Oracle 1Z0-1057-23 Online Practice Questions and Exam Preparation

Oracle 1Z0-1057-23 Online Questions & Answers

• Question 101:

  Which three features are part of Oracle Fusion Functional Setup Manager?

  A. feature opt-in for a best fit configuration
  B. export and import services for setup data migration between environments
  C. guided task list for end-to-end setup requirements
  D. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
  E. modifying an existing implementation project task list by selecting more functional areas when needed
  A. feature opt-in for a best fit configuration
  B. export and import services for setup data migration between environments
  C. guided task list for end-to-end setup requirements

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  Explanation/Reference:

  https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/oafsm/applications-cloud-using-functional-setup-manager.pdf Functional Setup Manager offers the following: Standardized application configuration and setup experience Feature opt-in for a best fit configuration Flexible processes for managing setup: Setup by functional areas for an adopt-as-you-go approach Implementation projects to manage setup Upload file to enter setup data in bulk Guided task list for end-to-end setup requirements Export and import services for setup data migration between environments Comprehensive reporting on setup data

• Question 102:

  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
  B. Oracle Identity Manager

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  Explanation/Reference:

  Authorization Policy Manager (APM)

  APM greatly simplifies the creation, configuration, and administration of application policies APM does not support the management of users and external roles; these artifacts can only be viewed with the tool. Their provision and management

  is typically accomplished using Oracle Identity Manager

  Oracle Identity Manager (OIM)

  In regard to enterprise users and external roles, Authorization Policy Manager provides viewing and searching functionality only. To manage users and external roles, use Oracle Identity Manager or some other identity management tool. OIM

  provision users, roles, and defines what a user can do in Oracle Cloud Duty Roles are mapped to jobs and assigned access privileges (Data Security)

• Question 103:

  You configure one OTBI using Project Cross Subject Area Analysis Real Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)

  A. The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
  B. The Bill-To-Customer dimension applies only to Revenue and Invoice measures.
  C. The Contract and Contract Line dimensions apply only to Invoice measures.
  D. The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
  E. The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.
  A. The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
  C. The Contract and Contract Line dimensions apply only to Invoice measures.
  D. The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
  E. The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.

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  Analyze real-time information on project performance, including budgets, forecasts, costs, commitments, revenue, and invoices.

  This subject area analysis allows cross subject area analysis between Funding, Invoices, Revenue, Budget, forecasts, Costs areas.

• Question 104:

  Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?

  A. Enterprise Contract Management
  B. Project Billing
  C. Project Control
  D. Project Costing
  C. Project Control

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  Explanation/Reference:

  Project Control is the product offering that simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud. Project Control allows you to create and manage project plans, budgets, and forecasts using various methods and sources. You can also monitor and control project performance and variances using dashboards and reports. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-projectplans.html#OAPFM2356061

• Question 105:

  Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)

  A. Cascade change to the start date.
  B. Do not cascade date changes.
  C. Cascade change to the finish date.
  D. Cascade change to the start date and the finish date.
  A. Cascade change to the start date.

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  Explanation/Reference:

  Reference https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-control-configuration-manage-financial-and-project-plan-types.html#OAPFM79055

  Topic-Project Date Cascade Options

  Use the Cascade option choice list to determine whether your changes to project dates cascade to tasks.

  Use the Basic Information region on the Edit Project Template page to select one of the following options:

  Do not cascade project date changes to tasks: Both start and finish dates are editable. However, you must ensure the following:

  Cascade project start date change to affected tasks: You can edit only the project start date.

  Cascade project finish date change to affected tasks: You can edit only the project finish date.

  Do not cascade project date changes to tasks is the default value. You must select the cascade option each time you change the project dates, as your selection isn't saved for future date changes.

  If you select to roll up planned dates for tasks or are using an external application for scheduling, then you can't modify the project start or finish dates.

• Question 106:

  Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

  A. Project Manager Template for Project Organization Security
  B. Project Administrator Template for Project Organization Security
  C. Project Creator Template for Project Organization Security
  D. Project Accountant Template for Project Organization Security
  E. Project Billing Specialist Template for Project Organization Security
  B. Project Administrator Template for Project Organization Security
  C. Project Creator Template for Project Organization Security

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  Explanation/Reference:

  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

• Question 107:

  Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

  A. Calendar Types
  B. Project Accounting Periods
  C. Accounting Periods
  D. PA Calendar
  E. PA-GL Periods
  B. Project Accounting Periods
  C. Accounting Periods

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  Explanation/Reference:

  Reference https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_87F467307D50416BE040D30A68 816855 Spread curves let you distribute quantity, cost, and revenue amounts automatically across accounting or project accounting periods. You assign a spread curve to each resource class. Planning resources (in the planning resource breakdown structure) inherit the spread curve setting from the associated resource class. You can change the spread curve for the planning resource and for any corresponding task assignments, or budget or forecast lines.

• Question 108:

  Which three are true of what you can do in the Project Requirements work area?

  A. Create an implementation project.
  B. Organize backlog items by requirements.
  C. Create an execution project.
  D. Create project tasks for backlog items.
  E. Manage your list of backlog items.
  B. Organize backlog items by requirements.
  D. Create project tasks for backlog items.
  E. Manage your list of backlog items.

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  Explanation/Reference:

  Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/manage-project-requirements.html#OAPEM874365 Project Requirements: Explained Requirements enable you to capture your business needs. If you manage projects using the Agile development methodology, you start by identifying the high-level requirements and decomposing them further to manage the completion of work on the requirement.

  You use the Project Requirements work area to: Organize backlog items by requirements Manage your list of backlog items Create project tasks for backlog items

• Question 109:

  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.
  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.

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  Explanation/Reference:

  Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjf/manage-project-plan-tasks-and-task-assignments.html#OAPJF75076

• Question 110:

  Which component provides a human workflow service that handles all interactions with users or groups in business processes?

  A. Security Console
  B. SOA Suite
  C. Subledger Accounting
  D. BPM Worklist
  D. BPM Worklist

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  Explanation/Reference:

  The BPM Worklist component provides a human workflow service that handles all interactions with users or groups in business processes. The BPM Worklist allows users to view, act on, track, and administer workflow tasks that require their attention. Users can also delegate, escalate, or reassign tasks to other users or groups as needed. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/integrate-project-financialmanagement.html#OAPFM2356171