Question 1

Which two attributes are available while enabling a task as a business object for social networking?

Options :

A : Task

B : Project Number

C : Task Number

D : Creation Date

E : Project

Answer: B,C

Question 2

You cannot generate invoices for a project expenditure item. After running the Generate Invoices program fora billable expenditure item and active contract, the process completes successfully but without any billing, anddoes not provide any error logs.The program’s processing summary is as follows:Billing Event Errors 0Ineligible Contracts 0Successfully Billing Events Created 0Ineligible Contract Lines 0Billing Transaction Exception Errors 0Ineligible Bill Plans 0Billing Transaction Exception Warnings 0Ineligible Associated Projects 0Successful Billing Transactions 0Ineligible Expenditure Items 0Draft Invoice Exception Errors 0Ineligible Events 0Draft Invoice Exception Warnings 0Successful Draft Invoices 0What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

Options :

A : Amount Based

B : Rate Based

C : As Incurred

D : Percent Complete

Answer: A

Question 3

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?

Options :

A : Define One Business Unit and Two Project Units

B : Define Two Business Units and Two Project Units

C : Define One Business Unit and Three Project Units

D : Define Two Business Units and One Project Unit

Answer: A

Question 4

Your client organization has recently undergone a restructuring exercise that has resulted in the creation of new jobs. The Resource Breakdown Structure (RBS) was previously created with existing jobs, and now the new jobs have been added to the existing Resource Breakdown Structure.Identify the correct statement about the RBS and new resources. (Choose the best answer.)

Options :

A : If the “Allow resource changes at project level” option is set to No, the new resources and resource formats that are added to a Planning Resource Breakdown Structure for one project are not available for other projects.

B : If the “Allow resource changes at project level” option is set to No for the RBS, then the resources added to the Planning Resource Breakdown Structure are automatically available for use on the projects.

C : If the “Allow resource changes at project level” option is set to Yes for the RBS, the new resources are available automatically at project level.

D : If the “Allow resource changes at project level” option is enabled for the RBS, the new resources added at project level are automatically reflected in the RBS.

Answer: B

Question 5

Which two statements are true about a project in “Draft” status? (Choose two.)

Options :

A : Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.

B : Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.

C : Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

D : Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.

Answer: A,D

Smartly Prepare Exam with Free Online 1Z0-1057-24 Practice Test

Buying Options: