Download Oracle Project Portfolio Management Cloud 2017 Implementation Essentials.1z0-964.PracticeTest.2017-12-19.40q.vcex

Vendor: Oracle
Exam Code: 1z0-964
Exam Name: Oracle Project Portfolio Management Cloud 2017 Implementation Essentials
Date: Dec 19, 2017
File Size: 283 KB
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Demo Questions

Question 1
Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)
  1. Project Contract-based costing
  2. Project Contract-based billing
  3. Project Contract Collection Center
  4. Contract Team Connect
Correct answer: B
Explanation:
Reference http://www.oracle.com/us/products/applications/fusion/fusion-proj-port-mang-solut-brief-173079.pdf  (p.2)
Reference http://www.oracle.com/us/products/applications/fusion/fusion-proj-port-mang-solut-brief-173079.pdf  (p.2)
Question 2
You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)
  1. 1000
  2. 900
  3. 800
  4. 600
Correct answer: A
Question 3
You have defined two expenditure types but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)
  1. The two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed.
  2. The 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.
  3. The 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.
  4. The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
Correct answer: C
Question 4
Which application generates external roles to grant both function and data security? (Choose the best answer.)
  1. Authorization Policy Manager
  2. Oracle Identity Manager
  3. Business Process Manager
  4. Functional Setup Manager
Correct answer: B
Explanation:
Reference https://docs.oracle.com/cd/E60665_01/common/FASER/FASER1349817.htm#FASER1722625
Reference https://docs.oracle.com/cd/E60665_01/common/FASER/FASER1349817.htm#FASER1722625
Question 5
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. (Choose two.)
  1. 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.
  2. 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.
  3. 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.
  4. 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.
Correct answer: AB
Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEX/OAPEX1082603.htm#OAPEX1082584
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEX/OAPEX1082603.htm#OAPEX1082584
Question 6
You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)
  1. Exceptions
  2. Accounting Calendar
  3. Workday Patterns
  4. Time Off
  5. Expenditure Type
Correct answer: AC
Explanation:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1192914.htm
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1192914.htm
Question 7
Which two statements are true about a project in “Draft” status? (Choose two.)
  1. Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
  2. Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
  3. Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work work area.
  4. Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work work area.
Correct answer: AD
Explanation:
The following table lists the project statuses and what you can do with projects in that status.    Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEM/OAPEM1122096.htm
The following table lists the project statuses and what you can do with projects in that status. 
  
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPEM/OAPEM1122096.htm
Question 8
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.)
  1. The application role relevant to the China business unit is not assigned to the project accountant.
  2. The project accountant is not assigned to the external role that grants access to the China business unit.
  3. The US and UK business units are linked to different ledgers than the China business unit.
  4. The China business unit is associated with a different legal entity than the US and UK business units.
Correct answer: D
Question 9
Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)
  1. Effort
  2. Cost
  3. Manual Entry
  4. Remaining Plan
Correct answer: B
Explanation:
Reference https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm
Reference https://ppm-help.saas.hpe.com/en/9.42/Help/Content/UG/PjMUG/view_pj_cost_data_costtab.htm
Question 10
Your customer has a requirement to import and process third-party transactions that are “costed” and “accounted”. 
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)
  1. Import Options
  2. Document Options
  3. Transaction Source Options
  4. Document Entry Options
Correct answer: C
Explanation:
Reference https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJC/F1071488AN1004C.htm
Reference https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJC/F1071488AN1004C.htm
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