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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q330-Q335):

NEW QUESTION # 330
Which of the following is a best practice for managing profitability in Oracle Profitability and Cost Management Cloud Service?

A. Ignore the impact of indirect expenses on profitability analysis.
B. Only allocate costs to profit centers that directly contribute to revenue generation
C. Use standard costing to calculate the cost of products or services.
D. Use top-down allocations to allocate costs from a central profit center to other profit centers.

Answer: D

Explanation:
Option 1: Correct. Using top-down allocations to allocate costs from a central profit center to other profit centers is a best practice in managing profitability. This allows for a more accurate allocation of costs and a better understanding of the overall profitability of each profit center. Option 2: Incorrect. Allocating costs only to profit centers that directly contribute to revenue generation may lead to inaccurate profitability analysis. It is important to consider all costs, including indirect expenses, when calculating profitability. Option 3: Incorrect. While standard costing is a best practice for calculating the cost of products or services, it is not directly related to managing profitability in Oracle Profitability and Cost Management Cloud Service. Option 4: Incorrect. Ignoring the impact of indirect expenses on profitability analysis can lead to inaccurate results. It is important to consider all expenses, including indirect expenses, when analyzing profitability.

NEW QUESTION # 331
When configuring security settings in Oracle Profitability and Cost Management Cloud Service 2023, which of the following options is the most secure and recommended approach?

A. Sharing the same username and password across all user accounts for simplicity.
B. Disabling SSL encryption to improve performance and reduce overhead.
C. Creating custom roles with granular privileges based on user responsibilities.
D. Granting all users the Administrator role for full access to all features and functions.

Answer: C

Explanation:
Option 1: Incorrect. Granting all users the Administrator role would give them unrestricted access to all features and functions, which can lead to potential security risks and unauthorized actions. Option 2: Correct. Creating custom roles with granular privileges based on user responsibilities is the most secure and recommended approach. It allows for fine-grained control over what each user can access and modify. Option 3: Incorrect. Sharing the same username and password across all user accounts is a poor security practice. If one account is compromised, all the accounts would be at risk. Option 4: Incorrect. Disabling SSL encryption would make data transmission insecure, exposing sensitive information to potential attackers.

NEW QUESTION # 332
Which application(s) can be created using the Oracle Profitability and Cost Management Cloud Service?

A. Planning
B. Consolidation
C. Profitability
D. Budgeting

Answer: C

NEW QUESTION # 333
In Oracle Profitability and Cost Management Cloud Service, which security privilege should be assigned to a user to restrict access to a specific dimension member?

A. Workflow Administrator
B. Security Administrator
C. End User
D. Data Access Manager

Answer: D

Explanation:
Option 1: Incorrect. The Security Administrator privilege allows users to manage security for all dimensions and data sources in the application. It does not provide the granularity required to restrict access to a specific dimension member. Option 2: Correct. The Data Access Manager privilege should be assigned to a user to restrict access to a specific dimension member. This privilege allows users to define and manage access rules for individual dimension members, thereby controlling the data that users can view and edit. Option 3: Incorrect. The Workflow Administrator privilege allows users to manage workflow processes and approvals in the application. It does not provide the functionality to restrict access to specific dimension members. Option 4: Incorrect. The End User privilege is the most basic level of access in the application. It does not provide the functionality to restrict access to specific dimension members.

NEW QUESTION # 334
Which of the following methods can be used to explicitly define a hierarchy for a Dimension in Oracle Profitability and Cost Management Cloud Service 2023?

A. Creating a parent-child hierarchy in the source system, then importing to PBCS as a flat file format
B. Manually creating a parent-child hierarchy in dimension editor from the imported flat file format
C. Creating a parent-child hierarchy in PBCS as part of importing the data from source systems
D. Creating a hierarchy file in the PBCS format and importing to the dimension editor

Answer: D

Explanation:
Option 1: This option is incorrect. While creating a parent-child hierarchy is a valid method, flat file formats cannot define a hierarchy, which is required for effective dimension management. Option 2: This option is incorrect. Creating hierarchies in PBCS, while possible, is usually not recommended as it's generally more efficient to maintain hierarchies in the source systems. Option 3: This option is incorrect. This can be a very time-consuming process, and there is a high probability of errors while creating manually. Also, PBCS offers a lot of powerful functionality to manage hierarchies, which may not be available in the source system or excel. Option 4: This option is correct. Creating custom hierarchies in PBCS requires the creation of a hierarchy file which can be either in the format of a hierarchy definition file (HDF) or a metadata interchange format (MIF) file. These files are specific to PBCS and take advantage of all the productivity-enhancing features of the system.

NEW QUESTION # 335
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