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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your organization has been awarded a new contract based on which you are allowedto sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A) Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".
B) Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
C) Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based
D) Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".

2. In a Project Draft Invoice preview, quantity (hours) andunit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantityof 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

A) The project sendsonly the invoice header and invoice line description to Receivables, not the invoice distributions.
B) The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.
C) The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
D) The project sends only the invoice header to Receivables, not the invoice line description and distributions.

3. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
AssociatedProject Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A) USD 184
B) USD 70
C) USD 120
D) USD 134

4. 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 same as the original invoice date.
B) Project accounting date is the last day of the open project accounting period.
C) Project accounting date is the first day of the first open project accountingperiod.
D) Accounting date is the first day of the first open accounting period.
E) Accounting date is the same as the original invoice date.

5. Which application generates external roles to grant both function and data security? (Choose the best answer
.)

A) Oracle Identity Manager
B) Authorization Policy Manager
C) Business Process Manager
D) Functional Setup Manager

Solutions: