Download Oracle E-Business Suite R12 Project Essentials.1z0-511.CertKey.2019-02-26.80q.tqb

ProfExam Suite - Black Friday
Vendor: Oracle
Exam Code: 1z0-511
Exam Name: Oracle E-Business Suite R12 Project Essentials
Date: Feb 26, 2019
File Size: 780 KB
Download Exam

How to open VCEX files?

Files with VCEX extension can be opened by ProfExam Simulator.

Download
ProfExam Simulator

Purchase
Coupon: EXAM_HUB

Discount: 20%

ProfExam Simulator ProfExam Simulator ProfExam Simulator ProfExam Simulator ProfExam Simulator

Demo Questions

Question 1
Your customer has set up a contract project with a distribution rule Work/Work. Identify three setup options to:
  1. Charge labor transactions revenue and all other nonlabor transactions revenue to separate account 
  2. Generate separate invoice line amounts for labor and nonlabor transactions
  1. Setup revenue categories as required.
  2. Define revenue accounts at the revenue category setup level.
  3. Define AutoAccounting rules to derive revenue account based on revenue category.
  4. Define grouping option by revenue category on the invoice format and attach the invoice format at the project type level.
  5. Define grouping option by revenue category on the project type.
Correct answer: ACD
Explanation:
Note:Revenue and Billing Information When you enter revenue information for your project, you specify a revenue distribution rule for the revenue accrual method and the billing method for this project. When you enter billing information, you specify invoice formats, bill cycle days, and other invoicing information. The project type determines which revenue distribution rule appears as the default value for this field, and which other revenue distribution rules you can choose from. Oracle Projects predefines the following revenue distribution rules:Cost/CostAccrue revenue and bill using the ratio of actual cost to budgeted cost (percent spent). Cost/EventAccrue revenue using the ratio of actual cost to budgeted cost (percent spent), and bill based on events. Cost/WorkAccrue revenue using the ratio of actual cost to budgeted cost (percent spent), and bill as work occurs. Event/EventAccrue revenue and bill based on events. Event/WorkAccrue revenue based on events, and bill as work occurs. Work/EventAccrue revenue as work occurs, and bill based on events. Work/WorkAccrue revenue and bill as work occurs.
Note:
Revenue and Billing Information 
When you enter revenue information for your project, you specify a revenue distribution rule for the revenue accrual method and the billing method for this project. When you enter billing information, you specify invoice formats, bill cycle days, and other invoicing information. 
The project type determines which revenue distribution rule appears as the default value for this field, and which other revenue distribution rules you can choose from. Oracle Projects predefines the following revenue distribution rules:
Cost/CostAccrue revenue and bill using the ratio of actual cost to budgeted cost (percent spent). 
Cost/EventAccrue revenue using the ratio of actual cost to budgeted cost (percent spent), and bill based on events. 
Cost/WorkAccrue revenue using the ratio of actual cost to budgeted cost (percent spent), and bill as work occurs. 
Event/EventAccrue revenue and bill based on events. 
Event/WorkAccrue revenue based on events, and bill as work occurs. 
Work/EventAccrue revenue as work occurs, and bill based on events. 
Work/WorkAccrue revenue and bill as work occurs.
Question 2
Identify two predefined transaction sources that Oracle Projects uses to import the transactions generated within Oracle Projects.
  1. Oracle Interproject Supplier Invoices
  2. Oracle Projects Intercompany Supplier Invoices
  3. Project Allocations
  4. Capitalized Interest
  5. Oracle Interprojed Customer Invoices
Correct answer: CD
Explanation:
Oracle Projects uses predefined transaction sources to import project allocations and capitalized interest transactions that it generates internally. 
Oracle Projects uses predefined transaction sources to import project allocations and capitalized interest transactions that it generates internally. 
Question 3
Refer to the exhibit. 
  
In your company's Expenditure/Event Organization Hierarchy, organization labor costing rules are assigned to all organizations except San Jose. What happens when you run the "PRC: Distribute labor costs" program for a timecard transaction entered by an employee from the San Jose organization?
  1. The rule assigned for San Francisco takes precedence and the transaction will he successfully a distributed.
  2. The rule assigned for USA takes precedence and the transaction will he successfully cost distributed.
  3. The rule assigned for California takes precedence and the transaction will be successfully cost distributed.
  4. The program ignores this transaction, because no labor costing rule is assigned for San Jose and completes normally.
  5. The program completes normally. However, the output will have this transaction under the exceptions section with a message "No Labor costing rule assigned for organization."
Correct answer: C
CONNECT US
HOW TO OPEN VCE FILES

Use VCE Exam Simulator to open VCE files
Avanaset

HOW TO OPEN VCEX AND EXAM FILES

Use ProfExam Simulator to open VCEX and EXAM files
ProfExam Screen

ProfExam
ProfExam at a 20% markdown

You have the opportunity to purchase ProfExam at a 20% reduced price

Get Now!