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

1Z0-1057-21 actual test
  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Jun 18, 2026
  • Q & A: 93 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China andadded a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)

A) The US and UK business units are linked to different ledgers than the China business unit.
B) The application role relevant to the China business unit is not assigned to the project accountant.
C) The China business unit is associated with a different legal entity than the US and UK business units.
D) The project accountant isnot assignedto the external rolethat grants access to the China business unit.


2. A consulting services company is currently working on a businesstransformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of theperiod, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)

A) Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000
B) Dr Unearned Revenue 40,000Cr Revenue 40,000
C) Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000
D) Dr Accounts Receivables 40,000Cr Revenue 40,000


3. Your customerhas different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates willbe populated in such invoices? (Choose two.)

A) Project accounting date is the first day of the first open project accountingperiod.
B) Accounting date is the first day of the first open accounting period.
C) Project accounting date is the same as the original invoice date.
D) Accounting date is the same as the original invoice date.
E) Project accounting date is the last day of the open project accounting period.


4. As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter. Identify the reason for this problem. (Choose the best answer.)

A) All expenditure items charged to the task use the new burden schedule.
B) You can enable automatic reprocessing of expenditureitems processed before the burden schedule change.
C) Only new expenditure items charged to the task use the new burden schedule; expenditure itemsprocessed earlier cannot be reprocessed.
D) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.


5. 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.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: C
Question # 3
Answer: B,C
Question # 4
Answer: D
Question # 5
Answer: A,C

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