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  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Jun 03, 2026
  • Q & A: 93 Questions and Answers
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  • Exam Code: 1Z0-1057-21
  • Exam Name: Oracle Project Management Cloud 2021 Implementation Essentials
  • Updated: Jun 03, 2026
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Oracle Project Management Cloud 2021 Implementation Essentials Sample Questions:

1. Which three tools are available for accessing REST APIs?

A) cURL
B) Oracle Transactional Business Intelligence
C) Programming Language
D) Web Browser


2. 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.


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


4. Whichthreefile-based data imports are available for use in Oracle Project Portfolio Management Cloud?

A) Project Billing Events
B) Project Tasks
C) Project Budgets
D) Project Templates


5. Your organization has been awarded a new contract based on which you are allowedto sell:
* Items not tracked in inventory
* Inventory items
* Services
Which contract structure would fulfill your requirement of item sales? (Choose the best answer.)

A) Create two contract lines with a line type each of "sell intent, item, project-based' and "subscription, project-based, sell".
B) Create two contract lines with a line type each of "free-form, project-based buy agreement" and "bundle sell, project-based".
C) Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".
D) Create two contract lines with a line type each of "sell intent, free-form, project-based" and "sell intent, item, project-based


Solutions:

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

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