Free Oracle 1Z0-1008 Exam Dumps Questions & Answers

Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand. (Choose two.)

• A.Labor Demand FTE is calculated as Monthly Allocation hours divided byMonthlyFTE hours, if a period is used as the basis for viewing labor demand.
• B.Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
• C.Labor Demand FTE is calculated as Quarterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
• D.Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.

Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement. (Choose two.)

• A.billing events
• B.billing controls
• C.expenditure items
• D.bill plan
• E.invoice method

As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.Identify the reason for this problem. (Choose the best answer

• A.Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
• B.Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
• C.All expenditure items charged to the task use the new burden schedule.
• D.You can enable automatic reprocessing of expenditure items processed before the burden schedule change.

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.)

• A.Project accounting date is the last day of the open project accounting period.
• B.Accounting date is the same as the original invoice date.
• C.Project accounting date is the first day of the first open project accounting period.
• D.Project accounting date is the same as the original invoice date.
• E.Accounting date is the first day of the first open accounting period.

You want tocreate a few project roles so as to restrict accessin 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 Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
• B.Project Team Member-Security based on Project Assignment
• C.Project Manager-Security based on Project Assignment
• D.Project Billing Specialist- Security based on Contract BU
• E.Project Executive- Security based on Project Hierarchy