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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Configure Project Costing | |
| Configure Project Management | |
| Applications Security Overview | |
| Navigation, User Experience, Personalization and Approvals | |
| Configure Project Control | |
| Configure Project Performance Reporting | |
| Common Project Configuration | |
| Configure Project Foundation | |
| Project Management Overview | |
| Functional Setup Manager | |
| Configure Project Resource Management | |
| Configure Project Billing |
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
You haveprojects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that thesedistribution set lines are not validated against the project transaction controlsand you are allowed to save it without any validation errors. Identify the why the project transaction controls are not applied. ( Choose the best answer.)
- A. The account code combination is not available on the distribution set line.
- B. There is no expenditure type information available on the distribution set line.
- C. There is noexpenditure item dateinformation available on the distribution set line.
- D. There is no expenditure organization information available on the distribution set line.
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You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they reviewthe rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)
- A. Define allocationbasis by using Actual Amounts with aperiod-to-date amount class.
- B. Define allocation basis by using Actual Amounts with a project-to-date amount class.
- C. Allocate to all eligible tasks and prorate the allocation by thetotal actual raw costaccrued for each task during theprevious accounting period.
- D. Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
- E. Allocate rental costs once each accounting period by using the"full" allocation method.
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 billing
- B. Contract Team Connect
- C. Project Contract Collection Center
- D. Project Contract-based costing
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Select two correct statements about project classifications on a template. (Choose two.)
- A. When a project is created from a template, the required project classifications must be entered.
- B. Set Code isnotrequired for a project class category in a project classification.
- C. Project Classification is a mandatory field on a project template.
- D. Project class category in a project classification must be associated with a Set Code.
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two
- A. expenditure item
- B. project plan type
- C. project classification
- D. project
- E. resource
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