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1z0-1057-24 Pass4sure Questions & 1z0-1057-24 Guide Torrent & 1z0-1057-24 Exam Torrent

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Oracle 1z0-1057-24 Exam Syllabus Topics:

Topic
Details

Topic 1

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 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

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 4

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.

Topic 5

Describing Navigation, User Experience, Personalization, and Approvals: Targeting user experience designers, this section evaluates knowledge of business processes supported by approvals and workflows, setting up approval and notification tasks, and concepts related to navigation, user experience, and personalization within the application.

Topic 6

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 7

Configure Project Costing: Aimed at cost management analysts, this section covers configuring the Project Cost Collection Center, managing burdening and allocations, explaining capitalized interest calculations, describing budgetary controls, configuring Time & Labor for projects, and managing integrations to ensure accurate project costing.

Topic 8

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.

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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q74-Q79):

NEW QUESTION # 74
Stigma consulting has been hired by a client to implement Project Management Cloud. Which role should they assign to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook?

A. Project Application Administrator
B. Project Executive
C. Project Integration Specialist
D. Project Administrator

Answer: C

Explanation:
The Project Integration Specialist role should be assigned to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook. This role allows the user to access the Functional Setup Manager and perform the common setups for project costing and billing using predefined templates and spreadsheets. The user can also monitor and validate the setup data using reports and dashboards. Reference:https://docs.oracle.com/en/cloud/saas/project- portfolio-management/20c/oapfm/implement-project-financial-management-applications.
html#OAPFM2356151

NEW QUESTION # 75
Which two statements are true about the cross-charge method, Borrowed and Lent?

A. Costs or revenue are shared based on transfer price rules with this method.
B. This method creates a formal internal invoice.
C. You must set up the contract business unit to use this method.
D. This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.

Answer: A,D

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjc/process-project-cost- transactions.html#OAPJC284872 What's a borrowed and lent processing method?
A method of processing cross-charge transactions that generates accounting entries to share revenue or transfer costs from theprovider organization to the receiver organization within a legal entity.An internal invoice isn't created but costs or revenue are sharedbased on the transfer price rules.This method provides a financial view of the performance of an organization.

NEW QUESTION # 76
Which application would you use to map application roles to external roles? (Choose the best answer.)

A. Authorization Policy Manager
B. BPM Work List
C. Security Console
D. Oracle Identify Manager

Answer: A

Explanation:
Ref:https://docs.oracle.com/cd/E17904_01/doc.1111/e14431/managing.htm#APMAG3333 Fusion Middleware Administrator's Guide for Authorization Policy Manager Managing Security Artifacts This chapter describes the procedures an administrator follows to manage application-specific security artifacts, view the external role hierarchy, manage the application role hierarchy, andmanage the many-to- many mapping of application roles to external roles from both the application and the external role point of view.
This chapter is divided into the following sections:
* Managing Application Security Artifacts
* Viewing the External Role Hierarchy
* Managing the Application Role Hierarchy
* Mapping Application Roles to an External Role
* Mapping External Roles to an Application Role
Role Mapping Policy
* A Role Mapping Policy is used to determinewhat external subjects(users, groups orExternal Roles) are assigned to the applicable Application Role. The Application Role, when referenced in an Authorization Policy, defines the principals affected by the Authorization Policy. Role Mapping Policies may also include conditions Oracle Identity Manager -Not used for mapping application roles to external roles How do Users Interact with Oracle Identity Manager?
Oracle Identity Manager provides an end-user interface, called the Identity Self Service console, and a system administrator interface, called the Identity System Administration console. Both end-users and system administrators use the web browser to log on to Oracle Identity Manager. Oracle Identity Manager (OIM)
* 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 # 77
Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

A. Payables
B. Receipt Accounting
C. Fixed Asset
D. Purchasing

Answer: A,B,D

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-costing- configuration-define-project-costing-integrations.html#OAPFM3094605 Topic - Deriving Projects-Related Accounts

NEW QUESTION # 78
Which product offering enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools?

A. Project Costing
B. Project Management
C. Resource Management
D. Project Control

Answer: B

Explanation:
Project Management is the product offering that enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools. Project Management allows you to create and manage project plans, tasks, deliverables, issues, milestones, gates, etc. using various methods and sources. You can also monitor and control project progress and performance using dashboards and reports. Resource Management is the product offering that enables you to optimize the utilization and allocation of resources for projects and tasks. Resource Management allows you to create and manage resource requests, assignments, pools, calendars, etc. using various criteria and sources. You can also monitor and analyze resource availability and demand using dashboards and reports. Project Control is the product offering that enables you to simplify the planning, budgeting, and forecasting capabilities for projects and tasks. Project Control allows you to create and manage project budgets, forecasts, financial plans, etc. using various methods and sources.
You can also monitor and control project costs and variances using dashboards and reports. Project Costing is the product offering that enables you to capture and process project costs from various sources and applications. Project Costing allows you to create and manageproject transactions, expenditures, assets, etc.
using various rules and options. You can also generate project costing and accounting entries using dashboards and reports. Reference:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c
/oapfm/overview-project-financial-management.html#OAPFM2356301

NEW QUESTION # 79
......

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Ian White Ian White

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