Pass Your Project Financials Management Cloud 1z0-1057-22 Exam on Dec 24, 2022 with 128 Questions [Q12-Q31] – IT Certification Exam Questions & Answers

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Pass Your Project Financials Management Cloud 1z0-1057-22 Exam on Dec 24, 2022 with 128 Questions

1z0-1057-22 Free Exam Study Guide! (Updated 128 Questions)

NEW QUESTION 12
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.

NEW QUESTION 13
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

Position

Dynamic

Static

Flexfield

Job

NEW QUESTION 14
Which precedence order is used by the system for labor schedules to distribute payroll cost?

Element > Assignment Element > Assignment

Assignment > Assignment Element > Element

Assignment > Element > Assignment Element

Assignment Element > Element > Assignment

NEW QUESTION 15
Which application generates external roles to grant both function and data security? (Choose the best answer.)

Authorization Policy Manager

Oracle Identity Manager

Business Process Manager

Functional Setup Manager

NEW QUESTION 16
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.

NEW QUESTION 17
Which three are valid password complexity criteria while setting up password policies? (Choose three.)

Complex: At least 8 characters, 1 uppercase, and 1 number

Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special characters

Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1 special character

Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1 special character

Simple: At least 8 characters and 1 number

NEW QUESTION 18
Stigma consulting has been hired by a client to implement Project Management Cloud. Which role should they assign to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook?

Project Executive

Project Integration Specialist

Project Administrator

Project Application Administrator

NEW 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.)

USD 184

USD 120

USD 134

USD 70

NEW QUESTION 20
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

NEW QUESTION 21
You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error message: “The search for resources cannot be completed because the project resource search index is not available. Contact your help desk.” Identify the cause for this error message. (Choose the best answer.)

The index is not in the process.

The index has been built.

The index is in the process of being updated.

The most recent update of the index finished successfully.

NEW QUESTION 22
Your organization has been awarded a new contract based on which you are allowed to sell:
Items not tracked in inventory
Inventory items
Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

Create two contract lines with a line type each of “free-form, project-based buy agreement” and “bundle sell, project-based”.

Create two contract lines with a line type each of “sell intent, free-form, project-based” and “sell intent, item, project-based”.

Create two contract lines with a line type each of “product, project-based, sell agreement, standalone” and “sell intent, item, project-based”.

Create two contract lines with a line type each of “sell intent, item, project-based’ and “subscription, project-based, sell”.

NEW QUESTION 23
Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?
(Choose two.)

Expenditure Type

Task

Top resource

Expenditure Category

Project

NEW QUESTION 24
Which three tools are available for accessing REST APIs?

cURL

Web Browser

Oracle Transactional Business Intelligence

Programming Language

NEW QUESTION 25
Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two)

Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.

Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.

Use the predefined Bell Curve spread with small deviations on the spread points.

Use the predefined S-Curve spread with small deviations on the spread points.

NEW QUESTION 26
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

NEW QUESTION 27
Which three tasks can be performed using the project requirements work area? (Choose three.)

creating projects and tasks in the context of backlog items.

creating issues for the backlog items.

adding scrum master to backlog items.

tracking backlog item status from the requirement storyboard.

creating change orders for the backlog items.

NEW QUESTION 28
While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

project classification

project type

project unit

project organization

NEW QUESTION 29
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

NEW QUESTION 30
Which three can be tracked as Status tracking for Project Invoice Approval Notifications? (Choose three.)

Person assigned for approval

Prior actions

Pre-approval activities

Date-wise updates to the document

Persons with whom it is still pending approval

NEW QUESTION 31
When setting up capitalization options on a project type, you have decided to enable the Require Complete Asset Definition option. If this option is enabled, the “Transfer Assets to Oracle Fusion Assets” process will place asset lines with complete definition into which queue in Oracle Fusion Assets?

New

Hold

Posted

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