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1Z0-1057-26 Exam - Free Sample Questions & Answers

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Question #1 (Topic: Demo Questions)

Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration. Which predefined spread curve must be used to meet this requirement? (Choose the best answer.) 

A.

Daily Spread Basis

B.

Back Loaded

C.

Bell Curve

D.

S-Curve

E.

Even

Correct Answer: A
Explanation:

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapfm/project-controlconfiguration-manage-spread-curves.html#OAPFM79760 Predefined Spread Curves Name Description Dist. Factors Even Linear distribution of financial or project plan values across periods. 10-10-10-10-10-10-10-10-10-10 Prorated Even Linear distribution of financial or project plan values across periods, with an exception of the first period and last period in the financial plan. Financial or project plan values for the first period and last period are prorated based on the number of days in the period. 10-10-10-10-10-10-10-10-10-10 Back Loaded Back-loaded distribution of financial or project plan values across periods. Assigned amounts increase over succeeding periods. 0-5-10-15-20-25-30-35-40-45 Front Loaded Front-loaded distribution of financial or project plan values across periods. Assigned amounts decrease over succeeding periods. 45-40-35-30-25-20-15-10-5-0 S Curve S-shaped distribution of financial or project plan values across periods. 18-10-8-10-15-17-18-17-15-8 Bell Curve Bell-shaped distribution of financial or project plan values across periods. Assignment of plan values is highest in the middle periods. 0-4-10-12-14-12-10-4-0-0 Daily Spread Analysis Spread is based upon the number of days in each financial period throughout the duration of the task assignment. Amounts are proportionally distributed throughout all periods for the duration of the task assignment None

Question #2 (Topic: Demo Questions)

Which data format is supported by SOAP Web services to establish communication between web services consumers and web services providers?

A.

CSV

B.

XML

C.

JSON

D.

XLSX

Correct Answer: A
Explanation not available for this question.
Question #3 (Topic: Demo Questions)

Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

A.

Enable track missing time at project unit.

B.

Enable track missing time at project type.

C.

Enable track missing time at project template.

D.

Enable track missing time at business unit.

Correct Answer: A
Explanation not available for this question.
Question #4 (Topic: Demo Questions)

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

Correct Answer: A, B, D
Explanation:

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapfm/project-costingconfiguration-define-project-costing-integrations.html#OAPFM3094605 Topic - Deriving Projects-Related Accounts

Question #5 (Topic: Demo Questions)

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.)

A.

The application role relevant to the China business unit is not assigned to the project accountant.

B.

The project accountant is not assigned to the external role that grants access to the China business unit.

C.

The US and UK business units are linked to different ledgers than the China business unit.

D.

The China business unit is associated with a different legal entity than the US and UK business units.

Correct Answer: A, D
Explanation not available for this question.
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