1Z0-1057-22 Online Practice Questions and Answers
Which five steps are required for the File-Based Data Import Integration option?
A. Run Process to transfer data to interface tables.
B. Install an Excel add-in.
C. Upload the file to the server.
D. Download an Excel template.
E. Populate the spreadsheet with data and generate a CSV file.
F. Import data into various applications.
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
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 a user-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.
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 unit in 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.
Which setup option is common to both financial and project plan types?
A. Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
B. Enable the entry of plan amounts in currencies other than the project currency.
C. Identify whether the plan type is the default selection when you create budget or forecast versions.
D. Enable the use of a workflow for managing budget or forecasting status changes.
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
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.
Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to 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. spread evenly
B. target percentage and prorate
C. target percentage and spread evenly
D. prorate
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.
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.