Free Feb-2025 UPDATED Oracle 1Z0-1057-23 Certification Exam Dumps is Online [Q65-Q83]

NO.65 Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)

Contract Line

Expenditure Type

Projects

Contract Header

Task

NO.66 Your organization has decided to enable the common accounting and project accounting periods option while defining business unit implementation options.
Where will you maintain the accounting period statuses if this option has been enabled?

General Ledger

Project Costing

Project Foundation

Subledger Accounting

NO.67 Stigma Consulting wants to implement the program management capability to coordinate and track their strategic programs.
Which three components are required to configure the program options as part of implementing the program management capability? (Choose three.)

Calendar

Calculation Methods

Derivation Methods

Currencies

Accounting Methods

NO.68 Which three features are part of Oracle Fusion Functional Setup Manager?

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

feature opt-in for a best fit configuration

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

NO.69 You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created under projects. However, when you try to assign the quality manager as Task Manager, you cannot find the person”s name in the list of values. What is the reason for this problem? (Choose the best answer.)

The “Require Task Managers to be Project Team Members” profile option is set to Yes.

The “Require Task Managers to be Project Team Members” profile option is set to No.

The quality manager is not assigned with a supervisor.

The quality manager belongs to a department that is not associated with the project.

NO.70 Identify three correct statements about project types. (Choose three.)

Project type can be enabled for both billing and capitalization.

Project type can be used as a source in subledger accounting.

Classifications can be assigned at project type.

Summarization options can be specified at project type.

Project type can be associated with multiple project units.

NO.71 Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security.

Project Manager Template for Project Organization Security

Project Administrator Template for Project Organization Security

Project Creator Template for Project Organization Security

Project Accountant Template for Project Organization Security

Project Billing Specialist Template for Project Organization Security

NO.72 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 should be on the Project Custom Objects page.

You must activate Page Composer.

You must be in an active sandbox.

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

NO.73 Select two correct statements about project classifications on a template.

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

Project Classification is a mandatory field on a project template.

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

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

NO.74 Which five steps are required for the File-Based Data Import Integration option?

Install an Excel add-in.

Run Process to transfer data to interface tables.

Populate the spreadsheet with data and generate a CSV file.

Download an Excel template.

Validate the sheet using the Validate option.

Upload the file to the server.

Import data into various applications.

NO.75 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 Project Plan Type page

Manage Expenditure Type page

NO.76 Identify the attribute of a project type that determines if expenditure items are billable, and the amount type to be used as the basis for transfer pricing. (Choose the best answer.)

event type

work type

expenditure type

cost type

NO.77 You are trying to create a project purchase order (PO) but you are unable to select Expenditure Organization in the PO. Identify two reasons for this problem.

The organization is not included in the organization tree that is assigned to the business unit that owns the PO.

The organization is not classified as a project-owning organization.

The organization is classified as a project unit.

The organization is not classified as a project expenditure organization.

NO.78 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.)

The Contract and Contract Line dimensions apply only to Invoice measures.

The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.

The Bill-To-Customer dimension applies only to Revenue and Invoice measures.

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.

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.

NO.79 As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)

Pool Membership

Jobs

attributes that the project enterprise resources are assigned after creation

Person Type

Reference https://docs.oracle.com/cloud/farel8/projectcs_gs/OAPEX/F1082603AN23E61.htm Manage Project Enterprise Labor Resource Maintenance Conditions Project Enterprise Labor Resources: How They Are Automatically Created and Maintained Run the Maintain Project Enterprise Labor Resources process to create resources, remove resource availability for staffing, and maintain the resource search index.
Settings That Affect the Maintain Project Enterprise Labor Resources Process Create and maintain project enterprise labor resources by defining a set of conditions that specify the employees and contingent workers in Oracle Fusion Human Capital Management (HCM) to create as resources in Oracle Fusion Project Portfolio Management. Define the resource attribute values, such as the resource calendar and primary project role, to assign to the new resources.
The following table lists the criteria that you define for selecting HCM persons to create as project enterprise labor resources.
Selection Criteria
Description
Person type
Select the HCM person type for the process to use as criteria when selecting HCM persons to create as resources. Available person types are employees, contingent workers, or both employees and contingent workers.
Option to select people based on job
Select this option for the process to create resources for HCM persons with specific jobs.
Caution If you do not select job criteria for this condition, the process will create resources for all eligible people based only on the person type.
Jobs
If you selected the option to select people based on job, then select the jobs for the process to use as HCM person selection criteria.
The following table lists the attributes for which you specify values to assign to resources that are created for the condition.
Resource Attribute
Description
Option to manage resource availability and staffing
Select this option for resource managers to manage the availability and project staffing of resources who are created based on the condition. Resources who are managed in Oracle Fusion Project Resource Management are eligible to fulfill project resource requests.
Calendar
Select the resource calendar for resources that are created based on the condition. The resource calendar defines the work schedule for project enterprise labor resources, and includes working days and hours and any exceptions, such as holidays.
Primary project role
Select the primary project role for resources that are created based on the condition. Project roles are maintained in Oracle Fusion Project Management.
Cost rate and currency
Enter the cost rate and currency for resources that are created based on the condition.
Bill rate and currency
Enter the bill rate and currency for resources that are created based on the condition.

NO.80 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 70

USD 134

USD 184

USD 120

NO.81 Your customer accounts revenue based on, product class category. Because all your customer”s projects are funded by private and government institutions, they decide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category “Funding Source” and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

Funding source class category is assigned to all project types.

Funding source class category is not enabled for “available as accounting source”.

Product class category is not enabled for “available as accounting source”.

Funding source class category is enabled for “available as accounting source”.

NO.82 A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:
and accounting entry for invoice is:

What will be the accounting entry when you reclassify the billing offset balances in the first period?

Dr Deferred Revenue 10000 –

Dr Accounts Receivables 10000 –

Dr Unbilled Receivables 10000 –

Dr Accounts Receivables 10000 –

NO.83 In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice. Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.

The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.

The project sends only the invoice header to Receivables, not the invoice line description and distributions.

The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.