Free Oracle 1z0-1057-24 Exam Dumps Questions & Answers

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.  Two invoices are created using the same contract.
• B.  Bill set number drives the grouping of transactions.
• 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.

When setting up capitalization options on a project type, you have decided to enable the Require Complete Asset Definition option. If this option is enabled, the "Transfer Assets to Oracle Fusion Assets" process will place asset lines with complete definition into which queue in Oracle Fusion Assets?

• A.  New
• B.  Hold
• C.  Posted
• D.  Post

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.  600
• B.  800
• C.  900
• D.  1000

Your customer accounts revenue based on, product class category. Because all your customer's projects are funded by private and government institutions, they decide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category
"Funding Source" and assign it to all projects. However, you notice that the accounting is still happening based on product class category. Identify the reason for this problem. (Choose the best answer.)

• A.  Funding source class category is enabled for "available as accounting source".
• B.  Funding source class category is not enabled for "available as accounting source".
• C.  Funding source class category is assigned to all project types.
• D.  Product class category is not enabled for "available as accounting source".

Where should you specify the Default Capitalized Interest Rate Schedule?

• A.  Manage Expenditure Type page
• B.  Manage Capitalized Interest Rates page
• C.  Manage Capitalized Interest Rate Schedules page
• D.  Manage Project Plan Type page
• E.  Manage Project Type page