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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. 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.
Response:

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

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

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

3. When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select? (Choose the best answer.)

A) Bulk
B) Detail
C) Summary
D) Incremental

4. As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.
What is the reason for this problem?

A) All expenditure items charged to the task use the new burden schedule.
B) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
C) You can enable automatic reprocessing of expenditure items processed before the burden schedule change.
D) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.

5. Which three file-based data imports are available for use in Oracle Project Portfolio Management Cloud?

A) Project Tasks
B) Capital Rate Schedule
C) Project Billing Events
D) Project Templates
E) Project Budgets

Solutions: