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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. 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 Unearned Revenue 40,000Cr Accounts Receivables 40,000
C) Dr Accounts Receivables 40,000Cr Revenue 40,000
D) Dr Unearned Revenue 40,000Cr Revenue 40,000

2. Whichfivesteps are required for the File-Based Data Import Integration option?

A) Download an Excel template.
B) Upload the file to the server.
C) Run Process to transfer data to interface tables.
D) Install an Excel add-in.
E) Populate the spreadsheet with data and generate a CSV file.
F) Import data into various applications.

3. You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)

A) The quality manager belongs to a department that is not associated with the project.
B) The "Require Task Managers to be Project Team Members" profile option is set to Yes.
C) The "Require Task Managers to be Project Team Members" profile option is set to No.
D) The quality manager is not assigned with a supervisor.

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

5. Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

A) Payables
B) Purchasing
C) Fixed Asset
D) Receipt Accounting

Solutions: