About Oracle Project Management Cloud 2023 Implementation Professional exam torrent

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You are currently involved in the implementation of the Project Financial Management solution for your client organization. Your client organization has two main lines of business: Consulting and Support. Consulting Services and Support Services organizations have different project planning, management, analysis and reporting requirements for the projects that they manage, though the management reporting and transaction processing requirements are the same for both the organizations.
What will be your recommendation?

A) Define Two Business Units and Two Project Units
B) Define Two Business Units and One Project Unit
C) Define One Business Unit and Two Project Units
D) Define One Business Unit and Three Project Units

2. 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.

3. Your organization wants to capture the project details for work order labor and equipment resource transactions as part of a project-driven supply chain solution.
Which expenditure type class is recommended for the expenditure types that need to be defined for these type of transactions?

A) Work In Process
B) Usages
C) Inventory
D) Supplier Invoice

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

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

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

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

Solutions: