Certbus > Oracle > Project Financials Management Cloud > 1Z0-1057-22 > 1Z0-1057-22 Online Practice Questions and Answers

1Z0-1057-22 Online Practice Questions and Answers

Questions 4

You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in Microsoft Projects. Identify three conditions that must be met for exporting milestone tasks. (Choose three.)

A. only one labor resource assignment with 100 effort

B. lowest-level tasks set up with non-zero duration

C. lowest-level tasks set up with zero duration

D. only one labor resource assignment with 0 effort

E. percent work complete values of 0 or 100 percent

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Questions 5

Your organization has been awarded a new contract based on which you are allowed to sell: Items not tracked in inventory Inventory items Services Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A. Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".

B. Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based".

C. Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".

D. Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".

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Questions 6

Which two attributes are available while enabling a task as a business object for social networking?

A. Task

B. Project Number

C. Task Number

D. Creation Date

E. Project

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Questions 7

Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two.)

A. project

B. expenditure item

C. project classification

D. project plan type

E. resource

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Questions 8

While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

A. project classification

B. project type

C. project unit

D. project organization

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Questions 9

While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. (Choose two.)

A. You used Create Tree in the action menu.

B. You used Create Tree Version in the action menu.

C. You used View Tree Version in the action menu.

D. You selected the Edit icon for opening the hierarchy.

E. You opened the hierarchy by clicking the name.

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Questions 10

In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice. Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or

created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.

Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

A. The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.

B. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.

C. The project sends only the invoice header to Receivables, not the invoice line description and distributions.

D. The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.

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Questions 11

Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client's expectations. Identify two valid rules based on which cost association works. (Choose two.)

A. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.

B. If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.

C. If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.

D. If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.

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Questions 12

You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

A. Exceptions

B. Accounting Calendar

C. Workday Patterns

D. Time Off

E. Expenditure Type

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Questions 13

Which four notification templates are predefined?

A. Password Reset Template

B. New Account Template

C. Forgot Password Template

D. Forgot Username Template

E. New Account Manager Template

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Questions 14

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 not in the process.

B. The index has been built.

C. The index is in the process of being updated.

D. The most recent update of the index finished successfully.

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Questions 15

When implementing Project Performance Reporting, your customer has the following requirements:

Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.

As long as a project cost is less than the threshold, the project should be shown as on-track. Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)

A. multiple threshold levels

B. single threshold level value

C. single threshold level range

D. multiple threshold level value

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Questions 16

In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A. common costs on the project/task

B. expenditure type exclusions on the Capitalized Interest rate name

C. expenditure type exclusions on the Capitalized Interest rate schedules

D. expenditure items whose cost spreads across multiple assets that are capitalized

E. expenditure items whose costs are applied to a single asset or multiple assets

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Questions 17

You configure one OTBI using Project Cross Subject Area Analysis Real Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To- Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)

A. The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.

B. The Bill-To-Customer dimension applies only to Revenue and Invoice measures.

C. The Contract and Contract Line dimensions apply only to Invoice measures.

D. The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.

E. The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.

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Questions 18

Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

A. Enable track missing time at project unit.

B. Enable track missing time at project type.

C. Enable track missing time at project template.

D. Enable track missing time at business unit.

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Exam Code: 1Z0-1057-22
Exam Name: Oracle Project Management Cloud 2022 Implementation Professional
Last Update: Apr 19, 2024
Questions: 91 Q&As

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