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NEW QUESTION 14
You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contractLine 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. Bill set number drives the grouping of transactions.
- B. Two invoices are created using the same contract.
- C. Both the contract lines create only a single invoice because they are using the same contract.
- D. Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
Answer: A,B
Explanation:
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 15
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 todefine deliverables for your project requirementsthat 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. Youassociate a deliverable with a task, independent of associating a requirement with a task.
- 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. A deliverable associated with a requirement is automatically associated with the tasks createdfor that requirement.
Answer: A,C
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/define-project-deliverables.
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 16
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.)
- A. project unit
- B. project classification
- C. project organization
- D. project type
Answer: D
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjf/define-project.html#OAPJF2 Asset Cost Allocation Methods The asset cost allocation method determines how indirect or common costs incurred on a project are allocated to multiple assets.
You can specify an asset cost allocation method to enable Oracle Fusion Project Costing to automatically allocate unassigned asset lines and common costs across multiple assets. Unassigned asset lines typically occur when more than one asset is assigned to an asset grouping level.
Projects and project templates inherit a default asset cost allocation method from the associated project type.You can override the default at the project level. If you use capital events to allocate costs, then you can also override the asset cost allocation method at the event level Asset Cost Allocation Methods The following table describes the available asset cost allocation methods.
Method
Basis of Cost Allocation
Actual Units
Number of units defined for each asset
Current Cost
Construction-in-process (CIP) cost of each asset
Estimated Cost
Estimated cost of each asset
Standard Unit Cost
Combination of the standard unit cost and the number of units defined for each asset Spread Evenly Equal allocation of cost to each asset
NEW QUESTION 17
Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, theydecide 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. Product class category is not enabled for "available as accounting source".
- B. Funding source class category is enabled for "available as accounting source".
- C. Funding source class category is not enabled for "available as accountingsource".
- D. Funding source class category is assigned to all project types.
Answer: C
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-foundation-configur Topic - Manage Project Class Categories Setting Up Class Categories:Points to Consider Available as Accounting Source This option indicates if theclass category is available as an accounting source so that Oracle Fusion Subledger Accounting can use the category to create mapping sets, account rules, journal line rules, and description rules.
Only one class category at a time is available as an accounting source in Oracle Fusion Subledger Accounting.
To change the class category that Oracle Fusion Subledger Accounting uses, deactivate the old class category and create a new one with a different date range.
NEW QUESTION 18
Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certainnumber of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)
- A. time entry rules
- B. time audit rules
- C. time calculation rules
- D. project time validation rules
Answer: A
NEW QUESTION 19
Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs forrate-based planning resources. (
- A. Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
- B. Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule
- C. Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
- D. Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
- E. Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
Answer: C
Explanation:
Explanation
Reference: https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_8718794B26A7BB93E040D30A688149A3
NEW QUESTION 20
Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)
- A. View Project Progress
- B. Transfer Project
- C. ManageProject Plan Resource Assignment
- D. Allocate Project Expense
Answer: A,C
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjm/index.html#_Toc468200732 Topic -Privileges- This table lists privileges granted to duties of the abstract role Project Management Duty.
Granted Role - Project Plan Management
Privilege - only A and C are listed
NEW QUESTION 21
You havedefined two expenditure types, but they are not available for selection when youenter 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-owning organization in which the transaction is performed.
- B. 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.
- 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 theproject unitin which the transaction is performed.
Answer: D
Explanation:
Explanation
Ref: Implementing-Project-Financial-Management-and-Grants-Management.pdf (19A Part # F11256-01) Chapter 3 - Define Project Organizations Topic - Set Assignments and Project Data - How They Work Together (Page 29) Business Unit as Set Determinant Business units enable you to control andreport on financial transactions, usually for specific geographical entities within the enterprise. For project management purposes, assign the Project Accounting business function to the business unit.
Business unit is a set determinant for theproject-related reference data objects described in the following table.
Ref Data Object
Entities
Project Accounting Definition
Project Types
Project Rates
Project rate schedules
Project Unit as Set Determinant
Use project units to enforceconsistent project management practices across your enterprise. Project unit is a set determinant for the reference data objects described in the following table.
Ref Data Object
Entities
Project Definition
Class codes, financial plan types, projectplan types and project roles
Project Transaction Types
Expenditure types and work types
You can only select class codes, plan types, roles, expenditure types and work types that are assigned to the same set as the project unit. To enable expenditure types and work types for use on projects owned by a project unit, assign the set associated with the Project Transaction Types reference data object to those entities
NEW QUESTION 22
You have closed theproject accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem. (Choose two.)
- A. Unaccounted transactions have not been swept to the next period.
- B. The corresponding Oracle Payables Cloud accounting period has not been closed.
- C. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
- D. Pending burden summarization items have not been processed.
- E. Unaccounted transactions are notimported.
Answer: A,C
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjb/record-accounting-for-projec Topic - Accounting Period and Project Accounting Period Closing: How Validation Works
NEW QUESTION 23
You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)
- A. The "Require Task Managers to be Project Team Members" profile option is set to Yes.
- B. The quality manager belongs to a department that is not associated with the project.
- C. The quality manager is not assigned with a supervisor.
- D. The "Require Task Managers to be Project Team Members" profile option is set to No.
Answer: A
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/introducing-oracle-project-po Topic - Project Foundation Profile Options Profile Option Name - Task Managers Must Be Project Team Members Description - Specify whether task managersmust be project team members.
Values - No (Default) /Yes
Setup Task Name -Require Task Managers to be Project Team Members
NEW QUESTION 24
While opening an organization tree on the Manage OrganizationTrees 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 selected theEdit iconfor opening the hierarchy.
- B. You usedCreate Treein the action menu.
- C. You used Create Tree Version in the action menu.
- D. You used View Tree Version in the action menu.
- E. You opened the hierarchy by clicking the name.
Answer: A,B
NEW QUESTION 25
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-2016.
Identify how the project hierarchy viewer displayslabor demand information. (Choose the best answer.)
- A. The current period start date is used for calculating labor demand for the current year.
- B. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
- C. 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.
- D. The current date is used for calculating labor demand for the current year.
Answer: D
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/analyze-project-managemen Topic - Project Labor Demand: How It's Calculated Settings That Affect Project Labor Demand Project application administrators must do the following to set up how project labor demand is calculated:
* Organize projects into hierarchical groups on the Manage Enterprise Project Structure page.
* 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 thecurrent dateto determine which year or quarter to display.
NEW QUESTION 26
Which application would you use to map application roles to external roles? (Choose the best answer.)
- A. Oracle Identify Manager
- B. Security Console
- C. BPM Work List
- D. Authorization Policy Manager
Answer: D
Explanation:
Explanation
Ref:https://docs.oracle.com/cd/E17904_01/doc.1111/e14431/managing.htm#APMAG3333 Fusion Middleware Administrator's Guide for Authorization Policy Manager Managing Security Artifacts This chapter describes the procedures an administrator follows to manage application-specific security artifacts, view the external role hierarchy, manage the application role hierarchy, andmanage the many-to-many mapping of application roles to external roles from both the application and the external role point of view.
This chapter is divided into the following sections:
* Managing Application Security Artifacts
* Viewing the External Role Hierarchy
* Managing the Application Role Hierarchy
* Mapping Application Roles to an External Role
* Mapping External Roles to anApplication Role
Role Mapping Policy
* A Role Mapping Policy is used to determinewhat external subjects(users, groups orExternal Roles) are assigned to the applicable Application Role. The Application Role, when referenced in an Authorization Policy, defines the principals affected by the Authorization Policy. Role Mapping Policies may also include conditions Oracle Identity Manager -Not used for mapping application roles to external roles How do Users Interact with Oracle Identity Manager?
Oracle Identity Manager provides an end-user interface, called the Identity Self Service console, and a system administrator interface, called the Identity System Administration console. Both end-users and system administrators use the web browser to log on to OracleIdentity Manager. Oracle Identity Manager (OIM)
* OIM provision users, roles, and defines what a user can do in Oracle Cloud
* Duty Roles are mapped to jobs and assigned access privileges (Data Security)
NEW QUESTION 27
Which two statements describe how the Resource Qualification Score is calculated?
- A. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.
- B. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiencythat is lower or higher than specified.
- C. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have thequalification.
- D. An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.
Answer: A,B
NEW QUESTION 28
When implementing Project Performance Reporting, your customer has the following requirements:
* Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
* As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold levelrule is ideal for this kind of KPI definition? (Choose the best answer.)
- A. multiple threshold levels
- B. multiple threshold level value
- C. single threshold level value
- D. single threshold level range
Answer: C
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjs/update-project-performance-d Performance Status Indicator Performance status indicators give an immediate picture ofthe status of a project, such as critical, at risk, and on track. Each distinct icon indicates the status and severity of performance. During KPI definition, you first associate status indicators with performance statuses:
* Critical
* Severe
* At risk
* On track
* Ahead
You then associate these statuses with threshold levels. When KPI values are generated for a project, each value is compared to the defined thresholds and the corresponding status indicator for the KPI appears on project performance reports.
A statuscan identify negative performance so that you can take the appropriate actions to prevent or quickly resolve problems. Conversely, a status can identify positive performance to help you track expected or excellent performance.
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/fapfm/implementing-project-financial-m Create Key Performance Indicators Create key performance indicators (KPI) to measure how well your organization performs an operational, tactical, or strategic activity that is critical for the current and future success ofthe organization.
Note: To create KPIs you must enable a project unit to track key performance indicators.
Use the Threshold Levels section to specify thresholds to indicate the health status of a KPI. Select one of the following options:
* Multiple threshold levels
* Single threshold level value
* Single threshold level range
NEW QUESTION 29
You are now the project manager of a newly created implementation project. Which two items arenotpart of managing an implementation project?
- A. Select the offering you want to implement.
- B. Assign tasks to various users who are responsible for managing setup data.
- C. Enable optional functional areas and features by opting in.
- D. Generate a list of setup tasks.
- E. Monitor the progress of completing setup tasks.
Answer: B,D
NEW QUESTION 30
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)
- A. Static
- B. Dynamic
- C. Flexfield
- D. Position
- E. Job
Answer: A
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/applications-common/19b/facia/define-approval-management.html#FA Topic Approval Groups Each approval group includes a set of users that you configure to act on tasks in a certain pattern. Tasks can be definedto get routed to an approval group instead of an individual user. You can nest approval groups within approval groups.
You have two options for defining the group:
* Static: Select the specific users to include in the group.
* Dynamic: Provide the logic touse to determine the users in the group.
NEW QUESTION 31
Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocateto various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)
- A. target percentage and spread evenly
- B. target percentage and prorate
- C. prorate
- D. spread evenly
Answer: B
Explanation:
Explanation
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjc/allocate-project-costs.html#O
* Spread Evenly
* The allocation rule divides the source pool amount equally among all the chargeable target tasks included in the rule.This is the most simple and direct basis method.
* Target Percentage and Spread Evenly
* Specify the percentage of the source pool that is required to allocate to each target line. The total specified target percentage must always equal 100 percent. Theallocation rule calculates the amount to allocate to the target line, and then spreads the results evenly among the chargeable tasks.
* Prorate
* The allocation generation uses the attributes defined in the allocation rule to derive the rate at which the source pool amount is apportioned among the target projects and tasks. For this basis method, the allocation rule uses the basis attributes to apportion the source amount among all the tasks defined by the rule. The Prorate basis method provides precise controlover how the rule distributes the source pool.
* Target Percentage and Prorate
* The allocation rule first usesthe target percentage to calculate the amount to allocate to the line, and then apportions the results among all the tasks. The nd Prorate basis methodprovides precise control over how the rule distributes the source pool.
NEW QUESTION 32
When scheduling the Update Project Performance Data process to run on a periodic basis, whichsummarization method would you select? (
- A. Summary
- B. Detail
- C. Bulk
- D. Incremental
Answer: D
Explanation:
Explanation
Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/define-project-organiz 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 UpdateProject 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 33
Which application generates external roles to grant both function and data security? (Choose the best answer
.)
- A. Functional Setup Manager
- B. Oracle Identity Manager
- C. Authorization Policy Manager
- D. Business Process Manager
Answer: B
Explanation:
Explanation
Authorization Policy Manager (APM)
APM greatly simplifies the creation, configuration, and administrationof application policies APMdoes not support the management of users and external roles;these artifacts can only be viewed with the tool.Their provision and management is typically accomplished using Oracle Identity Manager Oracle Identity Manager (OIM) In regard to enterprise users and external roles, Authorization Policy Manager provides viewing and searching functionality only.To manage users and external roles, use Oracle Identity Manager or some other identity management tool.
OIM provision users,roles, and defines what a user can do in Oracle Cloud Duty Roles are mapped to jobs and assigned access privileges (Data Security)
NEW QUESTION 34
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