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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Billing | - Configure project billing and revenue
|
| Topic 2: Common Project Configuration | - Configure enterprise project settings
|
| Topic 3: Project Costing | - Manage project costing configuration
|
| Topic 4: Project Management | - Manage project execution
|
| Topic 5: Navigation, User Experience, Personalization, and Approvals | - Manage approvals and workflows
|
| Topic 6: Project Management Overview | - Describe the components of Oracle Project Management Cloud
|
| Topic 7: Functional Setup Manager | - Configure implementation setup
|
| Topic 8: Project Foundation | - Configure foundational project structures
|
| Topic 9: Program Management | - Manage programs and reporting
|
| Topic 10: Project Resource Management | - Configure resource management
|
| Topic 11: Project Performance Reporting | - Configure reporting and KPI tracking
|
| Topic 12: Applications Security | - Manage security configuration
|
| Topic 13: Project Control | - Manage project planning and forecasting
|
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
Question 1
A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)
A. Dr Accounts Receivables 40,000Cr Revenue 40,000
B. Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
C. Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000
D. Dr Unearned Revenue 40,000Cr Revenue 40,000
Question 2
After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task list scope, which you must consider before taking a decision based on the customer requirement.
A. A scope value is used to assign users who can perform a task within an implementation project.
B. A task list can be segmented by a scope value and a task can be performed for each qualifying value of the selected object.
C. Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.
D. Exported setup data can be filtered by specific scope values if the business object has scope enabled for the setup data export.
Question 3
Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)
A. Cost
B. Manual Entry
C. Remaining Plan
D. Effort
Question 4
Identify the attribute of a project type that determines if expenditure items are billable, and the amount type to be used as the basis for transfer pricing. (Choose the best answer.)
A. cost type
B. work type
C. expenditure type
D. event type
Question 5
You have been hired as a project manager for implementing the Project Financial Management and Project Execution Management offering by an organization. The Chief Information Officer of the deploying organization has requested you to explain the benefits of using the implementation project-based approach over the functional area-based approach.
Which two are the main benefits of using the implementation projects within Functional Setup Manager?
A. Implementation Project helps you to monitor progress of the setup tasks.
B. Implementation Project gives you the flexibility to set up different functional areas of the offering at different times.
C. Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.
D. Implementation Project helps you to use the manage setup data entry in bulk option.
Solutions:
| Question 1 Answer: B | Question 2 Answer: A | Question 3 Answer: D | Question 4 Answer: D | Question 5 Answer: C |
