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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You have projects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that these distribution set lines are not validated against the project transaction controls and you are allowed to save it without any validation errors. Identify the reason why the project transaction controls are not applied. (Choose the best answer.)

A) There is no expenditure type information available on the distribution set line.
B) There is no expenditure organization information available on the distribution set line.
C) There is no expenditure item date information available on the distribution set line.
D) The account code combination is not available on the distribution set line.

2. 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) Work In Process
B) Usages
C) Inventory
D) Supplier Invoice

3. Your customer accounts revenue based on, product class category. Because all your customer''s projects are funded by private and government institutions, they decide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category "Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

A) Product class category is not enabled for "available as accounting source".
B) Funding source class category is assigned to all project types.
C) Funding source class category is enabled for "available as accounting source".
D) Funding source class category is not enabled for "available as accounting source".

4. Your customer wants a team member who is assigned to a project to be able to create and submit a forecast, but not to be able to approve the forecast. What is the default project role that you should assign to the person in the project to meet this requirement? (Choose the best answer.)

A) Project Accountant
B) Project Application Administrator
C) Project Manager
D) Project Administrator

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

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

Solutions: