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1z0-1057-22 Oracle Project Management Cloud 2022 Implementation Professional Questions and Answers

Questions 4

Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page. An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)

Options:

A.

The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.

B.

For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic order based on the condition name.

C.

For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.

D.

The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.

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Questions 5

You have defined two expenditure types, but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)

Options:

A.

The two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed.

B.

The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.

C.

The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.

D.

The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.

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Questions 6

Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, they decide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category “Funding Source” and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

Options:

A.

Funding source class category is assigned to all project types.

B.

Funding source class category is not enabled for “available as accounting source”.

C.

Product class category is not enabled for “available as accounting source”.

D.

Funding source class category is enabled for “available as accounting source”.

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Questions 7

A project administrator is trying to assign a team member for a project but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)

Options:

A.

The employee is not assigned to the project-owning organization.

B.

The employee is not assigned with a supervisor.

C.

Project roles are not assigned in the project.

D.

The employee is not assigned to a department.

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Questions 8

You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.

Which two are correct statements in this scenario? (Choose two.)

Options:

A.

The association of a deliverable with a task is dependent on associating a requirement with a task.

B.

You associate a deliverable with a task independent of associating a requirement with a task.

C.

A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.

D.

A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.

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Questions 9

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.)

Options:

A.

Accounting Method

B.

Journal Rules

C.

Supporting References

D.

Accounting Rule

E.

Mapping Sets

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Questions 10

You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract. (Choose the best answer.)

Options:

A.

On Hold > Pending Acceptance > Active

B.

On Hold > Pending Approval > Active

C.

Pending Approval > Pending Acceptance > Active

D.

Pending Acceptance > Pending Approval > Active

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Questions 11

You are trying to create a custom infolet but are not able to find the "Create Infolet" option in the Infolet repository window. Which two steps should be completed before you can access the "Create Infolet" option?

Options:

A.

You must activate Page Composer.

B.

You should be on the Project Custom Objects page.

C.

You must be in an active sandbox.

D.

You should enable the "Create Infolet" option from the Personalize Springboard page.

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Questions 12

Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.

Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

Options:

A.

Daily Spread Basis

B.

Back Loaded

C.

Bell Curve

D.

S-Curve

E.

Even

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Questions 13

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.)

Options:

A.

project classification

B.

project type

C.

project unit

D.

project organization

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Questions 14

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.)

Options:

A.

Cascade change to the start date.

B.

Do not cascade date changes.

C.

Cascade change to the finish date.

D.

Cascade change to the start date and the finish date.

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Questions 15

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

Options:

A.

Task

B.

Project Number

C.

Task Number

D.

Creation Date

E.

Project

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Questions 16

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.)

Options:

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 17

As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.

What is the reason for this problem?

Options:

A.

Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.

B.

Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.

C.

You can enable automatic reprocessing of expenditure items processed before the burden schedule change.

D.

All expenditure items charged to the task use the new burden schedule.

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Questions 18

What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)

Options:

A.

Manage Project Unit Organizations

B.

Mange Business Unit

C.

Manage Project Organization Classifications

D.

Mange Project Types

E.

Manage Project Unit Options

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Exam Code: 1z0-1057-22
Exam Name: Oracle Project Management Cloud 2022 Implementation Professional
Last Update: Feb 22, 2024
Questions: 126
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