1Z0-511 Oracle E-Business Suite R12 Project Essentials Exam Exam

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Question: 2

Identify two predefined transaction sources that Oracle Projects uses to import the transactions generated within Oracle Projects.

  1. Oracle Interproject Supplier Invoices
  2. Oracle Projects Intercompany Supplier Invoices
  3. Project Allocations
  4. Capitalized Interest
  5. Oracle Interprojed Customer Invoices


Answer: C,D

Explanation:

Oracle Projects uses predefined transaction sources to import project allocations and capitalized interest transactions that it generates internally.

Reference: Oracle Projects Implementation Guide, Transaction Sources

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Question: 5

You are setting up an AutoAccounting rule and trying to use “Class Code” as the parameter for that rule. Which setup must exist in order to use “Class Code” as one of the parameters?

  1. Enable AutoAccountingfor one ClassCode ofaClassCategory.
  2. EnableAutoAccountingforall the Class Codes ofaClassCategory.
  3. Enable AutoAccounting for the Class Category.
  4. Enable AutoAccountingfor both Class Category and Class Code.


Answer: A

Explanation:

*AutoAccounting Parameter: ClassCode

AutoAccounting class code on the project.

Note: Since you can define many project classification categories, the Class Code parameter always corresponds to the one classification category that you specified as the AutoAccounting classification category.

Reference: Oracle Projects Implementation Guide

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Question: 2

Identify two predefined transaction sources that Oracle Projects uses to import the transactions generated within Oracle Projects.

  1. Oracle Interproject Supplier Invoices
  2. Oracle Projects Intercompany Supplier Invoices
  3. Project Allocations
  4. Capitalized Interest
  5. Oracle Interprojed Customer Invoices


Answer: C,D

Explanation:

Oracle Projects uses predefined transaction sources to import project allocations and capitalized interest transactions that it generates internally.

Reference: Oracle Projects Implementation Guide, Transaction Sources

Question: 5

You are setting up an AutoAccounting rule and trying to use “Class Code” as the parameter for that rule. Which setup must exist in order to use “Class Code” as one of the parameters?

  1. Enable AutoAccountingfor one ClassCode ofaClassCategory.
  2. EnableAutoAccountingforall the Class Codes ofaClassCategory.
  3. Enable AutoAccounting for the Class Category.
  4. Enable AutoAccountingfor both Class Category and Class Code.


Answer: A

Explanation:

*AutoAccounting Parameter: ClassCode

AutoAccounting class code on the project.

Note: Since you can define many project classification categories, the Class Code parameter always corresponds to the one classification category that you specified as the AutoAccounting classification category.

Reference: Oracle Projects Implementation Guide