Oracle 1Z0-1057-23 Q&A - in .pdf

  • 1Z0-1057-23 pdf
  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Aug 06, 2026
  • Q & A: 138 Questions and Answers
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  • Q & A: 138 Questions and Answers
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  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Aug 06, 2026
  • Q & A: 138 Questions and Answers
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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionWeightObjectives
Functional Setup Manager and Implementation10%- Configure and manage implementation projects
- Use Rapid Implementation Workbook
Project Billing and Revenue Management20%- Set up revenue recognition and invoicing
- Manage contract billing and revenue accounting
- Configure cross-charging, transfer pricing
Program Management and Reporting10%- Configure project performance reporting and KPIs
- Set up programs and hierarchies
Project Planning, Control and Forecasting15%- Set up project controls and performance tracking
- Define project budgets and forecasts
- Manage project schedules and progress
Project Management Cloud Overview and Common Configuration15%- Describe architecture and components
- Configure enterprise settings, reference data sharing
- Set up calendars, periods, rate schedules, transaction sources
- Manage security, roles, duties and user experience
Project Costing20%- Set up budgetary controls and cost controls
- Integrate with Time and Labor
- Configure cost collection, allocations, burdening
Resource Management10%- Manage resource allocation and utilization
- Configure enterprise resource setup

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

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

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


2. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

A) Amount Based
B) As Incurred
C) Percent Complete
D) Rate Based


3. Stigma Consulting wants to implement the program management capability to coordinate and track their strategic programs.
Which three components are required to configure the program options as part of implementing the program management capability? (Choose three.)

A) Accounting Methods
B) Derivation Methods
C) Calculation Methods
D) Currencies
E) Calendar


4. Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

A) Fixed Asset
B) Payables
C) Purchasing
D) Receipt Accounting


5. Your customer wants a team member who is assigned to a project to be able to create and submit a forecast, but not to be able to approve the forecast. What is the default project role that you should assign to the person in the project to meet this requirement? (Choose the best answer.)

A) Project Administrator
B) Project Accountant
C) Project Application Administrator
D) Project Manager


Solutions:

Question # 1
Answer: E
Question # 2
Answer: D
Question # 3
Answer: E
Question # 4
Answer: A
Question # 5
Answer: D

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