Practice 1Z0-1057-23 Exam Online

Question 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 One Business Unit and Two Project Units

B : Define Two Business Units and Two Project Units

C : Define One Business Unit and Three Project Units

D : Define Two Business Units and One Project Unit

Answer: A

Question 2

Your organization has been awarded a new contract based on which you are allowed to sell:

Items not tracked in inventory

Inventory items

Services

Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A : Create two contract lines with a line type each of “free-form, project-based buy agreement” and “bundle sell, project-based”.

B : Create two contract lines with a line type each of “sell intent, free-form, project-based” and “sell intent, item, project-based”.

C : Create two contract lines with a line type each of “product, project-based, sell agreement, standalone” and “sell intent, item, project-based”.

D : Create two contract lines with a line type each of “sell intent, item, project-based’ and “subscription, project-based, sell”.

Answer: B

Question 3

You have defined two expenditure types but they are not available for selection when you enter an expenditure batch. What is the reason for this problem?

A : The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed

B : The two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed.

C : The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed

D : The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.

Answer: C

Question 4

Which two attributes are available while enabling a task as a business object for social networking?

A : Task

B : Project Number

C : Task Number

D : Creation Date

E : Project

Answer: B,C

Question 5

Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

A : Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule

B : Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate

C : Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule

D : Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule

E : Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

Answer: D

Name:	Oracle Project Management Cloud 2023 Implementation Professional
Exam Code:	1Z0-1057-23
Certification:	Oracle Project Management Cloud
Vendor:	Oracle
Total Questions:	132
Last Updated:	Apr 23, 2024

Oracle 1Z0-1057-23