Free Oracle 1Z0-1057-24 Exam Questions

Become Oracle Certified with updated 1Z0-1057-24 exam questions and correct answers

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Total 132 Questions | Updated On: Feb 18, 2025

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Question 1

Your organization has a requirement to retrieve the value of the cost center segment based on the department.

Which source can you use while defining the account rule to achieve this requirement?

A : oject Organization Cost Center Segment

B : penditure Business Unit Cost Center Segment

C : ent Organization Cost Center Segment

D : penditure Organization Cost Center Segment

Answer: A

Question 2

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.)

A : eate a revenue method with a revenue method classification of Amount Based.

B : eate a revenue method with a revenue method classification of Rate Based.

C : eate a revenue method classification with a revenue method of Percent Spent.

D : eate a revenue method classification with a revenue method of Percent Complete.

Answer: B

Question 3

Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates will be populated in such invoices? (Choose two.)

A : counting date is the same as the original invoice date.

B : oject accounting date is the same as the original invoice date.

C : oject accounting date is the first day of the first open project accounting period.

D : oject accounting date is the last day of the open project accounting period.

E : counting date is the first day of the first open accounting period.

Answer: A,B

Question 4

You have defined two expenditure types but they are not available for selection when you enter an expenditure batch. What is the reason for this problem?

A : two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed

B : two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed.

C : two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed

D : two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.

Answer: C

Question 5

You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project: Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.

Which two are correct statements in this scenario? (Choose two.)

A : association of a deliverable with a task is dependent on associating a requirement with a task.

B : u associate a deliverable with a task independent of associating a requirement with a task.

C : deliverable associated with a requirement is automatically associated with the tasks created for that requirement.

D : deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.

Answer: A,D

Page: 1 / 27

Total 132 Questions | Updated On: Feb 18, 2025

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