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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

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

2. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

A) Rate Based
B) Percent Complete
C) Amount Based
D) As Incurred

3. Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

A) Manual Entry
B) Cost
C) Effort
D) Remaining Plan

4. Which three are valid password complexity criteria while setting up password policies? (Choose three.)

A) Simple: At least 8 characters and 1 number
B) Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1 special character
C) Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special characters
D) Complex: At least 8 characters, 1 uppercase, and 1 number
E) Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1 special character

5. Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

A) The current date is used for calculating labor demand for the current year.
B) The current period start date is used for calculating labor demand for the current year.
C) The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
D) The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.

Solutions: