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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. A project administrator is trying to assign a team member for a project but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)

A) The employee is not assigned to a department.
B) The employee is not assigned to the project-owning organization.
C) The employee is not assigned with a supervisor.
D) Project roles are not assigned in the project.

2. While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status.

A) You opened the hierarchy by clicking the name.
B) You used View Tree Version in the action menu.
C) You selected the Edit icon for opening the hierarchy.
D) You used Create Tree Version in the action menu.
E) You used Create Tree in the action menu.

3. 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) This method creates a formal internal invoice.
C) You must set up the contract business unit to use this method.
D) Costs or revenue are shared based on transfer price rules with this method.

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

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

5. Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement.

A) expenditure items
B) billing events
C) invoice method
D) billing controls
E) bill plan

Solutions: