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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Project Financial Management | - Budgeting and Forecasting - Cost Management and Control - Revenue Recognition Basics |
| Topic 2: Security and Data Access | - Project Security Configuration - Role-Based Access Control |
| Topic 3: Project Execution and Control | - Resource Assignment and Utilization - Progress Tracking and Reporting - Task Management and Scheduling |
| Topic 4: Reporting and Analytics | - OTBI and Dashboard Usage - Project Performance Reporting |
| Topic 5: Integration and Configuration | - Integration with Oracle Financials Cloud - Integration with Oracle HCM Cloud |
| Topic 6: Project Management Cloud Setup and Configuration | - Project Types and Templates Configuration - Enterprise Project Structure (EPS) and Project Setup |
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
1. Whichfivesteps are required for the File-Based Data Import Integration option?
A) Import data into various applications.
B) Upload the file to the server.
C) Install an Excel add-in.
D) Run Process to transfer data to interface tables.
E) Populate the spreadsheet with data and generate a CSV file.
F) Download an Excel template.
2. 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 Unearned Revenue 40,000Cr Accounts Receivables 40,000
B) Dr Accounts Receivables 40,000Cr Revenue 40,000
C) Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
D) Dr Unearned Revenue 40,000Cr Revenue 40,000
3. Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)
A) View Project Progress
B) ManageProject Plan Resource Assignment
C) Transfer Project
D) Allocate Project Expense
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 Billing Specialist- Security based on Contract BU
B) Project Team Member- Security based on Project Assignment
C) Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
D) Project Executive- Security basedon Project Hierarchy
E) Project Manager- Security based on Project Assignment
5. You recently made some changes to a project contract and the current status of the contract is Under Amendment. Identify the correct sequence of activities that can take place on that contract. (Choose the best answer.)
A) OnHold > Pending Acceptance > Active
B) Pending Approval > Pending Acceptance > Active
C) On Hold > Pending Approval > Active
D) Pending Acceptance > Pending Approval > Active
Solutions:
| Question # 1 Answer: B,C,D,E,F | Question # 2 Answer: C | Question # 3 Answer: A,B | Question # 4 Answer: B,E | Question # 5 Answer: B |






