Online Access Free 1z0-1057-22 Practice Test

Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?

• A.Project Control
• B.Project Costing
• C.Project Billing
• D.Enterprise Contract Management

You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.
Which two are correct statements in this scenario? (Choose two.)

• A.A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
• B.You associate a deliverable with a task independent of associating a requirement with a task.
• C.A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
• D.The association of a deliverable with a task is dependent on associating a requirement with a task.

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.)

• A.Q
• B.P
• C.S
• D.R

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?

• A.Subledger Accounting
• B.Project Costing
• C.General Ledger
• D.Project Foundation

You have been hired as a project manager for implementing the Project Financial Management and Project Execution Management offering by an organization. The Chief Information Officer of the deploying organization has requested you to explain the benefits of using the implementation project-based approach over the functional area-based approach.
Which two are the main benefits of using the implementation projects within Functional Setup Manager? (Choose two.)

• A.Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.
• B.Implementation Project helps you to use the manage setup data entry in bulk option.
• C.Implementation Project gives you the flexibility to set up different functional areas of the offering at different times.
• D.Implementation Project helps you to monitor progress of the setup tasks.