100% Real & Accurate 1Z0-1057-23 Questions and Answers with Free and Fast Updates [Q30-Q51]

July 9, 2025 1Z0-1057-23, Oracle 0 Comments

100% Real & Accurate 1Z0-1057-23 Questions and Answers with Free and Fast Updates [Q30-Q51]

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100% Real & Accurate 1Z0-1057-23 Questions and Answers with Free and Fast Updates

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NO.30 Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?

Top resource

Expenditure Type

Task

Expenditure Category

Project

NO.31 Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)

Contract Line

Expenditure Type

Projects

Contract Header

Task

NO.32 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.)

common costs on the project/task

expenditure type exclusions on the Capitalized Interest rate name

expenditure type exclusions on the Capitalized Interest rate schedules

expenditure items whose costs are applied to a single asset or multiple assets

expenditure items whose cost spreads across multiple assets that are capitalized

NO.33 Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two)

Use the predefined Bell Curve spread with small deviations on the spread points.

Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.

Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.

Use the predefined S-Curve spread with small deviations on the spread points.

NO.34 You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X – Task 10, and Bill Plan B is allocated against Project Y – Task 30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario.

Two invoices are created using the same contract.

Both the contract lines create only a single invoice because they are using the same contract.

Bill set number drives the grouping of transactions.

Invoice generation does not depend on bill plan. The invoices are created based on the contract line.

NO.35 Your customer wants to automatically allocate unassigned asset lines and common costs across multiple assets based on the construction-in-process cost of each asset.
Identify the asset allocation method that you must use as the default method while configuring project types to meet this requirement.
(Choose the best answer.)
Response:

Standard Unit Cost

Actual Unit

Spread Evenly

Current Cost

Estimated Cost

NO.36 You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule.

Exceptions

Accounting Calendar

Time Off

Workday Patterns

Expenditure Type

NO.37 Which three tasks can be performed using the project requirements work area? (Choose three.)

creating projects and tasks in the context of backlog items.

creating issues for the backlog items.

adding scrum master to backlog items.

tracking backlog item status from the requirement storyboard.

creating change orders for the backlog items.

The project requirements work area is a work area that allows you to define and manage requirements for your projects using various methods and sources. Requirements are statements of needs or expectations that must be met by the project outcome. Backlog items are a type of requirement that are used for agile projects that follow an iterative and incremental approach. Three of the tasks that can be performed using the project requirements work area are:
creating projects and tasks in the context of backlog items: This task allows you to create new projects and tasks or link existing projects and tasks to backlog items. This helps you to plan and execute the work that is required to fulfill the backlog items.
creating issues for the backlog items: This task allows you to create new issues or link existing issues to backlog items. Issues are problems or risks that affect the progress or outcome of a project or requirement. This helps you to track and resolve the issues that are related to the backlog items.
tracking backlog item status from the requirement storyboard: This task allows you to view and update the status of backlog items from the requirement storyboard. The requirement storyboard is a graphical representation of the progress and completion of backlog items using various stages and lanes. This helps you to monitor and control the delivery of backlog items. Adding scrum master to backlog items and creating change orders for the backlog items are not tasks that can be performed using the project requirements work area. Adding scrum master to backlog items is a task that can be performed using the project team work area, as scrum master is a role that is assigned to a project team member who facilitates and coordinates the agile project activities. Creating change orders for the backlog items is a task that can be performed using the project change management work area, as change orders are documents that capture and approve changes to a project scope, schedule, or budget. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-execution.html#OAPFM2356321

NO.38 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.)

Rate Based

As Incurred

Percent Complete

Amount Based

NO.39 Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.

The current date is used for calculating labor demand for the current year.

The current period start date is used for calculating labor demand for the current year.

The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.

NO.40 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?

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

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

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

Accounting date is the same as the original invoice date.

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

NO.41 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.

Project Type

Business Unit

Project Organization Classification

Organization Tree

Project Accounting Business Function

NO.42 Which step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment?

Maintaining

Setting Up

Opting In

Planning

Deploying

NO.43 Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

Contract Team Connect

Project Contract-based costing

Project Contract-based billing

Project Contract Collection Center

NO.44 Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page. An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values.

The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.

For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic order based on the condition name.

For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.

The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.

NO.45 Shift is one of the key elements in defining project and resource calendars.
Which two additional key elements are required to define the project and resource calendars?

Schedule Exceptions

Workday Patterns

Time off

Expenditure Type

Accounting Calendar

NO.46 When implementing Project Performance Reporting, your customer has the following requirements:
Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)

multiple threshold levels

single threshold level value

single threshold level range

multiple threshold level value

NO.47 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?

Dr Deferred Revenue 10000 –

Dr Accounts Receivables 10000 –

Dr Unbilled Receivables 10000 –

Dr Accounts Receivables 10000 –

NO.48 Which precedence order is used by the system for labor schedules to distribute payroll cost?

Element > Assignment Element > Assignment

Assignment > Assignment Element > Element

Assignment > Element > Assignment Element

Assignment Element > Element > Assignment

NO.49 Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

Create a revenue method with a revenue method classification of Rate Based.

Create a revenue method classification with a revenue method of Percent Spent.

Create a revenue method with a revenue method classification of Amount Based.

Create a revenue method classification with a revenue method of Percent Complete.

NO.50 Which component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual?

Accounts Member

Time Member

Category Member

Scenario Member

NO.51 Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management.

expenditure item

project

resource

project classification

project plan type