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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q169-Q174):

NEW QUESTION # 169
What is the primary purpose of Oracle Profitability and Cost Management (PCM) Cloud Service?

A. To manage the procurement and purchasing process
B. To automate financial consolidation and reporting
C. To provide a comprehensive view of cost and profitability across the organization
D. To streamline the billing and invoicing process

Answer: C

Explanation:
Option 1: Correct: The primary purpose of Oracle PCM Cloud Service is to provide a comprehensive view of cost and profitability across the organization, enabling better decision-making and strategic planning. It helps organizations analyze and understand their business costs, identify areas of improvement, and optimize profitability. Option 2: Incorrect: While Oracle PCM Cloud Service may help streamline the billing and invoicing process by providing better insights into cost and profitability, it is not the primary purpose of this solution. Option 3: Incorrect: Financial consolidation and reporting is typically a different process than the cost and profitability analysis provided by Oracle PCM Cloud Service. While PCM can provide insights into cost elements, it is not primarily designed for financial consolidation and reporting. Option 4: Incorrect: While Oracle PCM Cloud Service may provide insights into procurement and purchasing costs, it is not the primary purpose of this solution. PCM focuses on cost and profitability analysis, rather than procurement management.

NEW QUESTION # 170
Which of the following statements is true about the architecture of Oracle Profitability and Cost Management Cloud Service 2023 Implementation?

A. It is designed with a single-tier architecture where all the components are hosted on a single server.
B. It is designed with a two-tier architecture where the user interface is separate from the database and application server.
C. It is designed with a three-tier architecture where the user interface, application server, and database are separate components.
D. It is designed with a distributed architecture where different components are hosted on different servers.

Answer: C

Explanation:
Option 1: Incorrect. Oracle Profitability and Cost Management Cloud Service 2023 Implementation is not designed with a single-tier architecture as it involves separate components for the user interface, application server, and database. Option 2: Incorrect.

NEW QUESTION # 171
Which of the following statements accurately describes the hierarchy in Oracle Profitability and Cost Management Cloud Service (PCMCS), and how is it used when modeling?

A. The hierarchy is a collection of measures that represent different aspects of a business, and it is used to calculate the performance of different units of analysis. By specifying a hierarchy structure, the system can apply complex formulas and allocate costs and revenues across different dimensions of analysis.
B. The hierarchy is a collection of members that represent parts of a structural relationship between members, and it dictates how data flows down from parent to child members. A well-structured hierarchy will help simplify and optimize modeling by allowing for more efficient navigation between levels of detail.
C. The hierarchy is a collection of attributes that describe different dimensions of a business, such as product lines, geographical regions, or customer segments. By breaking down data into different levels of detail, the system can provide more granular insights into specific areas of the business.
D. The hierarchy is a top-down structure in which data flows from the higher levels to the lower levels. It is used to optimize reporting performance by organizing data into smaller, more manageable units.

Answer: B

Explanation:
Option 1: This option is correct. In PCMCS, a hierarchy is defined as a collection of members that represent parts of a structural relationship between members. Typically, a hierarchy starts at the top level with broad categories and then drills down to increasingly specific levels of detail. By using a well-structured hierarchy, modelers can simplify and optimize modeling by navigating between different levels of detail more efficiently and without duplicating data. Option 2: This option is incorrect. While hierarchies do help organize data into smaller and more manageable units, they are not designed to optimize reporting performance, nor do they necessarily flow from higher to lower levels. Hierarchies simply define how members relate to one another within the context of the model. Option 3: This option is incorrect. Measures and business rules are used to allocate costs and revenues across different dimensions of analysis, but they are not part of the hierarchy structure per se. Hierarchies dictate how data flows from parent to child members, but they do not define the measures themselves. Option 4: This option is incorrect. Attributes do describe different dimensions of a business, but they are not the same as hierarchies. Attributes help modelers filter data and identify patterns across different levels of detail, but hierarchies are used to define relationships between members and determine how data is aggregated across levels.

NEW QUESTION # 172
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. Data Management
B. Allocation Rule
C. Allocations Process
D. Advanced Cost Calculation

Answer: B

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 # 173
Which of the following options best describes the use of data maps in Oracle Profitability and Cost Management Cloud Service?

A. Data maps provide a hierarchical view of the metadata in the application and are used to define the application's dimensions and members.
B. Data maps store the complex calculations and business rules used in the application.
C. Data maps outline the relationship between the logical dimensions of the application and the physical data that supports them.
D. Data maps are used to map the data structure of external data sources to the data structure of the application.

Answer: C

Explanation:
Option 1: This option is incorrect because metadata models, not data maps, provide a hierarchical view of the metadata in the application and are used to define the application's dimensions and members. Option 2: This option is correct because data maps outline the relationship between the logical dimensions of the application and the physical data that supports them. This enables the application to map data from source systems to the dimensions used in the application. Option 3: This option is incorrect because data adapters, not data maps, are used to map the data structure of external data sources to the data structure of the application. Option 4: This option is incorrect because calculations and business rules are stored in rules files, not data maps.

NEW QUESTION # 174
......

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