Oracle 1Z0-1061-24

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Oracle CX Sales 2024 Implementation Professional Sample Questions:

1. What is the recommended approach for loading data into Oracle Profitability and Cost Management Cloud Service?

A) Manually enter data using the web interface of Oracle Profitability and Cost Management Cloud Service.
B) Use the Data Import Wizard to load data from CSV files.
C) Use a third-party data integration tool to load data into Oracle Profitability and Cost Management Cloud Service.
D) Use Smart Push to load data from Essbase or Hyperion Planning.

2. Which feature of Oracle Profitability and Cost Management Cloud Service allows users to create reports based on dimensions and calculations?

A) Data Management
B) Smart View
C) Financial Reporting
D) Report Packages

3. Which feature in Oracle Profitability and Cost Management Cloud Service allows you to allocate overhead costs to different business units?

A) Transfer Pricing
B) Expense Planning
C) Direct Costing
D) Profitability Manager

4. Which of the following options represents a valid scenario where a Quantity dimension property can be used in an application in Oracle Profitability and Cost Management Cloud Service?

A) Quantity is a property that can be defined for each Product and will be used to calculate the total cost of goods sold in the application.
B) Quantity is a property that can be defined for each Department and will be used to calculate the headcount of employees responsible for each department.
C) Quantity is a property that can be defined for each Entity and will be used to identify the number of times the Entity appears in the application.
D) Quantity is a property that can be defined for each Account and will be used to calculate the cost of inventory used in production.

5. Which option enables the selection of multiple source lines for allocation but does not allow allocation across multiple periods?

A) Target Calculation
B) Rule Balancing
C) Spread Allocation
D) Cross-Period Balancing

Solutions: