Oracle 1Z0-1057-23 real exam prep : Oracle Project Management Cloud 2023 Implementation Professional

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. 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 you to use the manage setup data entry in bulk option.
D) Implementation Project helps in assigning responsibility of managing setup data to a broad group of users.

2. Identify three correct statements about project types. (Choose three.)

A) Project type can be used as a source in subledger accounting.
B) Project type can be enabled for both billing and capitalization.
C) Project type can be associated with multiple project units.
D) Summarization options can be specified at project type.
E) Classifications can be assigned at project type.

3. Your organization wants to capture the project details for work order labor and equipment resource transactions as part of a project-driven supply chain solution.
Which expenditure type class is recommended for the expenditure types that need to be defined for these type of transactions?

A) Inventory
B) Supplier Invoice
C) Work In Process
D) Usages

4. Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

A) Project Contract Collection Center
B) Contract Team Connect
C) Project Contract-based billing
D) Project Contract-based costing

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

Solutions: