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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. 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 Administrator
B) Project Accountant
C) Project Manager
D) Project Application Administrator

2. 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) event type
B) work type
C) expenditure type
D) cost type

3. Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security.

A) Project Administrator Template for Project Organization Security
B) Project Accountant Template for Project Organization Security
C) Project Creator Template for Project Organization Security
D) Project Manager Template for Project Organization Security
E) Project Billing Specialist Template for Project Organization Security

4. 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 Unearned Revenue 40,000Cr Revenue 40,000
B) Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
C) Dr Accounts Receivables 40,000Cr Revenue 40,000
D) Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000

5. Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

A) Receipt Accounting
B) Fixed Asset
C) Purchasing
D) Payables

Solutions: