Free Oracle 1Z0-511 Exam Dumps Questions & Answers

A customer has provided a purchase order for $100k. The customer issues an additional $20k to the original purchase order. How would you invoice the total amount of $120k on only one invoice as per the terms of the contract?

• A.  Update any existing transactionsto allow billing to the new amount.
• B.  Createa manual invoice in Accounts Receivable for the additional value.
• C.  Update the cost budget to $l20k.
• D.  Create a separateagreement and funding for $20k.
• E.  Update the existing agreement value to $120k and add an additionalfunding line against the project for $20k.

You implement Project Manufacturing along with Project Costing for manufacturing company. You define various expenditure types in which few are specific to Project Manufacturing. Identify the three setups that are required to have an expenditure type specific to Project Manufacturing.

• A.  Rate Required is enabled for theExpenditureType.
• B.  "Inventory" class is associated with the ExpenditureType.
• C.  "Work In Process" class is associated with the Expenditure Type.
• D.  "Miscellaneous transactions" classis associated with the Expenditure Type.
• E.  Rate Required Is not enabled for the Expenditure Type.

Which three options would result in a billing event being excluded from an invoice?

• A.  No taskisassigned to the event.
• B.  The event has been placed on hold.
• C.  No revenue amount has been entered on the event.
• D.  No event date has been entered.
• E.  The event dateis later than the invoice date when the process for draftinvoicegeneration issubmitted.

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

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

A customer enables transaction controls at the Project level. Oracle Project Costing checks the control when the customer ________.

• A.  enters an online or preapproved expenditureitem
• B.  entersaproject-related invoice distributionin Oracle Payables
• C.  transfers an expenditure item to another task of the same project
• D.  runs the PRC: Distribute Labor Costs concurrent program
• E.  runsthe PRC: Transaction Import concurrent program