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Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Project Planning, Control and Forecasting | 15% | - Manage project schedules and progress - Set up project controls and performance tracking - Define project budgets and forecasts |
| Resource Management | 10% | - Manage resource allocation and utilization - Configure enterprise resource setup |
| Project Costing | 20% | - Configure cost collection, allocations, burdening - Integrate with Time and Labor - Set up budgetary controls and cost controls |
| Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Project Management Cloud Overview and Common Configuration | 15% | - Describe architecture and components - Configure enterprise settings, reference data sharing - Manage security, roles, duties and user experience - Set up calendars, periods, rate schedules, transaction sources |
| Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Project Billing and Revenue Management | 20% | - Manage contract billing and revenue accounting - Set up revenue recognition and invoicing - Configure cross-charging, transfer pricing |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
Question 1
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud.
(Choose the best answer.)
Response:
A. Static
B. Position
C. Dynamic
D. Flexfield
E. Job
Question 2
You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)
A. USD 70
B. USD 184
C. USD 134
D. USD 120
Question 3
You configure one OTBI using Project Cross Subject Area Analysis Real Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)
A. The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
B. The Bill-To-Customer dimension does not apply to Invoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.
C. The Bill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
D. The Contract and Contract Line dimensions apply only to Invoice measures.
E. The Bill-To-Customer dimension applies only to Revenue and Invoice measures.
Question 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. Receipt Accounting
B. Fixed Asset
C. Payables
D. Purchasing
Question 5
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)
A. Static
B. Position
C. Dynamic
D. Flexfield
E. Job
Solutions:
| Question 1 Answer: A,C | Question 2 Answer: D | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: A |
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