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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q216-Q221):

NEW QUESTION # 216
Which of the following options is the most appropriate when integrating Oracle Profitability and Cost Management Cloud Service with other applications?

A. Use Oracle Data Integrator (ODI) to extract data from Oracle Profitability and Cost Management Cloud Service and load it into the other applications.
B. Use flat files to extract data from Oracle Profitability and Cost Management Cloud Service and load it into the other applications.
C. Use Oracle Hyperion Financial Data Quality Management Enterprise Edition (FDMEE) to extract data from Oracle Profitability and Cost Management Cloud Service and load it into the other applications.
D. Use Oracle Integration Cloud Service (ICS) to integrate Oracle Profitability and Cost Management Cloud Service with the other applications.

Answer: D

Explanation:
Option 1: Incorrect. ODI is not the most appropriate option for integrating Oracle Profitability and Cost Management Cloud Service with other applications. While it is possible to use ODI, it may require additional configuration and customization. Option 2: Incorrect. Using flat files to extract data from Oracle Profitability and Cost Management Cloud Service and load it into other applications can be a manual and time-consuming process. It may also require additional manual steps to configure and load the data correctly. Option 3: Correct. Oracle Integration Cloud Service (ICS) is the most appropriate option for integrating Oracle Profitability and Cost Management Cloud Service with other applications. ICS provides prebuilt connectors and adapters for seamless integration and supports various integration patterns such as real-time and batch integration. Option 4: Incorrect. While it is possible to use Oracle Hyperion Financial Data Quality Management Enterprise Edition (FDMEE) for data extraction and integration, it may require additional configuration and customization. Oracle Integration Cloud Service (ICS) is a more suitable choice for integrating Oracle Profitability and Cost Management Cloud Service with other applications.

NEW QUESTION # 217
Which of the following options is the best way to create a hierarchy of accounts and cost centers in Oracle Profitability and Cost Management Cloud Service 2023?

A. Create a Dimension library that combines the accounts and cost centers into a single hierarchy
B. Create separate Dimensions for accounts and cost centers, then create an Application that combines them into a single hierarchy
C. Create separate Applications for accounts and cost centers, then create a Calculation Manager rule that combines them into a single hierarchy
D. Create a single Dimension for either accounts or cost centers, then use formula logic to roll up the hierarchy

Answer: B

Explanation:
Option 1: This option is incorrect because creating a Dimension library will not allow you to combine accounts and cost centers into a single hierarchy. A Dimension library is simply a collection of Dimensions that can be reused across multiple Applications. Option 2: This option is correct. Creating separate Dimensions for accounts and cost centers, then combining them into a single hierarchy within an Application is the best way to create a hierarchy of accounts and cost centers. This allows you to maintain separate hierarchies for each dimension while still being able to combine them into a single hierarchy in the Application. Option 3: This option is incorrect because creating a single Dimension for either accounts or cost centers and using formula logic to roll up the hierarchy will not allow you to combine both dimensions into a single hierarchy. This option also requires more complex formula logic to be created for the roll-up. Option 4: This option is incorrect because creating separate Applications for accounts and cost centers and then combining them into a single hierarchy using Calculation Manager is not the best way to create a hierarchy of accounts and cost centers. This option requires more work to maintain the separate Applications and the Calculation Manager rule increases complexity.

NEW QUESTION # 218
Which of the following statements is true about generating aggregate views in Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional?

A. Aggregate views can only be generated for dimensions with at least two levels.
B. Aggregate views are stored in a separate database table for faster query performance.
C. Aggregate views can be generated for both base and parent-child dimensions.
D. Aggregate views can be generated automatically by the system based on query patterns.

Answer: B

Explanation:
Option 1: Incorrect. Aggregate views can be generated for dimensions with any number of levels, not just those with at least two levels. Option 2: Incorrect. Although aggregate views can improve query performance, they are not stored in a separate database table. Instead, they are stored within the Oracle Profitability and Cost Management Cloud Service for efficient retrieval. Option 3: Correct. Aggregate views can be generated for both base and parent-child dimensions. This allows for improved query performance by pre-calculating and storing aggregated data. Option 4: Incorrect. While the system can suggest potential aggregate views based on query patterns, they are not automatically generated. The administrator must manually create and configure aggregate views.

NEW QUESTION # 219
Which of the following actions can be performed in the 'Rules' section of the Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional, when setting up models and rules?

A. Creating attribute dimensions
B. Creating BSO cubes
C. Creating member lists
D. Creating member formulas

Answer: D

Explanation:
Option 1: Correct. In the 'Rules' section of the Oracle Profitability and Cost Management Cloud Service 2023 Implementation, creating member formulas is a commonly performed action. These formulas can be used to calculate values for different members based on various variables. Option 2: Incorrect. Creating BSO cubes is not an action that can be performed in the 'Rules' section of Oracle Profitability and Cost Management Cloud Service. This is done in the 'Model' section. Option 3: Incorrect. Creating attribute dimensions is not an action that can be performed in the 'Rules' section of Oracle Profitability and Cost Management Cloud Service. This is done in the 'Dimensions' section. Option 4: Incorrect. Creating member lists is not an action that can be performed in the 'Rules' section of Oracle Profitability and Cost Management Cloud Service. This is done in the 'Dimensions' section.

NEW QUESTION # 220
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 hierarchy file in the PBCS format and importing to the dimension editor
B. Creating a parent-child hierarchy in PBCS as part of importing the data from source systems
C. Manually creating a parent-child hierarchy in dimension editor from the imported flat file format
D. Creating a parent-child hierarchy in the source system, then importing to PBCS as a flat file format

Answer: A

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 # 221
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