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NEW QUESTION # 74
Which three are valid password complexity criteria while setting up password policies? (Choose three.)
- A. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1 special character
- B. Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1 special character
- C. Complex: At least 8 characters, 1 uppercase, and 1 number
- D. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special characters
- E. Simple: At least 8 characters and 1 number
Answer: A,C,D
NEW QUESTION # 75
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two.)
- A. project classification
- B. project plan type
- C. expenditure item
- D. project
- E. resource
Answer: D,E
Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPJF/OAPJF1121937.htm#OAPJF1121937
NEW QUESTION # 76
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. Purchasing
- B. Fixed Asset
- C. Receipt Accounting
- D. Payables
Answer: A,C,D
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-costing-configuration-define-project-costing-integrations.html#OAPFM3094605 Topic - Deriving Projects-Related Accounts
NEW QUESTION # 77
Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)
- A. Project Administrator Template for Project Organization Security
- B. Project Billing Specialist Template for Project Organization Security
- C. Project Creator Template for Project Organization Security
- D. Project Accountant Template for Project Organization Security
- E. Project Manager Template for Project Organization Security
Answer: A,C
Explanation:
Reference https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/faser/implementing-security-in-oracle-fusion-project-portfolio-management.html#FASER1722595 Ref to "Securing Project Financial Management and Grants Management Applications" Table lists predefined enterprise roles and the type of security that grants the role access to data in a work area or dashboard.
Enterprise Role
Work Area or Dashboard
Data Security Based On
Project Accountant
Asset
Project business unit
Project Accountant
Costs
Project expenditure business unit
Project Accountant
Revenue
Contract business unit
Project Administrator
Project Financial Management
Project business unit
Project organization
Project Billing Specialist
Invoices
Contract business unit
Project Creator
Project Financial Management
Project business unit
Project organization
Project Management Duty
Project Management Infolet Dashboard
Project assignment
Project Management Duty
Project Performance Dashboard
Project assignment
Project Manager
Project Management Infolet Dashboard
Project assignment
Project Manager
Project Performance Dashboard
Project assignment
Project Manager
Project Management
Project assignment
Project Manager
Project Manager Dashboard
Project assignment
Project Team Member
Project Financial Management
Project assignment
Grants Accountant
Invoices
Contract business unit
Grants Accountant
Revenue
Contract business unit
Grants Administrator
Awards
Contract business unit
Grants Administrator
Contracts
Contract business unit
Grants Administrator
Project Financial Management
Project business unit
Principal Investigator
Awards
Award assignment
Principal Investigator
Contracts
Award assignment
Principal Investigator
Project Financial Management
Project assignment
NEW QUESTION # 78
What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)
- A. Manage Project Unit Organizations
- B. Mange Business Unit
- C. Manage Project Unit Options
- D. Manage Project Organization Classifications
- E. Mange Project Types
Answer: A,C,D
Explanation:
Reference https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/define-project-organizations.html#OAPFM3094543 Topic - Manage Project Unit Organizations
NEW QUESTION # 79
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 there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
- B. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
- C. 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.
- 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: A,D
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:
Select the lowest level in the resource breakdown structure to which a transaction can map.
If there is only one level to which the transaction maps, the cost amounts are mapped to that level.
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.
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.
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.
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 # 80
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 business 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 expenditure 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 unit in which the transaction is performed.
- D. 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.
Answer: C
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 and report 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 the project-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 enforce consistent 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, project plan 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 # 81
Which setup option is common to both financial and project plan types?
- A. Enable the use of a workflow for managing budget or forecasting status changes.
- B. Enable the entry of plan amounts in currencies other than the project currency.
- C. Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
- D. Identify whether the plan type is the default selection when you create budget or forecast versions.
Answer: B
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-control-configuration-manage-financial-and-project-plan-types.html#OAPFM75315 Financial and Project Plan Setup Options The following table describes the basic budget, forecast, or project plan setup options that determine how a plan type is used in the context of a project. Except for third-party scheduling, you can't edit these options at the project level.
Option
Location
Description
Planning amounts
Financial plan type
Indicates that the financial plan type supports the creation of versions with the following amounts:
Cost amounts
Revenue amounts
Both cost and revenue amounts
Either cost or revenue amounts
Approved budget or primary forecast
Financial plan type
Determines whether a financial plan type is used for creating approved budget versions or primary forecast versions that are used for plan comparison or project performance reporting.
Default financial plan type
Financial plan type
Determines whether the financial plan type is the default selection when you create budget or forecast versions.
Workflows
Financial plan type
Enables the use of a workflow for managing budget or forecast status changes.
Third-party scheduling software
Project plan type
Indicates whether project planning is performed in Microsoft Project.
If third-party scheduling is disabled in the project plan type, you can use the associated project or project template to create a project in Microsoft Project. However, you can't export the new project or link it to one created in Oracle Fusion Project Portfolio Management.
Multiple transaction currencies
Financial and project plan type
Enables entry of plan amounts in currencies other than the project currency.
Budgetary control settings
Financial plan type
Manages options for creating control budgets in Oracle Fusion Budgetary Control.
NEW QUESTION # 82
As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.
What is the reason for this problem?
- A. All expenditure items charged to the task use the new burden schedule.
- B. Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
- C. Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
- D. You can enable automatic reprocessing of expenditure items processed before the burden schedule change.
Answer: C
Explanation:
Reference https://docs.oracle.com/cloud/r13_update17b/projectcs_gs/OAPJC/OAPJC1071490.htm#OAPJC1071482
NEW QUESTION # 83
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. Jobs
- B. attributes that the project enterprise resources are assigned after creation
- C. Person Type
- D. Pool Membership
Answer: C
Explanation:
Reference https://docs.oracle.com/cloud/farel8/projectcs_gs/OAPEX/F1082603AN23E61.htm Manage Project Enterprise Labor Resource Maintenance Conditions Project Enterprise Labor Resources: How They Are Automatically Created and Maintained Run the Maintain Project Enterprise Labor Resources process to create resources, remove resource availability for staffing, and maintain the resource search index.
Settings That Affect the Maintain Project Enterprise Labor Resources Process Create and maintain project enterprise labor resources by defining a set of conditions that specify the employees and contingent workers in Oracle Fusion Human Capital Management (HCM) to create as resources in Oracle Fusion Project Portfolio Management. Define the resource attribute values, such as the resource calendar and primary project role, to assign to the new resources.
The following table lists the criteria that you define for selecting HCM persons to create as project enterprise labor resources.
Selection Criteria
Description
Person type
Select the HCM person type for the process to use as criteria when selecting HCM persons to create as resources. Available person types are employees, contingent workers, or both employees and contingent workers.
Option to select people based on job
Select this option for the process to create resources for HCM persons with specific jobs.
Caution If you do not select job criteria for this condition, the process will create resources for all eligible people based only on the person type.
Jobs
If you selected the option to select people based on job, then select the jobs for the process to use as HCM person selection criteria.
The following table lists the attributes for which you specify values to assign to resources that are created for the condition.
Resource Attribute
Description
Option to manage resource availability and staffing
Select this option for resource managers to manage the availability and project staffing of resources who are created based on the condition. Resources who are managed in Oracle Fusion Project Resource Management are eligible to fulfill project resource requests.
Calendar
Select the resource calendar for resources that are created based on the condition. The resource calendar defines the work schedule for project enterprise labor resources, and includes working days and hours and any exceptions, such as holidays.
Primary project role
Select the primary project role for resources that are created based on the condition. Project roles are maintained in Oracle Fusion Project Management.
Cost rate and currency
Enter the cost rate and currency for resources that are created based on the condition.
Bill rate and currency
Enter the bill rate and currency for resources that are created based on the condition.
NEW QUESTION # 84
Where should you specify the Default Capitalized Interest Rate Schedule?
- A. Manage Capitalized Interest Rates page
- B. Manage Project Plan Type page
- C. Manage Expenditure Type page
- D. Manage Capitalized Interest Rate Schedules page
- E. Manage Project Type page
Answer: D
NEW QUESTION # 85
Identify three purposes for which the project resource search index is used. (Choose three.)
- A. Provide absence details for resources
- B. Display resource details
- C. Filter counts while you search for resources
- D. Calculate Resources Availability Scores
- E. Calculate Resource Qualification Scores
Answer: A,B,E
NEW QUESTION # 86
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.
Answer: B
NEW QUESTION # 87
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 not automatically associated with the tasks created for that requirement.
- B. You associate a deliverable with a task, independent of associating a requirement with a task.
- C. The association of a deliverable with a task is dependent on associating a requirement with a task.
- D. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
Answer: A,B
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/define-project-deliverables.html#OAPEM1122079 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 # 88
Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement. (Choose the best answer.)
- A. Accounting Method
- B. Supporting References
- C. Accounting Rule
- D. Journal Rules
- E. Mapping Sets
Answer: B
Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125357.htm#OAPFM1125357 Assignment of Supporting References Supporting references may be used to capture transaction values on journal entry lines. A supporting reference can be used on a journal entry rule set only if it's assigned a source from the event class of the journal entry rule set.
Creating Supporting References: Explained
Supporting references are used to store additional source information about a subledger journal entry at the line level.
Supporting references with balances establish subledger balances for a particular source and account for a particular combination of supporting references plus the account combination.
For example:
If a journal line contains a supporting reference that includes two sources, Customer Type and Customer Name.
Balances are created for the account combination, plus customer name and customer type.
Examples of how you may want to use supporting reference balances are to:
Facilitate reconciliation back to the subledgers and source systems by tagging journal entries with transaction and reference attributes.
Create balances by dimensions not captured in the chart of accounts.
Reporting using dimensions not captured in the chart of accounts.
Enrich Oracle Fusion Business Intelligence Applications reporting on subledger journals.
Profit and loss balances by dimensions not captured in the chart of accounts Define supporting references to hold additional supporting information for detailed account balance maintenance or reconciliation and reporting requirements.
NEW QUESTION # 89
Your customer has separate organizations to maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement. (Choose two.)
- A. Organization Tree
- B. Business Unit
- C. Project Type
- D. Project Organization Classification
- E. Project Accounting Business Function
Answer: A,D
Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1225328.htm
NEW QUESTION # 90
Your organization has a requirement to create and apply a new theme for the application user interface.
Which option allows you to achieve this requirement?
- A. Appearance Page
- B. Structure Page
- C. User Interface Text
- D. Setup and Maintenance Work Area
Answer: A
NEW QUESTION # 91
Which step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment?
- A. Planning
- B. Maintaining
- C. Opting In
- D. Setting Up
- E. Deploying
Answer: D
NEW QUESTION # 92
You have been hired as a project manager for implementing the Project Financial Management and Project Execution Management offering by an organization. The Chief Information Officer of the deploying organization has requested you to explain the benefits of using the implementation project-based approach over the functional area-based approach.
Which two are the main benefits of using the implementation projects within Functional Setup Manager? (Choose two.)
- A. Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.
- B. Implementation Project gives you the flexibility to set up different functional areas of the offering at different times.
- C. Implementation Project helps you to use the manage setup data entry in bulk option.
- D. Implementation Project helps you to monitor progress of the setup tasks.
Answer: B,C
NEW QUESTION # 93
Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)
- A. Back Loaded
- B. Daily Spread Basis
- C. Even
- D. Bell Curve
- E. S-Curve
Answer: B
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-control-configuration-manage-spread-curves.html#OAPFM79760 Predefined Spread Curves Name Description Dist. Factors Even Linear distribution of financial or project plan values across periods.
10-10-10-10-10-10-10-10-10-10
Prorated Even
Linear distribution of financial or project plan values across periods, with an exception of the first period and last period in the financial plan. Financial or project plan values for the first period and last period are prorated based on the number of days in the period.
10-10-10-10-10-10-10-10-10-10
Back Loaded
Back-loaded distribution of financial or project plan values across periods. Assigned amounts increase over succeeding periods.
0-5-10-15-20-25-30-35-40-45
Front Loaded
Front-loaded distribution of financial or project plan values across periods. Assigned amounts decrease over succeeding periods.
45-40-35-30-25-20-15-10-5-0
S Curve
S-shaped distribution of financial or project plan values across periods.
18-10-8-10-15-17-18-17-15-8
Bell Curve
Bell-shaped distribution of financial or project plan values across periods. Assignment of plan values is highest in the middle periods.
0-4-10-12-14-12-10-4-0-0
Daily Spread Analysis
Spread is based upon the number of days in each financial period throughout the duration of the task assignment. Amounts are proportionally distributed throughout all periods for the duration of the task assignment None
NEW QUESTION # 94
Which three Cost Collection Flexfield core attributes can be derived during import if not explicitly entered in a transaction document? (Choose three.)
- A. Expenditure Type
- B. Funding Source
- C. Capitalizable Flag
- D. Billable Flag
- E. Work Type
Answer: B,C,E
NEW QUESTION # 95
Identify three correct statements about project types. (Choose three.)
- A. Project type can be associated with multiple project units.
- B. Project type can be enabled for both billing and capitalization.
- C. Classifications can be assigned at project type.
- D. Summarization options can be specified at project type.
- E. Project type can be used as a source in subledger accounting.
Answer: B,C,E
NEW QUESTION # 96
While opening an organization tree on the Manage Organization Trees 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 used Create Tree in the action menu.
- B. You selected the Edit icon for opening the hierarchy.
- C. You used Create Tree Version in the action menu.
- D. You opened the hierarchy by clicking the name.
- E. You used View Tree Version in the action menu.
Answer: A,B
NEW QUESTION # 97
Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?
- A. Project Costing
- B. Project Billing
- C. Enterprise Contract Management
- D. Project Control
Answer: D
NEW QUESTION # 98
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The Oracle 1z0-1057-22 exam is an ideal certification for professionals who work in project management roles, such as project managers, project coordinators, and project administrators. It is also suitable for individuals who want to enhance their knowledge and skills in project management and work with Oracle technologies. The certification can help individuals stand out in a competitive job market and increase their career prospects.
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