Oracle Project Financials Management Cloud 1Z0-1057-23

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. Which product offering simplifies the planning, budgeting, and forecasting capabilities as part of Project Management Cloud?

A) Project Billing
B) Project Control
C) Project Costing
D) Enterprise Contract Management

2. Identify three correct statements about project types.
(Choose three.)
Response:

A) Project type can be enabled for both billing and capitalization.
B) Project type can be associated with multiple project units.
C) Project type can be used as a source in subledger accounting.
D) Summarization options can be specified at project type.
E) Classifications can be assigned at project type.

3. Which three are valid password complexity criteria while setting up password policies? (Choose three.)

A) Complex: At least 8 characters, 1 uppercase, and 1 number
B) Very Complex: At least 8 characters, 1 uppercase, 1 number, and 2 special characters
C) Simple: At least 8 characters and 1 number
D) Very Complex: At least 8 characters, 1 uppercase, 1 number, and 1 special character
E) Very Complex: At least 6 characters, 1 uppercase, 1 number, and 1 special character

4. Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

A) S-Curve
B) Daily Spread Basis
C) Back Loaded
D) Bell Curve
E) Even

5. Select two correct statements about project classifications on a template.

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

Solutions: