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Exam Code: 1Z0-1057-21
Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Project Financials Management Cloud
Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Project Financials Management Cloud
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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Project Execution Management | - Project Control
|
| Security and Implementation Tools | - Security Configuration
|
| Project Financial Management Setup | - Project Types and Templates
|
| Project Foundation Setup | - Project Units
|
| Resource Management | - Resource Structures
|
| Project Cost Management | - Cost Collection and Processing
|
| Project Billing and Revenue Management | - Contract and Billing Setup
|
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)
- A. Workday Patterns
- B. Accounting Calendar
- C. Time Off
- D. Expenditure Type
- E. Exceptions
Correct Answer: A,E 🗳️
Explanation: Only visible for iPassleader members. You can sign-up / login (it's free).
Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China andadded a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)
- A. The China business unit is associated with a different legal entity than the US and UK business units.
- B. The project accountant isnot assignedto the external rolethat grants access to the China business unit.
- C. The US and UK business units are linked to different ledgers than the China business unit.
- D. The application role relevant to the China business unit is not assigned to the project accountant.
Correct Answer: B 🗳️
You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitmentfor $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)
- A. 900
- B. 800
- C. 600
- D. 1000
Correct Answer: A 🗳️
Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)
- A. Enable track missing time atbusiness unit.
- B. Enable track missing time at project template.
- C. Enable track missing time at
- D. Enable track missing time at project type.
Correct Answer: C 🗳️
Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)
- A. Position
- B. Job
- C. Static
- D. Dynamic
- E. Flexfield
Correct Answer: C 🗳️
Explanation: Only visible for iPassleader members. You can sign-up / login (it's free).
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