Free 1z0-511 – Oracle E-Business Suite R12 Project Essentials Practice Test Question

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  Agreements, Events, and Bill Rates have to be in the same current as the Project Functional Currency.

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  Agreements, Events, and Bill Rates can all be different currencies than the Project Functional Currency.

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  The Project Currency can be different from the Functional Currency of the operating unit that owns the project.

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  The Project Currency has to be the same as the Functional Currency of the operating unit that owns the project.

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  An agreement can fund invoices in more than one currency.
  
  

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  Oracle Interproject Supplier Invoices

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  Oracle Projects Intercompany Supplier Invoices

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  Project Allocations

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  Capitalized Interest

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  Oracle Interprojed Customer Invoices
  
  

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  Setting up Transaction Controls using Revenue Categories.

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  Grouping Expenditure Types by Revenue Categories.

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  Grouping Event Type Revenue Categories.

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  Defining Rate Schedules using Revenue Categories.

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  Setting up AutoAccounting Rules using Revenue Categories.

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  Entering Budgets using Revenue Categories.
  
  

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  Task Type

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  Service Type

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  Work Type

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  Chargeable Flag

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  Scheduled Dates
  
  

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  Define the structures as Fully Shared.

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  Utilize Task-based mapping structures.

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  Define a separate branch of task hierarchy for deliverables.

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  Define a separate branch of task hierarchy for cost collection.

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  Define the structures as Partially shared.
  
  

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  Debit: Cost of Goods SoldCredit: Unbilled Receivables

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  Debit: Unearned RevenueCredit: Revenue

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  Debit: ReceivableCredit:Bank

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  Debit: ReceivableCredit: Unearned Revenue

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  Debit: BankCredit: Revenue
  
  

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  Create a revenue write-off event for the uncollectable element and interface to General Ledger.

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  Create a negative funding line and assign to the project thus reducing its revenue.

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  Create a cost adjustment on the project using preapproved batches.

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  Create a credit memo in Oracle Projects and interface to Accounts Receivable.

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  Enter a transaction control against the expenditure types and regenerate the draft invoice.
  
  

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  Create a specific agreement type and use the advance receipts required extension to ensure that these agreements require advance payments.

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  Set the customer profile in Accounts Receivable to require advance payments.

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  Create a transaction control for specific agreement types to ensure that advance payments are received.

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  Enter a negative agreement value and funded amount.

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  Fund the projects with a dummy agreement.
  
  

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  It is the default calendar assigned to resource requirements for the project.

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  It is the default calendar for the automatic generation of cost forecasts in Financial Plans.

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  It is the default calendar used for determining accounting periods.

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  It is used in the determination of currency exchange rates.

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  It is used by date-dependent system workflows.
  
  

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  Job Labor Rates ScheduleNon Labor Rate Schedule

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  Resource Class SchedulePlanning Rate ScheduleLabor Rates Schedule

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  Resource Class ScheduleLabor Rates ScheduleNon Labor Rate Schedule

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  Resource Class SchedulePlanning Rate ScheduleNon LaborRates Schedule