Online Access Free Oracle.1Z0-1057-21.v2022-04-18.q34 Practice Test (Page 3)

1Z0-1057-21 Exam Question 6

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 reviewthe 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.)

A.Allocate rental costs once each accounting period by using the "spread evenly" allocation method.

B.Define allocationbasis by using Actual Amounts with aperiod-to-date amount class.

C.Allocate rental costs once each accounting period by using the"full" allocation method.

D.Allocate to all eligible tasks and prorate the allocation by thetotal actual raw costaccrued for each task during theprevious accounting period.

E.Define allocation basis by using Actual Amounts with a project-to-date amount class.

1Z0-1057-21 Exam Question 7

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.)

A.Only new expenditure items charged to the task use the new burden schedule; expenditure itemsprocessed earlier cannot be reprocessed.

B.Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.

C.You can enable automatic reprocessing of expenditureitems processed before the burden schedule change.

D.All expenditure items charged to the task use the new burden schedule.

1Z0-1057-21 Exam Question 8

While opening an organization tree on the Manage OrganizationTrees 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.)

A.You opened the hierarchy by clicking the name.

B.You used View Tree Version in the action menu.

C.You selected theEdit iconfor opening the hierarchy.

D.You used Create Tree Version in the action menu.

E.You usedCreate Treein the action menu.

1Z0-1057-21 Exam Question 9

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 setup 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

Correct Answer: D

Explanation
Reference: https://docs.oracle.com/en/cloud/saas/applications-common/19b/facia/define-enterprise-structures.htm ReferenceData Sharing Methods Variations exist in the methods used to share data in reference data sets across different types of objects. The following list identifies the methods:
Assignment to one set only, no common values allowed. This method is the simplestform of sharing reference data that allows assigning a reference data object instance to one and only one set. For example, Asset Prorate Conventions are defined and assigned to only one reference data set. This set can be shared across multiple asset books, but all the values are contained only in this one set.
Assignment to one set only, with common values. This method is the most commonly used method of sharing reference data that allows defining reference data object instance across all sets. For example, Receivables Transaction Types are assigned to a common set that is available to all the business units. You need not explicitly assign the transaction types to each business unit. In addition, you can assign a business unit-specific set of transactiontypes. At transaction entry, the list of values for transaction types includes the following:
Transaction types from the set assigned to the business unit.
Transaction types assigned to the common set that is shared across all business units.
Assignment to multiple sets, no common values allowed.The method of sharing reference data that allows a reference data object instance to be assigned to multiple sets. For instance, Payables Payment Terms use this method.It means that each payment term can be assigned to one or more than one set.For example,you assign the payment term Net 30 to several sets but assign Net 15 to a set specific only to your business unit. At transaction entry, the list of values for payment terms consists of only the set that isassigned to the transaction's business unit.
Note: Oracle Fusion Applications contains a reference data set called Enterprise. Define any reference data that affects your entire enterprise in this set. Also update the data set going forward as you create new reference data items.

1Z0-1057-21 Exam Question 10

You are trying to create a custom infolet but are notable to find the "Create Infolet" option in the Infolet repository window. Whichtwosteps should be completed before you can access the "Create Infolet" option?

A.You must activatePage Composer.

B.You should be on the Project Custom Objects page.

C.You must be in anactive sandbox.

D.You should enable the "Create Infolet" option from the Personalize Springboard page.

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1Z0-1057-21 Exam Question 6

1Z0-1057-21 Exam Question 7

1Z0-1057-21 Exam Question 8

1Z0-1057-21 Exam Question 9

1Z0-1057-21 Exam Question 10

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