Oracle Project Management Cloud 2022 Implementation Professional - 1z0-1057-22 Exam Practice Test

Which precedence order is used by the system for labor schedules to distribute payroll cost?
Correct Answer: C
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A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)
Correct Answer: C
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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.)
Correct Answer: B
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Stigma Consulting wants to implement the program management capability to coordinate and track their strategic programs.
Which three components are required to configure the program options as part of implementing the program management capability? (Choose three.)
Correct Answer: A,D,E
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Which step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment?
Correct Answer: E
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When scheduling the Update Project Performance Data process to run on a periodic basis, which summarization method would you select? (Choose the best answer.)
Correct Answer: C
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