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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Integration and Configuration | - Integration with Oracle Financials Cloud - Integration with Oracle HCM Cloud |
| Topic 2: Project Financial Management | - Cost Management and Control - Revenue Recognition Basics - Budgeting and Forecasting |
| Topic 3: Security and Data Access | - Project Security Configuration - Role-Based Access Control |
| Topic 4: Reporting and Analytics | - Project Performance Reporting - OTBI and Dashboard Usage |
| Topic 5: Project Management Cloud Setup and Configuration | - Project Types and Templates Configuration - Enterprise Project Structure (EPS) and Project Setup |
| Topic 6: Project Execution and Control | - Resource Assignment and Utilization - Progress Tracking and Reporting - Task Management and Scheduling |
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
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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. Rate Based
- B. As Incurred
- C. Amount Based
- D. Percent Complete
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You are now the project manager of a newly created implementation project. Which two items arenotpart of managing an implementation project?
- A. Enable optional functional areas and features by opting in.
- B. Select the offering you want to implement.
- C. Generate a list of setup tasks.
- D. Assign tasks to various users who are responsible for managing setup data.
- E. Monitor the progress of completing setup tasks.
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. TheBill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
- B. The Bill-To-Customer dimension applies only to Revenue and Invoice measures.
- C. The Contract andContract Line dimensions apply only to Invoice measures.
- D. The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
- E. The Bill-To-Customer dimension does not apply toInvoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.
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Which two statements are true about the cross-charge method, Borrowed and Lent?
- A. This method creates a formal internal invoice.
- B. Costs or revenue are shared based on transfer price rules with this method.
- C. You must set up the contract business unit to use this method.
- D. This method creates accounting entries that move an amount equal to the transfer price between theprovider and receiver organizations within a legal entity.
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Jay -
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