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Oracle 1Z0-1008 Exam Overview:

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Oracle 1Z0-1008 Exam — Your Questions, Answered

Oracle Project Portfolio Management Cloud 2018 Implementation Essentials Sample Questions:

Question 1

In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

A. The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.
B. The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.
C. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
D. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.

Question 2

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.)

A. Supporting References
B. Journal Rules
C. Accounting Rule
D. Accounting Method
E. Mapping Sets

Question 3

Your customer accounts revenuebased on,product class category. Because all your customer's projects are funded by private and government institutions, they decide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category
"Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category.Identify the reason for this problem. (Choose the best answer.)

A. Product class category is not enabled for "available as accounting source".
B. Funding source class category is assigned to all project types.
C. Funding source class category is enabled for "available as accounting source".
D. Funding source class category is not enabled for "available as accounting source".

Question 4

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.)

A. 600
B. 800
C. 900
D. 1000

Question 5

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. Even
C. S-Curve
D. Bell Curve
E. Back Loaded

Solutions: