Online Access Free 1Z1-511 Exam Questions

A company has different organization requirements for HR, Payroll, Finance, and Projects. How can the company achieve this?

• A.By configuringashared organization hierarchy for Finance and Payroll
• B.By configuring separate organization hierarchies for each application
• C.Byconfiguring a shared organization hierarchy
• D.By configuring a shared organization hierarchy forProjects and Payroll

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

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

A new contract project is created for work for a customer by using event-based billing. A decision has been made to give a discount to the customer on a particular invoice. You want to apply this discount and reduce the invoice without affecting revenue.
Which event type should be used to achieve this?

• A.Manual
• B.Deferred Revenue
• C.ScheduledPayment
• D.Invoice Reduction
• E.Automatic

A client requires a project definition that allows for charging expenditures to the project at a higher Work Breakdown Structure level than where the manually entered percentage complete progress is captured. Which three Shared Structure relationships will support this requirement?

• A.Partially shared
• B.Mapped
• C.Shared
• D.Not shared
• E.Vertical