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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Which two are the workflows in Project Financial Management?

A) Burden Cost Recalculation
B) Capital Interest Calculation
C) Project Status Change
D) Asset Line Generation
E) Expenditure Item Adjustment

2. Which two statements are true about a project in "Draft" status?

A) Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
B) Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
C) Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
D) Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.

3. Your client has decided to import time cards into Project Costing from Oracle Fusion Time and Labor. They have a requirement to make adjustments to time card entries whenever needed.
In which work area will the employees and contingent workers be able to modify their time cards?

A) Both Time and Cost
B) Cost
C) Asset
D) Time

4. A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:
and accounting entry for invoice is:

What will be the accounting entry when you reclassify the billing offset balances in the first period?

A) Dr Accounts Receivables 10000 -
B) Dr Accounts Receivables 10000 -
C) Dr Deferred Revenue 10000 -
D) Dr Unbilled Receivables 10000 -

5. Shift is one of the key elements in defining project and resource calendars.
Which two additional key elements are required to define the project and resource calendars?

A) Schedule Exceptions
B) Workday Patterns
C) Accounting Calendar
D) Time off
E) Expenditure Type

Solutions: