Oracle PPM (Project Portfolio Management) 1Z0-1008 Dumps

Today, we share Oracle PPM (Project Portfolio Management) 1Z0-1008 Dumps to help you prepare for 1Z0-1008 exam. 1Z0-1008 Oracle Project Portfolio Management Cloud 2018 Implementation Essentials is the requirement of Oracle Project Portfolio Management Cloud 2018 Certified Implementation Specialist Certification. New Oracle PPM (Project Portfolio Management) 1Z0-1008 Dumps cover all topics in the real 1Z0-1008 exam, which will be the valid dumps with 100% passing guarantee.

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1. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles: 0-4-10-11-14-13-10-4-0-0.

Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two.)


2. 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.)


3. In your customer site, the capitalized interest calculation is implemented on their project types.

Which option represents the costs considered in the interest calculation? (Choose the best answer.)


4. As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.

Identify the reason for this problem. (Choose the best answer.)


5. Select two correct statements about project classifications on a template. (Choose two.)


6. Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)


7. You want to create a few project roles so as to restrict access in the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member.

What are the two default project roles available to meet this requirement? (Choose two.)


8. 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.)


9. You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).

Then Bill Plan A is allocated against Project X C Task 10, and Bill Plan B is allocated against Project Y C Task 30.

Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)


10. Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods.

Which two statements are true about how project accounting and accounting dates will be populated in such invoices? (Choose two.)


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


12. You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)


13. You have defined two expenditure types but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)


14. Which application generates external roles to grant both function and data security? (Choose the best answer.)


15. Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page. An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10.

Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)


16. You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)


17. Which two statements are true about a project in “Draft” status? (Choose two.)


18. Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit.

Why is he not able to see the transactions for the China business unit? (Choose the best answer.)


19. Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)


20. Your customer has a requirement to import and process third-party transactions that are “costed” and “accounted”.

Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)


21. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.

The program’s processing summary is as follows:

Billing Event Errors 0

Ineligible Contracts 0

Successfully Billing Events Created 0

Ineligible Contract Lines 0

Billing Transaction Exception Errors 0

Ineligible Bill Plans 0

Billing Transaction Exception Warnings 0

Ineligible Associated Projects 0

Successful Billing Transactions 0

Ineligible Expenditure Items 0

Draft Invoice Exception Errors 0

Ineligible Events 0

Draft Invoice Exception Warnings 0

Successful Draft Invoices 0

What was the invoice method classification set to that caused this behavior? (Choose the best answer.)


22. A consulting services company is currently working on a business transformation project for your client, which spans multiple years.

At the first period close, the consulting services company has recognized revenue and the accounting entry created is:

Dr Unbilled Receivables 40,000

Cr Revenue 40,000

At the end of the period, the client is sent an associated bill.

What would be the corresponding invoice accounting entry? (Choose the best answer.)


23. You have projects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that these distribution set lines are not validated against the project transaction controls and you are allowed to save it without any validation errors.

Identify the reason why the project transaction controls are not applied. (Choose the best answer.)


24. You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month.

Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)


25. Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve.

Identify two period options that are available for this purpose. (Choose two.)


26. 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.)


27. A project administrator is trying to assign a team member for a project, but cannot find the person in the team member list on the Project Definition page.

What is the reason for this problem? (Choose the best answer.)


28. You are trying to create a project purchase order (PO) but you are unable to select Expenditure Organization in the PO. Identify two reasons for this problem. (Choose two.)


29. Your business user has created a purchase order (PO) that has the following attributes:

Accrue at Receipt = Yes

Matching Option = 2 way

Receipt Close Tolerance = 100%

After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the “Import and Process Cost transactions” ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as “Oracle Payables”. The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)


30. Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio Management and Oracle Project Portfolio Management Cloud. (Choose three.)


31. Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)


32. Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)


33. 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.)


34. Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.

What feature would you use to meet this requirement? (Choose the best answer.)


35. Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement. (Choose the best answer.)


36. Identify the attribute of a project type that determines if expenditure items are billable, and the amount type to be used as the basis for transfer pricing. (Choose the best answer.)


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