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Home > Oracle > Oracle Certifications > 1Z0-1057-22
Oracle 1Z0-1057-22  Exam Questions & Answers
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Oracle 1Z0-1057-22 Exam Questions & Answers


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  • Vendor: Oracle

    Exam Code: 1Z0-1057-22

    Exam Name: Oracle Project Management Cloud 2022 Implementation Professional

    Certification Provider: Oracle

    Total Questions: 91 Q&A ( View Details)

    Updated on: Jun 07, 2025

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1Z0-1057-22 Online Practice Questions and Answers

Questions 1

Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two.)

A. project

B. expenditure item

C. project classification

D. project plan type

E. resource

Show Answer

Correct Answer: AE

Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPJF/OAPJF1121937.htm#OAPJF1121937

Questions 2

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 classification

B. project type

C. project unit

D. project organization

Show Answer

Correct Answer: B

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjf/define- project.html#OAPJF220111 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 Estimated cost of each asset Cost Standard Unit Combination of the standard unit cost and the number of units Cost defined for each asset Spread Evenly Equal allocation of cost to each asset

Questions 3

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.

Show Answer More Questions

Correct Answer: B

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