Oracle 1Z0-1057-21

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Oracle 1Z0-1057-21 Exam Syllabus Topics:

Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. 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) event type
C) cost type
D) worktype

2. Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs forrate-based planning resources. (

A) Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule
B) Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule
C) Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule
D) Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule
E) Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate

3. Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

A) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
B) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.
C) When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
D) When you have an AP invoice that is matched againsta PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.

4. 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 that meets the specified proficiency.
B) 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.
C) An individual's score is 100% if the resource request has a qualification with a specified proficiency and the resource does not have thequalification.
D) An individual's score is 100% if the resource request has a qualification, but no proficiency is specified, and the resource has the qualification.

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

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

Solutions: