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

Oracle 1Z0-1057-21 test insides dumps
  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Aug 19, 2026
  • Q & A: 93 Questions and Answers
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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Project Execution Management- Project Control
  • 1. Forecasts
  • 2. Budgets
  • 3. Performance Reporting
- Project Planning
  • 1. Task Management
  • 2. Work Plans
  • 3. Resource Assignments
Topic 2: Project Cost Management- Cross-Charge Processing
  • 1. Transfer Pricing
  • 2. Borrowed and Lent Transactions
- Cost Collection and Processing
  • 1. Expense Management Integration
  • 2. Supplier Cost Processing
  • 3. Cost Transactions
Topic 3: Project Financial Management Setup- Financial Structures
  • 1. Transaction Sources
  • 2. Expenditure Types
  • 3. Expenditure Categories
- Project Types and Templates
  • 1. Project Roles
  • 2. Project Classes
  • 3. Project Statuses
Topic 4: Resource Management- Resource Structures
  • 1. Resource Calendars
  • 2. Project Staffing
  • 3. Resource Requests
Topic 5: Project Foundation Setup- Project Units
  • 1. Reference Data Sets
  • 2. Business Units
  • 3. Implementation Options
Topic 6: Project Billing and Revenue Management- Contract and Billing Setup
  • 1. Revenue Recognition
  • 2. Invoice Generation
  • 3. Billing Events
Topic 7: Security and Implementation Tools- Security Configuration
  • 1. Project Roles
  • 2. Data Access Security
- Implementation Utilities
  • 1. Setup Data Migration
  • 2. Rapid Implementation Spreadsheets
  • 3. Functional Setup Manager

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Whichtwoattributes are available while enabling a task as a business object for social networking?

A) Task
B) Project Number
C) Task Number
D) Project
E) Creation Date


2. After completing setups in a source environment, your customer wants to move the setup data to a target environment. Identify the two statements related to task listscope, which you must consider before taking a decision based on the customer requirement. (Choose two.)

A) A task list can besegmented by a scope valueand a task can be performed for each qualifying value of the selected object.
B) Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.
C) A scope value is used to assign users who can perform a task within an implementation project.
D) Exported setup data can befiltered by specific scope valuesif the business object has scope enabled for the setup data export.


3. Your client uses Resource Breakdown Structures (RBS) and Resource Mapping to associate amounts to resources. After making some changes to the resources at project level, forecasts are regenerated. After reviewing the cost amounts associated with the resources, you suspect that the cost association does not match your client's expectations. Identify two valid rules based on which cost association works. (Choose two.)

A) If there is only one level in RBS to which the transaction maps, the cost amounts are mapped to that level.
B) If the sum of precedence numbers is the same for more than one branch, precedence is given to the branch with thelowest number at the lowest level.
C) If a transaction maps to more than one level, Oracle PPMCloud sums the precedence numbers for all resource type in the branch and gives precedence to the resource element in the branch with the highest sum.
D) If one branch contains a user-defined resource type, precedence is given to the branch that contains a user-defined resource type.


4. Whichthreeare part of using the Rapid Implementation for Project Financial Management Applications macro-enabled Microsoft Excel spreadsheet to enter setup data?

A) Generate CSV files.
B) Import Projects.
C) Prepare setup data.
D) Upload setup data.
E) File Importand Export.


5. A consulting services company is currently working on a businesstransformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of theperiod, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)

A) Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
B) Dr Accounts Receivables 40,000Cr Revenue 40,000
C) Dr Unearned Revenue 40,000Cr Revenue 40,000
D) Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000


Solutions:

Question # 1
Answer: B,C
Question # 2
Answer: A,D
Question # 3
Answer: A,B
Question # 4
Answer: A,C,D
Question # 5
Answer: A

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