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Oracle Project Portfolio Management Cloud 1Z1-1057 So you can take a best preparation for the exam.
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1Z1-1057 PDF DEMO:
QUESTION NO: 1
Which three tools are available for accessing REST APIs?
A. Web Browser
B. Oracle Transactional Business Intelligence
C. Programming Language
D. cURL
Answer: A,C,D
Explanation
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-
management/18b/fapap/Use_cURL.html REST API = REpresentational State nterface (API)
QUESTION NO: 2
Which five steps are required for the File-Based Data Import Integration option?
A. Import data into various applications.
B. Populate the spreadsheet with data and generate a CSV file.
C. Download an Excel template.
D. Upload the file to the server.
E. Run Process to transfer data to interface tables.
F. Install an Excel add-in.
Answer: B,C,D,E,F
Explanation
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-
management/19b/oefpp/overview.html#External_Data_In
QUESTION NO: 3
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem. (Choose two.)
A. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
B. Unaccounted transactions have not been swept to the next period.
C. The corresponding Oracle Payables Cloud accounting period has not been closed.
D. Pending burden summarization items have not been processed.
E. Unaccounted transactions are not imported.
Answer: A,B
Explanation
Ref:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjb/record- accounting-for-project-bil Topic - Accounting Period and Project Accounting Period Closing: How
Validation Works
QUESTION NO: 4
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.)
A. The US and UK business units are linked to different ledgers than the China business unit.
B. The China business unit is associated with a different legal entity than the US and UK business units.
C. The project accountant is not assigned to the external role that grants access to the China business unit.
D. The application role relevant to the China business unit is not assigned to the project accountant.
Answer: C
QUESTION NO: 5
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.)
A. common costs on the project/task
B. expenditure items whose cost spreads across multiple assets that are capitalized
C. expenditure type exclusions on the Capitalized Interest rate name
D. expenditure items whose costs are applied to a single asset or multiple assets
E. expenditure type exclusions on the Capitalized Interest rate schedules
Answer: D
Explanation
Reference
https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_988B43C997365159E040D30A68813832
https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49622/F1125377AN61D92.htm
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Updated: May 28, 2022