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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. You are trying to create a project purchase order (PO) but you are unable to select Expenditure Organization in the PO. Identify two reasons for this problem. (Choose two.)

A) The organization isnot included inthe organization treethat is assigned to the business unit that owns the PO.
B) The organization isnot classified as a project expenditure organization.
C) The organization is classified as a project unit.
D) The organization is notclassified as a project-owning organization.

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

A) Project class category in a project classification must be associated with a Set Code.
B) Set Code isnotrequired for a project class category in a project classification.
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.

3. In your customer site, the capitalized interest calculation is implemented on their project types. Which option represents the costs considered in the interest calculation? (Choose the best answer.)

A) expenditure items whose cost spreads across multiple assets that are capitalized
B) common costs on the project/task
C) expenditure type exclusions on the Capitalized Interest rate schedules
D) expenditure items whose costs are applied to a single asset or multiple assets
E) expenditure type exclusions on the Capitalized Interest rate name

4. As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter. Identify the reason for this problem. (Choose the best answer.)

A) Only new expenditure items charged to the task use the new burden schedule; expenditure itemsprocessed earlier cannot be reprocessed.
B) All expenditure items charged to the task use the new burden schedule.
C) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
D) You can enable automatic reprocessing of expenditureitems processed before the burden schedule change.

5. Your customer wants to generate accounting based on project information associated with the transaction for all subledger transactions. Identify three subledger applications for which the project source is available for deriving accounts when configuring subledger accounting. (Choose three.)

A) Receipt Accounting
B) Fixed Asset
C) Payables
D) Purchasing

Solutions: