Updated Jan 24, 2022 Verified 1z0-1057-20 dumps Q&As - 100% Pass
New 2022 Latest Questions 1z0-1057-20 Dumps - Use Updated Oracle Exam
Solution of Oracle 1Z0-1057-20 Exam
Preparing for Oracle Project Portfolio Management Cloud 2020 Implementation Essentials ensures that you get the best out of the Oracle 1Z0-1057-20 practice test as an easy test for best results. ExamCost saves your precious time and money rising for 90 days and offers free Oracle 1Z0-1057-20 pdf exam trading problems and pays Oracle 1Z0-1057-20 practice tests. You can provide valid forms to remove Oracle Industries. If you also want to register as a guide candidate as a master, you will need to find a way around this first. Law, it was all done by the faculty, you consider the next step. ExamCost specializes in providing reliable Oracle 1Z0-1057-20 solutions that allow you to fully configure cloud functionality for Oracle Payments testing. Oracle 1Z0-1057-20 dumps a professional team we create, develop and maintain research reports. ExamCost 1Z0-1057-20 exam offers online test videos for the exam. file list Oracle Project Portfolio Management Cloud 2020 Implementation Essentials is ready to test the basics of thousands of recommendations for the 1Z0-1057-20 exam. It maintains product quality and works with the latest changes in Oracle vision or in nature. Oracle 1Z0-1057-20 practice tests are required for the complete resolution of all your authentication issues. All skills are easy to use. It does not require a complicated installation process, is simple, and requires no download. Oracle Industries is currently being updated frequently to comply with Oracle rules and regulations. Oracle 1Z0-1057-20 dumps to receive the latest updates with changes within three months. The exam questions are difficult and interesting and will help Oracle Industries candidates use the payroll requirements in the main tests of implementation.
The computerized version of the application 1Z0-1057-20 exams program is specifically designed to enhance students' self-esteem. Oracle 1Z0-1057-20 exam Installed by Key Installer. Windows is compatible with all systems. If you think you are having trouble testing the Oracle 1Z0-1057-20 practice tests, here is where you can help. These questions include the Oracle with the practical practice of implementing Oracle Project Portfolio Management Cloud 2020 Implementation Essentials. This application is carefully designed for testing existing Oracle 1Z0-1057-20 practice tests based on students' experience and pride in problem-solving skills. 1Z0-1057-20 pdf exam as candidates for stress reduction tests. Allow students to perform a variety of different activities.
NEW QUESTION 54
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. Mange Business Unit
- B. Manage Project Organization Classifications
- C. Mange Project Types
- D. Manage Project Unit Organizations
- E. Manage Project Unit Options
Answer: B,D,E
Explanation:
Explanation
Reference
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/define-project-organizations.htm Topic - Manage Project Unit Organizations
NEW QUESTION 55
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. ( the best answer.)
- A. 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.
- B. 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.
- 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 business unit in which the transaction is performed.
Answer: C
Explanation:
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 56
Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)
- A. Current Cost
- B. Standard Unit Cost
- C. Estimated Cost
- D. Spread Evenly
- E. Actual Unit
Answer: A
Explanation:
Explanation
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-foundation-configuration Topic - Asset Cost Allocation Methods: Explained 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.
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 Cost
Estimated cost of each asset
Standard Unit Cost
Combination of the standard unit cost and the number of units defined for each asset Spread Evenly Equal allocation of cost to each asset
NEW QUESTION 57
Which three features are part of Oracle Fusion Functional Setup Manager?
- A. modifying an existing implementation project task list by selecting more functional areas when needed
- B. feature opt-in for a best fit configuration
- C. export and import services for setup data migration between environments
- D. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
- E. guided task list for end-to-end setup requirements
Answer: B,C,E
Explanation:
Explanation
https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/oafsm/applications-cloud-using-funct 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
NEW QUESTION 58
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. Business Unit
- B. Project Accounting Business Function
- C. Project Type
- D. Project Organization Classification
- E. Organization Tree
Answer: D,E
Explanation:
Explanation
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1225328.htm
NEW QUESTION 59
Which application generates external roles to grant both function and data security? (Choose the best answer
.)
- A. Business Process Manager
- B. Functional Setup Manager
- C. Authorization Policy Manager
- D. Oracle Identity Manager
Answer: D
Explanation:
Explanation
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)
NEW QUESTION 60
Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page.
An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)
- A. For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic order
- B. The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
- C. For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.
- D. The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
Answer: A,D
NEW QUESTION 61
Which three tools are available for accessing REST APIs?
- A. cURL
- B. Web Browser
- C. Oracle Transactional Business Intelligence
- D. Programming Language
Answer: A,B,D
Explanation:
Explanation
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/18b/fapap/Use_cURL.html REST API = REpresentational State Transfer (REST) Application Programing Interface (API)
NEW QUESTION 62
Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)
- A. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
- B. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.
- C. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
- D. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
Answer: C,D
NEW QUESTION 63
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 70
- B. USD 120
- C. USD 134
- D. USD 184
Answer: A
Explanation:
Explanation
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjb/manage-project-contract-revenue Associated Project Percent Spent Example The following formula calculates the percent spent revenue for the associated project.
((Sum of ITD Actual Cost for every subtask that is part of the associated task / Sum of Total Budgeted cost for every task that is part of associated task) x Associated Project Funded Amount) - Sum of Existing Invoice Event Amounts for the Associated Project ((60/300) x 750) - 80 = 70 ((Actual Cost / Budgeted Cost) x Budgeted Revenue) - Sum of Revenue Event Amount
NEW QUESTION 64
Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)
- A. Allocate Project Expense
- B. Manage Project Plan Resource Assignment
- C. View Project Progress
- D. Transfer Project
Answer: B,C
Explanation:
Explanation
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjm/index.html#_Toc468200732_1_1 Topic - Privileges - This table lists privileges granted to duties of the abstract role Project Management Duty.
Granted Role - Project Plan Management
Privilege - only A and C are listed
NEW QUESTION 65
You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task
30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)
- A. Two invoices are created using the same contract.
- B. Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
- C. Bill set number drives the grouping of transactions.
- D. Both the contract lines create only a single invoice because they are using the same contract.
Answer: A,C
Explanation:
Explanation
Ref: https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJB/F1087456AN1006D.htm What's a bill set?
Transactions originating from different bill plans with the same bill set number on a contract are included on the same invoice. If a contract has multiple bill plans and each have different values for the bill set, Oracle Fusion Project Billing creates a separate invoice for each bill plan
NEW QUESTION 66
After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task list scope, which you must consider before taking a decision based on the customer requirement. (
- A. Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.
- B. Exported setup data can be if the business object has scope enabled for the setup data export.
- C. A task list can be segmented by a scope value and a task can be performed for each qualifying value of the selected object.
- D. A scope value is used to assign users who can perform a task within an implementation project.
Answer: B,C
Explanation:
Explanation
Reference https://docs.oracle.com/cd/E60665_01/common/OAFSM/OAFSM1166430.htm#OAFSM1166426
NEW QUESTION 67
Which five steps are required for the File-Based Data Import Integration option?
- A. Upload the file to the server.
- B. Import data into various applications.
- C. Run Process to transfer data to interface tables.
- D. Populate the spreadsheet with data and generate a CSV file.
- E. Download an Excel template.
- F. Install an Excel add-in.
Answer: A,C,D,E,F
Explanation:
Explanation
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oefpp/overview.html#External_Data_In
NEW QUESTION 68
You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?
- A. Monitor the progress of completing setup tasks.
- B. Enable optional functional areas and features by opting in.
- C. Generate a list of setup tasks.
- D. Select the offering you want to implement.
- E. Assign tasks to various users who are responsible for managing setup data.
Answer: C,E
NEW QUESTION 69
Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)
- A. prorate
- B. target percentage and prorate
- C. spread evenly
- D. target percentage and spread evenly
Answer: B
Explanation:
Explanation
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjc/allocate-project-costs.html#OAPJ
* Spread Evenly
* The allocation rule divides the source pool amount equally among all the chargeable target tasks included in the rule. This is the most simple and direct basis method.
* Target Percentage and Spread Evenly
* Specify the percentage of the source pool that is required to allocate to each target line. The total specified target percentage must always equal 100 percent. The allocation rule calculates the amount to allocate to the target line, and then spreads the results evenly among the chargeable tasks.
* Prorate
* The allocation generation uses the attributes defined in the allocation rule to derive the rate at which the source pool amount is apportioned among the target projects and tasks. For this basis method, the allocation rule uses the basis attributes to apportion the source amount among all the tasks defined by the rule. The Prorate basis method provides precise control over how the rule distributes the source pool.
* Target Percentage and Prorate
* The allocation rule first uses the target percentage to calculate the amount to allocate to the line, and then apportions the results among all the tasks. The Target Percentage and Prorate basis method provides precise control over how the rule distributes the source pool.
NEW QUESTION 70
A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)
- A. Dr Unearned Revenue 40,000Cr Revenue 40,000
- B. Dr Accounts Receivables 40,000Cr Revenue 40,000
- C. Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
- D. Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000
Answer: C
NEW QUESTION 71
Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)
- A. Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
- B. Projects and task definitions flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
- C. Summarized actual quantity and cost flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
- D. Event completion flows from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
- E. Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
Answer: B,C,D
Explanation:
Explanation
Ref: https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125394AN6D254.htm Primavera P6 Enterprise Project Portfolio Management and Oracle Fusion Project Portfolio Management:
How They Work TogetherUse Oracle Fusion Project Integration Gateway to integrate Oracle Fusion Project Portfolio Management with Primavera P6 Enterprise Project Portfolio Management. The integration enables project accountants, project billing specialists, and executives to centrally perform project costing, billing, accounting, and executive reporting tasks in Oracle Fusion Project Portfolio Management while enabling each project manager to perform detailed project planning and scheduling in Primavera P6 Enterprise Project Portfolio Management.
Oracle Fusion Project Integration Gateway ensures data security, integrity, and efficiency by defining a set framework in which data is exported from and imported into Oracle Fusion Project Portfolio Management.
The following table and diagram provide an overview of the flow of information.
Information Type
From Application
To Application
Global integration information
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Projects and task definition
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Summarized project actual quantity and cost
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Project plans and progress
Primavera P6 Enterprise Project Portfolio Management
Oracle Fusion Project Portfolio Management
Billing events
Oracle Fusion Project Portfolio Management
Primavera P6 Enterprise Project Portfolio Management
Event completion
Primavera P6 Enterprise Project Portfolio Management
Oracle Fusion Project Portfolio Management
NEW QUESTION 72
......
Go Beyond The Exceed Project Goals With The Best Project Finance
Oracle PPM Cloud simplifies focusing on accelerating the flow of information between each action step in the project process, improving control. This enables much better links between phases of a business to create a consistent and personalized service and also bridges the gap between project management and financial control. For example, when project strategic plans are frozen, a standard price or ongoing spending plan can be instantly created, at the level of information the professional accountant needs, all with a single click. Stay Informed and Stay in Control Oracle Job Financials Cloud applies a user-centric approach to the important task of supporting the monetary and budgeting aspects of jobs, leveraging the strengths of an easy-to-use interface to simplify preparation and budgeting. for superior financial control. Build the core of the project lifecycle, supporting an efficient project launch, while providing comprehensive tasks planning, progress management, budgeting, and forecasting, as well as ready-to-assimilate employment in Microsoft Job. Oracle Task Financials Cloud enables you to quickly and easily support asset-related expenses, regardless of whether you are billing a company, managing a capital business, or monitoring internal asset price project costs, to reduce administration expenses through procedures of highly automated and structured project costs. The fully integrated solution enables allows project-oriented companies to capture and recoup time, pricing, costs process, and commitments fall Cloud applications, as well as support third-party integrations, ing standardized cost recovery procedures to accelerate labor costs, budget control skills, and punctuality. visibility invalidated expenses. Oracle 1Z0-1057-20 dumps as candidates for stress reduction tests. Presentation of the administration of professional profs processes for expedited project costing, budgetary controls capabilities, and timely visibility into validated expenditures.
Oracle Job Monitoring Cloud 2020 Application Fundamentals provides an innovative solution to follow customer agreement terms, for faster consumer invoicing as well as quick project revenue acknowledgment. The remedy delivers a highly adaptable technique to job contract-based payment, providing full control over the agreement, rates, and limitations definition and also when as well as just how to identify revenue generate invoices while providing the liberty to plan as well as carry out job individually making use of ideal technique job management procedures.
Latest 1z0-1057-20 Exam Dumps Oracle Exam from Training: https://www.examcost.com/1z0-1057-20-practice-exam.html
