Feb-2024 New Version 1z0-1057-22 Certificate & Helpful Exam Dumps is Online [Q52-Q70]

1z0-1057-22 Oracle

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Feb-2024 New Version 1z0-1057-22 Certificate & Helpful Exam Dumps is Online [Q52-Q70]

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Feb-2024 New Version 1z0-1057-22 Certificate & Helpful Exam Dumps is Online

1z0-1057-22 Free Certification Exam Material with 128 Q&As

Q52. Where should you specify the Default Capitalized Interest Rate Schedule?

Manage Capitalized Interest Rates page

Manage Expenditure Type page

Manage Capitalized Interest Rate Schedules page

Manage Project Type page

Manage Project Plan Type page

Q53. Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates will be populated in such invoices? (Choose two.)

Accounting date is the same as the original invoice date.

Project accounting date is the same as the original invoice date.

Project accounting date is the first day of the first open project accounting period.

Project accounting date is the last day of the open project accounting period.

Accounting date is the first day of the first open accounting period.

Q54. Which three features are part of Oracle Fusion Functional Setup Manager?

feature opt-in for a best fit configuration

export and import services for setup data migration between environments

guided task list for end-to-end setup requirements

updating an implementation project task list by changing the opt-in configuration to suit the latest requirements

modifying an existing implementation project task list by selecting more functional areas when needed

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

Q55. Where is the Allow Override option for the Default Capitalized Interest Rate Schedule specified?

Manage Project Type page

Manage Capitalized Interest Rate Schedules page

Manage Capitalized Interest Rates page

Manage Expenditure Type page

Manage Project Plan Type page

Q56. 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.)

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

Q57. Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

Enable track missing time at project unit.

Enable track missing time at project type.

Enable track missing time at project template.

Enable track missing time at business unit.

To fix the problem of project resources not reporting their time promptly, you should enable track missing time at project unit. This option allows you to track and report on missing time entries for project resources based on their work assignments and schedules. You can also set up notifications and reminders to prompt resources to enter their time on a regular basis. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-time-and-labor.html#OAPFM2356011

Q58. Where should you specify the Default Capitalized Interest Rate Schedule?

Manage Capitalized Interest Rates page

Manage Expenditure Type page

Manage Capitalized Interest Rate Schedules page

Manage Project Type page

Manage Project Plan Type page

The Default Capitalized Interest Rate Schedule should be specified on the Manage Project Type page. This option allows you to select a capitalized interest rate schedule that will be used as the default for projects or tasks that use the project type. A capitalized interest rate schedule defines the interest rates and dates that are used to calculate the capitalized interest amount for a project or task. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-costs.html#OAPFM2356101

Q59. 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.)

Manage Project Unit Organizations

Mange Business Unit

Manage Project Organization Classifications

Mange Project Types

Manage Project Unit Options

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

Q60. Which step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment?

Planning

Deploying

Maintaining

Setting Up

Opting In

The Deploying step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment. This step allows you to export and import setup data across instances using spreadsheets or configuration packages. You can also compare and validate setup data across instances using reports and dashboards. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/implement-project-financial-management-applications.html#OAPFM2356111

Q61. 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?

You must activate Page Composer.

You should be on the Project Custom Objects page.

You must be in an active sandbox.

You should enable the “Create Infolet” option from the Personalize Springboard page.

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

Q62. Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

Create a revenue method with a revenue method classification of Amount Based.

Create a revenue method with a revenue method classification of Rate Based.

Create a revenue method classification with a revenue method of Percent Spent.

Create a revenue method classification with a revenue method of Percent Complete.

Q63. 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.)

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

The employee is not assigned with a supervisor.

Project roles are not assigned in the project.

The employee is not assigned to a department.

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-foundation-configuration-define-project-resource-breakdown-structures.html#OAPFM180158_2 Why can’t I find persons in the list of resources when I enter team members, planning resources, or person rate schedules?
You can’t find persons in the list of resources when you enter team members, planning resources, or person rate schedules in the following situations:
The administrator didn’t assign a department while creating users. Persons must have an active assignment and be assigned to a department in Oracle Fusion Human Capital Management before they can be added as team members or entered as resources on the planning resource breakdown structure or person rate schedule.
The resource isn’t active in Oracle Fusion Human Capital Management because the current date is before the effective date of the resource. If you want to include persons who will start in the future, select the Include people with future-dated effective start dates option when you search for the person.
Persons assigned as project managers aren’t active as of the project start date.
The assignment of the person is terminated, and an appropriate value isn’t set for the number of days to display people with terminated assignments. You can set the profile value appropriately at the site profile level using the Specify Number of Days to Display People with Terminated Assignments task in the Setup and Maintenance work area.

Q64. Your customer has a requirement to import and process third-party transactions that are “costed” and “accounted”.
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)

Import Options

Document Options

Transaction Source Options

Document Entry Options

Reference https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJC/F1071488AN1004C.htm To import and process third-party transactions that are costed and accounted, you need to set the Transaction Source Options for the transaction source that you use to import the transactions. The Transaction Source Options allow you to specify whether the transactions are costed and accounted by the source system or by Oracle Fusion Cost Management. You can also specify whether to validate and transfer costs and accounting entries to projects and general ledger. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-costs.html#OAPFM2355941

Q65. Which three setups can be configured by using Rapid Implementation for Project Financial Management Applications?

Expenditure Types

Project Templates

Work Type

Project Types

Project Class Categories

Rapid Implementation for Project Financial Management Applications allows you to configure some common setups for project costing and billing using predefined templates and spreadsheets. Some of the setups that can be configured using Rapid Implementation are expenditure types, project templates, and project types. Work types and project class categories are not part of Rapid Implementation. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/implement-project-financial-management-applications.html#OAPFM2355871

Q66. Select two correct statements about project classifications on a template. (Choose two.)

Set Code is not required for a project class category in a project classification.

Project Classification is a mandatory field on a project template.

When a project is created from a template, the required project classifications must be entered.

Project class category in a project classification must be associated with a Set Code.

Q67. Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement. (Choose the best answer.)

Accounting Method

Journal Rules

Supporting Reference

Accounting Rule

Mapping Sets

Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125357.htm#OAPFM1125357 Assignment of Supporting Reference Supporting references may be used to capture transaction values on journal entry lines. A supporting reference can be used on a journal entry rule set only if it’s assigned a source from the event class of the journal entry rule set.
Creating Supporting Reference: Explained
Supporting references are used to store additional source information about a subledger journal entry at the line level.
Supporting references with balances establish subledger balances for a particular source and account for a particular combination of supporting references plus the account combination.
For example:
If a journal line contains a supporting reference that includes two sources, Customer Type and Customer Name.
Balances are created for the account combination, plus customer name and customer type.
Examples of how you may want to use supporting reference balances are to:
Facilitate reconciliation back to the subledgers and source systems by tagging journal entries with transaction and reference attributes.
Create balances by dimensions not captured in the chart of accounts.
Reporting using dimensions not captured in the chart of accounts.
Enrich Oracle Fusion Business Intelligence Applications reporting on subledger journals.
Profit and loss balances by dimensions not captured in the chart of accounts Define supporting references to hold additional supporting information for detailed account balance maintenance or reconciliation and reporting requirements.

Q68. Which three setups can be configured by using Rapid Implementation for Project Financial Management Applications?

Expenditure Types

Project Templates

Work Type

Project Types

Project Class Categories

Q69. Which data format is supported by SOAP Web services to establish communication between web services consumers and web services providers?

CSV

XML

JSON

XLSX

XML (Extensible Markup Language) is the data format that is supported by SOAP (Simple Object Access Protocol) Web services to establish communication between web services consumers and web services providers. XML is a standard format that allows data to be exchanged across different platforms and applications. SOAP Web services use XML to encode the messages and data that are sent and received between the web services endpoints. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/integrate-project-financial-management.html#OAPFM2356071

Q70. Which three features are part of Oracle Fusion Functional Setup Manager?

feature opt-in for a best fit configuration

export and import services for setup data migration between environments

guided task list for end-to-end setup requirements

updating an implementation project task list by changing the opt-in configuration to suit the latest requirements

modifying an existing implementation project task list by selecting more functional areas when needed

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

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