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 1z0-1057-24 Dumps with Practice Exam Questions Answers

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Last Update: Mar 22, 2025

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1z0-1057-24 Questions and Answers

Question # 1

What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)

A.

Manage Project Unit Organizations

B.

Mange Business Unit

C.

Manage Project Organization Classifications

D.

Mange Project Types

E.

Manage Project Unit Options

Question # 2

Which two statements are true about the cross-charge method, Borrowed and Lent?

A.

This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.

B.

Costs or revenue are shared based on transfer price rules with this method.

C.

You must set up the contract business unit to use this method.

D.

This method creates a formal internal invoice.

Question # 3

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

What is the reason for this problem?

A.

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

B.

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.

C.

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.

D.

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.

Question # 4

You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

A.

1000

B.

900

C.

800

D.

600

Question # 5

You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect. (Choose two.)

A.

A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.

B.

The association of a deliverable with a task is dependent on associating a requirement with a task.

C.

A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.

D.

You associate a deliverable with a task, independent of associating a requirement with a task.

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