Oracle Oracle Certifications 1Z0-1057-22 Questions & Answers

• Question 61:

  When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select? (Choose the best answer.)

  A. Bulk

  B. Detail

  C. Incremental

  D. Summary

  Correct Answer: C

  Reference https://docs.oracle.com/en/cloud/saas/project-portfolio- management/19b/oapfm/define-project-organizations.html#OAPFM177674 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 Usage

  Method

  Incremental Summarizes new transactions that are yet to be summarized Delete and re- Correct summary data when the source system data changes outside the regular transaction summarize flow.

  Do not use this summarization method when you run the Update Project Performance Data Without Producing Report process unless you are advised to do so. Resource breakdown Migrate all summary data from one resource breakdown

  structure version to the next. structure If you select this option, you must also specify the resource breakdown structure header.

• Question 62:

  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

  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

• Question 63:

  You have four resources in your organization: P, Q, R, and S.

  Resource P - Project or resource calendar is active.

  Resource Q - Project resource request dates are within the project or resource calendar effective dates.

  Resource R - Resource calendar is complex, it does not contain seven days, and it contains more than one pattern and shift.

  Resource S - Number of working days within the requested date range is not zero on the project or resource calendar.

  Identify the resource for whom Resource Availability Capacity Score will not be calculated. (Choose the best answer.)

  A. P

  B. Q

  C. R

  D. S

  Correct Answer: C

  Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/evaluate- and-assign-resources.html#OAPEM916359 Topic - Resource Available Capacity Score: How It's Calculated Calendars Used to Calculate Resource Available Capacity Scores How the Resource Available Capacity Score Is Calculated

• Question 64:

  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

  Correct Answer: AE

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

• Question 65:

  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

  Correct Answer: BCE

  Reference https://docs.oracle.com/cloud/farel9/projectcs_gs/FAUAR/F1537947AN10251.htm

• Question 66:

  You are trying to create a custom infolet but are not able to find the "Create Infolet" option in the Infolet repository window. Which two steps should be completed before you can access the "Create Infolet" option?

  A. You must activate Page Composer.

  B. You should be on the Project Custom Objects page.

  C. You must be in an active sandbox.

  D. You should enable the "Create Infolet" option from the Personalize Springboard page.

  Correct Answer: AC

  Ref: https://docs.oracle.com/cd/E83857_01/saas/applications-common/18b/oaext/page- modification.html#OAEXT1640891

• Question 67:

  Which three file-based data imports are available for use in Oracle Project Portfolio Management Cloud?

  A. Project Budgets

  B. Project Tasks

  C. Project Billing Events

  D. Project Templates

  Correct Answer: ABC

  Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oefpp/toc.htm

• Question 68:

  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.

  Correct Answer: B

• Question 69:

  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 Organization Classifications

  D. Mange Project Types

  E. Manage Project Unit Options

  Correct Answer: ACE

  Reference https://docs.oracle.com/en/cloud/saas/project-portfolio- management/19b/oapfm/define-project-organizations.html#OAPFM3094543 Topic - Manage Project Unit Organizations

• Question 70:

  You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract. (Choose the best answer.)

  A. On Hold > Pending Acceptance > Active

  B. On Hold > Pending Approval > Active

  C. Pending Approval > Pending Acceptance > Active

  D. Pending Acceptance > Pending Approval > Active

  Correct Answer: C

  Reference https://docs.oracle.com/cloud/latest/common/FASCC/FASCC1124283.htm Topic - Contract Actions and Status Changes: Explained