Free Oracle 1Z0-1057-22 Exam Actual Questions

The questions for 1Z0-1057-22 were last updated On Apr 21, 2025

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Question No. 1

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.)

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Correct Answer: C, D

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

How Resource Mapping Is Calculated

You can track the cost impact of every resource that has been assigned to a project task and use the resource breakdown structure to view the breakdown of these costs. Oracle Fusion Projects associates the costs of the resources used for tasks with branches and levels in the resource breakdown structure. The process for determining the correct association is managed by rules of precedence.

Oracle Fusion Projects uses the following rules to associate cost amounts with resources:

Select the lowest level in the resource breakdown structure to which a transaction can map.

If there is only one level to which the transaction maps, the cost amounts are mapped to that level.

If the transaction maps to more than one level, Oracle Fusion Projects sums the precedence numbers for all resource types in the branch and gives precedence to the resource element in the branch with the lowest sum.

If more than one branch has the lowest precedence number at the lower level, the application uses the precedence number of the next level up.

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.

If one branch contains a user-defined resource type, precedence is given to the branch that does not contain a user-defined resource type.

Note Oracle Fusion Projects gives more precedence to a lower precedence number. For example, a resource element with a precedence number of 1 is given precedence over a resource element with a precedence number of 10.


Question No. 2

You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish? (Choose two.)

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Correct Answer: B, C

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapem/execute-project-tasks-and-deliverables.html#OAPEM1122082

Followers are persons who aren't working on the task but have an interest in reviewing the task progress. Only the resources and other followers can add followers to a task. If a resource assigns the task to another team member, the application automatically changes the original resource to a follower.

What's the difference between my tasks and tasks that I follow?

You can edit task details and enter progress for your tasks on the Manage Tasks page. If a task has multiple resources, only the primary resource can edit the task.

When you follow a task, you can view the task details and see the task activity stream. You receive e-mail notifications of changes that team members make to the task.

If a resource reassigns the task to another team member, then the previous resource automatically becomes a follower.


Question No. 3

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

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Correct Answer: A, B, C

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

Functional Setup Manager offers the following:

* Standardized application configuration and setup experience

* Feature opt-in for a best fit configuration

* Flexible processes for managing setup:

Setup by functional areas for an adopt-as-you-go approach

Implementation projects to manage setup

Upload file to enter setup data in bulk

* Guided task list for end-to-end setup requirements

* Export and import services for setup data migration between environments

* Comprehensive reporting on setup data


Question No. 4

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.)

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Correct Answer: C

Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125357.htm#OAPFM1125357

Assignment of Supporting References

Supporting references may be used to capture transaction values on journal entry lines. A supporting reference can be used on a journal entry rule set only if it's assigned a source from the event class of the journal entry rule set.

Creating Supporting References: Explained

Supporting references are used to store additional source information about a subledger journal entry at the line level.

Supporting references with balances establish subledger balances for a particular source and account for a particular combination of supporting references plus the account combination.

For example:

If a journal line contains a supporting reference that includes two sources, Customer Type and Customer Name.

Balances are created for the account combination, plus customer name and customer type.

Examples of how you may want to use supporting reference balances are to:

Facilitate reconciliation back to the subledgers and source systems by tagging journal entries with transaction and reference attributes.

Create balances by dimensions not captured in the chart of accounts.

Reporting using dimensions not captured in the chart of accounts.

Enrich Oracle Fusion Business Intelligence Applications reporting on subledger journals.

Profit and loss balances by dimensions not captured in the chart of accounts

Define supporting references to hold additional supporting information for detailed account balance maintenance or reconciliation and reporting requirements.


Question No. 5

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.)

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Correct Answer: B

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjc/allocate-project-costs.html#OAPJC94831

Spread Evenly

The allocation rule divides the source pool amount equally among all the chargeable target tasks included in the rule. This is the most simple and direct basis method.

Target Percentage and Spread Evenly

Specify the percentage of the source pool that is required to allocate to each target line. The total specified target percentage must always equal 100 percent. The allocation rule calculates the amount to allocate to the target line, and then spreads the results evenly among the chargeable tasks.

Prorate

The allocation generation uses the attributes defined in the allocation rule to derive the rate at which the source pool amount is apportioned among the target projects and tasks. For this basis method, the allocation rule uses the basis attributes to apportion the source amount among all the tasks defined by the rule. The Prorate basis method provides precise control over how the rule distributes the source pool.

Target Percentage and Prorate

The allocation rule first uses the target percentage to calculate the amount to allocate to the line, and then apportions the results among all the tasks. The Target Percentage and Prorate basis method provides precise control over how the rule distributes the source pool.