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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q88-Q93):

NEW QUESTION # 88
When configuring security access in Oracle Profitability and Cost Management Cloud Service, which of the following best describes the function of the Credential Store Framework?

A. It facilitates secure communication between the client and server through SSL/TLS encryption.
B. It offers a centralized location to store and manage user credentials for authentication purposes.
C. It manages all security artifacts such as policies, roles, and permissions within the system.
D. It provides a way to configure user access to individual application functions and screens.

Answer: B

Explanation:
Option 1: This option is incorrect because the Credential Store Framework does not manage all security artifacts- there are other modules which handle this functionality. Option 2: This option is correct because the Credential Store Framework provides a centralized location for storing and managing user credentials. This is important for both authentication and authorization purposes. Option 3: This option is incorrect because this is the role of the role definition and management module. Option 4: This option is incorrect because this relates to the encryption protocol and is not the role of the Credential Store Framework.

NEW QUESTION # 89
Which of the following is true about running an allocation in Oracle Profitability and Cost Management Cloud Service 2023 for a large data set?

A. It is recommended to use a sequential allocation for optimal performance.
B. Using a rule-based allocation is more efficient than using a driver-based allocation.
C. The use of aggregate storage outline is not recommended for large data sets.
D. The Calculate and Consolidate steps of the allocation process happen simultaneously.

Answer: C

Explanation:
Option 1: This option is incorrect. While sequential allocations can have advantages in specific situations, they may not always be the most efficient choice for large data sets due to potential processing times and required memory. Option 2: This option is incorrect. Rule-based allocations can be useful when defining more complex allocation rules, but driver-based allocations tend to perform better when applied to large data sets. Option 3: This option is incorrect. The Calculate and Consolidate steps of the allocation process occur sequentially, not simultaneously. Option 4: This option is correct. For large data sets, using an aggregate storage outline is recommended due to its ability to handle larger datasets in an efficient manner. Block storage would be inefficient as it creates an individual block for every cell and data retrieval will take longer.

NEW QUESTION # 90
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. Rule Balancing Engine
B. Metadata Designer
C. Data Manager
D. Calculation Manager

Answer: B

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 # 91
When integrating Oracle Profitability and Cost Management Cloud Service with other applications, what feature must be used to import and export data from the application?

A. Data Integration
B. Enterprise Integration
C. Process Integration
D. Cloud Integration

Answer: A

Explanation:
Option 1: Data Integration is the correct answer. Oracle Profitability and Cost Management Cloud Service provides data integration feature using which the data can be easily imported and exported from the application. This feature can be used to import data into the application and to export data out of the application, which makes it easier to integrate with other applications. Option 2: Process Integration is an incorrect answer. Although Process Integration is a useful feature in Oracle Cloud, it is not used to import or export data from Oracle Profitability and Cost Management Cloud Service. Option 3: Cloud Integration is an incorrect answer. Although Cloud Integration is a useful feature in Oracle Cloud, it is not used to import or export data from Oracle Profitability and Cost Management Cloud Service. Option 4: Enterprise Integration is an incorrect answer. Although Enterprise Integration is a useful feature in Oracle Cloud, it is not used to import or export data from Oracle Profitability and Cost Management Cloud Service, and apply them to users via the Security Console.

NEW QUESTION # 92
Which feature in Oracle Profitability and Cost Management Cloud Service allows you to estimate future costs?

A. Scenario Management
B. Allocation Rules
C. Cost Engine
D. Driver-Based Modeling

Answer: D

Explanation:
Option 1: Incorrect. Allocation Rules define the logic used to distribute costs, but they do not directly estimate future costs. Option 2: Correct. Driver-Based Modeling in Oracle Profitability and Cost Management Cloud Service allows you to estimate future costs by defining cause-and-effect relationships between drivers and activities. This enables the system to automatically project future costs based on changes in driver values. Option 3: Incorrect. The Cost Engine calculates costs based on allocated drivers and allocation rules, but it does not directly estimate future costs. Option 4: Incorrect. Scenario Management allows you to create different versions of the model, but it does not directly estimate future costs.

NEW QUESTION # 93
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