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Updated Oracle1Z0-1061-24 Exam Questions in PDF Format for Quick Preparation

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Oracle CX Sales 2024 Implementation Professional Sample Questions (Q303-Q308):

NEW QUESTION # 303
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 offers a centralized location to store and manage user credentials for authentication purposes.
B. It manages all security artifacts such as policies, roles, and permissions within the system.
C. It provides a way to configure user access to individual application functions and screens.
D. It facilitates secure communication between the client and server through SSL/TLS encryption.

Answer: A

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 # 304
What is the correct method to integrate data from external systems into Oracle Profitability and Cost Management Cloud Service?

A. Using the External Data Source feature
B. Using the Data Integration Platform Cloud service
C. Using the Data Import Wizard
D. Using the Smart Data Integration feature

Answer: A

Explanation:
Option 1: Correct. The Data Import Wizard is the recommended method to integrate data from external systems into Oracle Profitability and Cost Management Cloud Service. It allows you to easily import data in various formats such as CSV, Excel, and text. Option 2: Incorrect. The External Data Source feature in Oracle Profitability and Cost Management Cloud Service is used to define connections to external data sources, but it does not directly integrate data from those sources. Option 3: Incorrect. The Smart Data Integration feature in Oracle Profitability and Cost Management Cloud Service is used for real-time data integration and replication, not for initial data import from external systems. Option 4: Incorrect. The Data Integration Platform Cloud service is a separate service that provides comprehensive data integration capabilities, but it is not specifically designed for integrating data into Oracle Profitability and Cost Management Cloud Service.

NEW QUESTION # 305
When integrating Oracle Profitability and Cost Management Cloud Service with other applications, which of the following options is recommended for data extraction from source systems?

A. Extraction using Oracle Data Integrator (ODI)
B. Extraction using Oracle E-Business Suite (EBS) interfaces
C. Extraction using Oracle Financials Cloud APIs
D. Direct extraction from source systems using SQL queries

Answer: A

Explanation:
Option 1: Incorrect. Direct extraction from source systems using SQL queries is not recommended as it can be complex, time- consuming, and prone to errors. Option 2: Correct. Extraction using Oracle Data Integrator (ODI) is recommended for data extraction from source systems. ODI provides a robust and efficient way to extract data from various sources, transform it, and load it into Oracle Profitability and Cost Management Cloud Service. Option 3: Incorrect. Extraction using Oracle Financials Cloud APIs is not recommended as it may not provide all the necessary data required for profitability and cost analysis. Option 4: Incorrect. Extraction using Oracle E-Business Suite (EBS) interfaces is not recommended as it may not be suitable for non- Oracle source systems and may not provide all the necessary data required for profitability and cost analysis.

NEW QUESTION # 306
In the Creating Applications and Dimensions section of the Oracle Profitability and Cost Management Cloud Service 2023 Implementation Professional exam, what is the best practice for creating dimensions?

A. Only create dimensions that are directly related to the specific requirements of the applications
B. Avoid creating dimensions altogether and use the default dimensions provided by the system
C. Create as many dimensions as possible to provide flexibility for future changes
D. Use the same dimensions across all applications to ensure consistency

Answer: A

Explanation:
Option 1: Correct. The best practice for creating dimensions is to only create dimensions that are directly related to the specific requirements of the applications. This ensures that dimensions are not cluttered with unnecessary attributes and improves performance. Option 2: Incorrect. Creating as many dimensions as possible may lead to cluttered dimensions and decreased performance. It is best to only create dimensions that are directly related to the specific requirements of the applications. Option 3: Incorrect. Using the same dimensions across all applications may lead to inconsistency in data and can limit the flexibility of each application. It is best to create dimensions based on the specific requirements of each application. Option 4: Incorrect. Avoiding the creation of dimensions altogether and using the default dimensions provided by the system may not meet the specific requirements of the applications and limit flexibility. It is best to create dimensions based on the specific requirements of each application.

NEW QUESTION # 307
Which feature of Oracle Profitability and Cost Management Cloud Service allows you to integrate with other applications and import data from external sources?

A. Data Integration Manager
B. Data Connector
C. Data Load Rule

Answer: B

Explanation:
Option 1: Incorrect. The Data Integration Manager is not a feature that allows integration with other applications and importing data from external sources. Option 2: Correct. The Data Connector feature in Oracle Profitability and Cost Management Cloud Service allows you to integrate with other applications and import data from external sources. It provides a flexible and scalable method for importing data into your application. Option 3: Incorrect. The Data Load Rule is not a feature that allows integration with other applications and importing data from external sources. Option 4: Incorrect. The Data Import Wizard is not a feature that allows integration with other applications and importing data from external sources.

NEW QUESTION # 308
......

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