[Newest Version] Easily Pass 1Z0-511 Exam with CertBus Updated Real Oracle 1Z0-511 Exam Materials

This dump is 100% valid to pass Oracle Oracle Applications 1Z0-511 exam. The only tips is please do not just memorize the questions and answers, you need to get through understanding of it because the question changed a little in the real exam. Follow the instructions in the CertBus Oracle Applications 1Z0-511 Oracle E-Business Suite R12 Project Essentials Exam PDF and VCEs. All CertBus materials will help you pass your Oracle Oracle Applications exam successfully.

We CertBus has our own expert team. They selected and published the latest 1Z0-511 preparation materials from Oracle Official Exam-Center: http://www.certgod.com/1Z0-511.html

QUESTION NO:59

A company is using Project Billing. To meet their billing requirements, the

company has Set up various revenue categories. Identify four places where the

company can use these revenue categories in Oracle Project.

A. Setting upTransaction Controls using Revenue Categories.

B. GroupingExpenditureTypes by RevenueCategories.

C. GroupingEventTypeRevenue Categories.

D. Defining Rate Schedules using Revenue Categories.

E. Setting up AutoAccountingRules using Revenue Categories.

F. EnteringBudgets using RevenueCategories.

Answer: B, C, E, F

Explanation:

Revenue categories are used for grouping expenditure types(B)and event

types(C)for revenue and billing You can use revenue categories for

budgeting(F), for reporting purposes, and in your AutoAccounting rules(E).

Revenue Categories are also used for grouping expenditure types for revenue

and billing(B).

Note:

*A revenue category describes a source of your organization’s revenue. For

example, a revenue category with a name such as Labor refers to labor

revenue.

Reference:

Revenue Categories

QUESTION NO:32

A company generates revenue at period end, but bills monthly in advance. The

customer is invoiced in April with project starting in May and the first project

is due to be recognized at the end of May. What are the accounting entries at

the end of May?

A. Debit: Cost of Goods SoldCredit: Unbilled Receivables

B. Debit: Unearned RevenueCredit: Revenue

C. Debit:ReceivableCredit:Bank

D. Debit:ReceivableCredit: Unearned Revenue

E. Debit: BankCredit: Revenue

Answer: D

Explanation:

Invoice

When you run the program to interface invoices to Oracle Receivables, Oracle

Projects runs AutoAccounting to determine the appropriate default accounts.

If the invoice fails AutoAccounting, then the program marks the draft invoice

with an error. See: Overview of AutoAccounting, Oracle Projects

Implementation Guide.

The following table shows entries Oracle Projects creates when the Interface

Invoices to Oracle

Receivables process is run: AccountDebitCredit Receivables200.00

Unbilled Receivables and/or Unearned Revenue200.00

Reference:

Oracle Project Billing User Guide

QUESTION NO:34

You have imported Labor transactions into Oracle Projects from Oracle Time

and Labor by running the “PRC: Transaction Import” program. What is the

correct sequence to run the concurrent programs listed below to transfer the

cost and accounting entries of these transactions to General Ledger?

1. PRC: Distribute Labor Cost

2.PRC: Transfer Journal Entries to GL

3.PRC: Create Accounting (with the Transfer to GL option set to “No”)

4.PRC: Interface Labor Costs to GL

5.PRC: Generate Cost Accounting Events

6.PRC: Distribute and Interface tabor costs to GL

A. 1, 3, 6

B. 1, 5, 3, 4

C. 1, 5, 3, 2

D. 1, 2

E. 3, 6

Answer: C

Explanation:

The following activities take place as part of the expenditures process flow for

labor costs:

If you define your own detailed accounting rules in Oracle Subledger

Accounting, then Oracle Subledger Accounting overwrites default accounts,

or individual segments of accounts, that Oracle Projects derives using

AutoAccounting.

Reference:

Oracle Projects Fundamentals,Expenditures Process Flow Example: Labor

Cost

CertBus exam braindumps are pass guaranteed. We guarantee your pass for the 1Z0-511 exam successfully with our Oracle materials. CertBus Oracle E-Business Suite R12 Project Essentials Exam exam PDF and VCE are the latest and most accurate. We have the best Oracle in our team to make sure CertBus Oracle E-Business Suite R12 Project Essentials Exam exam questions and answers are the most valid. CertBus exam Oracle E-Business Suite R12 Project Essentials Exam exam dumps will help you to be the Oracle specialist, clear your 1Z0-511 exam and get the final success.

1Z0-511 Latest questions and answers on Google Drive(100% Free Download): https://drive.google.com/file/d/0B_3QX8HGRR1mT2FpaE9MNHZ0T2s/view?usp=sharing

1Z0-511 Oracle exam dumps (100% Pass Guaranteed) from CertBus: http://www.certgod.com/1Z0-511.html [100% Exam Pass Guaranteed]

Why select/choose CertBus?

Millions of interested professionals can touch the destination of success in exams by certgod.com. products which would be available, affordable, updated and of really best quality to overcome the difficulties of any course outlines. Questions and Answers material is updated in highly outclass manner on regular basis and material is released periodically and is available in testing centers with whom we are maintaining our relationship to get latest material.

Brand	Certbus	Testking	Pass4sure	Actualtests	Others
Price	$45.99	$124.99	$125.99	$189	$69.99-99.99
Up-to-Date Dumps
Free 365 Days Update
Real Questions
Printable PDF
Test Engine
One Time Purchase
Instant Download
Unlimited Install
100% Pass Guarantee
100% Money Back
Secure Payment
Privacy Protection