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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analytics | - OTBI and Dashboard Usage - Project Performance Reporting |
| Topic 2: Integration and Configuration | - Integration with Oracle HCM Cloud - Integration with Oracle Financials Cloud |
| Topic 3: Project Management Cloud Setup and Configuration | - Project Types and Templates Configuration - Enterprise Project Structure (EPS) and Project Setup |
| Topic 4: Project Execution and Control | - Resource Assignment and Utilization - Progress Tracking and Reporting - Task Management and Scheduling |
| Topic 5: Project Financial Management | - Revenue Recognition Basics - Budgeting and Forecasting - Cost Management and Control |
| Topic 6: Security and Data Access | - Project Security Configuration - Role-Based Access Control |
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) Job
B) Position
C) Static
D) Dynamic
E) Flexfield
2. Identifythethreecontract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three
A) Task
B) Contract Header
C) Projects
D) Expenditure Type
E) Contract Line
3. 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) billing events
B) bill plan
C) billing controls
D) invoice method
E) expenditure items
4. You havedefined two expenditure types, but they are not available for selection when youenter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)
A) The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
B) The two expenditure types are not assigned to the reference data set that is assigned to theproject unitin which the transaction is performed.
C) The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.
D) The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
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) Two invoices are created using the same contract.
B) Bill set number drives the grouping of transactions.
C) Both the contract lines create only a single invoice because they are using the same contract.
D) Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C,E | Question # 3 Answer: B,C | Question # 4 Answer: B | Question # 5 Answer: A,B |
