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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question 1

You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in Microsoft Projects. Identify three conditions that must be met for exporting milestone tasks. (Choose three.)

A. only one labor resource assignment with 100 effort
B. only one labor resource assignment with 0 effort
C. lowest-level tasks set up with non-zero duration
D. percent work complete values of 0 or 100 percent
E. lowest-level tasks set up with zero duration

Question 2

Identify the valid approval group type applicable to Oracle Project Financial Management Cloud.
(Choose the best answer.)
Response:

A. Flexfield
B. Job
C. Dynamic
D. Position
E. Static

Question 3

Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.

A. project plan type
B. project
C. expenditure item
D. resource
E. project classification

Question 4

Which two statements are true about the cross-charge method, Borrowed and Lent?

A. Costs or revenue are shared based on transfer price rules with this method.
B. You must set up the contract business unit to use this method.
C. This method creates a formal internal invoice.
D. This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.

Question 5

Your customer has the following setups on the project plan type that they are using for their projects:
Use Task Planned Dates as Task Assignment Dates = Yes
Automatically Roll Up Task Planned Dates = Yes
Synchronize Task Transaction Dates with Planned Dates = No
With these setups in place, you perform the following actions:
1. Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of 01-Jul-2016.
2. Create another new subtask (Sub Task 2) after the previous action is saved.
What would the correct behavior of the application be after these actions? (Choose the best answer.)

A. After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task 2 would be created with 15-Jun-2016.
B. After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task 2 would be created with 15-Jun-2016.
C. Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on both subtasks would remain 15-Jun-2016.
D. After the creation and saving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub Task 2 would be created with 01-Jul-2016.

Solutions: