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NEW QUESTION 43
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)
- A. Allocate rental costs once each accounting period by using the "full" allocation method.
- B. Define allocation basis by using Actual Amounts with a project-to-date amount class.
- C. Define allocation basis by using Actual Amounts with a period-to-date amount class.
- D. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
- E. Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
Answer: A,C,D
NEW QUESTION 44
Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)
- A. Cascade change to the start date and the finish date.
- B. Cascade change to the finish date.
- C. Cascade change to the start date.
- D. Do not cascade date changes.
Answer: C
Explanation:
Reference https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-control-configuration-manage-financial-and-project-plan-types.html#OAPFM79055 Topic - Project Date Cascade Options Use the Cascade option choice list to determine whether your changes to project dates cascade to tasks.
Use the Basic Information region on the Edit Project Template page to select one of the following options:
Do not cascade project date changes to tasks: Both start and finish dates are editable. However, you must ensure the following:
The project start date is not later than the earliest task date.
The project finish date is not earlier than the latest task date.
Cascade project start date change to affected tasks: You can edit only the project start date.
Cascade project finish date change to affected tasks: You can edit only the project finish date.
Do not cascade project date changes to tasks is the default value. You must select the cascade option each time you change the project dates, as your selection isn't saved for future date changes.
If you select to roll up planned dates for tasks or are using an external application for scheduling, then you can't modify the project start or finish dates.
NEW QUESTION 45
Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)
- A. Receipt Accounting
- B. Fixed Asset
- C. Purchasing
- D. Payables
Answer: A,C,D
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-costing-configuration-define-project-costing-integrations.html#OAPFM3094605 Topic - Deriving Projects-Related Accounts
NEW QUESTION 46
Your customer has separate organizations to maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement. (Choose two.)
- A. Project Accounting Business Function
- B. Project Organization Classification
- C. Business Unit
- D. Project Type
- E. Organization Tree
Answer: B,E
Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1225328.htm
NEW QUESTION 47
Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)
- A. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
- B. The current period start date is used for calculating labor demand for the current year.
- C. The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.
- D. The current date is used for calculating labor demand for the current year.
Answer: D
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/analyze-project-management-performance.html#OAPEM1313471 Topic - Project Labor Demand: How It's Calculated Settings That Affect Project Labor Demand Project application administrators must do the following to set up how project labor demand is calculated:
Organize projects into hierarchical groups on the Manage Enterprise Project Structure page.
Change the quarterly FTE hours for the organization on the Define Project Management Implementation Options page, if different from 520 hours.
Note: You can choose to view labor demand annually instead of quarterly. The Project Hierarchy Viewer uses the current date to determine which year or quarter to display.
NEW QUESTION 48
Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)
- A. The US and UK business units are linked to different ledgers than the China business unit.
- B. The application role relevant to the China business unit is not assigned to the project accountant.
- C. The project accountant is not assigned to the external role that grants access to the China business unit.
- D. The China business unit is associated with a different legal entity than the US and UK business units.
Answer: C
NEW QUESTION 49
Identify three correct statements about project types. (Choose three.)
- A. Classifications can be assigned at project type.
- B. Summarization options can be specified at project type.
- C. Project type can be enabled for both billing and capitalization.
- D. Project type can be used as a source in subledger accounting.
- E. Project type can be associated with multiple project units.
Answer: A,C,D
NEW QUESTION 50
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem. (Choose two.)
- A. Pending burden summarization items have not been processed.
- B. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
- C. Unaccounted transactions have not been swept to the next period.
- D. Unaccounted transactions are not imported.
- E. The corresponding Oracle Payables Cloud accounting period has not been closed.
Answer: B,C
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjb/record-accounting-for-project-billing.html#OAPJB340382 Topic - Accounting Period and Project Accounting Period Closing: How Validation Works
NEW QUESTION 51
Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two)
- A. Use the predefined S-Curve spread with small deviations on the spread points.
- B. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
- C. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
- D. Use the predefined Bell Curve spread with small deviations on the spread points.
Answer: C,D
NEW QUESTION 52
You want to create a few project roles so as to restrict access in the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (Choose two.)
- A. Project Team Member - Security based on Project Assignment
- B. Project Billing Specialist - Security based on Contract BU
- C. Project Executive - Security based on Project Hierarchy
- D. Project Manager - Security based on Project Assignment
- E. Project Accountant - Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
Answer: A,D
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faser/implementing-security-in-oracle-fusion-project-portfolio-management.html#FASER1840867
NEW QUESTION 53
You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)
- A. USD 134
- B. USD 184
- C. USD 70
- D. USD 120
Answer: C
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjb/manage-project-contract-revenue.html#OAPJB164173 Associated Project Percent Spent Example The following formula calculates the percent spent revenue for the associated project.
((Sum of ITD Actual Cost for every subtask that is part of the associated task / Sum of Total Budgeted cost for every task that is part of associated task) x Associated Project Funded Amount) - Sum of Existing Invoice Event Amounts for the Associated Project ((60/300) x 750) - 80 = 70 ((Actual Cost / Budgeted Cost) x Budgeted Revenue) - Sum of Revenue Event Amount
NEW QUESTION 54
Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)
- A. If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
- B. If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.
- C. If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
- D. If the "Allow resource changes at project level" option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
Answer: D
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/implementing-project-financial-management-applications.html#FAPFM969761 Topic - Entering Planning Resource Breakdown Structure Details Click Navigator > Setup and Maintenance, and search for the Manage Planning and Billing Resource Breakdown Structures task.
Click the Manage Planning and Billing Resource Breakdown Structures link.
Use the Manage Planning and Billing Resource Breakdown Structures page to create new planning resource breakdown structures and to review existing planning and billing resource breakdown structures.
Click the Create icon in the Planning Resource Breakdown Structures section.
Use the Create Planning Resource Breakdown Structure: Basic Information page to provide basic resource breakdown structure information including the name, active dates, and project unit.
Enter a planning resource breakdown structure name and select a date from which the resource breakdown structure is available for use.
Optionally, provide a description and a date to which the planning resource breakdown structure is available for use.
Select a project unit. Only projects created for the selected project unit can use this planning resource breakdown structure.
If you want to allow project managers to add planning resources at the project level, then select the Allow resource changes at project level check box.
Tip: Changes at the project level don't move back to the parent planning resource breakdown structure. Deselect this option to ensure all project using the planning resource breakdown structure use the same resources.
Optionally, select a Job Set as a source of jobs for creating planning resources on your planning resource breakdown structure.
Click Save.
NEW QUESTION 55
Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)
- A. Expenditure Type
- B. Contract Line
- C. Contract Header
- D. Projects
- E. Task
Answer: B,D,E
Explanation:
Reference https://docs.oracle.com/cloud/farel9/projectcs_gs/FAUAR/F1537947AN10251.htm
NEW QUESTION 56
Which two statements are true about a project in "Draft" status? (Choose two.)
- A. Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
- B. Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
- C. Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
- D. Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
Answer: B,D
Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEM/OAPEM1122096.htm The following table lists the project statuses and what you can do with projects in that status.
Project Status
What you can do?
Draft
Project managers can view draft projects in the Project Manager Dashboard and use the projects for requirements planning.
Team members can't see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
Active
Project managers can view active projects in the Project Manager Dashboard and use the projects for requirements planning, project execution, and reporting.
Team members can view task assignments on active projects on the Team Member Dashboard and My Work area.
Pending Close
Project managers can view pending projects in the Project Manager Dashboard and use the projects for project tracking, and reporting.
Team members can view task assignments on pending projects on the Team Member Dashboard and My Work area.
Submitted
Project managers can view submitted projects in the Project Manager Dashboard and use the projects for project tracking, and reporting.
Team members can view task assignments on submitted projects on the Team Member Dashboard and My Work area Closed Project managers can't view closed projects in the Project Manager Dashboard or use the projects for requirements planning, project execution, and reporting.
Team members can't view tasks of closed projects on the Team Member Dashboard or in the My Work area.
NEW QUESTION 57
Which five steps are required for the File-Based Data Import Integration option?
- A. Install an Excel add-in.
- B. Download an Excel template.
- C. Run Process to transfer data to interface tables.
- D. Upload the file to the server.
- E. Populate the spreadsheet with data and generate a CSV file.
- F. Import data into various applications.
Answer: A,B,C,D,E
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oefpp/overview.html#External_Data_Integration_Services_for_Oracle_Cloud_Overview
NEW QUESTION 58
Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these class categories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)
- A. Class codes should be assigned to project unit.
- B. Class codes should be associated with a related set code.
- C. Class categories should be assigned to project type.
- D. Class categories should be assigned to business unit.
Answer: B,C
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-foundation-configuration-manage-project-types.html#OAPFM360164 Topic - Associating Project Types and Class Categories: Examples Project classifications group your projects according to categories and codes that you define. When you associate project classifications with project types, the classification is available for selection on projects with that project type.
Use any of the following methods to associate class categories with project types:
Add a classification to the project type definition
For each classification that you associate with the project type, you can enable the Assign to All Projects option to automatically add the classification to the project definition for all new projects with the project type. When this option is enabled, all projects with this project type must be assigned a class code for the class category.
Add a project type to the class category definition
Enable the Assign to all Project Types option on the class category definition
NEW QUESTION 59
Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement. (Choose the best answer.)
- A. Supporting References
- B. Journal Rules
- C. Mapping Sets
- D. Accounting Method
- E. Accounting Rule
Answer: A
Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125357.htm#OAPFM1125357 Assignment of Supporting References Supporting references may be used to capture transaction values on journal entry lines. A supporting reference can be used on a journal entry rule set only if it's assigned a source from the event class of the journal entry rule set.
Creating Supporting References: Explained
Supporting references are used to store additional source information about a subledger journal entry at the line level.
Supporting references with balances establish subledger balances for a particular source and account for a particular combination of supporting references plus the account combination.
For example:
If a journal line contains a supporting reference that includes two sources, Customer Type and Customer Name.
Balances are created for the account combination, plus customer name and customer type.
Examples of how you may want to use supporting reference balances are to:
Facilitate reconciliation back to the subledgers and source systems by tagging journal entries with transaction and reference attributes.
Create balances by dimensions not captured in the chart of accounts.
Reporting using dimensions not captured in the chart of accounts.
Enrich Oracle Fusion Business Intelligence Applications reporting on subledger journals.
Profit and loss balances by dimensions not captured in the chart of accounts Define supporting references to hold additional supporting information for detailed account balance maintenance or reconciliation and reporting requirements.
NEW QUESTION 60
After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task list scope, which you must consider before taking a decision based on the customer requirement. (Choose two.)
- A. A task list can be segmented by a scope value and a task can be performed for each qualifying value of the selected object.
- B. Exported setup data can be filtered by specific scope values if the business object has scope enabled for the setup data export.
- C. Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.
- D. A scope value is used to assign users who can perform a task within an implementation project.
Answer: A,B
Explanation:
Reference https://docs.oracle.com/cd/E60665_01/common/OAFSM/OAFSM1166430.htm#OAFSM1166426
NEW QUESTION 61
You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error message: "The search for resources cannot be completed because the project resource search index is not available. Contact your help desk." Identify the cause for this error message. (Choose the best answer.)
- A. The index is in the process of being updated.
- B. The index has been built.
- C. The most recent update of the index finished successfully.
- D. The index is not in the process.
Answer: A
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/implementing-project-execution-management-applications.html#FAPFM1724547 Topic - Submitting the Process to Maintain Project Resource Search Index: Procedure Submit the Maintain Project Resource Search Index job set to update the resources that appear on the Search and Evaluate Resources page when a resource manager searches for resources to fulfill project resource requests. The job set consists of a set of processes that facilitate efficient and rapid searches for qualified resources.
Resource managers can't search for resources or view resource details if the search index isn't available for a project resource request with qualifications or keywords. For project resource requests without qualifications and keywords, resource managers can search for and evaluate resources based on resource availability even if the search index isn't current or available.
Caution: The search index isn't available if the Maintain Project Resource Search Index job set process fails, or while the process is running.
NEW QUESTION 62
Which application generates external roles to grant both function and data security? (Choose the best answer.)
- A. Functional Setup Manager
- B. Authorization Policy Manager
- C. Oracle Identity Manager
- D. Business Process Manager
Answer: C
Explanation:
Authorization Policy Manager (APM)
APM greatly simplifies the creation, configuration, and administration of application policies APM does not support the management of users and external roles; these artifacts can only be viewed with the tool. Their provision and management is typically accomplished using Oracle Identity Manager Oracle Identity Manager (OIM) In regard to enterprise users and external roles, Authorization Policy Manager provides viewing and searching functionality only. To manage users and external roles, use Oracle Identity Manager or some other identity management tool.
OIM provision users, roles, and defines what a user can do in Oracle Cloud Duty Roles are mapped to jobs and assigned access privileges (Data Security)
NEW QUESTION 63
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