Oracle 1Z0-1057-21

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your organization has been awarded a new contract based on which you are allowedto sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A) Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".
B) Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based
C) Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".
D) Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".

2. Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these classcategories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

A) Class categoriesshould beassignedtoproject type.
B) Class codes should be assigned to project unit.
C) Class codesshould beassociated
D) Class categories should be assigned to business unit.

3. Which two privileges are assigned to the Project Plan Management duty in Security Reference Implementation? (Choose two.)

A) Transfer Project
B) Allocate Project Expense
C) View Project Progress
D) ManageProject Plan Resource Assignment

4. You are implementing Project Portfolio Management (PPM) for a professional services firm. The firm rents multiple buildings for its operations. At the end of each month, they reviewthe rent expense for the month and want to allocate the rental cost to all the projects and tasks that are executed by associates in each of the buildings. The source amounts must be proportionally allocated to the tasks based on the raw costs of the tasks from the previous month. Considering that all these costs are in General Ledger, what three allocation setups should you complete in PPM? (Choose three.)

A) Allocate to all eligible tasks and prorate the allocation by thetotal actual raw costaccrued for each task during theprevious accounting period.
B) Define allocationbasis by using Actual Amounts with aperiod-to-date amount class.
C) Allocate rental costs once each accounting period by using the "spread evenly" allocation method.
D) Define allocation basis by using Actual Amounts with a project-to-date amount class.
E) Allocate rental costs once each accounting period by using the"full" allocation method.

5. Select two correct statements about project classifications on a template. (Choose two.)

A) Set Code isnotrequired for a project class category in a project classification.
B) Project class category in a project classification must be associated with a Set Code.
C) Project Classification is a mandatory field on a project template.
D) When a project is created from a template, the required project classifications must be entered.

Solutions: