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Oracle 1Z0-1057-21

1Z0-1057-21

Exam Code: 1Z0-1057-21

Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials

Updated: Aug 09, 2026

Q & A: 93 Questions and Answers

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configure Project Foundation
Topic 2: Functional Setup Manager
Topic 3: Configure Project Performance Reporting
Topic 4: Configure Project Resource Management
Topic 5: Common Project Configuration
Topic 6: Project Management Overview
Topic 7: Applications Security Overview
Topic 8: Configure Project Billing
Topic 9: Configure Project Management
Topic 10: Configure Project Control
Topic 11: Navigation, User Experience, Personalization and Approvals
Topic 12: Configure Project Costing

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

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


2. Which two statements are true about the cross-charge method, Borrowed and Lent?

A) This method creates a formal internal invoice.
B) Costs or revenue are shared based on transfer price rules with this method.
C) You must set up the contract business unit to use this method.
D) This method creates accounting entries that move an amount equal to the transfer price between theprovider and receiver organizations within a legal entity.


3. Which application would you use to map application roles to external roles? (Choose the best answer.)

A) Authorization Policy Manager
B) Security Console
C) Oracle Identify Manager
D) BPM Work List


4. Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

A) Enable track missing time at project type.
B) Enable track missing time atbusiness unit.
C) Enable track missing time at project template.
D) Enable track missing time at


5. While opening an organization tree on the Manage OrganizationTrees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. ( Choose two.)

A) You used Create Tree Version in the action menu.
B) You selected theEdit iconfor opening the hierarchy.
C) You opened the hierarchy by clicking the name.
D) You used View Tree Version in the action menu.
E) You usedCreate Treein the action menu.


Solutions:

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

1Z0-1057-21 Related Exams
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1z0-1057-20 - Oracle Project Management Cloud 2020 Implementation Essentials
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