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Oracle CX Sales 2024 Implementation Professional Sample Questions:

1. Which feature of Oracle Profitability and Cost Management Cloud Service allows users to allocate costs for different types of activities?

A) Driver-based costing
B) Direct costing
C) Activity-based costing
D) Profitability analysis

2. In Oracle Profitability and Cost Management Cloud Service (PCMCS), what is the purpose of the 'Centralized Data Store'?

A) It is a feature that enables you to define metadata and hierarchies for your application.
B) It is a tool that allows you to perform what-if scenario analysis.
C) It is a repository of data from different sources that can be used for reporting and analysis.
D) It is a module that allows you to import and validate data from various sources.

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

4. When creating a report in Oracle Profitability and Cost Management Cloud Service, which of the following is a valid way to filter data?

A) Applying a filter to an individual column in the report
B) Using a filter date range in the report
C) Using a filter SQL statement in the report
D) Filtering data by a custom calculation in the report

5. Which of the following statements accurately describes the role of allocation rules in Oracle Profitability and Cost Management Cloud Service and their impact on financial performance analysis?

A) Users must manually define every allocation rule, which can lead to incorrect financial performance analysis due to human error.
B) All allocation methods in Oracle Profitability and Cost Management Cloud Service use the same process, regardless of the complexity of the allocation logic. This maintains consistency in financial performance analysis.
C) Allocation rules only work with direct costs. They cannot be used to allocate indirect costs. This means that they are not useful for accurate financial performance analysis.
D) Allocation rules allow administrators to define various allocation methods to assign indirect costs to various activities, departments, products and customers to help manage profitability analysis.

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