Oracle Planning and Collaboration Cloud 2024 Implementation Professional Quiz 03 15Nov24 - Practice Quiz

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Question 1 of 30

A financial analyst is preparing a quarterly report using data from the Oracle Planning and Collaboration Cloud. During the data validation phase, they discover several entries with inconsistent date formats and some missing values in critical fields. What is the most effective approach for the analyst to ensure the integrity of the data before proceeding with the report?

Implement a data cleansing routine that standardizes date formats and fills in missing values based on predefined rules.

Manually correct the date formats and input the missing values based on the analyst's best judgment.

Ignore the inconsistencies and proceed with the report, noting the potential issues in the analysis section.

Request additional data from the sales team to replace the missing values and hope that the date formats are consistent in the new data.

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