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Oracle 1z0-1057-25 Exam Syllabus Topics:

Oracle Project Management Cloud 2025 Implementation Professional Sample Questions:

1. 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) Rate Based
B) As Incurred
C) Amount Based
D) Percent Complete

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

3. Which two statements are true about the borrowed and lent cross charge method? (Choose two.)

A) This method allows you to process cross charge transactions across legal entities.
B) You must set up a contract business unit to use this method.
C) Internal Invoice is not generated with this method.
D) This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations

4. Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)

A) Project Accountant Template for Project Organization Security
B) Project Creator Template for Project Organization Security
C) Project Administrator Template for Project Organization Security
D) Project Billing Specialist Template for Project Organization Security
E) Project Manager Template for Project Organization Security

5. Your customer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

A) Project Accounting Periods
B) Calendar Types
C) PA-GL Periods
D) PA Calendar
E) Accounting Periods

Solutions: