1z0-1057 Free Practice Test

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

1. A. Create an implementation project.
2. B. Organize backlog items by requirements.
3. C. Create an execution project.
4. D. Create project tasks for backlog items.
5. E. Manage your list of backlog items.

Correct Answer: BDE
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapem/manage-project-requirements.ht
Project Requirements: Explained
Requirements enable you to capture your business needs. If you manage projects using the Agile development methodology, you start by identifying the high-level requirements and decomposing them further to manage the completion of work on the requirement.
You use the Project Requirements work area to:
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Your business user has created a purchase order (PO) that has the following attributes: Accrue at Receipt = Yes
Matching Option = 2 way Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the “Import and Process Cost transactions” ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as “Oracle Payables”. The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

1. A. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
2. B. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
3. C. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
4. D. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.

Correct Answer: BC

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. (Choose the best answer.)

1. A. Cascade change to the start date.
2. B. Do not cascade date changes.
3. C. Cascade change to the finish date.
4. D. Cascade change to the start date and the finish date.

Correct Answer: A
Reference
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-control-configuration-m

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

1. A. Run Process to transfer data to interface tables.
2. B. Install an Excel add-in.
3. C. Upload the file to the server.
4. D. Download an Excel template.
5. E. Populate the spreadsheet with data and generate a CSV file.
6. F. Import data into various applications.

Correct Answer: ABCDE
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oefpp/overview.html#External_Data_I

In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

1. A. The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.
2. B. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
3. C. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
4. D. The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.

Correct Answer: B