1Z0-1057-23 Online Practice Questions and Answers

Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand. (Choose two.)

A. Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.

B. Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.

C. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.

D. Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.

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

You have four resources in your organization: P, Q, R, and S.

Resource P -Project or resource calendar is active.

Resource Q -Project resource request dates are within the project or resource calendar effective dates.

Resource R -Resource calendar is complex, it does not contain seven days, and it contains more than one pattern and shift.

Resource S -Number of working days within the requested date range is not zero on the project or resource calendar.

Identify the resource for whom Resource Availability Capacity Score will not be calculated. (Choose the best answer.)

A. P

B. Q

C. R

D. S

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?

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.

Your customer has the following setups on the project plan type that they are using for their projects:

Use Task Planned Dates as Task Assignment Dates = Yes

Automatically Roll Up Task Planned Dates = Yes

Synchronize Task Transaction Dates with Planned Dates = No

With these setups in place, you perform the following actions:

1.

Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of 01-Jul-2016.

2.

Create another new subtask (Sub Task 2) after the previous action is saved.

What would the correct behavior of the application be after these actions? (Choose the best answer.)

A. After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task 2 would be created with 15-Jun-2016.

B. After the creation and saving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub Task 2 would be created with 01-Jul-2016.

C. After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task 2 would be created with 15-Jun-2016.

D. Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on both subtasks would remain 15-Jun-2016.

Shift is one of the key elements in defining project and resource calendars.

Which two additional key elements are required to define the project and resource calendars? (Choose two.)

A. Schedule Exceptions

B. Workday Patterns

C. Time off

D. Expenditure Type

E. Accounting Calendar

Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)

A. Expenditure Type

B. Projects

C. Contract Line

D. Contract Header

E. Task

A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:

Dr Unbilled Receivables 40,000

Cr Revenue 40,000

At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)

A. Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000

B. Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000

C. Dr Accounts Receivables 40,000Cr Revenue 40,000

D. Dr Unearned Revenue 40,000Cr Revenue 40,000

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.

You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio 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. Identify the two correct statements in this respect. (Choose two.)

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

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

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

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