Free Oracle 1Z1-511 Exam Dumps Questions & Answers

An organization has specific departments that manage capital projects. How would you ensure that only these departments own capital projects?

• A.Use the settings in "Additional Details" of the Project/Task owning organization classification.
• B.Use the transaction control Functionality at the project level.
• C.Use the Project/Task owning organization hierarchy in the implementation options.
• D.Remove the asset definition options from the templates used by departments that arenot managing capital projects.
• E.Set up a separate organization hierarchy for the departments that are managing capital projects.

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.

You have defined a Non-Labor resource "Mini Truck" with an expenditure type "Vehicle" that has a rate of $100. This resource is attached to three Non-Labor resource organizations: "Construction-East," "Construction-West," and "Construction-Central."
How do you set up a rate of $150 for usage charges when the "Mini Truck" owned by "Construction-Central" is charged to a project?

• A.In the Project setup, enter a rate of $150 for"Construction-Central"in the organization overrides.
• B.Write custom code in Non-Labor cost override extension.
• C.Create a new rate schedule with a rate of $150 for"Mini Truck"and attach it to the project.
• D.In the Non-Labor resources setup, select the"Construction-Central"organization and enter a rate of $150.
• E.Create a new rate schedule with a rate of $150 for"Mini Truck"and attach it to"Construction-Central."

In which two circumstances would it be appropriate to deselect the "Interface Revenue to GL" option in System Implementation Options, before you run the Interface to GC?

• A.When Revenuewas generated in errorforallprojects in Released status, and needs to becorrected.
• B.During data migration ifRevenue is already in General Ledger
• C.When Revenueis handled in Accounts Receivable
• D.When Financewants to reconcile Unbilled Receivables/Unearned Revenue
• E.WhenAutoAccounting isincorrect and the Revenue interfacing to GeneralLedger needs to be puton hold.

Your company wants to define all its equipments as Non-Labor resources to track the cost incurred on the usage of these equipments, when defining the equipment. When defining the equipment as a Non-Labor resource in the system, you need to assign an expenditure type to it. What kind of expenditure type to it. What kind of expenditure type can be assigned to a Non-Labor resource?

• A.expenditure type defined withExpenditure Type Class as Supplier Invoices
• B.expenditure type defined with ExpenditureType Class as Burden transactions
• C.expenditure type defined withExpenditureType Class as Work in Process
• D.expenditure type defined with Expenditure Type Class as Miscellaneous Transactions
• E.expenditure type defined with Expenditure Type Class as Usages