Oracle Project Management Cloud 2023 Implementation Professional : 1Z0-1057-23

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they review the rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

A) Allocate rental costs once each accounting period by using the "full" allocation method.
B) Allocate to all eligible tasks and prorate the allocation by the total actual raw cost accrued for each task during the previous accounting period.
C) Define allocation basis by using Actual Amounts with a project-to-date amount class.
D) Define allocation basis by using Actual Amounts with a period-to-date amount class.
E) Allocate rental costs once each accounting period by using the "spread evenly" allocation method.

2. Your customer wants a project start date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)

A) Do not cascade date changes.
B) Cascade change to the start date.
C) Cascade change to the start date and the finish date.
D) Cascade change to the finish date.

3. You are implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-charge transactions happen between business units within the same legal entity. Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement.

A) Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
B) A document entry such as straight time must be enabled for cross-charge transactions.
C) Transfer price basis must be Raw Cost and calculation method must be Basis Only.
D) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.

4. Your organization has a requirement to retrieve the value of the cost center segment based on the department.
Which source can you use while defining the account rule to achieve this requirement?

A) Expenditure Business Unit Cost Center Segment
B) Event Organization Cost Center Segment
C) Project Organization Cost Center Segment
D) Expenditure Organization Cost Center Segment

5. Which precedence order is used by the system for labor schedules to distribute payroll cost?

A) Assignment Element > Element > Assignment
B) Assignment > Element > Assignment Element
C) Element > Assignment Element > Assignment
D) Assignment > Assignment Element > Element

Solutions: