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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Integration and Configuration | - Integration with Oracle HCM Cloud - Integration with Oracle Financials Cloud |
| Project Financial Management | - Cost Management and Control - Revenue Recognition Basics - Budgeting and Forecasting |
| Security and Data Access | - Role-Based Access Control - Project Security Configuration |
| Project Management Cloud Setup and Configuration | - Project Types and Templates Configuration - Enterprise Project Structure (EPS) and Project Setup |
| Reporting and Analytics | - Project Performance Reporting - OTBI and Dashboard Usage |
| Project Execution and Control | - Progress Tracking and Reporting - Resource Assignment and Utilization - Task Management and Scheduling |
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
Your customer has a requirement toimport and process third-party transactions that are "costed" and
"accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)
- A. Document Options
- B. Import Options
- C. Document Entry Options
- D. Transaction Source Options
Correct Answer: D 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
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. 1000
- B. 600
- C. 800
- D. 900
Correct Answer: D 🗳️
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. Amount Based
- D. Rate Based
Correct Answer: C 🗳️
Explanation: Only visible for Test4Engine members. You can sign-up / login (it's free).
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 at
- B. Enable track missing time atbusiness unit.
- C. Enable track missing time at project type.
- D. Enable track missing time at project template.
Correct Answer: A 🗳️
Select two correct statements about project classifications on a template. (Choose two.)
- A. Project class category in a project classification must be associated with a Set Code.
- B. Set Code isnotrequired for a project class category in a project classification.
- C. Project Classification is a mandatory field on a project template.
- D. When a project is created from a template, the required project classifications must be entered.
Correct Answer: B,D 🗳️
