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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analytics | - Project Performance Reporting - OTBI and Dashboard Usage |
| Topic 2: Project Financial Management | - Cost Management and Control - Revenue Recognition Basics - Budgeting and Forecasting |
| Topic 3: Integration and Configuration | - Integration with Oracle Financials Cloud - Integration with Oracle HCM Cloud |
| Topic 4: Security and Data Access | - Role-Based Access Control - Project Security Configuration |
| Topic 5: Project Execution and Control | - Resource Assignment and Utilization - Progress Tracking and Reporting - Task Management and Scheduling |
| Topic 6: Project Management Cloud Setup and Configuration | - Enterprise Project Structure (EPS) and Project Setup - Project Types and Templates Configuration |
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
What are three configuration items that you need to set up by using the Project Organizationsfunctional area in Project Financial Management configurations? (Choose three.)
- A. Manage Project Unit Organizations
- B. Manage Project Unit Options
- C. Mange Project Types
- D. Mange Business Unit
- E. Manage Project Organization Classifications
Correct Answer: A,B,E 🗳️
Explanation: Only visible for Dumps4PDF members. You can sign-up / login (it's free).
Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)
- A. Project Contract-based costing
- B. Contract Team Connect
- C. Project Contract Collection Center
- D. Project Contract-based billing
Correct Answer: D 🗳️
Explanation: Only visible for Dumps4PDF members. You can sign-up / login (it's free).
You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contractLine 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task
30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)
- A. Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
- B. Two invoices are created using the same contract.
- C. Both the contract lines create only a single invoice because they are using the same contract.
- D. Bill set number drives the grouping of transactions.
Correct Answer: B,D 🗳️
Explanation: Only visible for Dumps4PDF members. You can sign-up / login (it's free).
Identifythethreecontract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three
- A. Expenditure Type
- B. Contract Header
- C. Task
- D. Projects
- E. Contract Line
Correct Answer: C,D,E 🗳️
Explanation: Only visible for Dumps4PDF 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 application role relevant to the China business unit is not assigned to the project accountant.
- B. The China business unit is associated with a different legal entity than the US and UK business units.
- C. The project accountant isnot assignedto the external rolethat grants access to the China business unit.
- D. The US and UK business units are linked to different ledgers than the China business unit.
Correct Answer: C 🗳️
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