Oracle 1Z0-1057-21 Actual Tests : Oracle Project Management Cloud 2021 Implementation Essentials

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question 1

You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitmentfor $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

A. 600
B. 900
C. 1000
D. 800

Question 2

Identify theattribute of a project typethatdetermines if expenditure items are billable, and theamount type to be used as the basisfor transfer pricing. (Choose the best answer.)

A. cost type
B. expenditure type
C. event type
D. worktype

Question 3

Which two statements describe how the Resource Qualification Score is calculated?

A. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification with a proficiencythat is lower or higher than specified.
B. An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.
C. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource has the qualification that meets the specified proficiency.
D. An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have thequalification.

Question 4

In a Project Draft Invoice preview, quantity (hours) andunit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantityof 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)

A. The project sendsonly the invoice header and invoice line description to Receivables, not the invoice distributions.
B. The project sends the invoice header, invoice line description, and the invoice distributions to Receivables.
C. The project sends only the invoice header to Receivables, not the invoice line description and distributions.
D. The project sends the invoice line description and the invoice distributions to Receivables, but not the invoice header.

Question 5

Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

A. Project Contract-based costing
B. Project Contract-based billing
C. Contract Team Connect
D. Project Contract Collection Center

Solutions: