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Guide for 1Z0-1057-26: Oracle Project Management Cloud 2026 Implementation Professional

Quiz 1Z0-1057-26: Oracle Project Management Cloud 2026 Implementation Professional

Updated on 2026/09/25

PDF|

Guide for 1Z0-1057-26: Oracle Project Management Cloud 2026 Implementation Professional

Updated on 2026/09/25

Randomized | 10 Questions per Test | 20 Minutes | 70% to pass

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4.7

Quiz

Question 1/101/10

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.)

Select the answer:Select the answer

1 correct answer

Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000

Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000

Dr Accounts Receivables 40,000Cr Revenue 40,000

Dr Unearned Revenue 40,000Cr Revenue 40,000

Quiz

Question 2/102/10

You want to export your project plan to Oracle Project Financial Management Cloud after
initial scheduling is complete in Microsoft Projects. Identify three conditions that must be met for
exporting milestone tasks. ( Choose three.)

Select multiple answer: (Choose 3)Select the answer

3 correct answers

only one labor resource assignment with 100 effort

lowest-level tasks set up with non-zero duration

lowest-level tasks set up with zero duration

only one labor resource assignment with 0 effort

percent work complete values of 0 or 100 percent

Quiz

Question 3/103/10

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.)

Select the answer:Select the answer

1 correct answer

Standard Unit Cost

Actual Unit

Current Cost

Estimated Cost

Spread Evenly

Quiz

Question 4/104/10

Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current
Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with
the ETC method to meet this requirement? (Choose the best answer.)

Select the answer:Select the answer

1 correct answer

Effort

Cost

Manual Entry

Remaining Plan

Quiz

Question 5/105/10

Which five steps are required for the File-Based Data Import Integration option?

Select multiple answer: (Choose 5)Select the answer

5 correct answers

Run Process to transfer data to interface tables.

Install an Excel add-in.

Upload the file to the server.

Download an Excel template.

Populate the spreadsheet with data and generate a CSV file.

Import data into various applications.

Validate the sheet using the Validate option.

Quiz

Question 6/106/10

You have projects and tasks defined with transaction controls, which does not allow certain
types of charges to the project. Your business needs to create invoices in AP with this project every
period and hence would like to make the process easier by creating a distribution set. As you create
the distribution set, you notice that these distribution set lines are not validated against the project
transaction controls and you are allowed to save it without any validation errors. Identify the reason
why the project transaction controls are not applied. (Choose the best answer.)

Select the answer:Select the answer

1 correct answer

There is no expenditure type information available on the distribution set line.

There is no expenditure organization information available on the distribution set line.

There is no expenditure item date information available on the distribution set line.

The account code combination is not available on the distribution set line.

Quiz

Question 7/107/10

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.)

Select the answer:Select the answer

1 correct answer

work type

event type

cost type

expenditure type

Quiz

Question 8/108/10

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)

Select multiple answer: (Choose 2)Select the answer

2 correct answers

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

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

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

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

The correct answers are B and C.
The question describes a specific historical cost spread distribution for a resource class:
0-4-10-11-14-13-10-4-0-0
This is a 10-point spread pattern that is not a standard uniform profile. It has a clear peak in the middle and tapers off toward the beginning and end. In budgeting and forecasting systems, this kind of pattern is typically handled in one of two ways:
1. Create or edit a spread curve to exactly match the distribution and attach it to the resource class
Option B is correct because the spread curve can be defined to match the exact historical pattern and then associated with the resource class that uses that spending behavior. This is the most direct way to reflect actual cost behavior in forecasts and budgets.
2. Use a predefined Bell Curve spread with small deviations
Option C is correct because the given pattern closely resembles a Bell Curve: low values at the beginning and end, with higher values in the middle. Even if it does not match exactly, a Bell Curve is the closest predefined spread type for this kind of distribution.
Why the other options are not correct:
Option A: Attach to a project template
This is not the best fit because the distribution is tied to a specific resource class’s spending pattern, not necessarily to the entire project template. A template is broader and less precise than assigning the curve directly to the resource class.
Option D: Use the predefined S-Curve spread with small deviations
An S-Curve typically starts slowly, increases gradually, and then levels off or slows near the end. That shape does not match the given distribution, which rises and falls symmetrically around the middle. Therefore, it is not the best choice.
Summary:
- B is correct because you can create or modify a spread curve and assign it to the resource class.
- C is correct because the pattern is similar to a Bell Curve, making it a suitable predefined spread option.
If you want, I can also explain how Bell Curve and S-Curve spreads differ visually and conceptually.

Right Answer: B, C

Quiz

Question 9/109/10

Your organization has been awarded a new contract based on which you are allowed to sell:
Items not tracked in inventory
Inventory items
Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

Select the answer:Select the answer

1 correct answer

Create two contract lines with a line type each of “free-form, project-based buy agreement” and “bundle sell, project-based”.

Create two contract lines with a line type each of “sell intent, free-form, project-based” and “sell intent, item, project-based”.

Create two contract lines with a line type each of “product, project-based, sell agreement, standalone” and “sell intent, item, project-based”.

Create two contract lines with a line type each of “sell intent, item, project-based’ and “subscription, project-based, sell”.

Quiz

Question 10/1010/10

Your customer wants a project start date to cascade to the project tasks but does not want
the finish date to be cascaded. Identify the default setup in a project template that can be used to
enable this. (Choose the best answer.)

Select the answer:Select the answer

1 correct answer

Cascade change to the start date.

Do not cascade date changes.

Cascade change to the finish date.

Cascade change to the start date and the finish date.

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Quiz name:1Z0-1057-26: Oracle Project Management Cloud 2026 Implementation Professional
Total number of questions:126
Number of questions for the test:50
Pass score:80%

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