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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

Question 1

Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset.
Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement.
(Choose the best answer.)
Response:

A. Estimated Cost
B. Current Cost
C. Spread Evenly
D. Actual Unit
E. Standard Unit Cost

Question 2

In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A. expenditure items whose cost spreads across multiple assets that are capitalized
B. expenditure items whose costs are applied to a single asset or multiple assets
C. common costs on the project/task
D. expenditure type exclusions on the Capitalized Interest rate name
E. expenditure type exclusions on the Capitalized Interest rate schedules

Question 3

You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule.

A. Workday Patterns
B. Accounting Calendar
C. Exceptions
D. Time Off
E. Expenditure Type

Question 4

You have projects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that these distribution set lines are not validated against the project transaction controls and you are allowed to save it without any validation errors. Identify the reason why the project transaction controls are not applied. (Choose the best answer.)

A. The account code combination is not available on the distribution set line.
B. There is no expenditure organization information available on the distribution set line.
C. There is no expenditure type information available on the distribution set line.
D. There is no expenditure item date information available on the distribution set line.

Question 5

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

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

Solutions: