Get Oracle 1Z0-511 Exam Practice Questions - Real and Updated

Answer : A, B, D

Structure Integration Setup

If you enable both a workplan structure and a financial structure for your project or project template, you can decide whether or not they are integrated, and if so, to what degree. You do this by choosing one of the following options on the Structures setup page:

* Shared Structures: Enables you to generate a financial structure with a task hierarchy that is fully shared by the workplan structure task hierarchy. Workplan and financial structures are fully shared by default.

* Partially Shared Structures: Enables you to generate a financial structure that is partially shared by the workplan structure hierarchy.

* Non-Shared: Task-Based Mapping: Enables you to map individual workplan structure tasks to individual financial structure tasks.

* Non-Shared: No Mapping: Choose this if you do not want to integrate your project workplan and financial structures in any way.

Answer : A, C, D

Note:

Revenue and Billing Information

When you enter revenue information for your project, you specify a revenue distribution rule for the revenue accrual method and the billing method for this project. When you enter billing information, you specify invoice formats, bill cycle days, and other invoicing information.

The project type determines which revenue distribution rule appears as the default value for this field, and which other revenue distribution rules you can choose from. Oracle Projects predefines the following revenue distribution rules:

Cost/Cost Accrue revenue and bill using the ratio of actual cost to budgeted cost (percent spent).

Cost/Event Accrue revenue using the ratio of actual cost to budgeted cost (percent spent), and bill based on events.

Cost/Work Accrue revenue using the ratio of actual cost to budgeted cost (percent spent), and bill as work occurs.

Event/Event Accrue revenue and bill based on events.

Event/Work Accrue revenue based on events, and bill as work occurs.

Work/Event Accrue revenue as work occurs, and bill based on events.

Work/Work Accrue revenue and bill as work occurs.

Answer : A

* Defining Retention Terms

Retention Terms determine how amounts are withheld from project invoices and how the withheld amounts are billed to the project customer. Retention terms include:

Withholding Terms

Withholding Terms by Expenditure Category

Withholding Terms by Event Revenue Category

Billing Terms

* Witholding Terms

These terms apply to all sources of project invoice amounts for the specified project or top task. For each term, you can define a withholding percentage or amount. Optionally, a threshold amount can be defined to determine the maximum amount to be withheld per term.

Answer : C

You can split an item into two items so that you can process the two resulting split items differently.

For example, you may have an item for 10 hours, of which you want 6 hours to be billable and 4 hours to be non-billable. You would split the item of 10 hours into two items of 6 hours and 4 hours, marking the 6 hours to be billable and 4 hours to be non-billable.

The resulting split items are charged to the same project and task as the original item.

Answer : A, B

Changes to these calendars impact the schedules of the person resources, requirements, and assignments differently. Oracle Project Resource Management provides the following administrative processes to help manage these changes and to maintain consistent schedule information throughout the application:

PRC: Generate Calendar Schedule for a Single Calendar

PRC: Generate Calendar Schedules for a Range of Calendars

PRC: Rebuild Timeline for a Single Resource

PRC: Rebuild Timeline for a Range of Resources