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

1Z0-1057-21 pass collection

Exam Code: 1Z0-1057-21

Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials

Updated: Sep 04, 2026

Q & A: 93 Questions and Answers

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

SectionObjectives
Common Project Configuration
Configure Project Costing
Configure Project Management
Project Management Overview
Configure Project Resource Management
Functional Setup Manager
Navigation, User Experience, Personalization and Approvals
Configure Project Billing
Configure Project Control
Configure Project Performance Reporting
Applications Security Overview
Configure Project Foundation

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

Question 1

Your customer wants to assign the Net 45 payment term to all sets except for the corporate business unit specific set, which is assigned the Net 15 payment term. At transaction entry, the list of values for payment terms consists of only one set of data: the set that is assigned to the transaction's business unit.
Which reference data sharing method would you setup to meet the customer requirement? (Choose the best answer.)

A. assignment to one set only; no common values allowed
B. assignment to one set only with common values
C. assignment to multiple sets; common values allowed
D. assignment to multiple sets; no common values allowed


Question 2

You haveprojects and tasks defined with transaction controls, which does not allow certain types of charges to the project. Your business needs to create invoices in AP with this project every period and hence would like to make the process easier by creating a distribution set. As you create the distribution set, you notice that thesedistribution set lines are not validated against the project transaction controlsand you are allowed to save it without any validation errors. Identify the why the project transaction controls are not applied. ( Choose the best answer.)

A. There is noexpenditure item dateinformation available on the distribution set line.
B. There is no expenditure organization information available on the distribution set line.
C. There is no expenditure type information available on the distribution set line.
D. The account code combination is not available on the distribution set line.


Question 3

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.)

A. Even
B. Daily Spread Basis
C. S-Curve
D. Back Loaded
E. Bell Curve


Question 4

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


Question 5

Your customer has a requirement toimport and process third-party transactions that are "costed" and
"accounted".
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)

A. Document Entry Options
B. Import Options
C. Document Options
D. Transaction Source Options


Solutions:

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

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