Oracle 1Z0-511 dumps - 100% Pass Guarantee!

A US-based company is providing resources to a UK subsidiary and has implemented Oracle Projects intercompany billing solutions. How would the US company create the Accounts Payable invoice in the UK operating unit?

A. when the draft intercompany invoiceis approvedin the us Projects ledger

B. when the draftintercompanyrevenue is approved in the US Projectsledger

C. Invoice automatically createdas part of the PRC: Tieback Invoices fromReceivables in the USProject ledger

D. when the draftintercompanyinvoice is released in the US Projects Ledger

E. on creation ofthe Intercompany revenue in the US General Ledger

A company generates revenue at period end, but bills monthly in arrears. The first project revenue is due to be recognized at the end of May and the first invoice sent to the customer in June. What are the accounting entries at the end of May?

A. Debit: Cost of Goods SoldCredit: Unbilled Receivables

B. Debit: BankCredit: Revenue

C. Debit: Unearned RevenueCredit: Revenue

D. Debit: RevenueCredit: Accounts PayableLiability Account

E. Debit:UnbilledReceivablesCredit: Revenue

A customer is using Oracle Payables and Oracle Projects. The customer has two suppliers set up with names X and Y, respectively. Supplier Y has been merged with Supplier X. The Supplier Merge Program is run from the Supplier Merge option in Oracle Payables and you have chosen to merge all transactions. What will happen to the supplier references on transactions related to Supplier Y that are already interfaced to Oracle Projects?

A. The Supplier Merge Program does notimpact any supplier transactions that are already interfaced to Oracle Projects.

B. The SupplierMerge Program completes with error,the merge is not possible because transactionsrelated to Supplier Y are already interfaced to Oracle Projects.

C. The supplier references to Supplier Y will be modified to Supplier X for all transactions existing in Oracle Projects.

D. The transactionsrelatedto Supplier X and Y will be deleted from Oracle Projects.

E. The transactions related to Supplier Y will be deleted from Oracle Projects.

Your company has set up the burdening functionality to capture the overheads incurred on all projects. They have decided to store these overhead costs as a separate expenditure item on the same project and also charge it to a separate expense account. Which step would you perform to set up the required expense account?

A. Setup the accountat the expenditure typedefined for the Burden transaction.

B. Setupthe Total Burdened Cost Credit AutoAccounting function.

C. Set up the Burden Cost Account AutoAccounting function.

D. Set up the BurdenCostClearing Account AutoAccountingfunction.

E. Set up the accountatthe expenditure category defined for the Burden transaction.

Which types of rate schedules should be defined to allow rates to be used to generate financial plans?

A. Job Labor Rates ScheduleNon Labor Rate Schedule

B. Resource Class SchedulePlanning Rate ScheduleLabor Rates Schedule

C. Resource Class ScheduleLabor Rates ScheduleNon Labor Rate Schedule

D. ResourceClass SchedulePlanning Rate ScheduleNon LaborRates Schedule