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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

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

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

2. Which two statements are true about the borrowed and lent cross charge method?

A) This method allows you to process cross charge transactions across legal entities.
B) This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations
C) Internal Invoice is not generated with this method.
D) You must set up a contract business unit to use this method.

3. Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation?

A) Allocate Project Expense
B) Manage Project Plan Resource Assignment
C) Transfer Project
D) View Project Progress

4. You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?

A) Select the offering you want to implement.
B) Enable optional functional areas and features by opting in.
C) Assign tasks to various users who are responsible for managing setup data.
D) Generate a list of setup tasks.
E) Monitor the progress of completing setup tasks.

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

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

Solutions: