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Home Oracle 1z0-964

Oracle 1z0-964 Exam Practice Questions (P. 5)

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Question #21
You have projects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that these distribution set lines are not validated against the project transaction controls and you are allowed to save it without any validation errors.
Identify the reason why the project transaction controls are not applied. (Choose the best answer.)
  1. A
    There is no expenditure type information available on the distribution set line.
  2. B
    There is no expenditure organization information available on the distribution set line.
  3. C
    There is no expenditure item date information available on the distribution set line.
  4. D
    The account code combination is not available on the distribution set line.

Correct Answer:
A

Question #22
You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month.
Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)
  1. A
    Allocate rental costs once each accounting period by using the "full" allocation method.
  2. B
    Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
  3. C
    Define allocation basis by using Actual Amounts with a project-to-date amount class.
  4. D
    Define allocation basis by using Actual Amounts with a period-to-date amount class.
  5. E
    Allocate rental costs once each accounting period by using the "spread evenly" allocation method.

Correct Answer:
ADE

Question #23
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.)
  1. A
    The project sends only the invoice header and invoice line description to Receivables, not the invoice distributions.
  2. B
    The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
  3. C
    The project sends only the invoice header to Receivables, not the invoice line description and distributions.
  4. D
    The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.

Correct Answer:
B

Question #24
A project administrator is trying to assign a team member for a project, but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)
  1. A
    The employee is not assigned to the project-owning organization.
  2. B
    The employee is not assigned with a supervisor.
  3. C
    Project roles are not assigned in the project.
  4. D
    The employee is not assigned to a department.

Correct Answer:
C

Question #25
You are trying to create a project purchase order (PO) but you are unable to select Expenditure Organization in the PO. Identify two reasons for this problem.
(Choose two.)
  1. A
    The organization is not classified as a project-owning organization.
  2. B
    The organization is not classified as a project expenditure organization.
  3. C
    The organization is not included in the organization tree that is assigned to the business unit that owns the PO.
  4. D
    The organization is classified as a project unit.

Correct Answer:
BC

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