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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. 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

2. Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles:
0-4-10-11-14-13-10-4-0-0. Identify two ways to handle this kind of a spread on their budgets and forecasts. ( Choose two)

A) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
B) Use the predefined S-Curve spread with small deviations on the spread points.
C) Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
D) Use the predefined Bell Curve spread with small deviations on the spread points.

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

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

4. 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) expenditure type
B) worktype
C) event type
D) cost type

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 type
B) project classification
C) project organization
D) project unit

Solutions: