Real 1z0-1008 Exam Questions 2021

NEW QUESTION 1
Using Oracle Time and Labor, your client wants to put in a validation process that allows only a
certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

• A. project time validation rules
• B. time calculation rules
• C. time entry rules
• D. time audit rules

Answer: C

NEW QUESTION 2
Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)

• A. assignment to one set only with common values
• B. assignment to one set only; no common values allowed
• C. assignment to multiple sets; common values allowed
• D. assignment to multiple sets; no common values allowed

Answer: D

Explanation: Reference:
https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125347.htm

NEW QUESTION 3
Which two privileges are assigned to the Project Plan Management duty in Security Reference:
Implementation? (Choose two.)

• A. Manage Project Plan Resource Assignment
• B. Transfer Project
• C. View Project Progress
• D. Allocate Project Expense

Answer: BC

NEW QUESTION 4
You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

• A. Exceptions
• B. Accounting Calendar
• C. Workday Patterns
• D. Time Off
• E. Expenditure Type

Answer: AC

Explanation: Reference:
https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1192914.htm

NEW QUESTION 5
You are managing a project based on a Waterfall model. You define a project and a project plan in
Oracle Project Portfolio 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.
Identify the two correct statements in this respect. (Choose two.)

• A. A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
• B. The association of a deliverable with a task is dependent on associating a requirement with a task.
• C. A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
• D. You associate a deliverable with a task independent of associating a requirement with a task.

Answer: BD

NEW QUESTION 6
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. (Choose two.)

• A. If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.
• B. If a transaction maps to more than one level, Oracle PPM Cloud sums the precedence numbers for all resource type in the branch, and gives precedence to the resource element in the branch with the highest sum.
• C. If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
• D. 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.

Answer: AD

Explanation: Reference:
https://docs.oracle.com/cd/E37583_01/doc.1116/e22598/F458900AN13D82.htm

NEW QUESTION 7
Which four notification templates are predefined?

• A. Password Reset Template
• B. New Account Template
• C. Forgot Password Template
• D. Forgot Username Template
• E. New Account Manager Template

Answer: ABCE

Explanation: https://docs.oracle.com/en/cloud/saas/sales/18c/oscus/setting-up-applications-security.html#OSCUS2287154

NEW QUESTION 8
Which three features are part of Oracle Fusion Functional Setup Manager?

• A. feature opt-in for a best fit configuration
• B. export and import services for setup data migration between environments
• C. guided task list for end-to-end setup requirements
• D. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
• E. modifying an existing implementation project task list by selecting more functional areas when needed

Answer: BCD

Explanation: https://docs.oracle.com/en/cloud/saas/applications-common/r13-update17d/oafsm/applications- cloud-using-functional-setup-manager.pdf

NEW QUESTION 9
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 header, invoice line description, and the invoice distributions to Receivables.
• C. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
• D. The project sends the invoice line description and the invoice distributions to Receivables, but notthe invoice header.

Answer: B

NEW QUESTION 10
Identify three correct statements about project types. (Choose three.)

• A. Project type can be used as a source in subledger accounting.
• B. Project type can be enabled for both billing and capitalization.
• C. Summarization options can be specified at project type.
• D. Classifications can be assigned at project type.
• E. Project type can be associated with multiple project units.

Answer: BCE

NEW QUESTION 11
Identify three correct statements about the integration of Primavera P6 Enterprise Project Portfolio
Management and Oracle Project Portfolio Management Cloud. (Choose three.)

• A. Event completion flows from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
• B. Billing events flow from Primavera P6 Enterprise Project Portfolio Management to Oracle Project Portfolio Management Cloud.
• C. Summarized actual quantity and cost flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
• D. Projects and task definitions flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.
• E. Project plans and progress flow from Oracle Project Portfolio Management Cloud to Primavera P6 Enterprise Project Portfolio Management.

Answer: CDE

NEW QUESTION 12
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. (Choose two.)

• A. Project Type
• B. Business Unit
• C. Project Organization Classification
• D. Organization Tree
• E. Project Accounting Business Function

Answer: CD

Explanation: Reference: https://docs.oracle.com/cloud/latest/projectcs_gs/FAPFM/FAPFM1225328.htm

NEW QUESTION 13
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud.
(Choose the best answer.)

• A. Position
• B. Dynamic
• C. Static
• D. Flexfield
• E. Job

Answer: D

NEW QUESTION 14
You want to create a few project roles so as to restrict access in the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (Choose two.)

• A. Project Executive
• B. Project Accountant
• C. Project Manager
• D. Project Billing Specialist
• E. Project Team Member

Answer: BD

NEW QUESTION 15
Which three tools are available for accessing REST APIs?

• A. cURL
• B. Web Browser
• C. Oracle Transactional Business Intelligence
• D. Programming Language

Answer: ABC

NEW QUESTION 16
Your customer wants to automatically allocate unassigned asset lines and common costs across
multiple assets based on the construction-in-process cost of each asset. Identify the asset allocation method that you must use as the default method while configuring project types to meet this
requirement. (Choose the best answer.)

• A. Standard Unit Cost
• B. Actual Unit
• C. Current Cost
• D. Estimated Cost
• E. Spread Evenly

Answer: C

NEW QUESTION 17
Your customer wants a project start date to cascade to the project tasks, but does not want the finish
date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)

• A. Cascade change to the start date.
• B. Do not cascade date changes.
• C. Cascade change to the finish date.
• D. Cascade change to the start date and the finish date.

Answer: B

Explanation: Reference:
http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20384/F552279AN65801.htm

NEW QUESTION 18
Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocate to various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)

• A. spread evenly
• B. target percentage and prorate
• C. target percentage and spread evenly
• D. prorate

Answer: A