Get ready to pass the 1z0-1057-22 Exam right now using our Project Financials Management Cloud Exam Package [Q20-Q39]

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Get ready to pass the 1z0-1057-22 Exam right now using our Project Financials Management Cloud Exam Package

A fully updated 2023 1z0-1057-22 Exam Dumps exam guide from training expert Test4Engine

The Oracle 1z0-1057-22 exam is an ideal certification for project managers, implementation consultants, and IT professionals who work with Oracle Project Management Cloud 2022. It is also a valuable certification for individuals who are interested in pursuing a career in project management or expanding their knowledge of Oracle Cloud technologies.

 

QUESTION 20
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?

 
 
 
 

QUESTION 21
Identify three correct statements about project types. (Choose three.)

 
 
 
 
 

QUESTION 22
Which application generates external roles to grant both function and data security? (Choose the best answer.)

 
 
 
 

QUESTION 23
Which three tools are available for accessing REST APIs?

 
 
 
 

QUESTION 24
Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)

 
 
 
 
 

QUESTION 25
Which five steps are required for the File-Based Data Import Integration option?

 
 
 
 
 
 
 

QUESTION 26
Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

 
 
 
 
 

QUESTION 27
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.)

 
 
 
 

QUESTION 28
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.)

 
 
 
 

QUESTION 29
Which three are true of what you can do in the Project Requirements work area?

 
 
 
 
 

QUESTION 30
Which three are project gate statuses? (Choose three.)

 
 
 
 
 

QUESTION 31
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?

 
 
 
 

QUESTION 32
Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

 
 
 
 

QUESTION 33
Which three features are part of Oracle Fusion Functional Setup Manager?

 
 
 
 
 

QUESTION 34
A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)

 
 
 
 

QUESTION 35
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two.)

 
 
 
 
 

QUESTION 36
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

 
 
 
 
 

QUESTION 37
Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

 
 
 
 

QUESTION 38
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.)

 
 
 
 

QUESTION 39
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.)

 
 
 
 

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