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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Identify the valid approval group type applicable to Oracle Project Financial Management Cloud. (Choose the best answer.)

A) Flexfield
B) Static
C) Position
D) Dynamic
E) Job

2. 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) expenditure items
B) billing events
C) billing controls
D) invoice method
E) bill plan

3. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. ( Choose two)

A) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
B) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
C) Use the predefined S-Curve spread with small deviations on the spread points.
D) Use the predefined Bell Curve spread with small deviations on the spread points.

4. While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

A) project unit
B) project organization
C) project classification
D) project type

5. While opening an organization tree on the Manage OrganizationTrees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. ( Choose two.)

A) You usedCreate Treein the action menu.
B) You used Create Tree Version in the action menu.
C) You opened the hierarchy by clicking the name.
D) You used View Tree Version in the action menu.
E) You selected theEdit iconfor opening the hierarchy.

Solutions: