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NEW QUESTION 1
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?

  • 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.

Answer: AC

Explanation:
Ref:
https://docs.oracle.com/cd/E83857_01/saas/applications-common/18b/oaext/page-modification.html#OAEXT16

NEW QUESTION 2
Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)

  • A. assignment to one set only with common values
  • B. assignment to one set only; no common values allowed
  • C. assignment to multiple sets; common values allowed
  • D. assignment to multiple sets; no common values allowed

Answer: D

Explanation:
Reference
https://docs.oracle.com/en/cloud/saas/applications-common/19b/facia/define-enterprise-structures.html#FACIA4
Reference Data Sharing Methods
Variations exist in the methods used to share data in reference data sets across different types of objects. The following list identifies the methods:
Assignment to one set only, no common values allowed. This method is the simplest form of sharing
reference data that allows assigning a reference data object instance to one and only one set. For example, Asset Prorate Conventions are defined and assigned to only one reference data set. This set can be shared across multiple asset books, but all the values are contained only in this one set.
Assignment to one set only, with common values. This method is the most commonly used method of sharing reference data that allows defining reference data object instance across all sets. For example, Receivables Transaction Types are assigned to a common set that is available to all the business units. You need not explicitly assign the transaction types to each business unit. In addition, you can assign a business unit-specific set of transaction types. At transaction entry, the list of values for transaction types includes the following:
Transaction types from the set assigned to the business unit.
Transaction types assigned to the common set that is shared across all business units.
Assignment to multiple sets, no common values allowed. The method of sharing reference data that allows a reference data object instance to be assigned to multiple sets. For instance, Payables Payment Terms use this method. It means that each payment term can be assigned to one or more than one set. For example, you assign the payment term Net 30 to several sets but assign Net 15 to a set specific only to your business unit. At transaction entry, the list of values for payment terms consists of only the set that is assigned to the transaction's business unit.
Note: Oracle Fusion Applications contains a reference data set called Enterprise. Define any reference data that affects your entire enterprise in this set. Also update the data set going forward as you create new reference data items.

NEW QUESTION 3
Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list? (Choose three.)

  • A. Current date is before the effective date of the resource, and you did not enable the “Include people with future-dated effective start dates” option during the search.
  • B. All new employees created as persons must have an active supervisor.
  • C. All new employees created as persons must be assigned to a department.
  • D. All new employees created as persons must have an active assignment.
  • E. All new employees created as persons must have an active project role.

Answer: ACD

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-foundation-configuratio
Why can't I find persons in the list of resources when I enter team members, planning resources, or person rate schedules?
You can't find persons in the list of resources when you enter team members, planning resources, or person rate schedules in the following situations:
1Z0-1057 dumps exhibit The administrator didn't assign a department while creating users. Persons must have an active assignment and be assigned to a department in Oracle Fusion Human Capital Management before they can be added as team members or entered as resources on the planning resource breakdown structure or person rate schedule.
1Z0-1057 dumps exhibit The resource isn't active in Oracle Fusion Human Capital Management because the current date is before the effective date of the resource. If you want to include persons who will start in the future, select the Include people with future-dated effective start dates option when you search for the person.
1Z0-1057 dumps exhibit Persons assigned as project managers aren't active as of the project start date.
1Z0-1057 dumps exhibit The assignment of the person is terminated, and an appropriate value isn't set for the number of days to display people with terminated assignments. You can set the profile value appropriately at the site profile level using the Specify Number of Days to Display People with Terminated Assignments task in the Setup and Maintenance work area.

NEW QUESTION 4
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 5
Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

  • A. Receipt Accounting
  • B. Payables
  • C. Fixed Asset
  • D. Purchasing

Answer: ABD

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

NEW QUESTION 6
When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select? (Choose the best answer.)

  • A. Bulk
  • B. Detail
  • C. Incremental
  • D. Summary

Answer: C

Explanation:
Reference
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/define-project-organizations.htm
Settings That Affect Performance Data Summarization
You can summarize performance data for a project unit, business unit, a range of projects, or projects managed by a project manager. When you run the Update Project Performance Data process from the Scheduled Processes page, select one of the summarization methods from the following table:
Summarization Method Usage
Incremental
Summarizes new transactions that are yet to be summarized Delete and re-summarize
Correct summary data when the source system data changes outside the regular transaction flow.
Do not use this summarization method when you run the Update Project Performance Data Without
Producing Report
process unless you are advised to do so.
Resource breakdown structure
Migrate all summary data from one resource breakdown structure version to the next.
If you select this option, you must also specify the resource breakdown structure header.

NEW QUESTION 7
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 auser-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.

Answer: CD

Explanation:
Reference https://docs.oracle.com/cd/E37583_01/doc.1116/e22598/F458900AN13D82.htm
How Resource Mapping Is Calculated
You can track the cost impact of every resource that has been assigned to a project task and use the resource breakdown structure to view the breakdown of these costs. Oracle Fusion Projects associates the costs of the resources used for tasks with branches and levels in the resource breakdown structure. The process for determining the correct association is managed by rules of precedence.
Oracle Fusion Projects uses the following rules to associate cost amounts with resources:
1Z0-1057 dumps exhibit Select the lowest level in the resource breakdown structure to which a transaction can map.
1Z0-1057 dumps exhibit If there is only one level to which the transaction maps, the cost amounts are mapped to that level.
1Z0-1057 dumps exhibit If the transaction maps to more than one level, Oracle Fusion Projects sums the precedence numbers for all resource types in the branch and gives precedence to the resource element in the branch with the lowest sum.
1Z0-1057 dumps exhibit If more than one branch has the lowest precedence number at the lower level, the application uses the precedence number of the next level up.
1Z0-1057 dumps exhibit 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.
1Z0-1057 dumps exhibit If one branch contains a user-defined resource type, precedence is given to the branch that does not contain a user-defined resource type.
Note Oracle Fusion Projects gives more precedence to a lower precedence number. For example, a resource element with a precedence number of 1 is given precedence over a resource element with a precedence number of 10.

NEW QUESTION 8
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.

Answer: CD

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/define-project-deliverables.html
Associate deliverables with one or many tasks or requirements at any level. Associate existing deliverables to tasks or requirements or create deliverables directly for tasks or requirements. You can delete a deliverable in New status if it is not associated with tasks or requirements.
Can deliverables for projects and tasks be inherited from associated requirements?
No. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
You associate a deliverable with a task, independent of associating a requirement with a task.

NEW QUESTION 9
Which three tools are available for accessing REST APIs?

  • A. cURL
  • B. Web Browser
  • C. Oracle Transactional Business Intelligence
  • D. Programming Language

Answer: ABD

Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/18b/fapap/Use_cURL.html REST API = REpresentational State Transfer (REST) Application Programing Interface (API)

NEW QUESTION 10
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

Answer: AC

Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1192914.htm

NEW QUESTION 11
Which two statements are true about the cross-charge method, Borrowed and Lent?

  • A. This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.
  • B. Costs or revenue are shared based on transfer price rules with this method.
  • C. You must set up the contract business unit to use this method.
  • D. This method creates a formal internal invoice.

Answer: AB

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjc/process-project-cost-transactions
What's a borrowed and lent processing method?
A method of processing cross-charge transactions that generates accounting entries to share revenue or transfer costs from the provider organization to the receiver organization within a legal entity. An internal invoice isn' t created but costs or revenue are shared based on the transfer price rules. This method provides a financial view of the performance of an organization.

NEW QUESTION 12
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 aquarter 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.

Answer: AB

Explanation:
Reference https://docs.oracle.com/cloud/farel10/projectcs_gs/OAPEM/OAPEM1461017.htm#OAPEM1313472
Project Labor Demand: How It's Calculated
Project executives want to track the labor demand in projects in their organization. The Project Hierarchy Viewer provides project executives a hierarchical view of the enterprise project structure (EPS) along with the labor demand in terms of full-time equivalent (FTE).
Settings That Affect Project Labor Demand
Project application administrators must do the following to set up how project labor demand is calculated: 1Z0-1057 dumps exhibitOrganize projects into hierarchical groups on the Manage Enterprise Project Structure page.
1Z0-1057 dumps exhibit Change the quarterly FTE hours for the organization on the Define Project Management Implementation Options page, if different from 520 hours.
Note: You can choose to view labor demand annually instead of quarterly. The Project Hierarchy Viewer uses the current date to determine which year or quarter to display.
How Project Labor Demand Is Calculated
The Project Hierarchy Viewer calculates project labor demand in the following manner:
1Z0-1057 dumps exhibit Spreads the allocation hours from the Manage Project Resources page evenly over the days that the resources are allocated to the project.
1Z0-1057 dumps exhibit Divides the quarterly project allocation hours by the quarterly FTE hours to get the labor demand.
1Z0-1057 dumps exhibit Rolls up the quarterly and annual labor demand up the hierarchy.

NEW QUESTION 13
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 14
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 15
Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)

  • A. Manage Project Plan Resource Assignment
  • B. Transfer Project
  • C. View Project Progress
  • D. Allocate Project Expense

Answer: AC

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjm/index.html#_Toc468200732_1_

NEW QUESTION 16
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.)

  • 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.

Answer: D

Explanation:
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-foundation-configuratio
Why can't I find persons in the list of resources when I enter team members, planning resources, or person rate schedules?
You can't find persons in the list of resources when you enter team members, planning resources, or person rate schedules in the following situations:
1Z0-1057 dumps exhibit The administrator didn't assign a department while creating users. Persons must have an active assignment and be assigned to a department in Oracle Fusion Human Capital Management before they can be added as team members or entered as resources on the planning resource breakdown structure or person rate schedule.
1Z0-1057 dumps exhibit The resource isn't active in Oracle Fusion Human Capital Management because the current date is before the effective date of the resource. If you want to include persons who will start in the future, select the Include people with future-dated effective start dates option when you search for the person.
1Z0-1057 dumps exhibit Persons assigned as project managers aren't active as of the project start date.
1Z0-1057 dumps exhibit The assignment of the person is terminated, and an appropriate value isn't set for the number of days to display people with terminated assignments. You can set the profile value appropriately at the site profile level using the Specify Number of Days to Display People with Terminated Assignments task in the Setup and Maintenance work area.

NEW QUESTION 17
Identify the attribute of a project type that determines if expenditure items are billable, and the amount type to be used as the basis for transfer pricing. (Choose the best answer.)

  • A. work type
  • B. event type
  • C. cost type
  • D. expenditure type

Answer: A

Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125361.htm#OAPFM1125277 (what’s a work type?)
In billing, you can use work types to classify work for the following purposes:
1Z0-1057 dumps exhibit To determine the default billable status of expenditure items.
1Z0-1057 dumps exhibit To classify cross-charge amounts into cost and revenue for cross-charge transactions.
Tip: To use work types to determine whether an expenditure item is billable you must set the profile option Work Type Derived for Expenditure Item to Yes.
When you create or import expenditure items, the default work type is inherited from the associated task. Tasks, in turn, inherit work type values from parent tasks and ultimately from the project. Project types determine the default work type value for projects and project templates.

NEW QUESTION 18
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 19
You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X – Task 10, and Bill Plan B is allocated against Project Y – Task 30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)

  • A. Both the contract lines create only a single invoice because they are using the same contract.
  • B. Two invoices are created using the same contract.
  • C. Bill set number drives the grouping of transactions.
  • D. Invoice generation does not depend on bill pla
  • E. The invoices are created based on the contract line.

Answer: BC

Explanation:
Ref: https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJB/F1087456AN1006D.htm
What's a bill set?
Transactions originating from different bill plans with the same bill set number on a contract are included on the same invoice. If a contract has multiple bill plans and each have different values for the bill set, Oracle Fusion Project Billing creates a separate invoice for each bill plan

NEW QUESTION 20
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.)

  • A. The two expenditure types are not assigned to the reference data set that is assigned to the project unitin 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.

Answer: A

Explanation:
Ref: Implementing-Project-Financial-Management-and-Grants-Management.pdf (19A Part # F11256-01) Chapter 3 – Define Project Organizations

NEW QUESTION 21
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”.

Answer: B

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

NEW QUESTION 22
......

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