Free Practice Oracle 1Z0-1057-24 Exam Questions 2025

Stay ahead with 100% Free Oracle Project Management Cloud 2024 Implementation Professional 1Z0-1057-24 Dumps Practice Questions

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Total 132 Questions | Updated On: May 04, 2024

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Question 1

Your organization has been awarded a new contract based on which you are allowed to sell:

Items not tracked in inventory

Inventory items

Services

Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A : Create two contract lines with a line type each of “free-form, project-based buy agreement” and “bundle sell, project-based”.

B : Create two contract lines with a line type each of “sell intent, free-form, project-based” and “sell intent, item, project-based”.

C : Create two contract lines with a line type each of “product, project-based, sell agreement, standalone” and “sell intent, item, project-based”.

D : Create two contract lines with a line type each of “sell intent, item, project-based’ and “subscription, project-based, sell”.

Answer: B

Question 2

Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A : Position

B : Dynamic

C : Static

D : Flexfield

E : Job

Answer: C

Question 3

Stigma Consulting wants to implement the program management capability to coordinate and track their strategic programs. Which three components are required to configure the program options as part of implementing the program management capability? (Choose three.)

A : Calendar

B : Calculation Methods

C : Derivation Methods

D : Currencies

E : Accounting Methods

Answer: A,C

Question 4

Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit. Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)

A : assignment to one set only with common values

B : assignment to one set only; no common values allowed

C : assignment to multiple sets; common values allowed

D : assignment to multiple sets; no common values allowed

Answer: D

Question 5

Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

A : Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule

B : Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate

C : Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule

D : Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule

E : Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

Answer: D

Page: 1 / 27

Total 132 Questions | Updated On: May 04, 2024

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