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Oracle 1Z0-1057-21 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Configure Project Billing | |
| Configure Project Control | |
| Configure Project Resource Management | |
| Common Project Configuration | |
| Configure Project Management | |
| Project Management Overview | |
| Configure Project Performance Reporting | |
| Configure Project Foundation | |
| Applications Security Overview | |
| Functional Setup Manager | |
| Navigation, User Experience, Personalization and Approvals | |
| Configure Project Costing |
Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:
You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contractLine 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task
30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)
- A. Two invoices are created using the same contract.
- B. Both the contract lines create only a single invoice because they are using the same contract.
- C. Bill set number drives the grouping of transactions.
- D. Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).
When scheduling the Update Project Performance Data process to run on a periodic basis, whichsummarization method would you select? (
- A. Summary
- B. Incremental
- C. Detail
- D. Bulk
Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).
You want to export your project plan to Oracle Project Financial Management Cloud after initial scheduling is complete in MicrosoftProjects. Identify three conditions that must be met forexporting milestone tasks.( Choose three.)
- A. percent work complete values of 0 or 100 percent
- B. lowest-level tasks set up with non-zero duration
- C. lowest-level tasks set up with zero duration
- D. only one labor resource assignment with 0 effort
- E. only one labor resource assignment with 100 effort
Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).
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. 800
- B. 1000
- C. 900
- D. 600
In a Project Draft Invoice preview, quantity (hours) andunit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantityof 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)
- A. The project sendsonly the invoice header and invoice line description to Receivables, not the invoice distributions.
- B. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
- C. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
- D. The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.
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