Exam Details

  • Exam Code
    :1Z0-1057-22
  • Exam Name
    :Oracle Project Management Cloud 2022 Implementation Professional
  • Certification
    :Project Financials Management Cloud
  • Vendor
    :Oracle
  • Total Questions
    :91 Q&As
  • Last Updated
    :May 13, 2024

Oracle Project Financials Management Cloud 1Z0-1057-22 Questions & Answers

  • Question 11:

    Which two statements describe how the Resource Qualification Score is calculated?

    A. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have the qualification.

    B. An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.

    C. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.

    D. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiency that is lower or higher than specified.

  • Question 12:

    Which two statements are true about a project in "Draft" status? (Choose two.)

    A. Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.

    B. Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.

    C. Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

    D. Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

  • Question 13:

    Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week. What feature would you use to meet this requirement? (Choose the best answer.)

    A. project time validation rules

    B. time calculation rules

    C. time entry rules

    D. time audit rules

  • Question 14:

    Which application generates external roles to grant both function and data security? (Choose the best answer.)

    A. Authorization Policy Manager

    B. Oracle Identity Manager

    C. Business Process Manager

    D. Functional Setup Manager

  • Question 15:

    A project administrator is trying to assign a team member for a project but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)

    A. The employee is not assigned to the project-owning organization.

    B. The employee is not assigned with a supervisor.

    C. Project roles are not assigned in the project.

    D. The employee is not assigned to a department.

  • Question 16:

    Which application would you use to map application roles to external roles? (Choose the best answer.)

    A. Oracle Identify Manager

    B. Authorization Policy Manager

    C. BPM Work List

    D. Security Console

  • Question 17:

    Which two statements are true about the cross-charge method, Borrowed and Lent?

    A. This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.

    B. Costs or revenue are shared based on transfer price rules with this method.

    C. You must set up the contract business unit to use this method.

    D. This method creates a formal internal invoice.

  • Question 18:

    Which three are part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

    A. Prepare setup data.

    B. Import Projects.

    C. Generate CSV files.

    D. Upload setup data.

    E. File Import and Export.

  • Question 19:

    You have a billable project for which the following details are provided: Associated Inception-To-Date (ITD) Project Actual Cost: USD 60 Associated Project Budgeted Cost: USD 300 Contract Amount: USD 1000 Project Funded Amount: USD 750 Sum of Existing Revenue Events: USD 80 Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

    A. USD 184

    B. USD 120

    C. USD 134

    D. USD 70

  • Question 20:

    Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate,

    and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these class categories and codes.

    Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

    A. Class codes should be associated with a related set code.

    B. Class categories should be assigned to business unit.

    C. Class categories should be assigned to project type.

    D. Class codes should be assigned to project unit.

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