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

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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.
Daniel Cloud
Quiz by Daniel Cloud, updated more than 1 year ago
Daniel Cloud
Created by Daniel Cloud over 2 years ago
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Resource summary

Question 1

Question
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?
Answer
  • 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.

Question 2

Question
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?
Answer
  • Project Manager
  • Project Administrator
  • Project Application Administrator
  • Project Accountant

Question 3

Question
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.
Answer
  • Calendar Types
  • Project Accounting Periods
  • Accounting Periods
  • PA Calendar
  • PA-GL Periods

Question 4

Question
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.
Answer
  • 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.

Question 5

Question
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?
Answer
  • Import Options
  • Document Options
  • Transaction Source Options
  • Document Entry Options

Question 6

Question
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.
Answer
  • P
  • Q
  • R
  • S

Question 7

Question
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.
Answer
  • 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.

Question 8

Question
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.
Answer
  • Standard Unit Cost
  • Actual Unit
  • Current Cost
  • Estimated Cost
  • Spread Evenly

Question 9

Question
Which two statements describe how the Resource Qualification Score is calculated?
Answer
  • 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.

Question 10

Question
Which three tools are available for accessing REST APis?
Answer
  • Programming Language
  • Web Browser
  • cURL
  • Oracle Transactional Business Intelligence

Question 11

Question
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.
Answer
  • USD 184
  • USD 120
  • USD 134
  • USD 70
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