Free Practice Oracle 1Z0-1057-24 Exam Questions 2025

Stay ahead with 100% Free Oracle Project Management Cloud 2024 Implementation Professional 1Z0-1057-24 Dumps Practice Questions

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Total 132 Questions | Updated On: Mar 25, 2025

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Question 1

You create a project schedule with a Shifts element. Identify two more elements that can be part of a project

schedule. (Choose two.)

A : Exceptions

B : Accounting Calendar

C : Workday Patterns

D : Time Off

E : Expenditure Type

Answer: A,C

Question 2

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

Answer: A

Question 3

Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates will be populated in such invoices? (Choose two.)

A : Accounting date is the same as the original invoice date.

B : Project accounting date is the same as the original invoice date.

C : Project accounting date is the first day of the first open project accounting period.

D : Project accounting date is the last day of the open project accounting period.

E : Accounting date is the first day of the first open accounting period.

Answer: A,B

Question 4

Your organization has decided to enable the common accounting and project accounting periods option while defining business unit implementation options. Where will you maintain the accounting period statuses if this option has been enabled?

A : Project Foundation

B : Project Costing

C : General Ledger

D : Subledger Accounting

Answer: A

Question 5

Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit. Which reference data sharing method would you set up to meet the customer requirement? (Choose the best answer.)

A : assignment to one set only with common values

B : assignment to one set only; no common values allowed

C : assignment to multiple sets; common values allowed

D : assignment to multiple sets; no common values allowed

Answer: D

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Total 132 Questions | Updated On: Mar 25, 2025

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