1Z0-1057-23 Certification Training | Latest 1Z0-1057-23 Free Practice: Oracle Project Management Cloud 2023 Implementation Professional

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q122-Q127):

NEW QUESTION # 122
Which application generates external roles to grant both function and data security?
(Choose the best answer.)
Response:

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

Answer: C

NEW QUESTION # 123
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.

A. expenditure item
B. project plan type
C. resource
D. project classification
E. project

Answer: E

Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPJF/OAPJF1121937.htm#OAPJF1121937

NEW QUESTION # 124
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. (Choose the best answer.)

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 business 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 project 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.

Answer: C

Explanation:
Ref: Implementing-Project-Financial-Management-and-Grants-Management.pdf (19A Part # F11256-01) Chapter 3 - Define Project Organizations Topic - Set Assignments and Project Data - How They Work Together (Page 29) Business Unit as Set Determinant Business units enable you to control and report on financial transactions, usually for specific geographical entities within the enterprise. For project management purposes, assign the Project Accounting business function to the business unit.
Business unit is a set determinant for the project-related reference data objects described in the following table.
Ref Data Object
Entities
Project Accounting Definition
Project Types
Project Rates
Project rate schedules
Project Unit as Set Determinant
Use project units to enforce consistent project management practices across your enterprise. Project unit is a set determinant for the reference data objects described in the following table.
Ref Data Object
Entities
Project Definition
Class codes, financial plan types, project plan types and project roles Project Transaction Types Expenditure types and work types You can only select class codes, plan types, roles, expenditure types and work types that are assigned to the same set as the project unit. To enable expenditure types and work types for use on projects owned by a project unit, assign the set associated with the Project Transaction Types reference data object to those entities

NEW QUESTION # 125
Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

A. Cost
B. Effort
C. Remaining Plan
D. Manual Entry

Answer: B

Explanation:
Reference https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm Below is an example of the Financial Summary view on the Cost tab of the Project Overview page.

NEW QUESTION # 126
Which three are project gate statuses? (Choose three.)

A. Draft
B. Approve
C. Closed
D. In Review
E. Open

Answer: D

Explanation:
Project gate statuses are values that indicate the progress or completion of a project gate. A project gate is a checkpoint that marks the end of a phase or stage in a project lifecycle. Three of the project gate statuses are:
Open: This status indicates that the project gate is not yet ready for review or approval.
In Review: This status indicates that the project gate is under review or approval by the gate reviewers or approvers.
Closed: This status indicates that the project gate has been reviewed or approved and the project can move to the next phase or stage. Approve and Draft are not project gate statuses, but actions that can be performed on a project gate. Approve is an action that allows a gate approver to approve a project gate and change its status to Closed. Draft is an action that allows a gate owner to create or edit a project gate and change its status to Open. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-execution.html#OAPFM2356251

NEW QUESTION # 127
......

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1Z0-1057-23 Certification Training | Latest 1Z0-1057-23 Free Practice: Oracle Project Management Cloud 2023 Implementation Professional

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q122-Q127):

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