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 |
|---|---|
| Topic 1: Project Financial Management Setup | - Project Types and Templates
|
| Topic 2: Project Foundation Setup | - Project Units
|
| Topic 3: Security and Implementation Tools | - Security Configuration
|
| Topic 4: Project Execution Management | - Project Control
|
| Topic 5: Project Cost Management | - Cross-Charge Processing
|
| Topic 6: Project Billing and Revenue Management | - Contract and Billing Setup
|
| Topic 7: Resource Management | - Resource Structures
|
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
Your customer has separate organizationsto maintain indirect, capital, and billing types of projects.
Identify the two setups that can be used to fulfill this requirement. (Choose two.)
- A. Business Unit
- B. Organization Tree
- C. Project Organization Classification
- D. Project Type
- E. Project Accounting Business Function
Correct Answer: B,C 🗳️
Explanation: Only visible for iPassleader members. You can sign-up / login (it's free).
As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resourcesprocess to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers. (Choose the best answer.)
- A. Person Type
- B. attributes that the project enterprise resources are assigned after creation
- C. Pool Membership
- D. Jobs
Correct Answer: A 🗳️
Explanation: Only visible for iPassleader members. You can sign-up / login (it's free).
You have closed theproject accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem. (Choose two.)
- A. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
- B. Unaccounted transactions have not been swept to the next period.
- C. Unaccounted transactions are notimported.
- D. Pending burden summarization items have not been processed.
- E. The corresponding Oracle Payables Cloud accounting period has not been closed.
Correct Answer: A,B 🗳️
Explanation: Only visible for iPassleader members. You can sign-up / login (it's free).
While opening an organization tree on the Manage OrganizationTrees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. ( Choose two.)
- A. You used View Tree Version in the action menu.
- B. You opened the hierarchy by clicking the name.
- C. You used Create Tree Version in the action menu.
- D. You selected theEdit iconfor opening the hierarchy.
- E. You usedCreate Treein the action menu.
Correct Answer: D,E 🗳️
When scheduling the Update Project Performance Data process to run on a periodic basis, whichsummarization method would you select? (
- A. Detail
- B. Summary
- C. Incremental
- D. Bulk
Correct Answer: C 🗳️
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