1Z0-1057-21 Exam Dumps | Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts

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Oracle Project Management Cloud 2021 Implementation Essentials
Oracle.1Z0-1057-21.v2022-06-27.q32
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Question 25/32

Which product offering enables non-exclusive relationships between multiple projects and tasks with contracts and contract lines? (Choose the best answer.)

A. Project Contract-based costing

B. Project Contract-based billing

C. Project Contract Collection Center

D. Contract Team Connect

Correct Answer: B

Explanation
Reference
http://www.oracle.com/us/products/applications/fusion/fusion-proj-port-mang-solut-brief-173079.pdf (Page 2)Flexible Contract-Based Billing Traditional contract and billing systems enforce a rigid relationship between a project and a funding agreement, which can constrain project setup and execution.Oracle Fusion Project Portfolio Management provides a highly flexible approachto project contract-based billing via a non-exclusive relationship between multiple projects and tasks with contracts andcontract lines.This means that you will have full control over defining contracts, rates and limits, and when and how to recognize revenue and generate invoices while segregating the planning and execution of your projects.

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