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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Project Costing | 20% | - Configure cost collection, allocations, burdening - Integrate with Time and Labor - Set up budgetary controls and cost controls |
| Project Billing and Revenue Management | 20% | - Configure cross-charging, transfer pricing - Set up revenue recognition and invoicing - Manage contract billing and revenue accounting |
| Project Planning, Control and Forecasting | 15% | - Set up project controls and performance tracking - Define project budgets and forecasts - Manage project schedules and progress |
| Functional Setup Manager and Implementation | 10% | - Use Rapid Implementation Workbook - Configure and manage implementation projects |
| Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Resource Management | 10% | - Configure enterprise resource setup - Manage resource allocation and utilization |
| Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Describe architecture and components - Set up calendars, periods, rate schedules, transaction sources - Configure enterprise settings, reference data sharing |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
You want to create a few project roles so as to restrict access in 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?
- 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 Executive - Security based on Project Hierarchy
- D. Project Manager - Security based on Project Assignment
- E. Project Billing Specialist - Security based on Contract BU
Correct Answer: D 🗳️
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Your customer has a requirement to import and process third-party transactions that are "costed" and "accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)
- A. Document Options
- B. Transaction Source Options
- C. Import Options
- D. Document Entry Options
Correct Answer: D 🗳️
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You are trying to create a custom infolet but are not able to find the "Create Infolet" option in the Infolet repository window. Which two steps should be completed before you can access the "Create Infolet" option?
- A. You must activate Page Composer.
- B. You should be on the Project Custom Objects page.
- C. You must be in an active sandbox.
- D. You should enable the "Create Infolet" option from the Personalize Springboard page.
Correct Answer: B 🗳️
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Identify three correct statements about project types.
(Choose three.)
Response:
- A. Project type can be enabled for both billing and capitalization.
- B. Summarization options can be specified at project type.
- C. Project type can be used as a source in subledger accounting.
- D. Project type can be associated with multiple project units.
- E. Classifications can be assigned at project type.
Correct Answer: A,C,D 🗳️
Which two statements are true about the borrowed and lent cross charge method?
- A. You must set up a contract business unit to use this method.
- B. This method allows you to process cross charge transactions across legal entities.
- C. Internal Invoice is not generated with this method.
- D. This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations
Correct Answer: C 🗳️
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