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

  • Exam Code: 1Z0-1057-23
  • Exam Name: Oracle Project Management Cloud 2023 Implementation Professional
  • Updated: Nov 05, 2026
  • Q & A: 138 Questions and Answers

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Oracle 1Z0-1057-23 Exam Syllabus Topics:

SectionObjectives
Security and Integration- Access control and roles
  • 1. Project security model
    • 2. Integration with ERP modules
      Project Execution and Control- Managing project execution
      • 1. Issue and change management
        • 2. Progress tracking and updates
          Project Setup and Configuration- Enterprise project structure setup
          • 1. Project units and business units
            • 2. Project templates and defaults
              Project Management Cloud Fundamentals- Oracle Project Management Cloud overview
              • 1. Integration with Oracle Cloud ERP
                • 2. Core capabilities and architecture
                  Financial Management and Reporting- Project financial tracking
                  • 1. Revenue and billing integration
                    • 2. Budgeting and cost control
                      Project Planning and Scheduling- Work breakdown structure (WBS)
                      • 1. Task planning and dependencies
                        • 2. Scheduling methods and constraints

                          Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:

                          Question #1

                          Which two statements are true about a project in "Draft" status?

                          • A. Project managers can neither view draft projects on the Project Manager Dashboard nor use the projects for requirements planning.
                          • B. Team members cannot see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
                          • C. Project managers can view draft projects on the Project Manager Dashboard and use the projects for requirements planning.
                          • D. Team members can see the tasks from draft projects on the Team Member Dashboard or in the My Work area.
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

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                          Question #2

                          Which three features are part of Oracle Fusion Functional Setup Manager?

                          • A. guided task list for end-to-end setup requirements
                          • B. modifying an existing implementation project task list by selecting more functional areas when needed
                          • C. export and import services for setup data migration between environments
                          • D. feature opt-in for a best fit configuration
                          • E. updating an implementation project task list by changing the opt-in configuration to suit the latest requirements
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

                          Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

                          Question #3

                          Which three can be tracked as Status tracking for Project Invoice Approval Notifications? (Choose three.)

                          • A. Prior actions
                          • B. Person assigned for approval
                          • C. Pre-approval activities
                          • D. Persons with whom it is still pending approval
                          • E. Date-wise updates to the document
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

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                          Question #4

                          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 Unbilled Receivables 10000 -
                          • B. Dr Deferred Revenue 10000 -
                          • C. Dr Accounts Receivables 10000 -
                          • D. Dr Accounts Receivables 10000 -
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

                          Explanation: Only visible for Free4Torrent members. You can sign-up / login (it's free).

                          Question #5

                          Where is the Allow Override option for the Default Capitalized Interest Rate Schedule specified?

                          • A. Manage Project Plan Type page
                          • B. Manage Project Type page
                          • C. Manage Capitalized Interest Rate Schedules page
                          • D. Manage Expenditure Type page
                          • E. Manage Capitalized Interest Rates page
                          Reveal Solution  Discussion  0

                          Correct Answer: B  🗳️

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