Oracle 1z0-1057-25 : Oracle Project Management Cloud 2025 Implementation Professional

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Oracle Project Management Cloud 2025 Implementation Professional Sample Questions:

1. Identify the attribute of a project type that determines if expenditure items are billable, and the amount type to be used as the basis for transfer pricing. (Choose the best answer.)

A) expenditure type
B) work type
C) cost type
D) event type

2. Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

A) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.
B) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
C) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.
D) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.

3. Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

A) Contract Team Connect
B) Project Contract-based costing
C) Project Contract-based billing
D) Project Contract Collection Center

4. Which three file-based data imports are available for use in Oracle Project Portfolio Management Cloud?

A) Capital Rate Schedule
B) Project Tasks
C) Project Templates
D) Project Billing Events
E) Project Budgets

5. 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 Accounts Receivables 10000 -
Cr Revenue 10000
B) Dr Unbilled Receivables 10000 -
Cr Accounts Receivables 10000
C) Dr Deferred Revenue 10000 -
Cr Unbilled Receivables 10000
D) Dr Accounts Receivables 10000 -
Cr Unbilled Receivables 10000

Solutions: