Download Oracle E-Business Suite R12 Project Essentials.pass4sure.1z0-511.2018-12-13.1e.48q.vcex


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Exam Oracle E-Business Suite R12 Project Essentials
Number 1z0-511
File Name Oracle E-Business Suite R12 Project Essentials.pass4sure.1z0-511.2018-12-13.1e.48q.vcex
Size 239 Kb
Posted December 13, 2018
Downloads 45



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Demo Questions

Question 1
Which three types of People Resources does Oracle Projects support?

  • A: Team Roles
  • B: Straight Time
  • C: Jobs
  • D: Item
  • E: Named Person



Question 2
Identify three adjustment actions that require submission of Distribute costs program to process the adjustments?

  • A: Change Comment
  • B: Release Hold
  • C: Split
  • D: Transfer
  • E: Recalculate Revenue
  • F: Capitalizable to Non-Capitalizable



Question 3
A customer has gone into bankruptcy and is unable to pay their bills. This means that the project revenue is now overstated. How can the customer reduce the revenue on the project to accurately reflect the amount of collectable revenue?

  • A: Create a revenue write-off event for the uncollectable element and interface to General Ledger.
  • B: Create a negative funding line and assign to the project thus reducing its revenue.
  • C: Create a cost adjustment on the project using preapproved batches.
  • D: Create a credit memo in Oracle Projects and interface to Accounts Receivable.
  • E: Enter a transaction control against the expenditure types and regenerate the draft invoice.



Question 4
What must be defined to enable a company to use an organization for a straight time expenditure?

  • A: Define the organization with the following: 
    1. Add Cost Centre as the Organization type. 
    2. Add an organization classification of HR Organization. 
    3. Add the organization to an organization hierarchy.
  • B: Define the organization with the following: 
    1. Add the organization classifications HR Organization and Project Expenditure/Event  
    2.Add the organization to an organization hierarchy  
    3. Add the organization hierarchy to the appropriate Oracle project implementation option setting
  • C: Define the organization with the following: 
    1.Add the organization classifications Project/Task Owning Organization and Project Expenditure/Event Organization. 
    2. Add the organization to an organization hierarchy. 
    3.Add the organization hierarchy to the appropriate Oracle project implementation option setting.
  • D: Define the organization with the following: 
    1. Add the organization classifications Project Expenditure/Event Organization. 
    2. Add the organization to an organization hierarchy. 
    3.Add the organization hierarchy to the appropriate Oracle project implementation option setting.
  • E: Define the organization with the following: 
    1. Add the organization classifications HR Organization and Project Expenditure/Event 
    2. Add the organization to an organization hierarchy. 
    3. Define Organization Labor Costing Rules.



Question 5
A customer has two operating units: US and Ireland. A project that is set in the Ireland operating unit requires the services of employees from the US operating unit.
Identify three mandatory steps that must be completed for the employees in the US to enter their time on the project and for costs to be successfully distributed.

  • A: Set up Internal Billing Implementation options in US and Ireland.
  • B: Define provider controls in US and receiver controls in Ireland.
  • C: Setup a new transaction source to receive Intercompany transactions in Ireland.
  • D: For the project in Ireland, select "Allow Cross Charges to all Operating Units within Legal Entity".
  • E: For the project in Ireland,set up transaction controls to allow charges from other operating units.



Question 6
A project is undertaken for a customer where all labor costs are non-billable, and Non-Labor costs are billable if the accumulated costs incurred are greater than $10k. 
How can Oracle Projects be implemented to support this?

  • A: Use transaction controls to restrict billing to Non-Labor elements and to calculate the bill amounts on Non-Labor.
  • B: Use transaction controls to billing Non-Labor elements, capture the value on the project, and then use the Non-Labor billing extension to calculate when an activity is billable.
  • C: Create an agreement and funding for $10k only, and fund only those tasks on a project where you estimate to incur costs of $10k or more.
  • D: Use the cost-to-cost billing extension to build billing rules to meet the requirement.
  • E: Use the cost accrual extension.



Question 7
An organization posts project costs to the balance sheet as they are incurred. Each month they recognize project revenue on each project. 
Select the option that ensures that costs are credited from the balance sheet and debited to profit and loss as revenue is recognized.

  • A: Use events for project revenue and use GL journals to carry out the relevant account postings.
  • B: Implement a project revenue extension with appropriate event types and AutoAccounting definition.
  • C: Use miscellaneous transactions to generate revenue with the appropriate AutoAccounting definition.
  • D: Use preapproved batches with a class type of "Work in Process" to generate revenue with the appropriate AutoAccounting definition.



Question 8
Company ABC wants to deploy workplan task structures where the lowest tasks represent deliverables. They want to collect costs at a level higher than the lowest tasks for groups of deliverables. Which two task structure relationships are available for them to consider?

  • A: Define the structures as Fully Shared.
  • B: Utilize Task-based mapping structures.
  • C: Define a separate branch of task hierarchy for deliverables.
  • D: Define a separate branch of task hierarchy for cost collection.
  • E: Define the structures as Partially shared.



Question 9
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 invoice is approved in the us Projects ledger
  • B: when the draft intercompany revenue is approved in the US Projects ledger
  • C: Invoice automatically created as part of the PRC: Tieback Invoices from Receivables in the US Project ledger
  • D: when the draft intercompany invoice is released in the US Projects Ledger
  • E: on creation of the Intercompany revenue in the US General Ledger



Question 10
You have defined a Non-Labor resource "Mini Truck" with an expenditure type "Vehicle" that has a rate of $100. This resource is attached to three Non-Labor resource organizations: "Construction-East," "Construction-West," and "Construction-Central."
How do you set up a rate of $150 for usage charges when the "Mini Truck" owned by "Construction-Central" is charged to a project?

  • A: In the Project setup, enter a rate of $150 for "Construction-Central" in the organization overrides.
  • B: In the Non-Labor resources setup, select the "Construction-Central" organization and enter a rate of $150.
  • C: Create a new rate schedule with a rate of $150 for "Mini Truck" and attach it to the project.
  • D: Create a new rate schedule with a rate of $150 for "Mini Truck" and attach it to"Construction-Central."
  • E: Write custom code in Non-Labor cost override extension.








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