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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Project Cost Management | - Cost Collection and Processing
|
| Project Foundation Setup | - Project Units
|
| Security and Implementation Tools | - Security Configuration
|
| Project Financial Management Setup | - Financial Structures
|
| Project Billing and Revenue Management | - Contract and Billing Setup
|
| Project Execution Management | - Project Planning
|
| Resource Management | - Resource Structures
|
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
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. 600
- B. 800
- C. 1000
- D. 900
You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)
- A. The quality manager belongs to a department that is not associated with the project.
- B. The "Require Task Managers to be Project Team Members" profile option is set to Yes.
- C. The quality manager is not assigned with a supervisor.
- D. The "Require Task Managers to be Project Team Members" profile option is set to No.
Explanation: Only visible for TestPassKing 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 billing
- B. Contract Team Connect
- C. Project Contract Collection Center
- D. Project Contract-based costing
Explanation: Only visible for TestPassKing members. You can sign-up / login (it's free).
Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement. (Choose two.)
- A. bill plan
- B. billing events
- C. expenditure items
- D. billing controls
- E. invoice method
Explanation: Only visible for TestPassKing members. You can sign-up / login (it's free).
Your customerhas different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates willbe populated in such invoices? (Choose two.)
- A. Project accounting date is the last day of the open project accounting period.
- B. Project accounting date is the first day of the first open project accountingperiod.
- C. Accounting date is the same as the original invoice date.
- D. Project accounting date is the same as the original invoice date.
- E. Accounting date is the first day of the first open accounting period.
