Oracle Project Management Cloud 2021 Implementation Essentials : 1Z0-1057-21

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Yourcustomer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

A) Accounting Periods
B) Calendar Types
C) PA Calendar
D) PA-GL Periods
E) Project Accounting Periods

2. Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocateto various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)

A) spread evenly
B) prorate
C) target percentage and spread evenly
D) target percentage and prorate

3. Whichthreefile-based data imports are available for use in Oracle Project Portfolio Management Cloud?

A) Project Billing Events
B) Project Templates
C) Project Budgets
D) Project Tasks

4. You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A) Project Team Member- Security based on Project Assignment
B) Project Billing Specialist- Security based on Contract BU
C) Project Executive- Security basedon Project Hierarchy
D) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
E) Project Manager- Security based on Project Assignment

5. 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) 900
B) 800
C) 600
D) 1000

Solutions: