1Z0-511 Exam: Absolutely Free Online Practice

Question 1
- Identify two ways to ensure that correct class category codes are recorded against relevant projects.
  
  A : Define as single template that has the class category already defined.
  
  B : Define the class category as mandatory on relevant project types.
  
  C : Define the class category as mandatory In the quick entry of the relevant templates.
  
  D :
  Define a project status workflow that checks whether the class category is definedbeforechanging a project status.
  
  E : Includea"Not applicable" code in the class category definition.
  
  Answer: B,C
Question 2
- Which three options would result in a billing event being excluded from an invoice?
  A : No taskisassigned to the event.
  
  B : No event date has been entered.
  
  C :
  The event dateis later than the invoice date when the process for draftinvoicegeneration issubmitted.
  
  D : The event has been placed on hold.
  
  E : No revenue amount has been entered on the event.
  
  Answer: B,C,E
Question 3
- Refer to the exhibit.
  In your company's Expenditure/Event Organization Hierarchy, organization labor costing rules are assigned to all organizations except San Jose. What happens when you run the "PRC: Distribute labor costs" program for a timecard transaction entered by an employee from the San Jose organization?
  
  A :
  Therule assignedfor SanFranciscotakes precedence and the transaction will hesuccessfully a distributed.
  
  B :
  The rule assigned for USA takes precedence and thetransaction will he successfully cost distributed.
  
  C :
  The rule assigned for California takes precedence and the transaction will be successfullycostdistributed.
  
  D :
  The program ignores this transaction, because no labor costing ruleis assigned for San Jose.andcompletesnormally.
  
  E :
  The program completes normally. However, the output will have this transaction under the exceptions sectionwith a message "No Labor costing rule assigned for organization."
  
  Answer: C
Question 4
- What must be defined to enable a company to use an organization for a straight time expenditure?
  
  A : Define the organization with the Following:
  1. Add Cost Centreas the Organization type.
  2. Add an organization classification ofHR Organization.
  3. Add the organizationto anorganization hierarchy.
  
  B : Define the organization with the Following:
  1. Add the organization classifications HR Organization and ProjectExpenditure/Event
  2.Add the organization to anorganizationhierarchy
  3. Add the organization hierarchy to the appropriate Oracleprojectimplementation option setting
  
  C :
  Define the organization with the following:
  1.Add the organization classificationsProject/Task Owning Organization and
  ProjectExpenditure/Event Organization.
  2. Add the organization to an organization hierarchy.
  3.Add the organization hierarchy to the appropriate Oracle project implementation option setting.
  
  D :
  . Define the organization with the following:
  1. Add the organization classifications Project Expenditure/Event Organization.
  2. Add the organization to an organization hierarchy.
  3.Add the organization hierarchy to the appropriate Oracle project implementation option setting.
  
  E : Define the organization with the Following:
  1. Add the organization classifications HR Organization and ProjectExpenditure/Event
  2. Add the organization to an organization hierarchy.
  3. Define Organization Labor Costing Rules.
  
  Answer: E
Question 5
- An organization has agreed to bill rates based on a person's job, which are updated annually. The rates are recorded on a default bill rate schedule that is attached to each project. An employee has and HR assignment job of Consultant. However, the employee is temporarily working on a project as a Project Manager. What is the correct way to ensure that the employee's time is billed correctly?
  
  A : Amend the employee's HR assignment to Project Manager.
  
  B : Add the employee as a separate line to the defaultbill rate schedule.
  
  C : Use the transaction controlfunctionalityat the project level.
  
  D : Use the assignment override at the project level.
  
  E : Use the employee bill rate override at the project level.
  
  Answer: D

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