Online Access Free 1Z0-511 Exam Questions

A contractor is engaged to carry out a statement of work by a customer. The contract is fixed price, and milestone payments will be made based on the individual completion of agreed deliverables. The contract specifies that 10% of any invoice totals must be withheld. The exception to this rule is that if certain deliverables are met ahead of the agreed schedule, then the full amount can be invoiced. How would this scenario be set up in Oracle Projects?

• A.CustomerRetention Billing is implemented with a Withholding Term ofExpenditure Category.
• B.CustomerRetention Billing isimplemented with aWithholding Term based onEvent Types.
• C.A taskis used to collectcosts that are to be withholdingand the task is set to non-billable asrequired.
• D.A customerbill splitisimplemented to send 10% ofall invoiced costs to a dummy customer.
• E.10% ofproject costs isset with abilling hold (as required) inExpenditureInquiry.

Identity three transactions that can be entered as a pre-approved expenditure batch:

• A.Miscellaneous
• B.Supplier Invoices
• C.Usages
• D.Expense Reports
• E.Burden

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 references to Supplier Y will be modified to Supplier X for all transactions existing in Oracle Projects.
• B.The Supplier Merge Program does notimpact any supplier transactions that are already interfaced to Oracle Projects.
• C.The SupplierMerge Program completes with error,the merge is not possible because transactionsrelated to Supplier Y are already interfaced to Oracle Projects.
• D.The transactions related to Supplier Y will be deleted from Oracle Projects.
• E.The transactionsrelatedto Supplier X and Y will be deleted from Oracle Projects.

Your customer has set up a contract project with a distribution rule Work/Work. Identify three setup options to:
- Charge labortransactions revenue and all othernonlabortransactionsrevenue to separate accounts
- Generate separate invoice lineamountsforlaborand nonlabortransactions

• A.Define grouping option by revenue category on the project type.
• B.Define AutoAccounting rules to derive revenue account based on revenue category.
• C.Setup revenue categories as required.
• D.Definerevenue accountsatthe revenue category setup level.
• E.Definegrouping option byrevenuecategoryon the invoice format and attach the invoice format at the project type level.

Which three types of People Resources does Oracle Projects support?

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