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1z0-1057-24 Sure Pass, Latest 1z0-1057-24 Braindumps Sheet

The Oracle Project Management Cloud 2024 Implementation Professional (1z0-1057-24) certification is a requirement if you want to succeed in the Oracle industry quickly. But after deciding to take the 1z0-1057-24 exam, the next challenge you face is the inability to find genuine 1z0-1057-24 Questions for quick preparation. People who don't study with 1z0-1057-24 real dumps fail the test and lose their precious resources.

Oracle 1z0-1057-24 Exam Syllabus Topics:

Topic
Details

Topic 1

Configure Project Billing: Targeting billing specialists, this section involves configuring project cross-charging and transfer pricing, and managing project invoicing and revenue processes to ensure accurate and efficient billing operations.

Topic 2

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 3

Describing Applications Security: Aimed at security administrators, this section covers the Applications Security Console, identification of roles in a seeded security implementation, and management of roles and duties to ensure secure access and operations.

Topic 4

Configure Project Management: Aimed at project execution managers, this section describes common project execution components, managing issues and deliverables, project requirements, configuring social networks for project execution, managing project gates, and using Application Composer for project execution management to ensure seamless project operations.

Topic 5

Configure Project Foundation: This section assesses the skills of project foundation specialists and includes setting up project calendars and periods, defining types and categorizations, managing project resources, describing rate schedules, project types, setting up transaction sources, and managing labor schedules to establish a solid foundation for project management.

Topic 6

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 7

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 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.

Topic 9

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 10

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 11

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.

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Oracle Project Management Cloud 2024 Implementation Professional Sample Questions (Q72-Q77):

NEW QUESTION # 72
Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)

A. Accounting Rule
B. Journal Rules
C. Mapping Sets
D. Supporting References
E. Accounting Method

Answer: D

Explanation:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125357.htm#OAPFM1125357 Assignment of Supporting References Supporting references may be used to capture transaction values on journal entry lines. A supporting reference can be used on a journal entry rule set only if it's assigned a source from the event class of the journal entry rule set.
Creating Supporting References: Explained
Supporting references are used to store additional source information about a subledger journal entry at the line level.
Supporting references with balances establish subledger balances for a particular source and account for a particular combination of supporting references plus the account combination.
For example:
* If a journal line contains a supporting reference that includes two sources, Customer Type and Customer Name.
* Balances are created for the account combination, plus customer name and customer type.
Examples of how you may want to use supporting reference balances are to:
* Facilitate reconciliation back to the subledgers and source systems by tagging journal entries with transaction and reference attributes.
* Create balances by dimensions not captured in the chart of accounts.
* Reporting using dimensions not captured in the chart of accounts.
* Enrich Oracle Fusion Business Intelligence Applications reporting on subledger journals.
* Profit and loss balances by dimensions not captured in the chart of accounts Define supporting references to hold additional supporting information for detailed account balancemaintenance or reconciliation and reporting requirements.

NEW QUESTION # 73
Whichtwoattributes are available while enabling a task as a business object for social networking?

A. Task Number
B. Creation Date
C. Task
D. Project Number
E. Project

Answer: C,E

Explanation:
To enable a task as a business object for social networking, you need to select the task and the project attributes. These attributes allow you to identify the task and the project it belongs to, and to view the social conversations related to them. Task number and creation date are not available as attributes for social networking. Project number is available, but it is not required to enable a task as a business object.Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-tasks.
html#OAPFM2355891

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

Answer: B

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
Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, they decide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category
"Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

A. Funding source class category is assigned to all project types.
B. Product class category is not enabled for "available as accounting source".
C. Funding source class category is not enabled for "available as accounting source".
D. Funding source class category is enabled for "available as accounting source".

Answer: C

Explanation:
Ref:https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-foundation- configuration-define-types-and-categorizations.html#OAPFM222700 Topic - Manage Project Class Categories Setting Up Class Categories: Points to Consider Available as Accounting Source This option indicates if theclass category is available as an accounting source so that Oracle Fusion Subledger Accounting can use the category to create mapping sets, account rules, journal line rules, and description rules.
Only one class category at a time is available as an accounting source in Oracle Fusion Subledger Accounting.
To change the class category that Oracle Fusion Subledger Accounting uses, deactivate the old class category and create a new one with a different date range.

NEW QUESTION # 76
Which two statements are true about a project in "Draft" status? (Choose two.)

A. Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
B. Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
C. Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
D. Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.

Answer: B,C

Explanation:
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEM/OAPEM1122096.htm The following table lists the project statuses and what you can do with projects in that status.
Project Status
What you can do?
Draft
* Project managers can view draft projects in the Project Manager Dashboard and use the projects for requirements planning.
* Team members can't see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
Active
* Project managers can view active projects in the Project Manager Dashboard and use the projects for requirements planning, project execution, and reporting.
* Team members can view task assignments on active projects on the Team Member Dashboard and My Work area.
Pending Close
* Project managers can view pending projects in the Project Manager Dashboard and use the projects for project tracking, and reporting.
* Team members can view task assignments on pending projects on the Team Member Dashboard and My Work area.
Submitted
* Project managers can view submitted projects in the Project Manager Dashboard and use the projects for project tracking, and reporting.
* Team members can view task assignments on submitted projects on the Team Member Dashboard and My Work area Closed
* Project managers can't view closed projects in the Project Manager Dashboard or use the projects for requirements planning, project execution, and reporting.
* Team members can't view tasks of closed projects on the Team Member Dashboard or in the My Work area.

NEW QUESTION # 77
......

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