Free 1Z0-511 Braindumps


  • Exam Number: 1Z0-511
  • Provider: Oracle
  • Questions: 70
  • Updated On: 17-Nov-2018

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
accounts
2. Generate separate invoice line amounts for labor and nonlabor transactions

A. Set up revenue categories as required.
B. Define revenue accounts at the revenue category setup level.
C. Define AutoAccounting rules to derive revenue account based on revenue category.
D. Define grouping option by revenue category on the invoice format and attach the invoice
format at the project type level.
E. Define grouping option by revenue category on the project type.

Answer(s): A, C, D
Explanation:
Note:
Revenue and Bil ing Information

When you enter revenue information for your project, you specify a revenue distribution rule for
the revenue accrual method and the bil ing method for this project. When you enter bil ing
information, you specify invoice formats, bil 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/Cost
Accrue revenue and bil using the ratio of actual cost to budgeted cost (percent
spent).
Cost/Event
Accrue revenue using the ratio of actual cost to budgeted cost (percent spent),
and bil based on events.
Cost/Work
Accrue revenue using the ratio of actual cost to budgeted cost (percent spent),
and bil as work occurs.
Event/Event Accrue revenue and bil based on events.
Event/Work Accrue revenue based on events, and bil as work occurs.
Work/Event Accrue revenue as work occurs, and bil based on events.
Work/Work
Accrue revenue and bil as work occurs.

QUESTION: 2
Identify two predefined transaction sources that Oracle Projects uses to import the transactions
generated within Oracle Projects.

A. Oracle Interproject Supplier Invoices
B. Oracle Projects Intercompany Supplier Invoices
C. Project Al ocations
D. Capitalized Interest
E. Oracle Interprojed Customer Invoices

Answer(s): C, D


2

Get The Premium Version

Allbraindumps.com
 Test Questions PDF from Myitguides.com

 Test Questions PDF from Myitguides.com