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

2. Your customer wants a team member who is assigned to a project to beable to create and submit a forecast, butnot to be able to approve the forecast. What is the default project rolethat you should assign to the person in the project to meet this requirement? (Choose the best answer.)

A) Project Administrator
B) Project Application Administrator
C) Project Manager
D) Project Accountant

3. You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Portfolio Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want todefine deliverables for your project requirementsthat are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works. Identify the two correct statements in this respect. (Choose two.)

A) A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
B) The association of a deliverable with a task is dependent on associating a requirement with a task.
C) Youassociate a deliverable with a task, independent of associating a requirement with a task.
D) A deliverable associated with a requirement is automatically associated with the tasks createdfor that requirement.

4. Which three tools are available for accessing REST APIs?

A) Web Browser
B) cURL
C) Oracle Transactional Business Intelligence
D) Programming Language

5. 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 sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.
B) The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
C) The project sendsonly the invoice header and invoice line description to Receivables, not the invoice distributions.
D) The project sends only the invoice header to Receivables, not the invoice line description and distributions.

Solutions: