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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Project Execution Management | - Project Control
|
| Project Financial Management Setup | - Financial Structures
|
| Project Billing and Revenue Management | - Contract and Billing Setup
|
| Security and Implementation Tools | - Security Configuration
|
| Resource Management | - Resource Structures
|
| Project Foundation Setup | - Project Units
|
| Project Cost Management | - Cross-Charge Processing
|
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
1. You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)
A) Time Off
B) Exceptions
C) Accounting Calendar
D) Expenditure Type
E) Workday Patterns
2. A project administrator is trying toassign a team member for a project but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)
A) The employee is not assigned to the project-owning organization.
B) The employee is not assigned to a department.
C) Theemployee is not assigned with a supervisor.
D) Project roles are not assigned in the project.
3. Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you setup to meet the customer requirement? (Choose the best answer.)
A) assignment to one set only with common values
B) assignment to one set only; no common values allowed
C) assignment to multiple sets; common values allowed
D) assignment to multiple sets; no common values allowed
4. Identify two correct role templates available on the Oracle Entitlement Server to generate roles for Project Organization Security. (Choose two.)
A) Project Creator Template for Project Organization Security
B) Project Manager Template for Project Organization Security
C) Project Administrator Template forProject Organization Security
D) Project Billing Specialist Template for Project Organization Security
E) Project Accountant Template for Project Organization Security
5. 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) Both the contract lines create only a single invoice because they are using the same contract.
B) Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
C) Bill set number drives the grouping of transactions.
D) Two invoices are created using the same contract.
Solutions:
| Question # 1 Answer: B,E | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A,C | Question # 5 Answer: C,D |



