Free Oracle 1z0-1057-20 Exam Dumps Questions & Answers

Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement. (Choose two.)

• A.  invoice method
• B.  expenditure items
• C.  bill plan
• D.  billing events
• E.  billing controls

Your customer 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.  Supporting References
• B.  Accounting Method
• C.  Accounting Rule
• D.  Journal Rules
• E.  Mapping Sets

You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 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.)

• A.  Bill set number drives the grouping of transactions.
• B.  Two invoices are created using the same contract.
• C.  Both the contract lines create only a single invoice because they are using the same contract.
• D.  Invoice generation does not depend on bill plan. The invoices are created based on the contract line.

Identify the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources. (Choose the best answer.)

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

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.  project classification
• C.  project
• D.  expenditure item
• E.  resource