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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question 1

You have closed theproject accounting period with a warning, but you are unable to close the accounting period due to an error.
Identify two reasons for this problem. (Choose two.)

A. Unaccounted transactions are notimported.
B. Unaccounted transactions have not been swept to the next period.
C. Transactions entered in an integrated Oracle Cloud Application are accounted, but not yet transferred and imported into Oracle Project Portfolio Management Cloud.
D. Pending burden summarization items have not been processed.
E. The corresponding Oracle Payables Cloud accounting period has not been closed.

Question 2

Yourcustomer wants to see how quantity, cost, and revenue amounts are automatically distributed by using Spread Curve. Identify two period options that are available for this purpose. (Choose two.)

A. Accounting Periods
B. Calendar Types
C. PA-GL Periods
D. PA Calendar
E. Project Accounting Periods

Question 3

Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost andActual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

A. Effort
B. Cost
C. Manual Entry
D. Remaining Plan

Question 4

Your customer has a requirement toimport and process third-party transactions that are "costed" and
"accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)

A. Document Options
B. Document Entry Options
C. Transaction Source Options
D. Import Options

Question 5

You want tocreate a few project roles so as to restrict accessin the Project Financial Management work area to only the specific projects in which an employee is assigned as a team member. What are the two default project roles available to meet this requirement? (

A. Project Team Member- Security based on Project Assignment
B. Project Accountant- Security based on BU for Assets, Expenditure BU for Costs and Contract BU for Revenue
C. Project Billing Specialist- Security based on Contract BU
D. Project Manager- Security based on Project Assignment
E. Project Executive- Security basedon Project Hierarchy

Solutions: