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Updated: Oct 11, 2026
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Oracle 1Z0-1057-23 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Project Management Cloud 2023 Implementation Professional |
| Exam Number: | 1Z0-1057-23 |
| Certificate Validity Period: | 18 months |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Real Exam Qty: | 50 |
| Passing Score: | 68% |
| Exam Price: | $245 USD |
| Related Certifications: | Oracle Project Management Cloud Implementation Professional |
| Exam Format: | Multiple Choice |
| Recommended Training: | Become a Certified Project Management Cloud Implementer |
| Exam Registration: | Oracle University Pearson VUE |
| Sample Questions: | Oracle 1Z0-1057-23 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No formal prerequisites; recommended hands-on experience with Oracle Project Management Cloud |
| Official Syllabus URL: | https://education.oracle.com/oracle-project-management-cloud-2023-implementation-professional/pexam_1Z0-1057-23 |
Oracle 1Z0-1057-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Functional Setup Manager and Implementation | 10% | - Configure and manage implementation projects - Use Rapid Implementation Workbook |
| Topic 2: Project Planning, Control and Forecasting | 15% | - Manage project schedules and progress - Define project budgets and forecasts - Set up project controls and performance tracking |
| Topic 3: Project Costing | 20% | - Set up budgetary controls and cost controls - Configure cost collection, allocations, burdening - Integrate with Time and Labor |
| Topic 4: Program Management and Reporting | 10% | - Set up programs and hierarchies - Configure project performance reporting and KPIs |
| Topic 5: Project Management Cloud Overview and Common Configuration | 15% | - Manage security, roles, duties and user experience - Set up calendars, periods, rate schedules, transaction sources - Configure enterprise settings, reference data sharing - Describe architecture and components |
| Topic 6: Project Billing and Revenue Management | 20% | - Set up revenue recognition and invoicing - Configure cross-charging, transfer pricing - Manage contract billing and revenue accounting |
| Topic 7: Resource Management | 10% | - Configure enterprise resource setup - Manage resource allocation and utilization |
Oracle Project Management Cloud 2023 Implementation Professional Sample Questions:
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. General Ledger
- B. Subledger Accounting
- C. Project Foundation
- D. Project Costing
Correct Answer: A 🗳️
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem.
- A. Pending burden summarization items have not been processed.
- B. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
- C. The corresponding Oracle Payables Cloud accounting period has not been closed.
- D. Unaccounted transactions have not been swept to the next period.
- E. Unaccounted transactions are not imported.
Correct Answer: B 🗳️
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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?
- A. Expenditure Type
- B. Top resource
- C. Project
- D. Expenditure Category
- E. Task
Correct Answer: A 🗳️
Explanation: Only visible for Exam-Killer members. You can sign-up / login (it's free).
You have closed the project accounting period with a warning, but you are unable to close the accounting period due to an error. Identify two reasons for this problem.
Response:
- A. Pending burden summarization items have not been processed.
- B. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
- C. The corresponding Oracle Payables Cloud accounting period has not been closed.
- D. Unaccounted transactions have not been swept to the next period.
- E. Unaccounted transactions are not imported.
Correct Answer: A,D 🗳️
Which two statements are true about the cross-charge method, Borrowed and Lent?
- A. Costs or revenue are shared based on transfer price rules with this method.
- B. This method creates accounting entries that move an amount equal to the transfer price between the provider and receiver organizations within a legal entity.
- C. You must set up the contract business unit to use this method.
- D. This method creates a formal internal invoice.
Correct Answer: B 🗳️
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