Online Access Free 1z0-1057-20 Practice Test

You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

• A.800
• B.1000
• C.900
• D.600

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.)

• A.Accounting Method
• B.Accounting Rule
• C.Journal Rules
• D.Mapping Sets
• E.Supporting References

Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these class categories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

• A.Class codes should be assigned to project unit.
• B.Class categories should be assigned to business unit.
• C.Class codes should be associated with a related set code
• D.Class categories should be

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.)

• A.The employee is not assigned to a department.
• B.Project roles are not assigned in the project.
• C.The employee is not assigned to the project-owning organization.
• D.The employee is not assigned with a supervisor.

Which three are part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

• A.Prepare setup data.
• B.Upload setup data.
• C.File Import and Export.
• D.Import Projects.
• E.Generate CSV files.