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Oracle 1Z0-1061-24 Exam Syllabus Topics:

Oracle CX Sales 2024 Implementation Professional Sample Questions:

1. You are creating a report in Oracle Profitability and Cost Management Cloud Service 2023 and need to include data about the cost of goods sold for each product. Which of the following methods should you use to retrieve this data?

A) Create a custom report using the Report Builder tool and include the Cost of Goods Sold account and the Product dimension.
B) Use the Data Management module to import the Cost of Goods Sold data into a separate table in the Oracle Profitability and Cost Management Cloud Service database and then create a report using SQL queries.
C) Export the Cost of Goods Sold data to Excel and use Excel formulas to calculate the cost for each product.
D) Use the built-in Financial Reporting Studio to create a report using the Cost of Goods Sold account and the Product dimension.

2. What is the recommended approach for running allocations in Oracle Profitability and Cost Management Cloud Service 2023?

A) Run allocations sequentially after all data loads are completed.
B) Run allocations in parallel with data loads.
C) Run allocations periodically based on business requirements and data availability.
D) Run all allocations at once to save processing time.

3. What is the recommended way to integrate Oracle Profitability and Cost Management Cloud Service with other applications?

A) Using Oracle Data Integrator Cloud Service
B) Using the REST API provided by the application
C) Creating custom scripts to extract and load data
D) Creating custom scripts to extract and load data

4. Which module maintains the industry hierarchy for territory definition?
Response:

A) Trading Management
B) Partner Management
C) Sales Quota Management
D) Territory Management

5. When setting up models and rules in Oracle Profitability and Cost Management Cloud Service, which statement is true about allocation rules?

A) Allocation rules can only be used for allocation of revenue, not costs.
B) Allocation rules determine how costs are allocated to different objects in the model.
C) Allocation rules can only be applied to children of a specified dimension.
D) Allocation rules are optional and not necessary for the calculation process.

Solutions: