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1Z0-1057-22Oracle Project Management Cloud 2022 Implementation Professional

91 Questions and Answers Experienced specialists selected 91 questions for this exam. All answers are verified to ensure correctness.

Last Updated Apr 30, 2024 Ace your exams with our consistently updated 1Z0-1057-22 exam dumps.

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1Z0-1057-22 Online Practice Questions and Answers

Questions 1

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.)

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

B. Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.

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

D. Define allocation basis by using Actual Amounts with a period-to-date amount class.

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

Show Answer
Questions 2

You have a billable project for which the following details are provided: Associated Inception-To-Date (ITD) Project Actual Cost: USD 60 Associated Project Budgeted Cost: USD 300 Contract Amount: USD 1000 Project Funded Amount: USD 750 Sum of Existing Revenue Events: USD 80 Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A. USD 184

B. USD 120

C. USD 134

D. USD 70

Show Answer
Questions 3

Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

A. Receipt Accounting

B. Payables

C. Fixed Asset

D. Purchasing

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