1Z0-1057-22 Online Practice Questions and Answers

Correct Answer: D

Reference https://docs.oracle.com/en/cloud/saas/applications-common/19b/facia/define- enterprise-structures.html#FACIA462453 Reference Data Sharing Methods Variations exist in the methods used to share data in reference data sets across different types of objects. The following list identifies the methods: Assignment to one set only, no common values allowed. This method is the simplest form of sharing reference data that allows assigning a reference data object instance to one and only one set. For example, Asset Prorate Conventions are defined and assigned to only one reference data set. This set can be shared across multiple asset books, but all the values are contained only in this one set. Assignment to one set only, with common values. This method is the most commonly used method of sharing reference data that allows defining reference data object instance across all sets. For example, Receivables Transaction Types are assigned to a common set that is available to all the business units. You need not explicitly assign the transaction types to each business unit. In addition, you can assign a business unit-specific set of transaction types. At transaction entry, the list of values for transaction types includes the following: Transaction types from the set assigned to the business unit. Transaction types assigned to the common set that is shared across all business units. Assignment to multiple sets, no common values allowed. The method of sharing reference data that allows a reference data object instance to be assigned to multiple sets. For instance, Payables Payment Terms use this method. It means that each payment term can be assigned to one or more than one set. For example, you assign the payment term Net 30 to several sets but assign Net 15 to a set specific only to your business unit. At transaction entry, the list of values for payment terms consists of only the set that is assigned to the transaction's business unit. Note: Oracle Fusion Applications contains a reference data set called Enterprise. Define any reference data that affects your entire enterprise in this set. Also update the data set going forward as you create new reference data items.

Correct Answer: BC

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/execute- project-tasks-and-deliverables.html#OAPEM1122082 Followers are persons who aren't working on the task but have an interest in reviewing the task progress. Only the resources and other followers can add followers to a task. If a resource assigns the task to another team member, the application automatically changes the original resource to a follower. What's the difference between my tasks and tasks that I follow? You can edit task details and enter progress for your tasks on the Manage Tasks page. If a task has multiple resources, only the primary resource can edit the task. When you follow a task, you can view the task details and see the task activity stream. You receive e- mail notifications of changes that team members make to the task. If a resource reassigns the task to another team member, then the previous resource automatically becomes a follower.

Correct Answer: B

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio- management/19a/fapfm/implementing-project-financial-management- applications.html#FAPFM969761

Topic - Entering Planning Resource Breakdown Structure Details Click Navigator > Setup and Maintenance, and search for the Manage Planning and Billing Resource Breakdown Structures task.

Click the Manage Planning and Billing Resource Breakdown Structures link. Use the Manage Planning and Billing Resource Breakdown Structures page to create new planning resource breakdown structures and to review existing planning

and billing resource breakdown structures.

Click the Create icon in the Planning Resource Breakdown Structures section. Use the Create Planning Resource Breakdown Structure: Basic Information page to provide basic resource breakdown structure information including the name,

active dates, and project unit. Enter a planning resource breakdown structure name and select a date from which the resource breakdown structure is available for use.

Optionally, provide a description and a date to which the planning resource breakdown structure is available for use.

Select a project unit. Only projects created for the selected project unit can use this planning resource breakdown structure.

If you want to allow project managers to add planning resources at the project level, then select the Allow resource changes at project level check box.

Tip: Changes at the project level don't move back to the parent planning resource breakdown structure. Deselect this option to ensure all project using the planning resource breakdown structure use the same resources.

Optionally, select a Job Set as a source of jobs for creating planning resources on your planning resource breakdown structure.

Click Save.

Correct Answer: B

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/analyze- project-management-performance.html#OAPEM1313471

Topic - Project Labor Demand: How It's Calculated

Settings That Affect Project Labor Demand

Project application administrators must do the following to set up how project labor demand is calculated:

Organize projects into hierarchical groups on the Manage Enterprise Project Structure page. Change the quarterly FTE hours for the organization on the Define Project Management Implementation Options page, if different from 520 hours.

Note: You can choose to view labor demand annually instead of quarterly. The Project Hierarchy Viewer uses the current date to determine which year or quarter to display.

Correct Answer: AC

Correct Answer: C

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjf/manage- project-plan-tasks-and-task-assignments.html#OAPJF75076

Correct Answer: AC

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project- billing-configuration-define-transfer-pricing.html#OAPFM3094619

Correct Answer: C

Correct Answer: AD

Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEM/OAPEM1122096.htm The following table lists the project statuses and what you can do with projects in that status.

Project What you can do?

Status

Draft Project managers can view draft projects in the Project Manager Dashboard and use the projects for requirements planning.

Team members can't see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

Active Project managers can view active projects in the Project Manager Dashboard and use the projects for requirements planning, project execution, and reporting.

Team members can view task assignments on active projects on the Team Member Dashboard and My Work area.

Pending Project managers can view pending projects in the Project Manager Dashboard and use the projects for Close project tracking, and reporting.

Team members can view task assignments on pending projects on the Team Member Dashboard and My Work area.

Submitted Project managers can view submitted projects in the Project Manager Dashboard and use the projects for project tracking, and reporting.

Team members can view task assignments on submitted projects on the Team Member Dashboard and My Work area

Closed Project managers can't view closed projects in the Project Manager Dashboard or use the projects for requirements planning, project execution, and reporting.

Team members can't view tasks of closed projects on the Team Member Dashboard or in the My Work area.

Correct Answer: E

Reference https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_988B43C997365159E040D30A68813832 https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125377AN61D92.htm