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1Z0-1057-22 Online Practice Questions and Answers

Questions 4

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

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Questions 5

Your organization has been awarded a new contract based on which you are allowed to sell: Items not tracked in inventory Inventory items Services Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A. Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".

B. Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based".

C. Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".

D. Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".

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Questions 6

Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

A. Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule

B. Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate

C. Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule

D. Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule

E. Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

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Questions 7

Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)

A. The application role relevant to the China business unit is not assigned to the project accountant.

B. The project accountant is not assigned to the external role that grants access to the China business unit.

C. The US and UK business units are linked to different ledgers than the China business unit.

D. The China business unit is associated with a different legal entity than the US and UK business units.

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Questions 8

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

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Questions 9

You are trying to create a project purchase order (PO) but you are unable to select Expenditure Organization in the PO. Identify two reasons for this problem. (Choose two.)

A. The organization is not classified as a project-owning organization.

B. The organization is not classified as a project expenditure organization.

C. The organization is not included in the organization tree that is assigned to the business unit that owns the PO.

D. The organization is classified as a project unit.

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Questions 10

Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

A. Project Contract-based costing

B. Project Contract-based billing

C. Project Contract Collection Center

D. Contract Team Connect

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Questions 11

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.

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Questions 12

You have closed the project 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. The corresponding Oracle Payables Cloud accounting period has not been closed.

B. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.

C. Pending burden summarization items have not been processed.

D. Unaccounted transactions are not imported.

E. Unaccounted transactions have not been swept to the next period.

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Questions 13

As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

A. Pool Membership

B. attributes that the project enterprise resources are assigned after creation

C. Jobs

D. Person Type

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Exam Code: 1Z0-1057-22
Exam Name: Oracle Project Management Cloud 2022 Implementation Professional
Last Update: Mar 23, 2024
Questions: 91
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