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Quiz on 120-1057-21: Oracle Project Management Cloud 2021 Implementation Essentials - Full, created by Daniel Cloud on 10/11/2021.

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120-1057-21: Oracle Project Management Cloud 2021 Implementation Essentials - Full

Question 1 of 11

1

Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit.
A project accountant in your organization is authorized to access transactions for
the US, UK, and China business units. The project accountant can see the
transactions for the US and UK business units but not for the China business unit.

Why is he not able to see the transactions for the China business unit?

Select one of the following:

  • The application role relevant to the China business unit is not assigned to the project
    accountant.

  • The project accountant is not assigned to the external role that grants access to the
    China business unit.

  • The US and UK business units are linked to different ledgers than the China business
    unit.

  • The China business unit is associated with a different legal entity than the US and UK
    business units.

Explanation

Question 2 of 11

1

Your customer wants a team member who is assigned to a project to be able to
create and submit a forecast, but not to be able to approve the forecast.

What is the default project role that you should assign to the person in the project
to meet this requirement?

Select one of the following:

  • Project Manager

  • Project Administrator

  • Project Application Administrator

  • Project Accountant

Explanation

Question 3 of 11

1

Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve.

Identify two period options that are available for this purpose.

Select one or more of the following:

  • Calendar Types

  • Project Accounting Periods

  • Accounting Periods

  • PA Calendar

  • PA-GL Periods

Explanation

Question 4 of 11

1

Your customer wants a project start date to cascade to the project tasks, but does not want the finish date to be cascaded.

Identify the default setup in a project template that can be used to enable this.

Select one of the following:

  • Cascade change to the start date.

  • Do not cascade date changes.

  • Cascade change to the finish date.

  • Cascade change to the start date and the finish date.

Explanation

Question 5 of 11

1

Your customer has a requirement to import and process third-party
transactions that are "costed" and "accounted".

Which configuration option needs to be set satisfy the requirement?

Select one of the following:

  • Import Options

  • Document Options

  • Transaction Source Options

  • Document Entry Options

Explanation

Question 6 of 11

1

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.

Select one of the following:

  • P

  • Q

  • R

  • S

Explanation

Question 7 of 11

1

You have defined two expenditure types but they are not available for selection when you enter an expenditure batch.

Identify the reason for this problem.

Select one of the following:

  • The two expenditure types are not assigned to the reference data set that is assigned
    to the project unit in which the transaction is performed.

  • The two expenditure types are not assigned to the reference data set that is assigned
    to the project-owning organization in which the transaction is performed.

  • The two expenditure types are not assigned to the reference data set that is assigned
    to the business unit in which the transaction is performed.

Explanation

Question 8 of 11

1

Your customer wants to automatically allocate unassigned asset lines
and common costs across multiple assets based on the construction-in-process cost
of each asset.

Identify the asset allocation method that you must use as the default method while
configuring project types to meet this requirement.

Select one of the following:

  • Standard Unit Cost

  • Actual Unit

  • Current Cost

  • Estimated Cost

  • Spread Evenly

Explanation

Question 9 of 11

1

Which two statements describe how the Resource Qualification Score
is calculated?

Select one or more of the following:

  • An individual's score is 100% if the resource request has a qualification with a
    specified proficiency and the resource does not have the qualification.

  • An individual's score is 100% if the resource request has a qualification, but no
    proficiency is specified and the resource has the qualification.

  • An individual's score is 100% if the resource request has a qualification with a
    specified proficiency and the resource has the qualification that meets the specified
    proficiency.

  • An individual's score is 100% if the resource request has a qualification with a
    specified proficiency and the resource has the qualification with a proficiency that is
    lower or higher than specified.

Explanation

Question 10 of 11

1

Which three tools are available for accessing REST APis?

Select one or more of the following:

  • Programming Language

  • Web Browser

  • cURL

  • Oracle Transactional Business Intelligence

Explanation

Question 11 of 11

1

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.

Select one of the following:

  • USD 184

  • USD 120

  • USD 134

  • USD 70

Explanation