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Oracle 1Z0-1061-24 Exam Topics Pdf: Oracle CX Sales 2024 Implementation Professional - TestPDF High Pass Rate

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q327-Q332):

NEW QUESTION # 327
Which option accurately describes the relationship between data and metadata in Oracle Profitability and Cost Management Cloud Service?

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

Answer: B

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 # 328
What is the recommended way to control access to applications and data in Oracle Profitability and Cost Management Cloud Service?

A. Configure access controls within the applications and data.
B. Implement single sign-on (SSO) using an identity provider.
C. Create multiple user accounts for each user to assign different roles and privileges.
D. Use Oracle Access Manager to manage user authentication and authorization.

Answer: B

Explanation:
Option 1: Correct. Implementing single sign-on (SSO) using an identity provider ensures centralized control of user authentication and authorization. It allows users to access multiple applications with a single set of credentials. Option 2: Incorrect. Creating multiple user accounts for each user is not recommended as it may lead to a complex and inefficient user management process. It may also increase the risk of security breaches and inconsistent access controls. Option 3: Incorrect. Oracle Access Manager (OAM) is not the recommended way to control access to applications and data in Oracle Profitability and Cost Management Cloud Service. OAM is typically used for Oracle Fusion Middleware applications. Option 4: Incorrect. Configuring access controls within the applications and data may not provide centralized control and may result in duplication of efforts. It is recommended to use a centralized identity provider for better security and user management.

NEW QUESTION # 329
When running allocations in Oracle Profitability and Cost Management Cloud Service, which option should be selected to reduce the allocation run time?

A. Using a single large allocation job
B. Manually adjusting allocation weights
C. Running allocations during off-peak hours
D. Running allocation jobs in parallel

Answer: D

Explanation:
Option 1: Incorrect. Using a single large allocation job may result in increased run time due to the processing load. It is not recommended to use a single large allocation job. Option 2: Correct. Running allocation jobs in parallel can help reduce the allocation run time by utilizing multiple threads and distributing the processing load. This can lead to faster completion of the allocations. Option 3: Incorrect. Manually adjusting allocation weights does not directly impact the allocation run time. It may affect the allocation results, but it is not a method to reduce the run time. Option 4: Incorrect. Running allocations during off- peak hours may help in reducing contention for server resources and potentially improve performance, but it is not specifically targeted towards reducing the allocation run time.

NEW QUESTION # 330
Which of the following statements about the Overview and Architecture of Oracle Profitability and Cost Management Cloud Service 2023 Implementation is true?

A. Oracle Profitability and Cost Management Cloud Service is a database application that manages data integration.
B. Oracle Profitability and Cost Management Cloud Service is a management application that helps you manage your business.
C. Oracle Profitability and Cost Management Cloud Service is a multi-dimensional analytical application that analyzes performance.
D. Oracle Profitability and Cost Management Cloud Service is a planning and budgeting application that enables you to predict future business results.

Answer: C

Explanation:
Option 1: Answer This is incorrect because Oracle Profitability and Cost Management Cloud Service is a profitability and cost management application, not a planning and budgeting application. Option 2: Answer This is incorrect because Oracle Profitability and Cost Management Cloud Service is not a management application that helps you manage your business. However, it does help you analyze your business performance. Option 3: Answer This is correct because Oracle Profitability and Cost Management Cloud Service is a multi-dimensional analytical application designed to help you analyze your business performance. Option 4: Answer This is incorrect because Oracle Profitability and Cost Management Cloud Service is not a database application. It does integrate data from various sources.

NEW QUESTION # 331
When implementing Oracle Profitability and Cost Management Cloud Service, which architectural component allows you to organize the data and define the dimensionality and granularity of the data to be stored in the application?

A. Metadata Designer
B. Calculation Manager
C. Rule Balancing Engine
D. Data Manager

Answer: A

Explanation:
Option 1: Incorrect. The Rule Balancing Engine is responsible for executing pre-defined allocation rules and is not involved in organizing data or defining dimensionality and granularity. Option 2: Incorrect. Data Manager is responsible for loading and importing data into the application but does not define the structure of the data or its dimensionality and granularity. Option 3: Incorrect. Calculation Manager is used for defining the calculations and rules to be applied to the data, but it does not determine the structure of the data or its dimensionality and granularity. Option 4: Correct. The Metadata Designer component in Oracle Profitability and Cost Management Cloud Service allows you to organize the data by defining the dimensionality and granularity of the data to be stored in the application. This includes defining various dimensions such as cost centers, products, and customers, as well as specifying the hierarchical relationships and properties of these dimensions.

NEW QUESTION # 332
......

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Ken Ross Ken Ross

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