1z0-964: Oracle Project Portfolio Management Cloud 2017 Implementation Essentials

Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

Project Manager Template for Project Organization Security
Project Administrator Template for Project Organization Security
Project Creator Template for Project Organization Security
Project Accountant Template for Project Organization Security
Project Billing Specialist Template for Project Organization Security

Correct answer: AD

Explanation:

Reference https://docs.oracle.com/cloud/latest/common/FASER/FASER2406048.htm#FASER2406048

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.)

Project Executive
Project Accountant
Project Manager
Project Billing Specialist
Project Team Member

Correct answer: BD

Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate
Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

Correct answer: D

Explanation:

Reference https://fusionhelp.oracle.com/helpPortal/topic/TopicId_P_8718794B26A7BB93E040D30A688149A3

You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).

Then Bill Plan A is allocated against Project X – Task 10, and Bill Plan B is allocated against Project Y – Task 30.

Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)

Both the contract lines create only a single invoice because they are using the same contract.
Two invoices are created using the same contract.
Bill set number drives the grouping of transactions.
Invoice generation does not depend on bill plan. The invoices are created based on the contract line.

Correct answer: BD

Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates will be populated in such invoices? (Choose two.)

Accounting date is the same as the original invoice date.
Project accounting date is the same as the original invoice date.
Project accounting date is the first day of the first open project accounting period.
Project accounting date is the last day of the open project accounting period.
Accounting date is the first day of the first open accounting period.

Correct answer: CE

Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

Project Contract-based costing
Project Contract-based billing
Project Contract Collection Center
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)

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.)

1000
900
800
600

Correct answer: A

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.)

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.
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.
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.
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

Which application generates external roles to grant both function and data security? (Choose the best answer.)

Authorization Policy Manager
Oracle Identity Manager
Business Process Manager
Functional Setup Manager

Correct answer: B

Explanation:

Reference https://docs.oracle.com/cd/E60665_01/common/FASER/FASER1349817.htm#FASER1722625

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.)

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.
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.
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.
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

Vendor:	Oracle
Exam Code:	1z0-964
Exam Name:	Oracle Project Portfolio Management Cloud 2017 Implementation Essentials
Date:	Oct 09, 2018
File Size:	194 KB

Download Oracle Project Portfolio Management Cloud 2017 Implementation Essentials.1z0-964.Pass4Sure.2018-10-09.47q.tqb

How to open TQB files?

Demo Questions

Question 1

Question 2

Question 3

Question 4

Question 5

Question 6

Question 7

Question 8

Question 9

Question 10

ProfExam at a 20% markdown