Oracle 1Z0-1057-21 Actual Free Exam Questions & Community Discussion

  • Exam Code/Number: 1Z0-1057-21
  • Exam Name/Title: Oracle Project Management Cloud 2021 Implementation Essentials
  • Certification Provider: Oracle
  • Corresponding Certification: Project Financials Management Cloud
  • Exam Questions: 93
  • Updated On: Jun 11, 2026
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two
Correct Answer: B,C Vote an answer
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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.)
Correct Answer: B,C,D Vote an answer
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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.)
Correct Answer: B Vote an answer
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Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs forrate-based planning resources. (
Correct Answer: B Vote an answer
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Which two statements are true about the cross-charge method, Borrowed and Lent?
Correct Answer: A,C Vote an answer
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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.)
Correct Answer: D Vote an answer
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You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created underprojects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem?
(Choose the best answer.)
Correct Answer: A Vote an answer
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Your customer wants a projectstart date to cascade to the project tasks but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this.(Choose the best answer.)
Correct Answer: D Vote an answer
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You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contractLine 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task
30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)
Correct Answer: A,D Vote an answer
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You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error message: "Thesearch for resources cannot be completed because the project resource search index is not available. Contact your help desk." Identify the cause for this error message. (Choose the best answer.)
Correct Answer: B Vote an answer
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