Oracle 1Z0-1057-23 Vce Exam: Oracle Project Management Cloud 2023 Implementation Professional - Pass4sures Bring Candidates good High Passing Score
Oracle 1Z0-1057-23 Vce Exam: Oracle Project Management Cloud 2023 Implementation Professional - Pass4sures Bring Candidates good High Passing Score
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Each format has a pool of Oracle Project Management Cloud 2023 Implementation Professional (1Z0-1057-23) actual questions which have been compiled under the guidance of thousands of professionals worldwide. Questions in this product will appear in the Oracle 1Z0-1057-23 final test. Hence, memorizing them will help you get prepared for the 1Z0-1057-23 examination in a short time. The product of Pass4sures comes in PDF, desktop practice exam software, and 1Z0-1057-23 web-based practice test. To give you a complete understanding of these formats, we have discussed their features below.
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions (Q55-Q60):
NEW QUESTION # 55
Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation?
- A. Transfer Project
- B. Allocate Project Expense
- C. View Project Progress
- D. Manage Project Plan Resource Assignment
Answer: D
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjm/index.html#_Toc468200732_1_12 Topic - Privileges - This table lists privileges granted to duties of the abstract role Project Management Duty.
Granted Role - Project Plan Management
Privilege - only A and C are listed
NEW QUESTION # 56
Where is the Allow Override option for the Default Capitalized Interest Rate Schedule specified?
- A. Manage Project Type page
- B. Manage Capitalized Interest Rate Schedules page
- C. Manage Project Plan Type page
- D. Manage Capitalized Interest Rates page
- E. Manage Expenditure Type page
Answer: A
Explanation:
The Allow Override option for the Default Capitalized Interest Rate Schedule is specified on the Manage Project Type page. This option allows you to override the default capitalized interest rate schedule for a project or task that uses the project type. The default capitalized interest rate schedule is used to calculate the capitalized interest amount for a project or task based on the interest rates and dates defined in the schedule. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-costs.html#OAPFM2356031
NEW QUESTION # 57
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error. Identify two reasons for this problem.
Response:
- A. Pending burden summarization items have not been processed.
- B. Unaccounted transactions are not imported.
- C. The corresponding Oracle Payables Cloud accounting period has not been closed.
- D. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
- E. Unaccounted transactions have not been swept to the next period.
Answer: A,E
NEW QUESTION # 58
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem.
- A. Unaccounted transactions have not been swept to the next period.
- B. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
- C. Unaccounted transactions are not imported.
- D. The corresponding Oracle Payables Cloud accounting period has not been closed.
- E. Pending burden summarization items have not been processed.
Answer: B
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/oapjb/record-accounting-for-project-billing.html#OAPJB340382 Topic - Accounting Period and Project Accounting Period Closing: How Validation Works
NEW QUESTION # 59
You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)
- A. USD 184
- B. USD 70
- C. USD 134
- D. USD 120
Answer: D
Explanation:
Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19b/oapjb/manage-project-contract-revenue.html#OAPJB164173 Associated Project Percent Spent Example The following formula calculates the percent spent revenue for the associated project.
((Sum of ITD Actual Cost for every subtask that is part of the associated task / Sum of Total Budgeted cost for every task that is part of associated task) x Associated Project Funded Amount) - Sum of Existing Invoice Event Amounts for the Associated Project ((60/300) x 750) - 80 = 70 ((Actual Cost / Budgeted Cost) x Budgeted Revenue) - Sum of Revenue Event Amount
NEW QUESTION # 60
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