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Test Number : 1Z0-1008
Test Name : Oracle Project Portfolio Management Cloud 2018 Implementation Essentials
Vendor Name : Oracle
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Exam Title : Oracle Project Portfolio Management Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1008
Exam Duration : 120 minutes
Questions in test : 76
Passing Score : 60%
Format : Multiple Choice Questions (MCQ)
Exam Center : Pearson VUE
Real Questions : Oracle Project Portfolio Management Cloud 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1008 Online VCE Practice Test

Project Portfolio Management overview - Describe the components of Oracle Cloud Project Portfolio Management
- Explain the components available for integration Applications Security Overview - Describe the Applications Security Console
- Identify the roles delivered in a seeded security implementation
- Manage roles and duties Configure Common Applications - Set up Enterprise Structures Units
- Manage Reference Data sharing Configure Project Foundation - Set up Project Calendars and Periods
- Setup Types and Categorizations
- Set up Project Roles
- Manage Project Resources
- Describe Rate Schedules
- Describe Project Types
- Explain Action Controls (Microsoft Project Integration)
- Set up Transaction Sources
- Manage Project Statuses Configure Project Control - Configure the Resource Breakdown Structure
- Setup Plan Types
- Set up Project Budgets and Forecasts
- Describe Project templates
- Describe Financial Plans vs Project Plans Configure Project Performance Reporting - Configure Key Performance Indicators for project performance reporting Configure Project Resource Management - Configure Project Labor Enterprise Resources
- Set up Resource Pools
- Set up Talent Profile Content Navigation, User Experience, and Personalization - Describe the business processes that are supported by approvals and workflows
- Set up approval and notification tasks
- (NEW FOR 18B) Describe Navigation, User Experience and Personalization Concepts Functional Setup Manager - Describe the Functional Setup Manager
- Manage an implementation project
- Describe the Rapid Implementation Workbook Common project configuration - Explain common project configuration in Project Performance Management
- Manage Subledger Accounting Configure Project Costing - Configure Project Cost Collection Center
- Manage Burdening Schedules
- Manage Allocations
- Explain capitalized interest calculations
- Describe Budgetary Controls
- Configure Time & Labor for projects
- Configure Integration Options
- Describe Integration Methods Configure Project Billing - Configure the Project Contract Model
- Set up Revenue Recognition
- Set up Project Invoicing
- Configure Project Cross Charging and Transfer Pricing
- Describe Borrowed and Lent vs Intercompany / Interproject Billing
- (NEW FOR 18B) Revenue Accounting in Revenue Management Cloud Configure Project Management - Describe common project execution components
- Set up Project and Task codes
- Set up Issue and Deliverable types
- Describe project requirements
- Set up Project Enterprise Structures
- Configure Social Network for Project Execution
- (NEW for R13) Manage Project Gates
- (NEW for R13) Explain additional Descriptive Flex Fields
- (NEW FOR 18B) Application Composer for Project Execution Managment Project Reporting - Configure Infolets for PPM
- Describe Oracle Transactional Business Intelligence (OTBI)

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TikTok: Trump approves Oracle deal however massive questions remain | 1Z0-1008 test dumps and Latest Topics

a hand holding a cellphone © Shutterstock

Who controls TikTok? Is the social media platform protected? Has a US ban been averted for good?

President Donald Trump's attempts to drive a short sale of popular chinese language-owned video app TikTok produced a tentative deal over the weekend that would see Oracle and Walmart take a minority stake in a brand new US enterprise in an effort to operate TikTok.

the U.S. department of Commerce pushed returned a threatened ban on US downloads of the app through one week, to the end of the day on September 27. however as the organizations race to finalize the idea, crucial questions over facts protection, countrywide pastime and the deal's structure stay unanswered.

a person standing in front of a brick building: A woman walks past the headquarters of ByteDance, the Chinese parent company of video app TikTok. © Greg Baker/AFP/Getty photos a lady walks previous the headquarters of ByteDance, the chinese language parent company of video app TikTok.

What is clear is that the combat over TikTok is greater than who owns an app frequent with era Z. or not it's also concerning the way forward for US-China family members, and the tough new terrain companies are forced to navigate as tensions between the area's two biggest economies ramp up.

Deal confusion

Trump has for weeks threatened to ban TikTok, which is owned through China's ByteDance, on country wide protection grounds except an American enterprise takes control of its US operations. TikTok has roughly a hundred million clients in the u.s., and Trump claims the app offers Beijing entry to the own records of american citizens.

a cellphone screenshot of a cell phone: Tencent's WeChat has also been targeted by the Trump administration. © Drew Angerer/Getty pictures Tencent's WeChat has also been focused with the aid of the Trump administration.

TikTok has denied these allegations. The enterprise has observed its statistics facilities are located fully outside of China and that none of that facts is area to chinese language legislation.

Over the weekend, Trump gave his blessing to a deal that would provide Oracle and Walmart a mixed 20% stake in a brand new enterprise called TikTok international, which might be headquartered in the united states and function the app. 4 of the business's 5 board individuals would be americans, Oracle and Walmart observed in a joint statement.

The fifth person is likely to be ByteDance and TikTok founder Zhang Yiming, according to someone common with the deal. ByteDance proven in a statement that TikTok international's board "contains the founding father of ByteDance ... as neatly because the CEO of Walmart."

speaking to newshounds over the weekend, Trump said he accepted the deal "in idea."

"I have given the deal my blessing," Trump said. "in the event that they get it finished, it's wonderful. in the event that they do not, this is ok, too."

but the deal stops smartly short of the total sale of TikTok that Trump firstly desired, and its constitution contradicts his claim on Saturday that the app will be "absolutely managed" by using Walmart and Oracle.

There additionally looks to be a very good deal of bewilderment over TikTok's proposed ownership structure after the deal, with Oracle and ByteDance releasing contradictory statements on Monday.

Oracle govt vice chairman Ken Glueck noted ByteDance will now not own any a part of the viral video app.

"americans can be the majority and ByteDance will don't have any ownership in TikTok world," referred to Glueck.

The observation from Oracle looked as if it would muddy an already complicated circumstance after it and Walmart introduced on Saturday they'd be taking a 20% share of TikTok below the proposed deal.

The preliminary announcement implied that ByteDance would continue to personal the remaining 80% of TikTok going forward, elevating questions on how that might resolve the Trump administration's country wide safety issues about TikTok's possession by way of chinese pursuits.

In a press release Monday, ByteDance claimed that TikTok would be "a a hundred% owned subsidiary of Bytedance," however an individual universal with the deal spoke of that become inaccurate.

On Monday, Trump indicated that Walmart and Oracle would "personal the controlling hobby. ... And if they locate that they wouldn't have total handle, then we're now not going to approve the deal."

in accordance with the person customary with the deal, TikTok global may be partially owned by using ByteDance's overseas and chinese buyers, however ByteDance itself will hang zero p.c of the brand new enterprise. Oracle and Walmart's investment will take US possession of TikTok world to fifty three%, with ByteDance's chinese and international buyers protecting 36% and 11%, respectively.

The grownup additionally referred to Oracle can be liable for reviewing the app's source code and algorithm earlier than passing it on to users. TikTok's facts, including usernames and passwords, will be stored by means of Oracle inside the united states.

Oracle stated it would host records pertaining to American users on its cloud platform. ByteDance stated in a press release that Oracle would be capable of evaluate the app's source code, however the deal doesn't involve the switch of its algorithms and technologies.

Marco Rubio, a Republican senator, pointed out there could nonetheless be a chance of US person statistics being despatched to China.

"If China continues to handle the code, as I understand they might in this deal, they might put in that code an guide to secretly send records returned to China, to the mainland. No matter where the precise information is housed there will also be anything embedded in that code that sends it the other way," he pointed out during an interview on Fox information.

education fund?

a further supply of confusion: Trump spoke of the deal would additionally encompass a $5 billion fund for US education, notwithstanding he didn't say which agencies could be making the price.

ByteDance observed Sunday that it was unaware that an education fund can be tied to the TikTok deal.

"Some information media said that TikTok will set up a $5 billion schooling fund within the united states," ByteDance referred to in an announcement. "we might like to clarify that it was also their first time hearing concerning the news."

Walmart and Oracle did not mention anything about an training fund in an announcement released over the weekend, but they did say that TikTok international "pays greater than 5 billion in new tax bucks to the USA Treasury."

In its remark on Monday, ByteDance described the "so-known as tax price" as "an estimation of the company income tax and different working taxes that TikTok will need to pay for its company development in the following couple of years."

What's Trump's position?

Trump positioned himself because the kingmaker of any TikTok deal, making clear that he ought to comply with the phrases earlier than the rest is made authentic.

If that appears atypical, it's since it is. whereas governments frequently vet pending offers to provide protection to buyers from monopoly energy, and infrequently do weigh national protection when a merger is introduced, Trump's deep involvement is a stark departure from how deals are customarily finalized — as is his flow to compel a sale in the first location.

"in the conclusion, Trump is the X-factor," observed Dipayan Ghosh, the co-director of the Digital structures and Democracy assignment at the Harvard Kennedy college. "whatever thing he needs will take place, no matter the deserves of the related set of guidelines underlying the idea."

Some certified think the Oracle deal can be helped alongside as a result of Trump's ties to cofounder Larry Ellison, a supporter of the president. CEO Safra Katz has also donated to Trump's reelection bid.

After the flurry of weekend recreation, time is now running out once more to form in the course of the agreement and secure approval from all events. And it be nevertheless now not clear that the association has backing from Beijing.

Why does this remember?

The battle for manage of TikTok in the united states goes beyond social media, protection concerns and who finishes up in cost.

The effect will also have predominant geopolitical consequences, because the united states and China flow further aside under Trump.

For a while, the focal point became on exchange and preserving intellectual property, with each side slapping tariffs on hundreds of billions of greenbacks in goods while government officials tried to negotiate new terms of engagement. however during the last two years, sensitive know-how has become a big area of contention, too.

the U.S. executive has been conducting an extended campaign in opposition t China's Huawei, which makes smartphones and is a number one brand of gadget for 5G wireless networks. Citing similar spying issues, the Trump administration has pushed allies to select different 5G gadget companies, while removing Huawei's access to US know-how, including critical laptop chips.

As drive expands to different elements of the tech trade, companies are for the reason that the emergence of a brand new world order that may reshape how global establishments do company.

Deutsche financial institution has estimated that deliver and demand disruptions, together with the building of a "tech wall" that forces groups to create two units of specifications for the USA and China, may cost organizations $3.5 trillion over the subsequent five years.

The broader economic relationship is additionally at stake at a fragile second following the historic shock from the pandemic. In a record posted in mid-September, the consultancy Rhodium community found that US-China funding dropped to its lowest stage in 9 years all through the primary half of 2020 as tensions rose.

i take advantage of TikTok. What does it imply for me?

as the situation continues to conform, TikTok's tens of hundreds of thousands of US users worry they might lose access to one in every of their favourite products.

under the terms of the threatened ban, americans who already had TikTok on their telephones may nonetheless post brief video clips of dances, fun recipes and comedy routines per regular, however no new downloads can be allowed. US users also would not be in a position to acquire security patches or different updates, which could cause outages or system defects in the future.

even though a ban has been averted for now, fears about restrictions have despatched TikTok downloads soaring. They rose 12% to 247,000 within the united states on Friday, in comparison to Thursday, in line with preliminary estimates from Sensor Tower, a research company.

— Brian Fung, Sherisse Pham, Jill Disis, Selina Wang and Shanshan Wang contributed reporting.

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