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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

A) Allocate rental costs once each accounting period by using the "full" allocation method.
B) Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
C) Define allocation basis by using Actual Amounts with a project-to-date amount class.
D) Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
E) Define allocation basis by using Actual Amounts with a period-to-date amount class.

2. Which product offering enables you to collaboratively plan and deliver projects by leveraging intuitive and integrated scheduling tools?

A) Project Management
B) Resource Management
C) Project Control
D) Project Costing

3. You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem.

A) Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
B) Pending burden summarization items have not been processed.
C) Unaccounted transactions are not imported.
D) Unaccounted transactions have not been swept to the next period.
E) The corresponding Oracle Payables Cloud accounting period has not been closed.

4. Which three tools are available for accessing REST APIs?

A) Programming Language
B) Oracle Transactional Business Intelligence
C) cURL
D) Web Browser

5. 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) Remaining Plan
B) Effort
C) Manual Entry
D) Cost

Solutions: