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Oracle CX Sales 2024 Implementation Professional Sample Questions:

1. What is the recommended approach to create a dimension hierarchy in Oracle Profitability and Cost Management Cloud Service?

A) Create each level of the dimension hierarchy individually and define the parent-child relationships manually
B) Use the drag-and-drop feature in the application interface to create a hierarchy
C) Export a dimension hierarchy from a different application and import it using the migration feature
D) Import a dimension hierarchy from a file in the correct CSV format using the data management feature

2. What is the benefit of using the Activity Based Management (ABM) feature in Oracle Profitability and Cost Management Cloud Service?

A) It automatically calculates the cost of product lines.
B) It provides real-time analysis of your profitability and cost information.
C) It enables you to perform what-if analyses to identify improvement opportunities.
D) It allows you to allocate costs based on pre-defined cost drivers.

3. In order to manage profitability in Oracle Profitability and Cost Management Cloud Service, which of the following features allows you to allocate indirect costs to cost objects?

A) Advanced Cost Calculation
B) Allocation Rule
C) Allocations Process
D) Data Management

4. Which of the following statements is true about mapping dimensions in Oracle Profitability and Cost Management Cloud Service?

A) Mapping dimensions is an optional step in setting up a model, and each dimension can only be mapped to one source
B) Mapping dimensions is a mandatory step in setting up a model, and each dimension can only be mapped to one source
C) Mapping dimensions is a mandatory step in setting up a model, and each dimension can be mapped to multiple sources
D) Mapping dimensions is an optional step in setting up a model, and each dimension can be mapped to multiple sources

5. Which hierarchy level is used to define which accounts are revenue, expense, and statistical in a custom application?

A) Dimensionality
B) Account
C) Rule Set
D) Account Type

Solutions: