“ Oracle Project Portfolio Management Cloud 2018 Implementation Essentials” Exam 1Z0-1008. Here you can get the latest free Oracle 1Z0-1008 exam exercise questions and answers for free and easily improve your skills!
1Z0-1008 exam – An Oracle Project Portfolio Management Cloud 2018 Certified Implementation Specialist possess a strong foundation and expertise in selling or implementing Oracle Project Portfolio Management Cloud solutions. This certification certification covers topics such as Common Project Configuration, Project Foundation, Project Costing, Project Billing, Project Reporting, Project resource management, etc Up-to-date training, and field experience are recommended. Follow the link to find more information about https://www.leads4pass.com/1z0-1008.html exam.
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Latest Oracle 1Z0-1008 pdf
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Free Oracle 1Z0-1008 Exam Practice Questions
QUESTION 1
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.
A. For the three conditions that have the same process order value of 10, the records are processed in ascending
alphabetic order based on the condition name.
B. The process creates a resource by using the condition with a process order value of 1, but does not create more than
one resource for the same person even if subsequent conditions apply to the person.
C. For the three conditions that have the same process order value of 10, the records are processed in ascending
numeric order based on the condition name.
D. The process creates a resource by using the conditions with a process order value of 10, but does not create more
than one resource for the same person even if subsequent conditions apply to the person.
Correct Answer: AD
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEX/OAPEX1082603.htm#OAPEX1082584
QUESTION 2
Your customer has separate organizations to maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement.
A. Business Unit
B. Organization Tree
C. Project Type
D. Project Organization Classification
E. Project Accounting Business Function
Correct Answer: BD
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1225328.htm
QUESTION 3
Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources.
After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost
amounts associated with the resources, you suspect that the cost association does not match your client\\’s
expectations.
Identify two valid rules based on which cost association works.
A. If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with the
lowest number at the lowest level.
B. If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
C. If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource types
in the branch, and gives precedence to the resource element in the branch with the highest sum.
D. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user -defined
resource type.
Correct Answer: AD
Reference: https://docs.oracle.com/cd/E37583_01/doc.1116/e22598/F458900AN13D82.htm
QUESTION 4
You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error
message: “The search for resources cannot be completed because the project resource search index is not available.
Contact your help desk.” Identify the cause for this error message.
A. The index has been built.
B. The most recent update of the index finished successfully.
C. The index is not in the process.
D. The index is in the process of being updated.
Correct Answer: C
QUESTION 5
Which setup option is common to both financial and project plan types?
A. Manage the options for creating control budgets in Budgetary Control.
B. Enable the use of a workflow for managing budget or forecasting status changes.
C. Identify whether the plan type is the default selection when you create budget or forecast versions.
D. Enable the entry of plan amounts in currencies other than the project currency.
Correct Answer: A
QUESTION 6
You recently made some changes to a project contract and the current status of the contract is Under Amendment.
Identify the correct sequence of activities that can take place on that contract.
A. On Hold > Pending Approval > Active
B. On Hold > Pending Acceptance > Active
C. Pending Approval > Pending Acceptance > Active
D. Pending Acceptance > Pending Approval > Active
Correct Answer: C
Reference: https://docs.oracle.com/cloud/latest/common/FASCC/FASCC1124283.htm
QUESTION 7
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud.
A. Static
B. Position
C. Dynamic
D. Flexfield
E. Job
Correct Answer: D
QUESTION 8
Your customer wants a project start date to cascade to the project tasks, bust does not want the finish date to be
cascade. Identify the default setup in a project template that can be used to enable this.
A. Do not cascade date changes.
B. Cascade change to the start date and the finish date.
C. Cascade change to the finish date.
D. Cascade change to the start date.
Correct Answer: A
Reference: http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20384/F552279AN65801.htm
QUESTION 9
Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and
contract line?
A. Contract Team Connect
B. Project Contract-based costing
C. Project Contract-based billing
D. Project Contract Collection Center
Correct Answer: C
Reference: http://www.oracle.com/us/products/applications/fusion/fusion-proj-port-mang-solut-brief-173079.pdf (p.2)
QUESTION 10
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.
A. event type
B. expenditure type
C. cost type
D. work type
Correct Answer: D
Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125361.htm#OAPFM1125277
QUESTION 11
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.
A. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to
projects by Cost Management and not by Payables.
B. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to
projects by receipt accounting.
C. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to
projects only if there are accounted receipt lines.
D. When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to
project by Payables.
Correct Answer: BC
QUESTION 12
Which three of the project DFF attributes can you use to capture additional project information?
A. Independent
B. Number of field workers
C. Internal Project Category
D. Launch Date
E. Integer
Correct Answer: BCD
Reference: https://www.oracle.com/webfolder/technetwork/tutorials/tutorial/cloud/r12/wn/r12-ppm-wn.htm
QUESTION 13
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?
A. The employee is not assigned with a supervisor.
B. The employee is not assigned to the project-owning organization.
C. The employee is not assigned to a department.
D. Project roles are not assigned in the project.
Correct Answer: D
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