Oracle 1Z0-1057-21 Valid Q&A - in .pdf

  • 1Z0-1057-21 pdf
  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Oct 19, 2026
  • Q & A: 93 Questions and Answers
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  • Updated: Oct 19, 2026
  • Q & A: 93 Questions and Answers
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  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
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  • Q & A: 93 Questions and Answers
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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Reporting and Analytics- OTBI and Dashboard Usage
- Project Performance Reporting
Project Execution and Control- Task Management and Scheduling
- Progress Tracking and Reporting
- Resource Assignment and Utilization
Project Financial Management- Cost Management and Control
- Budgeting and Forecasting
- Revenue Recognition Basics
Project Management Cloud Setup and Configuration- Project Types and Templates Configuration
- Enterprise Project Structure (EPS) and Project Setup
Security and Data Access- Project Security Configuration
- Role-Based Access Control
Integration and Configuration- Integration with Oracle HCM Cloud
- Integration with Oracle Financials Cloud

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question #1

You havedefined two expenditure types, but they are not available for selection when youenter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)

  • A. The two expenditure types are not assigned to the reference data set that is assigned to theproject unitin which the transaction is performed.
  • B. The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
  • C. The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
  • D. The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.
Reveal Solution  Discussion  0

Correct Answer: A  πŸ—³οΈ

Explanation: Only visible for TestValid members. You can sign-up / login (it's free).

Question #2

Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

  • A. Enable track missing time at project template.
  • B. Enable track missing time at project type.
  • C. Enable track missing time atbusiness unit.
  • D. Enable track missing time at
Reveal Solution  Discussion  0

Correct Answer: D  πŸ—³οΈ

Question #3

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

  • A. Costs or revenue are shared based on transfer price rules with this method.
  • 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. This method creates a formal internal invoice.
Reveal Solution  Discussion  0

Correct Answer: A,B  πŸ—³οΈ

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Question #4

Which setup option is common to both financial and project plan types?

  • A. Enable the entry of plan amounts in currencies other than the project currency.
  • B. Enable the use of a workflow for managing budget or forecasting status changes.
  • C. Manage the options for creating control budgets in Oracle Fusion Budgetary Control.
  • D. Identify whether the plantype is the default selection when you create budget or forecast versions.
Reveal Solution  Discussion  0

Correct Answer: A  πŸ—³οΈ

Explanation: Only visible for TestValid members. You can sign-up / login (it's free).

Question #5

While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)

  • A. project classification
  • B. project organization
  • C. project unit
  • D. project type
Reveal Solution  Discussion  0

Correct Answer: D  πŸ—³οΈ

Explanation: Only visible for TestValid members. You can sign-up / login (it's free).

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