Oracle Project Management Cloud 2020 Implementation Essentials

Question 1

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 can be if the business object has scope enabled for the setup data export.

B. A scope value is used to assign users who can perform a task within an implementation project.

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. Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.

Correct Answer: A,C

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 2

You want to create a few project roles so as to restrict access in the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A. Project Manager- Security based on Project Assignment

B. Project Billing Specialist- Security based on Contract BU

C. Project Team Member- Security based on Project Assignment

D. Project Executive- Security based on Project Hierarchy

E. Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue

Correct Answer: A,C

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 3

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

A. Oracle Identity Manager

B. Authorization Policy Manager

C. Business Process Manager

D. Functional Setup Manager

Correct Answer: A

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 4

In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A. expenditure type exclusions on the Capitalized Interest rate schedules

B. expenditure items whose costs are applied to a single asset or multiple assets

C. expenditure type exclusions on the Capitalized Interest rate name

D. common costs on the project/task

E. expenditure items whose cost spreads across multiple assets that are capitalized

Correct Answer: B

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 5

Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement. (Choose two.)

A. billing controls

B. bill plan

C. invoice method

D. expenditure items

E. billing events

Correct Answer: A,B

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 6

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-owning 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 unit 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 expenditure organization 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.

Correct Answer: B

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 7

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 Billing Specialist Template for Project Organization Security

E. Project Accountant Template for Project Organization Security

Correct Answer: B,C

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 8

Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)

A. Contract Line

B. Projects

C. Task

D. Contract Header

E. Expenditure Type

Correct Answer: A,B,C

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 9

You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish? (Choose two.)

A. Receive email notifications about changes that team members make to a task.

B. View task details and the task activity stream.

C. Edit task details.

D. Enter progress for tasks.

Correct Answer: A,B

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Question 10

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

A. Create an implementation project.

B. Create an execution project.

C. Manage your list of backlog items.

D. Create project tasks for backlog items.

E. Organize backlog items by requirements.

Correct Answer: C,D,E

Explanation: Only visible for Actualtests4sure members. You can sign-up / login (it's free).

Oracle Project Management Cloud 2020 Implementation Essentials - 1z0-1057-20 Exam Practice Test

Latest Update

Useful Links

Contact Us