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NEW QUESTION 1
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.

Answer: AD

NEW QUESTION 2
Your business user has created a purchase order (PO) that has the following attributes: Accrue at Receipt = Yes
Matching Option = 2 way Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the “Import and Process Cost transactions” ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as “Oracle Payables”. The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

  • A. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
  • B. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
  • C. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
  • D. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.

Answer: BC

NEW QUESTION 3
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.

Answer: D

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/faopm/subjectareas.html#Projects_ Analyze real-time information on project performance, including budgets, forecasts, costs, commitments,
revenue, and invoices.
This subject area analysis allows cross subject area analysis between Funding, Invoices, Revenue, Budget, forecasts, Costs areas.

NEW QUESTION 4
Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates will be populated in such invoices? (Choose two.)

  • A. Accounting date is the same as the original invoice date.
  • B. Project accounting date is the same as the original invoice date.
  • C. Project accounting date is the first day of the first open project accounting period.
  • D. Project accounting date is the last day of the open project accounting period.
  • E. Accounting date is the first day of the first open accounting period.

Answer: BE

NEW QUESTION 5
You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?

  • A. Assign tasks to various users who are responsible for managing setup data.
  • B. Monitor the progress of completing setup tasks.
  • C. Select the offering you want to implement.
  • D. Generate a list of setup tasks.
  • E. Enable optional functional areas and features by opting in.

Answer: AD

NEW QUESTION 6
Which three file-based data imports are available for use in Oracle Project Portfolio Management Cloud?

  • A. Project Budgets
  • B. Project Tasks
  • C. Project Billing Events
  • D. Project Templates

Answer: ABC

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oefpp/toc.htm

NEW QUESTION 7
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 associated with a related set code.
  • B. Class categories should be assigned to business unit.
  • C. Class categories should be assigned to project type.
  • D. Class codes should be assigned to project unit.

Answer: AC

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-foundation-configuratio

NEW QUESTION 8
Which three are true of what you can do in the Project Requirements work area?

  • A. Create an implementation project.
  • B. Organize backlog items by requirements.
  • C. Create an execution project.
  • D. Create project tasks for backlog items.
  • E. Manage your list of backlog items.

Answer: BDE

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/manage-project-requirements.ht
Project Requirements: Explained
Requirements enable you to capture your business needs. If you manage projects using the Agile development methodology, you start by identifying the high-level requirements and decomposing them further to manage the completion of work on the requirement.
You use the Project Requirements work area to:
1Z0-1057 dumps exhibit Organize backlog items by requirements
1Z0-1057 dumps exhibit Manage your list of backlog items
1Z0-1057 dumps exhibit Create project tasks for backlog items

NEW QUESTION 9
Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

  • A. Calendar Types
  • B. Project Accounting Periods
  • C. Accounting Periods
  • D. PA Calendar
  • E. PA-GL Periods

Answer: BC

Explanation:
Reference https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_87F467307D50416BE040D30A68816855
Spread curves let you distribute quantity, cost, and revenue amounts automatically across accounting or project accounting periods. You assign a spread curve to each resource class. Planning resources (in the planning resource breakdown structure) inherit the spread curve setting from the associated resource class. You can change the spread curve for the planning resource and for any corresponding task assignments, or budget or forecast lines.

NEW QUESTION 10
As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

  • A. Pool Membership
  • B. attributes that the project enterprise resources are assigned after creation
  • C. Jobs
  • D. Person Type

Answer: D

Explanation:
Reference https://docs.oracle.com/cloud/farel8/projectcs_gs/OAPEX/F1082603AN23E61.htm
Manage Project Enterprise Labor Resource Maintenance Conditions
Project Enterprise Labor Resources: How They Are Automatically Created and Maintained
Run the Maintain Project Enterprise Labor Resources process to create resources, remove resource availability for staffing, and maintain the resource search index.
Settings That Affect the Maintain Project Enterprise Labor Resources Process
Create and maintain project enterprise labor resources by defining a set of conditions that specify the employees and contingent workers in Oracle Fusion Human Capital Management (HCM) to create as resources in Oracle Fusion Project Portfolio Management. Define the resource attribute values, such as the resource calendar and primary project role, to assign to the new resources.
The following table lists the criteria that you define for selecting HCM persons to create as project enterprise labor resources.
Selection Criteria Description Person type
Select the HCM person type for the process to use as criteria when selecting HCM persons to create as resources. Available person types are employees, contingent workers, or both employees and contingent workers.
Option to select people based on job
Select this option for the process to create resources for HCM persons with specific jobs.
Caution If you do not select job criteria for this condition, the process will create resources for all eligible people based only on the person type.
Jobs
If you selected the option to select people based on job, then select the jobs for the process to use as HCM person selection criteria.
The following table lists the attributes for which you specify values to assign to resources that are created for the condition.
Resource Attribute Description
Option to manage resource availability and staffing
Select this option for resource managers to manage the availability and project staffing of resources who are created based on the condition. Resources who are managed in Oracle Fusion Project Resource Management are eligible to fulfill project resource requests.
Calendar
Select the resource calendar for resources that are created based on the condition. The resource calendar defines the work schedule for project enterprise labor resources, and includes working days and hours and any exceptions, such as holidays.
Primary project role
Select the primary project role for resources that are created based on the condition. Project roles are maintained in Oracle Fusion Project Management.
Cost rate and currency
Enter the cost rate and currency for resources that are created based on the condition. Bill rate and currency
Enter the bill rate and currency for resources that are created based on the condition.

NEW QUESTION 11
You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish? (Choose two.)

  • A. Enter progress for tasks.
  • B. Receive email notifications about changes that team members make to a task.
  • C. View task details and the task activity stream.
  • D. Edit task details.

Answer: BC

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/execute-project-tasks-and-deliv
Followers are persons who aren't working on the task but have an interest in reviewing the task progress. Only the resources and other followers can add followers to a task. If a resource assigns the task to another team member, the application automatically changes the original resource to a follower.
What's the difference between my tasks and tasks that I follow?
1Z0-1057 dumps exhibit You can edit task details and enter progress for your tasks on the Manage Tasks page. If a task has multiple resources, only the primary resource can edit the task.
1Z0-1057 dumps exhibit When you follow a task, you can view the task details and see the task activity stream. You receive e-mail notifications of changes that team members make to the task.
1Z0-1057 dumps exhibit If a resource reassigns the task to another team member, then the previous resource automatically becomes a follower.

NEW QUESTION 12
Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

  • A. Create a revenue method with a revenue method classification of Amount Based.
  • B. Create a revenue method with a revenue method classification of Rate Based.
  • C. Create a revenue method classification with a revenue method of Percent Spent.
  • D. Create a revenue method classification with a revenue method of Percent Complete.

Answer: B

NEW QUESTION 13
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. Exported setup data can be filtered by specific scope values if the business object has scope enabled for the setup data export.
  • B. Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.
  • C. A scope value is used to assign users who can perform a task within an implementation project.
  • D. A task list can be segmented by a scope value and a task can be performed for each qualifying value of the selected object.

Answer: AD

Explanation:
Reference https://docs.oracle.com/cd/E60665_01/common/OAFSM/OAFSM1166430.htm#OAFSM1166426

NEW QUESTION 14
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 184
  • B. USD 120
  • C. USD 134
  • D. USD 70

Answer: D

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjb/manage-project-contract-revenue
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 15
Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)

  • A. Event completion flows from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
  • B. Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
  • C. Summarized actual quantity and cost flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
  • D. Projects and task definitions flow from Oracle Project Portfolio Management Cloud to Primavera P6Enterprise Project Portfolio Management.
  • E. Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.

Answer: ACD

Explanation:
Ref: https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125394AN6D254.htm
Primavera P6 Enterprise Project Portfolio Management and Oracle Fusion Project Portfolio Management: How They Work TogetherUse Oracle Fusion Project Integration Gateway to integrate Oracle Fusion Project Portfolio Management with Primavera P6 Enterprise Project Portfolio Management. The integration enables project accountants, project billing specialists, and executives to centrally perform project costing, billing, accounting, and executive reporting tasks in Oracle Fusion Project Portfolio Management while enabling each project manager to perform detailed project planning and scheduling in Primavera P6 Enterprise Project Portfolio Management.
Oracle Fusion Project Integration Gateway ensures data security, integrity, and efficiency by defining a set framework in which data is exported from and imported into Oracle Fusion Project Portfolio Management.
The following table and diagram provide an overview of the flow of information.
Information Type From Application To Application
Global integration information
Oracle Fusion Project Portfolio Management Primavera P6 Enterprise Project Portfolio Management Projects and task definition
Oracle Fusion Project Portfolio Management Primavera P6 Enterprise Project Portfolio Management Summarized project actual quantity and cost
Oracle Fusion Project Portfolio Management Primavera P6 Enterprise Project Portfolio Management Project plans and progress
Primavera P6 Enterprise Project Portfolio Management
Oracle Fusion Project Portfolio Management Billing events
Oracle Fusion Project Portfolio Management Primavera P6 Enterprise Project Portfolio Management Event completion
Primavera P6 Enterprise Project Portfolio Management Oracle Fusion Project Portfolio Management

NEW QUESTION 16
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. Accounting Method
  • B. Journal Rules
  • C. Supporting References
  • D. Accounting Rule
  • E. Mapping Sets

Answer: C

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:
1Z0-1057 dumps exhibit If a journal line contains a supporting reference that includes two sources, Customer Type and Customer Name.
1Z0-1057 dumps exhibit 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:
1Z0-1057 dumps exhibit Facilitate reconciliation back to the subledgers and source systems by tagging journal entries with transaction and reference attributes.
1Z0-1057 dumps exhibit Create balances by dimensions not captured in the chart of accounts.
1Z0-1057 dumps exhibit Reporting using dimensions not captured in the chart of accounts.
1Z0-1057 dumps exhibit Enrich Oracle Fusion Business Intelligence Applications reporting on subledger journals.
1Z0-1057 dumps exhibit 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 17
Which three features are part of Oracle Fusion Functional Setup Manager?

  • A. feature opt-in for a best fit configuration
  • B. export and import services for setup data migration between environments
  • C. guided task list for end-to-end setup requirements
  • D. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
  • E. modifying an existing implementation project task list by selecting more functional areas when needed

Answer: ABC

Explanation:
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/oafsm/applications-cloud-using-func Functional Setup Manager offers the following:
• Standardized application configuration and setup experience
• Feature opt-in for a best fit configuration
• Flexible processes for managing setup:
Setup by functional areas for an adopt-as-you-go approach Implementation projects to manage setup
Upload file to enter setup data in bulk
• Guided task list for end-to-end setup requirements
• Export and import services for setup data migration between environments
• Comprehensive reporting on setup data

NEW QUESTION 18
Your customer wants a team member who is assigned to a project to be able to create and submit a forecast, but not to be able to approve the forecast. What is the default project role that you should assign to the person in the project to meet this requirement? (Choose the best answer.)

  • A. Project Manager
  • B. Project Administrator
  • C. Project Application Administrator
  • D. Project Accountant

Answer: B

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjm/project-administrator-job-role.ht
Project Manager has duty role ‘Project Forecast Approval Duty’ assigned but
Project Administrator has duty role ‘Project Forecast Inquiry Duty’ – no approval authority
Both roles have duty role ‘Project Forecast Management Duty’ which enables them to Allow creation, submission, update, and deletion of working versions of project forecasts. (Cloud _Roles_Duties.xlsx)

NEW QUESTION 19
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-2021.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

  • A. The current period start date is used for calculating labor demand for the current year.
  • B. The current date is used for calculating labor demand for the current year.
  • C. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
  • D. 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.

Answer: B

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/analyze-project-management-pe

NEW QUESTION 20
You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choose two.)

  • A. Transfer price basis must be Raw Cost and calculation method must be Basis Only.
  • B. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
  • C. A document entry such as straight time must be enabled for cross-charge transactions.
  • D. Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.

Answer: AC

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-billing-configuration-de

NEW QUESTION 21
You are trying to create a project purchase order (PO) but you are unable to select Expenditure Organization in the PO. Identify two reasons for this problem. (Choose two.)

  • A. The organization is not classified as a project-owning organization.
  • B. The organization is not classified as a project expenditure organization.
  • C. The organization is not included in the organization tree that is assigned to the business unit that owns the PO.
  • D. The organization is classified as a project unit.

Answer: BC

Explanation:
Ref: Implementing-Project-Financial-Management-and-Grants-Management.pdf Chapter 3 – Define Project Organizations Page # 12

NEW QUESTION 22
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

  • A. Position
  • B. Dynamic
  • C. Static
  • D. Flexfield
  • E. Job

Answer: C

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/applications-common/19b/facia/define-approval-management.html#FACI

NEW QUESTION 23
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