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1z0-1057-24 Practice Exam Online | Exam 1z0-1057-24 Overviews

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Oracle 1z0-1057-24 Exam Syllabus Topics:

Topic
Details

Topic 1

Describing Applications Security: Aimed at security administrators, this section covers the Applications Security Console, identification of roles in a seeded security implementation, and management of roles and duties to ensure secure access and operations.

Topic 2

Project Management Overview: This section assesses the skills of project management consultants and focuses on understanding the components of Oracle Project Management Cloud, including its integration capabilities.

Topic 3

Configure Project Billing: Targeting billing specialists, this section involves configuring project cross-charging and transfer pricing, and managing project invoicing and revenue processes to ensure accurate and efficient billing operations.

Topic 4

Configure Project Control: This section measures the skills of project control specialists and focuses on managing project budgets and forecasts to maintain control over project financials and performance.

Topic 5

Configure Project Performance Reporting: This section assesses the skills of performance reporting analysts and includes configuring and managing key performance indicators for project performance reporting to monitor and evaluate project success effectively.

Topic 6

Setting up Common Project Configuration: Targeting project configuration specialists, this section involves managing Subledger Accounting, setting up Project Financial Management Organizations, and managing Reference Data Sharing to ensure consistent and accurate financial reporting.

Topic 7

Using Functional Setup Manager: This section measures the skills of functional setup managers and focuses on understanding the Functional Setup Manager and the Rapid Implementation Workbook, which are essential for configuring and deploying Oracle Project Management Cloud applications.

Topic 8

Configure Project Resource Management: This section measures the skills of resource managers and focuses on defining project enterprise labor resources to optimize resource allocation and utilization.

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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q54-Q59):

NEW QUESTION # 54
Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.
Identify the correct statement about the RBS and new resources. (Choose the best answer.)

A. If the "Allow resource changes at project level" option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.
B. If the "Allow resource changes at project level" option is set toNofor the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.
C. If the "Allow resource changes at project level" option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.
D. If the "Allow resource changes at project level" option is set to Yes for the RBS, the new resources are available automatically at project level.

Answer: B

Explanation:
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
* ClickNavigator > Setup and Maintenance, and search for theManage Planning and Billing Resource Breakdown Structurestask.
* Click theManage Planning and Billing Resource Breakdown Structureslink.
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 theCreateicon 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 levelcheck 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 aJob Setas a source of jobs for creating planning resources on your planning resource breakdown structure.
* ClickSave.

NEW QUESTION # 55
Which data format is supported by SOAP Web services to establish communication between web services consumers and web services providers?

A. CSV
B. XML
C. JSON
D. XLSX

Answer: B

Explanation:
XML (Extensible Markup Language) is the data format that is supported by SOAP (Simple Object Access Protocol) Web services to establish communication between web services consumers and web services providers. XML is a standard format that allows data to be exchanged across different platforms and applications. SOAP Web services use XML to encode the messages and data that are sent and received between the web services endpoints. Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio- management/20c/oapfm/integrate-project-financial-management.html#OAPFM2356071

NEW QUESTION # 56
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

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

Answer: B

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/applications-common/19b/facia/define-approval-management.
html#FACIA3124477
Topic Approval Groups
Each approval group includes a set of users that you configure to act on tasks in a certain pattern. Tasks can be defined to get routed to an approval group instead of an individual user. You can nest approval groups within approval groups.
You have two options for defining the group:
* Static: Select the specific users to include in the group.
* Dynamic: Provide the logic to use to determine the users in the group.

NEW QUESTION # 57
Which application generates external roles to grant both function and data security? (Choose the best answer
.)

A. Authorization Policy Manager
B. Functional Setup Manager
C. Oracle Identity Manager
D. Business Process Manager

Answer: C

Explanation:
Authorization Policy Manager (APM)
APM greatly simplifies the creation, configuration, and administration of application policies APMdoes not support the management of users and external roles;these artifacts can only be viewed with the tool.Their provision and management is typically accomplished using Oracle Identity Manager Oracle Identity Manager (OIM) In regard to enterprise users and external roles, Authorization Policy Manager provides viewing and searching functionality only.To manage users and external roles, use Oracle Identity Manager or some other identity management tool.
OIM provision users, roles, and defines what a user can do in Oracle Cloud Duty Roles are mapped to jobs and assigned access privileges (Data Security)

NEW QUESTION # 58
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. (Choose two.)

A. PA-GL Periods
B. Accounting Periods
C. Calendar Types
D. Project Accounting Periods
E. PA Calendar

Answer: B,D

Explanation:
Reference: https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_87F467307D50416BE040D30A68816855 Spread curves let you distribute quantity, cost, and revenue amounts automaticallyacross accounting or project accounting periods. You assign a spread curve to each resource class. Planning resources (in the planning resource breakdown structure) inherit the spread curve setting from the associated resource class.
You can change the spread curve for the planning resource and for any corresponding task assignments, or budget or forecast lines.

NEW QUESTION # 59
......

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