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Oracle 1Z0-1057-21 real answers - Oracle Project Management Cloud 2021 Implementation Essentials

1Z0-1057-21
  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Aug 10, 2026
  • Q & A: 93 Questions and Answers
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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Security and Implementation Tools- Implementation Utilities
  • 1. Functional Setup Manager
  • 2. Setup Data Migration
  • 3. Rapid Implementation Spreadsheets
- Security Configuration
  • 1. Data Access Security
  • 2. Project Roles
Project Billing and Revenue Management- Contract and Billing Setup
  • 1. Billing Events
  • 2. Revenue Recognition
  • 3. Invoice Generation
Project Financial Management Setup- Project Types and Templates
  • 1. Project Statuses
  • 2. Project Roles
  • 3. Project Classes
- Financial Structures
  • 1. Expenditure Types
  • 2. Transaction Sources
  • 3. Expenditure Categories
Project Cost Management- Cost Collection and Processing
  • 1. Expense Management Integration
  • 2. Supplier Cost Processing
  • 3. Cost Transactions
- Cross-Charge Processing
  • 1. Transfer Pricing
  • 2. Borrowed and Lent Transactions
Project Foundation Setup- Project Units
  • 1. Business Units
  • 2. Reference Data Sets
  • 3. Implementation Options
Resource Management- Resource Structures
  • 1. Resource Requests
  • 2. Resource Calendars
  • 3. Project Staffing
Project Execution Management- Project Planning
  • 1. Task Management
  • 2. Work Plans
  • 3. Resource Assignments
- Project Control
  • 1. Budgets
  • 2. Performance Reporting
  • 3. Forecasts

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. 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) only one labor resource assignment with 100 effort
B) percent work complete values of 0 or 100 percent
C) lowest-level tasks set up with non-zero duration
D) lowest-level tasks set up with zero duration
E) only one labor resource assignment with 0 effort


2. You create a project schedulewith a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)

A) Time Off
B) Expenditure Type
C) Accounting Calendar
D) Workday Patterns
E) Exceptions


3. You configure one OTBI using Project Cross Subject Area AnalysisReal Time. You notice that all measures (Budget, Forecast, Cost, Commitments, Revenue, and Invoice) are not available for Bill-To-Customer and Contract and Contract Line dimensions. Identify the reason for this behavior. (Choose the best answer.)

A) TheBill-To-Customer dimension applies only to Invoice measures, but the Contract and Contract Line dimensions do not apply to Revenue and Invoice measures.
B) The Bill-To-Customer dimension applies to Invoice measures, and the Contract and Contract Line dimensions apply to Revenue and Invoice measures.
C) The Bill-To-Customer dimension does not apply toInvoice measures, but the Contract and Contract Line dimensions apply only to Revenue and Invoice measures.
D) The Contract andContract Line dimensions apply only to Invoice measures.
E) The Bill-To-Customer dimension applies only to Revenue and Invoice measures.


4. You are now the project manager of a newly created implementation project. Which two items arenotpart of managing an implementation project?

A) Generate a list of setup tasks.
B) Enable optional functional areas and features by opting in.
C) Select the offering you want to implement.
D) Monitor the progress of completing setup tasks.
E) Assign tasks to various users who are responsible for managing setup data.


5. Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China andadded a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)

A) The application role relevant to the China business unit is not assigned to the project accountant.
B) The China business unit is associated with a different legal entity than the US and UK business units.
C) The US and UK business units are linked to different ledgers than the China business unit.
D) The project accountant isnot assignedto the external rolethat grants access to the China business unit.


Solutions:

Question # 1
Answer: B,D,E
Question # 2
Answer: D,E
Question # 3
Answer: B
Question # 4
Answer: A,E
Question # 5
Answer: D

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