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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q208-Q213):

NEW QUESTION # 208
Which component of Oracle Profitability and Cost Management Cloud Service allows you to define hierarchies and assign attribute values to different levels in the hierarchy?

A. Driver-based planning
B. Metamodel
C. Dimension library
D. Allocation engine

Answer: C

Explanation:
Option 1: Incorrect. The allocation engine is responsible for executing allocations and distributing costs based on predefined rules. Option 2: Incorrect. Driver-based planning is a feature that allows you to derive planning values based on specific drivers or metrics. Option 3: Correct. The dimension library is where you define the structure of your dimensions and assign attribute values to different levels in the hierarchy. Option 4: Incorrect. The metamodel represents the underlying data model in Oracle Profitability and Cost Management Cloud Service, but it is not responsible for defining hierarchies and assigning attribute values.

NEW QUESTION # 209
When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following features can be used to create conditional formatting?

A. Cell styles
B. Business rules
C. Custom metrics
D. Dynamic calculations

Answer: A

Explanation:
Option 1: Incorrect. Dynamic calculations are used to perform calculations based on the hierarchy structure of the data and cannot be used to create conditional formatting. Option 2: Incorrect. Business rules are used to perform calculations and allocations, but they cannot be used to create conditional formatting. Option 3: Incorrect. Custom metrics are used to define calculations and aggregations, but they cannot be used to create conditional formatting. Option 4: Correct. Cell styles can be used to define rules that determine how cells are formatted based on specific conditions, such as cell values or data ranges.

NEW QUESTION # 210
Which feature in Oracle Profitability and Cost Management Cloud Service is used to allocate indirect costs to activities based on various allocation rules and drivers?

A. Profitability and Cost Management Allocations
B. Profitability and Cost Management Analytics
C. Profitability and Cost Management Planning
D. Profitability and Cost Management Approvals

Answer: A

Explanation:
Option 1: Incorrect. Profitability and Cost Management Approvals is not used for allocating indirect costs to activities based on various allocation rules and drivers. It is used for managing the approval process for profitability and cost management tasks. Option 2: Incorrect. Profitability and Cost Management Analytics provides advanced analytical capabilities for analyzing profitability and cost data, but it is not used for allocating indirect costs to activities based on various allocation rules and drivers. Option 3: Correct. Profitability and Cost Management Allocations is used to allocate indirect costs to activities based on various allocation rules and drivers. It allows users to define allocation methods and drivers, and allocate costs according to these rules. Option 4: Incorrect. Profitability and Cost Management Planning is used for planning and budgeting process, where users can define financial targets, plan for different scenarios, and track actuals against targets. It is not used for allocating indirect costs to activities based on various allocation rules and drivers.

NEW QUESTION # 211
Which feature in Oracle Profitability and Cost Management Cloud Service allows you to identify unprofitable products or services?

A. Cost Rates
B. Profitability Analysis
C. Cost Allocation
D. Profitability Drivers

Answer: B

Explanation:
Option 1: The correct answer is Profitability Analysis. Profitability Analysis allows you to analyze product profitability by calculating and reporting on the costs and revenues associated with each product or service. Option 2: Option Cost Allocation is incorrect because Cost Allocation allows you to allocate the costs associated with various activities to products or services, but does not specifically identify unprofitable products or services. Option 3: Option Cost Rates is incorrect because Cost Rates allows you to define and manage the rates used to calculate the costs associated with activities and resources, but does not specifically identify unprofitable products or services. Option 4: Option Profitability Drivers is incorrect because Profitability Drivers allows you to define the drivers that determine the costs and revenues associated with each product or service, but does not specifically identify unprofitable products or services.

NEW QUESTION # 212
Which statement best describes how to configure security in Oracle Profitability and Cost Management Cloud Service?

A. Security in Oracle Profitability and Cost Management Cloud Service can only be configured by the administrator and cannot be customized for individual users.
B. Security in Oracle Profitability and Cost Management Cloud Service is only available for users with administrator privileges and cannot be assigned to regular users.
C. Security in Oracle Profitability and Cost Management Cloud Service is configured by assigning security classes to users or groups, which control access to dimensions, hierarchies, and scenarios.
D. Security in Oracle Profitability and Cost Management Cloud Service is automatically set based on the user's role in the organization and cannot be modified.

Answer: C

Explanation:
Option 1: This option is incorrect because security in Oracle Profitability and Cost Management Cloud Service can be customized for individual users by assigning security classes. Option 2: This option is correct because security in Oracle Profitability and Cost Management Cloud Service is configured by assigning security classes to users or groups, which control access to dimensions, hierarchies, and scenarios. This allows for fine-grained control of access to the application's features. Option 3: This option is incorrect because security in Oracle Profitability and Cost Management Cloud Service can be modified and customized based on the organization's specific requirements. Option 4: This option is incorrect because security in Oracle Profitability and Cost Management Cloud Service can be assigned to regular users, not just those with administrator privileges. Regular users can be assigned specific roles and privileges within the application.

NEW QUESTION # 213
......

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