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

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

3. Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accountingclose cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)

A) S-Curve
B) Daily Spread Basis
C) Even
D) Back Loaded
E) Bell Curve

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

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

5. Which four notification templates are predefined?

A) Forgot Password Template
B) New Account Manager Template
C) Forgot Username Template
D) Password Reset Template
E) New Account Template

Solutions: