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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Foundation Setup | - Project Units
|
| Topic 2: Security and Implementation Tools | - Security Configuration
|
| Topic 3: Project Execution Management | - Project Planning
|
| Topic 4: Resource Management | - Resource Structures
|
| Topic 5: Project Financial Management Setup | - Financial Structures
|
| Topic 6: Project Cost Management | - Cost Collection and Processing
|
| Topic 7: Project Billing and Revenue Management | - Contract and Billing Setup
|
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
Yourcustomer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)
- A. Accounting Rule
- B. Mapping Sets
- C. Journal Rules
- D. Supporting References
- E. Accounting Method
Correct Answer: D 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish? (Choose two.)
- A. Enter progress for tasks.
- B. View task details and the task activity stream.
- C. Receive email notifications about changes that team members make to a task.
- D. Edit task details.
Correct Answer: B,C 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
You configure one OTBI using Project Cross Subject Area AnalysisReal Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)
- A. The Bill-To-Customer dimension does not apply toInvoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.
- B. The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
- C. TheBill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
- D. The Contract andContract Line dimensions apply only to Invoice measures.
- E. The Bill-To-Customer dimension applies only to Revenue and Invoice measures.
Correct Answer: B 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
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. Project Organization Classification
- B. Project Accounting Business Function
- C. Project Type
- D. Business Unit
- E. Organization Tree
Correct Answer: A,E 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, theydecide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category "Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)
- A. Funding source class category is not enabled for "available as accountingsource".
- B. Funding source class category is assigned to all project types.
- C. Funding source class category is enabled for "available as accounting source".
- D. Product class category is not enabled for "available as accounting source".
Correct Answer: A 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
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