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

  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Jun 15, 2026
  • Q&As: 138 Questions and Answers

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Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

1. In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A) expenditure type exclusions on the Capitalized Interest rate schedules
B) expenditure items whose cost spreads across multiple assets that are capitalized
C) expenditure type exclusions on the Capitalized Interest rate name
D) common costs on the project/task
E) expenditure items whose costs are applied to a single asset or multiple assets


2. A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:
and accounting entry for invoice is:

What will be the accounting entry when you reclassify the billing offset balances in the first period?

A) Dr Deferred Revenue 10000 -
B) Dr Unbilled Receivables 10000 -
C) Dr Accounts Receivables 10000 -
D) Dr Accounts Receivables 10000 -


3. Stigma Consulting wants to implement the program management capability to coordinate and track their strategic programs.
Which three components are required to configure the program options as part of implementing the program management capability? (Choose three.)

A) Currencies
B) Accounting Methods
C) Calculation Methods
D) Calendar
E) Derivation Methods


4. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

A) Amount Based
B) Rate Based
C) As Incurred
D) Percent Complete


5. Your customer has separate organizations to maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement.

A) Business Unit
B) Organization Tree
C) Project Type
D) Project Organization Classification
E) Project Accounting Business Function


Solutions:

Question # 1
Answer: B
Question # 2
Answer: C
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: D

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