to the descriptive information about the data. They serve different purposes and have distinct roles within the application.

 

NEW QUESTION # 240
Which of the following is true about running an allocation in Oracle Profitability and Cost Management Cloud Service 2023 for a large data set?

• A. It is recommended to use a sequential allocation for optimal performance.
• B. The Calculate and Consolidate steps of the allocation process happen simultaneously.
• C. Using a rule-based allocation is more efficient than using a driver-based allocation.
• D. The use of aggregate storage outline is not recommended for large data sets.

Answer: D

Explanation:
Option 1: This option is incorrect. While sequential allocations can have advantages in specific situations, they may not always be the most efficient choice for large data sets due to potential processing times and required memory. Option 2: This option is incorrect. Rule-based allocations can be useful when defining more complex allocation rules, but driver-based allocations tend to perform better when applied to large data sets. Option 3: This option is incorrect. The Calculate and Consolidate steps of the allocation process occur sequentially, not simultaneously. Option 4: This option is correct. For large data sets, using an aggregate storage outline is recommended due to its ability to handle larger datasets in an efficient manner. Block storage would be inefficient as it creates an individual block for every cell and data retrieval will take longer.

 

NEW QUESTION # 241
Which step is required to complete the integration between Oracle Profitability and Cost Management Cloud Service and Oracle Enterprise Performance Management Cloud?

• A. Install and configure Oracle Data Integrator on both systems
• B. Configure single sign-on between Oracle Profitability and Cost Management Cloud Service and Oracle Identity Cloud Service
• C. Create a SSH key on Oracle Profitability and Cost Management Cloud Service and import it to Oracle Enterprise Performance Management Cloud
• D. Configure a reverse proxy server on Oracle Enterprise Performance Management Cloud to route traffic to Oracle Profitability and Cost Management Cloud Service

Answer: B

 

NEW QUESTION # 242
Which feature of Oracle Profitability and Cost Management Cloud Service allows you to analyze the profitability of different customers?

• A. Cost allocation rules
• B. Customer profitability analytics
• C. Cost allocation models
• D. Customer profitability reports

Answer: D

Explanation:
Option 1: Incorrect. Cost allocation rules define the rules and logic for allocating costs to different objects or dimensions. They are not specifically designed for analyzing customer profitability. Option 2: Incorrect. Cost allocation models are used to allocate costs to different objects or dimensions based on specific allocation methods. They do not provide specific customer profitability analysis. Option 3: Correct. Oracle Profitability and Cost Management Cloud Service provides customer profitability reports that allow you to analyze the profitability of different customers. These reports provide insights into revenue, costs, and profitability metrics for individual customers. Option 4: Incorrect. Customer profitability analytics is not a specific feature of Oracle Profitability and Cost Management Cloud Service.

 

NEW QUESTION # 243
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