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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Project Billing and Revenue Management | - Contract and Billing Setup
|
| Project Foundation Setup | - Project Units
|
| Security and Implementation Tools | - Implementation Utilities
|
| Project Execution Management | - Project Control
|
| Resource Management | - Resource Structures
|
| Project Cost Management | - Cost Collection and Processing
|
| Project Financial Management Setup | - Project Types and Templates
|
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
Your customer has the following setups onthe project plan type that they are using for their projects:
Use Task Planned Dates as Task Assignment Dates = Yes
Automatically Roll Up Task Planned Dates = Yes
Synchronize Task Transaction Dates with Planned Dates = No
With these setups in place, youperform the following actions:
1. Create a new subtask (Sub Task 1) with a start date of 15-Jun-2016 on the project that has as start date of
01-Jul-2016.
2. Create another new subtask (Sub Task 2) after the previous action is saved.
What would thecorrect behavior of the application be after these actions? (Choose the best answer.)
- A. Project Start Date would remain unchanged as 01-Jul-2016 for both actions but the start dates on both subtasks would remain 15-Jun-2016.
- B. After the creation andsaving of Sub Task 1, Task Start Date would be changed to 01-Jul-2016 and Sub Task 2 would be created with 01-Jul-2016.
- C. After the creation of Sub Task 1, Project Start Date would remain unchanged as 01-Jul-2016 and Sub Task 2 would be created with 15-Jun-2016.
- D. After the creation of Sub Task 1, Project Start Date would be changed to 15-Jun-2016 and Sub Task 2 would be created with 15-Jun-2016.
Correct Answer: D 🗳️
Explanation: Only visible for VCEDumps members. You can sign-up / login (it's free).
You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)
- A. Accounting Calendar
- B. Time Off
- C. Expenditure Type
- D. Exceptions
- E. Workday Patterns
Correct Answer: D,E 🗳️
Explanation: Only visible for VCEDumps members. You can sign-up / login (it's free).
Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types.
Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)
- A. Create arevenue method with a revenue method classification of Rate Based.
- B. Create a revenue method classification with a revenue method of Percent Complete.
- C. Create a revenue method with a revenue method classification of Amount Based.
- D. Create a revenue method classification with a revenue method of Percent Spent.
Correct Answer: A 🗳️
You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for abillable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
DraftInvoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)
- A. As Incurred
- B. Amount Based
- C. Rate Based
- D. Percent Complete
Correct Answer: B 🗳️
Explanation: Only visible for VCEDumps members. You can sign-up / login (it's free).
Identifythethreecontract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three
- A. Task
- B. Contract Header
- C. Projects
- D. Expenditure Type
- E. Contract Line
Correct Answer: A,C,E 🗳️
Explanation: Only visible for VCEDumps members. You can sign-up / login (it's free).
