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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certainnumber of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)

A) time calculation rules
B) time entry rules
C) time audit rules
D) project time validation rules

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

3. Yourcustomer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)

A) Mapping Sets
B) Supporting References
C) Journal Rules
D) Accounting Method
E) Accounting Rule

4. Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you setup to meet the customer requirement? (Choose the best answer.)

A) assignment to multiple sets; common values allowed
B) assignment to multiple sets; no common values allowed
C) assignment to one set only; no common values allowed
D) assignment to one set only with common values

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

Solutions: