Free Oracle 1Z0-1057 Exam Dumps Questions & Answers

You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)

• A.Rate Based
• B.As Incurred
• C.Percent Complete
• D.Amount Based

You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)

• A.900
• B.1000
• C.600
• D.800

You are trying to create a project purchase order (PO) but you are unable to select Expenditure Organization in the PO. Identify two reasons for this problem. (

• A.The organization is not classified as a project-owning organization.
• B.The organization is not classified as a project expenditure organization
• C.The organization is classified as a project unit.
• D.The organization is not included in that is assigned to the business unit that owns the PO.

Your organization has been awarded a new contract based on which you are allowed to 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, free-form, project-based" and "sell intent, item, project-based".
• 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 "sell intent, item, project-based' and "subscription, project-based, sell".
• D.Create two contract lines with a line type each of "product, project-based, sell agreement, standalone" and "sell intent, item, project-based".

You are now the project manager of a newly created implementation project. Which two items are not part of managing an implementation project?

• A.Monitor the progress of completing setup tasks.
• B.Enable optional functional areas and features by opting in.
• C.Generate a list of setup tasks.
• D.Select the offering you want to implement.
• E.Assign tasks to various users who are responsible for managing setup data.