1z0-1057-22 Actual Exam Questions

Last updated on Dec. 20, 2024.
Vendor:Oracle
Exam Code:1z0-1057-22
Exam Name:Oracle Project Management Cloud 2022 Certified Implementation Professional
Exam Questions:54
 

Topic 1 - Exam A

Question #1 Topic 1

Where is the Allow Override option for the Default Capitalized Interest Rate Schedule specified?

  • A. Manage Project Type page
  • B. Manage Capitalized Interest Rate Schedules page
  • C. Manage Capitalized Interest Rates page
  • D. Manage Expenditure Type page
  • E. Manage Project Plan Type page
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Correct Answer: C 🗳️

Question #2 Topic 1

Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement?

  • A. Even
  • B. Daily Spread Basis
  • C. S-Curve
  • D. Bell Curve
  • E. Back Loaded
Reveal Solution Hide Solution   Discussion   1

Correct Answer: A 🗳️

Question #3 Topic 1

When setting up capitalization options on a project type, you have decided to enable the Require Complete Asset Definition option. If this option is enabled, the "Transfer Assets to Oracle Fusion Assets" process will place asset lines with complete definition into which queue in Oracle Fusion Assets?

  • A. New
  • B. Hold
  • C. Posted
  • D. Post
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Correct Answer: D 🗳️

Question #4 Topic 1

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 gives you the flexibility to set up different functional areas of the offering at different times.
  • B. Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.
  • C. Implementation Project helps you to monitor progress of the setup tasks.
  • D. Implementation Project helps you to use the manage setup data entry in bulk option.
Reveal Solution Hide Solution   Discussion   1

Correct Answer: AD 🗳️

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