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Project Financials Management Cloud 1z0-1057-24 Exam Dumps

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Total 126 questions

Oracle Project Management Cloud 2024 Implementation Professional Questions and Answers

Question 21

While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. (Choose two.)

Options:

A.

You usedCreate Treein the action menu.

B.

You used Create Tree Version in the action menu.

C.

You used View Tree Version in the action menu.

D.

You selected theEdit iconfor opening the hierarchy.

E.

You opened the hierarchy by clicking the name.

Question 22

In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice. Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.

Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

Options:

A.

The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.

B.

The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.

C.

The project sends only the invoice header to Receivables, not the invoice line description and distributions.

D.

The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.

Question 23

When setting up capitalization options on a project type, you have decided to enable the Require Complete Asset Definition option. If this option is enabled, the "Transfer Assets to Oracle Fusion Assets" process will place asset lines with complete definition into which queue in Oracle Fusion Assets?

Options:

A.

New

B.

Hold

C.

Posted

D.

Post

Question 24

You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity.Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.

Identify two setups that can drive this borrowed and lent agreement. (Choose two.)

Options:

A.

Transfer price basis must beRaw Costand calculation method must beBasis Only.

B.

Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.

C.

A document entry such asstraight time must be enabledfor cross-charge transactions.

D.

Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.

Page: 6 / 9
Total 126 questions