Oracle Project Portfolio Management Cloud 2018 Implementation Essentials - 1Z0-1008 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

A. project classification B. project type C. project organization D. project unit

Discussion 0

Correct Answer: B Vote an answer

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Question 2

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

A. Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule B. Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule C. Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule D. Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule E. Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate

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Correct Answer: B Vote an answer

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Question 3

Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)

A. assignment to one set only; no common values allowed B. assignment to one set only with common values C. assignment to multiple sets; no common values allowed D. assignment to multiple sets; common values allowed

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Correct Answer: C Vote an answer

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Question 4

Your customer has implemented Oracle Project Portfolio Management Cloud recently and they have hired new employees for their Professions Services business. These employees are set up in Oracle Human Capital Management Cloud, but the Project Administrators are unable to add them as resources in the Planning Resource Breakdown Structure.
What are three conditions for new employees to show up in the list? (Choose three.)

A. All new employees created as persons B. All new employees created as persons must have an active supervisor. C. All new employees created as persons D. All new employees created as persons must have an active project role. E. Current date is before the effective date of the resource, and you did not enable the "Include people with future-dated effective start dates" option during the search.

Discussion 0

Correct Answer: A,C,E Vote an answer

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Question 5

Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A. Flexfield B. Job C. Position D. Dynamic E. Static

Discussion 0

Correct Answer: E Vote an answer

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Question 6

Which setup option is common to both financial and project plan types?

A. Enable the use of a workflow for managing budget or forecasting status changes. B. Identify whether the plan type is the default selection when you create budget or forecast versions. C. Enable the entry of plan amounts in currencies other than the project currency. D. Manage the options for creating control budgets in Oracle Fusion Budgetary Control.

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Correct Answer: C Vote an answer

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Question 7

Select two correct statements about project classifications on a template. (Choose two.)

A. Project Classification is a mandatory field on a project template. B. Set Code isnotrequired for a project class category in a project classification. C. Project class category in a project classification must be associated with a Set Code. D. When a project is created from a template, the required project classifications must be entered.

Discussion 0

Correct Answer: B,D Vote an answer

Question 8

You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task
30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)

A. Two invoices are created using the same contract. B. Bill set number drives the grouping of transactions. C. Invoice generation does not depend on bill plan. The invoices are created based on the contract line. D. Both the contract lines create only a single invoice because they are using the same contract.

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Correct Answer: A,B Vote an answer

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Question 9

You configure one OTBI using Project Cross Subject Area Analysis Real Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)

A. The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures. B. The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures. C. The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures. D. The Bill-To-Customer dimension applies only to Revenue and Invoice measures. E. The Contract and Contract Line dimensions apply only to Invoice measures.

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Correct Answer: B Vote an answer

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Question 10

Whichthreesetups can be configured by using Rapid Implementation for Project Financial Management Applications?

A. Project Types B. Expenditure Types C. Project Templates D. Departments

Discussion 0

Correct Answer: A,B,D Vote an answer