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Oracle 1Z0-1057-23 Pdf Exam Dump, 1Z0-1057-23 Exam Brain Dumps

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q101-Q106):

NEW QUESTION # 101
Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

A. Project Contract Collection Center
B. Project Contract-based billing
C. Project Contract-based costing
D. Contract Team Connect

Answer: C

Explanation:
Reference http://www.oracle.com/us/products/applications/fusion/fusion-proj-port-mang-solut-brief-173079.pdf (Page 2) Flexible Contract-Based Billing Traditional contract and billing systems enforce a rigid relationship between a project and a funding agreement, which can constrain project setup and execution. Oracle Fusion Project Portfolio Management provides a highly flexible approach to project contract-based billing via a non-exclusive relationship between multiple projects and tasks with contracts and contract lines. This means that you will have full control over defining contracts, rates and limits, and when and how to recognize revenue and generate invoices while segregating the planning and execution of your projects.

NEW QUESTION # 102
Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client''s expectations. Identify two valid rules based on which cost association works.

A. If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.
B. If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
C. If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
D. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.

Answer: A

Explanation:
Reference https://docs.oracle.com/cd/E37583_01/doc.1116/e22598/F458900AN13D82.htm How Resource Mapping Is Calculated You can track the cost impact of every resource that has been assigned to a project task and use the resource breakdown structure to view the breakdown of these costs. Oracle Fusion Projects associates the costs of the resources used for tasks with branches and levels in the resource breakdown structure. The process for determining the correct association is managed by rules of precedence.
Oracle Fusion Projects uses the following rules to associate cost amounts with resources:
Select the lowest level in the resource breakdown structure to which a transaction can map.
If there is only one level to which the transaction maps, the cost amounts are mapped to that level.
If the transaction maps to more than one level, Oracle Fusion Projects sums the precedence numbers for all resource types in the branch and gives precedence to the resource element in the branch with the lowest sum.
If more than one branch has the lowest precedence number at the lower level, the application uses the precedence number of the next level up.
If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the lowest number at the lowest level.
If one branch contains a user-defined resource type, precedence is given to the branch that does not contain a user-defined resource type.
Note Oracle Fusion Projects gives more precedence to a lower precedence number. For example, a resource element with a precedence number of 1 is given precedence over a resource element with a precedence number of 10.

NEW QUESTION # 103
You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract. (Choose the best answer.)

A. On Hold > Pending Approval > Active
B. Pending Acceptance > Pending Approval > Active
C. On Hold > Pending Acceptance > Active
D. Pending Approval > Pending Acceptance > Active

Answer: D

Explanation:
Reference https://docs.oracle.com/cloud/latest/common/FASCC/FASCC1124283.htm Topic - Contract Actions and Status Changes: Explained

NEW QUESTION # 104
Which three are valid password complexity criteria while setting up password policies? (Choose three.)

A. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1 special character
B. Complex: At least 8 characters, 1 uppercase, and 1 number
C. Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special characters
D. Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1 special character
E. Simple: At least 8 characters and 1 number

Answer: B

Explanation:
Password complexity criteria are criteria that determine how strong or secure a password must be for a user account. Password complexity criteria can include requirements such as minimum length, uppercase letters, lowercase letters, numbers, special characters, etc. Three of the valid password complexity criteria while setting up password policies are:
Complex: At least 8 characters, 1 uppercase, and 1 number
Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special characters Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1 special character Simple: At least 8 characters and 1 number is not a valid password complexity criterion while setting up password policies, as this criterion does not meet the minimum security standards for Oracle Cloud applications. Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1 special character is also not a valid password complexity criterion while setting up password policies, as this criterion does not meet the minimum length requirement of 8 characters for Oracle Cloud applications. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/set-up-project-financial-management.html#OAPFM2356271

NEW QUESTION # 105
Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?

A. Top resource
B. Expenditure Category
C. Task
D. Project
E. Expenditure Type

Answer: E

Explanation:
Budgetary control is a feature that allows you to monitor and control project costs against approved budgets. You can enter the amounts in the budget versions for these projects at two levels: Task and Project. These levels correspond to the budgetary control levels that are defined for the project type. You can also view and compare the budget amounts and actual costs at these levels using reports and dashboards. Expenditure Type, Top Resource, and Expenditure Category are not levels at which you can enter the amounts in the budget versions for these projects. These are attributes that can be used to group and filter the budget and actual amounts for reporting purposes. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-budgets-and-forecasts.html#OAPFM2356191

NEW QUESTION # 106
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Jack Foster Jack Foster

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