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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for abillable 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
DraftInvoice 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) As Incurred
B) Percent Complete
C) Rate Based
D) Amount Based

2. Whichthreefile-based data imports are available for use in Oracle Project Portfolio Management Cloud?

A) Project Templates
B) Project Budgets
C) Project Tasks
D) Project Billing Events

3. Whichtwoattributes are available while enabling a task as a business object for social networking?

A) Creation Date
B) Task
C) Task Number
D) Project
E) Project Number

4. Youare implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-chargetransactions happen between business units within the same legal entity.Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choosetwo.)

A) A document entry such asstraight time must be enabledfor cross-charge transactions.
B) Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
C) Transfer price basis must beRaw Costand calculation method must beBasis Only.
D) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.

5. Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these classcategories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

A) Class categories should be assigned to business unit.
B) Class codesshould beassociated
C) Class codes should be assigned to project unit.
D) Class categoriesshould beassignedtoproject type.

Solutions: