Oracle Project Portfolio Management Cloud 2017 Implementation Essentials (1z1-964) Free Practice Test
Question 1
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.)
Correct Answer: C,D
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Question 2
Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these class categories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)
Correct Answer: A,B
Question 3
Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement. (Choose two.)
Correct Answer: A,D
Question 4
Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)
(Choose the best answer.)
Correct Answer: E
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Question 5
You are trying to create a custom infolet, but are not able to find the "Create Infolet" option in the Infolet repository window. Which two steps should be completed before you can access the "Create Infolet" option?
Correct Answer: B
Question 6
Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)
Correct Answer: B
Question 7
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.)
Correct Answer: E
Question 8
Which three tools are available for accessing REST APIs?
Correct Answer: A,C,D
Question 9
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.)
Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)
Correct Answer: D
Question 10
After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task list scope, which you must consider before taking a decision based on the customer requirement. (Choose two.)
Correct Answer: A,D
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