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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question 1

Select two correct statements about project classifications on a template.
Response:

A. Set Code is not required for a project class category in a project classification.
B. When a project is created from a template, the required project classifications must be entered.
C. Project class category in a project classification must be associated with a Set Code.
D. Project Classification is a mandatory field on a project template.

Question 2

Which three Cost Collection Flexfield core attributes can be derived during import if not explicitly entered in a transaction document? (Choose three.)

A. Expenditure Type
B. Work Type
C. Billable Flag
D. Funding Source
E. Capitalizable Flag

Question 3

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

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

Question 4

Your organization has been awarded a new contract based on which you are allowed to sell:
Items not tracked in inventory
Inventory items
Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A. Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".
B. Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".
C. Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
D. Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based".

Question 5

Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS.
Identify two correct statements about the periodic project labor demand.
Response:

A. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
B. Labor Demand FTE is calculated as Quaterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
C. Labor Demand FTE is calculated as Monthly Allocation hours divided by Monthly FTE hours, if a period is used as the basis for viewing labor demand.
D. Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.

Solutions: