1Z0-1057-22 Online Practice Questions and Answers

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

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.)

A. Manage Project Unit Organizations

B. Mange Business Unit

C. Manage Project Organization Classifications

D. Mange Project Types

E. Manage Project Unit Options

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.

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.)

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".

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.

Which three are parameters that are based on which the system identifies the new resources?

A. Department

B. Project Unit

C. Jobs

D. Business Unit

E. Organization

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.

Select two correct statements about project classifications on a template. (Choose two.)

A. Set Code is not required for a project class category in a project classification.

B. Project Classification is a mandatory field on a project template.

C. When a project is created from a template, the required project classifications must be entered.

D. Project class category in a project classification must be associated with a Set Code.

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.

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.

Which application generates external roles to grant both function and data security? (Choose the best answer.)

A. Authorization Policy Manager

B. Oracle Identity Manager

C. Business Process Manager

D. Functional Setup Manager