Questions for the 1Z0-1057-24 were updated on : Dec 01 ,2025
Your organization has a requirement to create and apply a new theme for the application user
interface.
Which option allows you to achieve this requirement?
B
Explanation:
The option that allows you to achieve this requirement is Appearance Page. This page allows you to
create and apply a new theme for the application user interface by selecting various options such as
colors, fonts, logos, etc. You can also preview and publish your theme changes using this page.
Structure Page is not an option that allows you to achieve this requirement. This page allows you to
customize the structure and layout of the application user interface by adding or removing
components such as regions, tabs, fields, etc. Setup and Maintenance Work Area is not an option
that allows you to achieve this requirement. This work area allows you to perform various setup
tasks for implementing and configuring Oracle Fusion applications using predefined templates and
spreadsheets. User Interface Text is not an option that allows you to achieve this requirement. This
option allows you to customize the text and labels of the application user interface by editing or
translating them using various tools such as Text Editor or Translation Workbench. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/set-up-project-financial-management.html#OAPFM2356331
Which three tasks can be performed using the project requirements work area? (Choose three.)
ABD
Explanation:
The project requirements work area is a work area that allows you to define and manage
requirements for your projects using various methods and sources. Requirements are statements of
needs or expectations that must be met by the project outcome. Backlog items are a type of
requirement that are used for agile projects that follow an iterative and incremental approach. Three
of the tasks that can be performed using the project requirements work area are:
creating projects and tasks in the context of backlog items: This task allows you to create new
projects and tasks or link existing projects and tasks to backlog items. This helps you to plan and
execute the work that is required to fulfill the backlog items.
creating issues for the backlog items: This task allows you to create new issues or link existing issues
to backlog items. Issues are problems or risks that affect the progress or outcome of a project or
requirement. This helps you to track and resolve the issues that are related to the backlog items.
tracking backlog item status from the requirement storyboard: This task allows you to view and
update the status of backlog items from the requirement storyboard. The requirement storyboard is
a graphical representation of the progress and completion of backlog items using various stages and
lanes. This helps you to monitor and control the delivery of backlog items. Adding scrum master to
backlog items and creating change orders for the backlog items are not tasks that can be performed
using the project requirements work area. Adding scrum master to backlog items is a task that can be
performed using the project team work area, as scrum master is a role that is assigned to a project
team member who facilitates and coordinates the agile project activities. Creating change orders for
the backlog items is a task that can be performed using the project change management work area,
as change orders are documents that capture and approve changes to a project scope, schedule, or
budget. Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-execution.html#OAPFM2356321
You are currently involved in the implementation of the Project Financial Management solution for
your client organization. Your client organization has two main lines of business: Consulting and
Support. Consulting Services and Support Services organizations have different project planning,
management, analysis and reporting requirements for the projects that they manage, though the
management reporting and transaction processing requirements are the same for both the
organizations.
What will be your recommendation?
A
Explanation:
The recommendation for this scenario is to define one business unit and two project units. A
business unit is an organization that performs one or many business functions such as transaction
processing or reporting. A project unit is an organization that manages projects within a business unit
or across multiple business units. By defining one business unit and two project units, you can meet
the following requirements of the client organization:
The management reporting and transaction processing requirements are the same for both the
organizations: This can be achieved by using the same business unit for both the organizations, as the
business unit determines the common setups such as ledger, currency, calendar, etc. for transaction
processing and reporting.
The project planning, management, analysis and reporting requirements are different for each
organization: This can be achieved by using different project units for each organization, as the
project unit determines the specific setups such as project types, templates, options, etc. for project
planning, management, analysis and reporting. Defining two business units and two project units is
not recommended for this scenario, as this would create unnecessary duplication of setups for
transaction processing
Your organization wants to capture the project details for work order labor and equipment resource
transactions as part of a project-driven supply chain solution.
Which expenditure type class is recommended for the expenditure types that need to be defined for
these type of transactions?
B
Explanation:
The expenditure type class that is recommended for the expenditure types that need to be defined
for work order labor and equipment resource transactions is Work In Process. This class indicates
that the transactions are related to work orders that are performed as part of a project-driven supply
chain solution. This class also allows the transactions to be processed by Oracle Fusion
Manufacturing applications and transferred to Oracle Fusion Project Costing applications. Supplier
Invoice is not a valid expenditure type class for work order labor and equipment resource
transactions. This class indicates that the transactions are related to supplier invoices that are
entered in Oracle Fusion Payables applications and transferred to Oracle Fusion Project Costing
applications. Usages is not a valid expenditure type class for work order labor and equipment
resource transactions. This class indicates that the transactions are related to material usages that
are entered in Oracle Fusion Inventory Management applications and transferred to Oracle Fusion
Project Costing applications. Inventory is not a valid expenditure type class for work order labor and
equipment resource transactions. This class indicates that the transactions are related to inventory
movements that are entered in Oracle Fusion Inventory Management applications and transferred to
Oracle Fusion Project Costing applications. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-costs.html#OAPFM2356311
Which product offering enables you to collaboratively plan and deliver projects by leveraging
intuitive and integrated scheduling tools?
C
Explanation:
Project Management is the product offering that enables you to collaboratively plan and deliver
projects by leveraging intuitive and integrated scheduling tools. Project Management allows you to
create and manage project plans, tasks, deliverables, issues, milestones, gates, etc. using various
methods and sources. You can also monitor and control project progress and performance using
dashboards and reports. Resource Management is the product offering that enables you to optimize
the utilization and allocation of resources for projects and tasks. Resource Management allows you
to create and manage resource requests, assignments, pools, calendars, etc. using various criteria
and sources. You can also monitor and analyze resource availability and demand using dashboards
and reports. Project Control is the product offering that enables you to simplify the planning,
budgeting, and forecasting capabilities for projects and tasks. Project Control allows you to create
and manage project budgets, forecasts, financial plans, etc. using various methods and sources. You
can also monitor and control project costs and variances using dashboards and reports. Project
Costing is the product offering that enables you to capture and process project costs from various
sources and applications. Project Costing allows you to create and manage project transactions,
expenditures, assets, etc. using various rules and options. You can also generate project costing and
accounting entries using dashboards and reports. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/overview-project-financial-management.html#OAPFM2356301
You are managing a project based on a Waterfall model. You define a project and a project plan in
Oracle Project 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.
Which two are correct statements in this scenario? (Choose two.)
BD
Explanation:
According to Oracle sources
, the inheritance between requirements, tasks, and deliverables works
as follows:
You can associate a deliverable with a task independent of associating a requirement with a task.
You
can also associate a deliverable with a requirement independent of associating a task with a
requirement1
.
A deliverable associated with a requirement is not automatically associated with the tasks created
for that requirement.
You must manually associate the deliverable with the tasks that produce it1
.
Therefore, the correct answer is B and D.
: Can deliverables for projects and tasks be inherited from associated requirements? -
docs.oracle.com (index 1)
In Oracle Project Management, you can define requirements, tasks, and deliverables for your project
based on your project methodology and lifecycle. Requirements are statements of needs or
expectations that must be met by the project outcome. Tasks are units of work that must be
performed to complete the project. Deliverables are products or services that are produced or
provided as part of a task or requirement. Two correct statements about how the inheritance
between requirements, tasks, and deliverables works are:
You associate a deliverable with a task independent of associating a requirement with a task. This
means that you can create a deliverable for a task regardless of whether the task is linked to a
requirement or not.
A deliverable associated with a requirement is not automatically associated with the tasks created
for that requirement. This means that you have to manually associate a deliverable with a task even
if both the deliverable and the task are linked to the same requirement.
Which three can be tracked as Status tracking for Project Invoice Approval Notifications? (Choose
three.)
ABE
Explanation:
Status tracking is a feature that allows you to track the progress and history of project invoice
approval notifications. Status tracking provides information such as who approved or rejected the
invoice, when and why they took the action, who is currently assigned to approve or reject the
invoice, etc. Three of the information that can be tracked as status tracking for project invoice
approval notifications are:
Person assigned for approval: This shows the name of the person who is currently assigned to
approve or reject the invoice notification.
Prior actions: This shows the list of actions that have been taken on the invoice notification by
previous approvers or rejectors, such as approve, reject, request information, etc.
Persons with whom it is still pending approval: This shows the list of persons who are still in the
approval chain for the invoice notification and have not taken any action yet. Pre-approval activities
and date-wise updates to the document are not information that can be tracked as status tracking for
project invoice approval notifications. Pre-approval activities are tasks that need to be performed
before submitting an invoice for approval, such as validating or transferring the invoice. Date-wise
updates to the document are changes that are made to the invoice document after it has been
submitted for approval, such as adjusting or reversing the invoice. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-invoices.html#OAPFM2356291
Your organization has decided to enable the common accounting and project accounting periods
option while defining business unit implementation options.
Where will you maintain the accounting period statuses if this option has been enabled?
A
Your organization has a requirement to retrieve the value of the cost center segment based on the
department.
Which source can you use while defining the account rule to achieve this requirement?
D
Explanation:
The source that can be used while defining the account rule to achieve this requirement is
Expenditure Organization Cost Center Segment. This source allows you to retrieve the value of the
cost center segment based on the expenditure organization of the transaction. The expenditure
organization is an attribute of a transaction that represents the organization that incurs or owns the
cost of the transaction.
Which three are valid password complexity criteria while setting up password policies? (Choose
three.)
ABD
Explanation:
Password complexity criteria are criteria that determine how strong or secure a password must be
for a user account. Password complexity criteria can include requirements such as minimum length,
uppercase letters, lowercase letters, numbers, special characters, etc. Three of the valid password
complexity criteria while setting up password policies are:
Complex: At least 8 characters, 1 uppercase, and 1 number
Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special characters
Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1 special character Simple: At least 8
characters and 1 number is not a valid password complexity criterion while setting up password
policies, as this criterion does not meet the minimum security standards for Oracle Cloud
applications. Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1 special character is
also not a valid password complexity criterion while setting up password policies, as this criterion
does not meet the minimum length requirement of 8 characters for Oracle Cloud applications.
Reference: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/set-up-project-financial-management.html#OAPFM2356271
Stigma Consulting wants to implement the program management capability to coordinate and track
their strategic programs.
Which three components are required to configure the program options as part of implementing the
program management capability? (Choose three.)
ABC
Explanation:
Program management is a capability that allows you to coordinate and track multiple related
projects and tasks as part of a strategic program. To configure the program options as part of
implementing the program management capability, you need to define three components:
Calendar: This component allows you to specify the calendar that is used to calculate the dates and
durations for the program and its projects and tasks.
Calculation Methods: This component allows you to specify the methods that are used to calculate
the progress, performance, and variance measures for the program and its projects and tasks based
on various sources and formulas.
Derivation Methods: This component allows you to specify the methods that are used to derive the
attributes and values for the program and its projects and tasks based on various rules and
conditions. Currencies and Accounting Methods are not components that are required to configure
the program options. Currencies are used to define the currency conversion rates and rules for the
program and its projects and tasks. Accounting Methods are used to define the subledger accounting
rules and options for the program and its projects and tasks. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-programs.html#OAPFM2356261
Which three are project gate statuses? (Choose three.)
ABC
Explanation:
Project gate statuses are values that indicate the progress or completion of a project gate. A project
gate is a checkpoint that marks the end of a phase or stage in a project lifecycle. Three of the project
gate statuses are:
Open: This status indicates that the project gate is not yet ready for review or approval.
In Review: This status indicates that the project gate is under review or approval by the gate
reviewers or approvers.
Closed: This status indicates that the project gate has been reviewed or approved and the project can
move to the next phase or stage. Approve and Draft are not project gate statuses, but actions that
can be performed on a project gate. Approve is an action that allows a gate approver to approve a
project gate and change its status to Closed. Draft is an action that allows a gate owner to create or
edit a project gate and change its status to Open. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-execution.html#OAPFM2356251
Which two statements are true about the borrowed and lent cross charge method? (Choose two.)
AB
Explanation:
The borrowed and lent cross charge method is a method that allows you to process cross charge
transactions between provider and receiver organizations that belong to different legal entities
within the same primary ledger. This method does not generate internal invoices or intercompany
accounting entries for cross charge transactions. Instead, this method creates accounting entries that
move an amount equal to the transfer price between the provider and receiver organizations using
borrowed and lent accounts. Two statements that are true about this method are:
Internal Invoice is not generated with this method. This method does not create internal invoices for
cross charge transactions, as these transactions are accounted within the same primary ledger using
borrowed and lent accounts.
This method allows you to process cross charge transactions across legal entities. This method allows
you to process cross charge transactions between provider and receiver organizations that belong to
different legal entities within the same primary ledger, as long as they share the same chart of
accounts, calendar, currency, and subledger accounting method.
Your customer has a requirement to allow adjustment and reversals for transactions imported from
an external expense entry system.
Which section on the Manage Project Transaction Sources page will allow you to enable these
options?
C
Explanation:
The section on the Manage Project Transaction Sources page that will allow you to enable these
options is Document Entries. This section allows you to define the attributes and options for each
document entry type that is associated with a transaction source. A document entry type represents
a group of transactions that have similar characteristics and processing rules. For example, you can
define a document entry type for expense reports and enable adjustment and reversal options for
this document entry type. The Documents section allows you to define the attributes and options for
each document type that is associated with a transaction source. A document type represents a
source document that contains one or more transactions. For example, you can define a document
type for expense reports and enable validation and transfer options for this document type. The
Transaction Source section allows you to define the attributes and options for each transaction
source that is used to import transactions from an external system. A transaction source represents a
system or application that provides transactions to Oracle Fusion Project Costing. For example, you
can define a transaction source for expense reports and enable costing and accounting options for
this transaction source. The Transaction Entries section allows you to review and manage the
transactions that are imported from an external system using a transaction source. You can view,
edit, adjust, reverse, validate, and transfer transactions in this section. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-costs.html#OAPFM2356241
You have defined two expenditure types but they are not available for selection when you enter an
expenditure batch.
What is the reason for this problem?
B
Explanation:
The reason for this problem is that 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. Expenditure types are a
type of reference data that can be shared across different business units or organizations using
reference data sets. To make an expenditure type available for selection when you enter an
expenditure batch, you need to assign it to the reference data set that is assigned to the project unit
of the transaction. The project unit determines the reference data set for expenditure types. The
reference data sets that are assigned to the project expenditure organization, the business unit, or
the project-owning organization do not determine the reference data set for expenditure types.
These reference data sets may determine other types of reference data such as expenditure
categories, expenditure item dates, etc. Reference:
https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-costs.html#OAPFM2356231