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Oracle Project Financials Management Cloud 1Z0-1057-21

1Z0-1057-21

Exam Code: 1Z0-1057-21

Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials

Updated: Jun 03, 2026

Q & A: 93 Questions and Answers

1Z0-1057-21 Free Demo download:

PDF Version Demo Test Engine Online Test Engine

PDF Version Price: $129.00  $59.99


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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

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


2. Identifythethreecontract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three

A) Expenditure Type
B) Task
C) Contract Line
D) Contract Header
E) Projects


3. You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
AssociatedProject Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A) USD 184
B) USD 70
C) USD 120
D) USD 134


4. Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two

A) project plan type
B) expenditure item
C) project
D) project classification
E) resource


5. Your organization has been using project class categories and codes for reporting purposes and is set up at the project level. You recently defined a new project type, Capital-Contract, and created new class categories named Build, Operate, and Transfer (BOT) and Build, Transfer, and Maintain (BTM), with class codes of Yes/No. But on creation of a project, you are unable to associate these classcategories and codes.
Identify two setups that are mandatory for these class categories and codes to be displayed. (Choose two.)

A) Class codesshould beassociated
B) Class categoriesshould beassignedtoproject type.
C) Class categories should be assigned to business unit.
D) Class codes should be assigned to project unit.


Solutions:

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

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