Your client has implemented Oracle Cloud Applications with their United States business unit and United Kingdom business unit. After six months, they acquired another company in China and added a China business unit. A project accountant in your organization is authorized to access transactions for the US, UK, and China business units. The project accountant can see the transactions for the US and UK business units but not for the China business unit. Why is he not able to see the transactions for the China business unit? (Choose the best answer.)

• A.The US and UK business units are linked to different ledgers than the China business unit.
• B.The project accountant is not assigned to the external role that grants access to the China business unit.
• C.The application role relevant to the China business unit is not assigned to the project accountant.
• D.The China business unit is associated with a different legal entity than the US and UK business units.

Comment: *

Name: *

Email: *

Verification: *

Your business user has created a purchase order (PO) that has the following attributes:
Accrue at Receipt = Yes
Matching Option = 2 way
Receipt Close Tolerance = 100%
After approval, the PO is closed for receiving without creating a receipt. An AP invoice is created by matching to the PO. The user now runs Create Accounting for Receiving Transactions and then the "Import and Process Cost transactions" ESS (Enterprise Scheduler Service) job using the Transaction Source parameter as "Oracle Payables". The user notices that there is no cost transferred to the projects. Identify two reasons for this problem. (Choose two.)

• A.When you have an AP invoice that is matched against a PO with Accrue at Receipt set to YES, cost is transferred to projects by Cost Management and not by Payables.
• B.When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to project by payables.
• C.When you have an AP invoice that is matched against a PO with Accrue at Receipt set to Yes, cost is transferred to projects only if there are accounted receipt lines.
• D.When you have an AP invoice that is matched against a PO with Accrue at Receipt set to NO, cost is transferred to projects by receipt accounting.

Comment: *

Name: *

Email: *

Verification: *

Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

• A.The current period start date is used for calculating labor demand for the current year.
• B.The current date is used for calculating labor demand for the current year.
• C.The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
• D.The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.

Comment: *

Name: *

Email: *

Verification: *

A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)

• A.Dr Unearned Revenue 40,000Cr Revenue 40,000
• B.Dr Unearned Revenue 40,000Cr Accounts Receivables 40,000
• C.Dr Accounts Receivables 40,000Cr Revenue 40,000
• D.Dr Accounts Receivables 40,000Cr Unbilled Receivables 40,000

Comment: *

Name: *

Email: *

Verification: *

What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)

• A.Manage Project Unit Organizations
• B.Mange Business Unit
• C.Manage Project Organization Classifications
• D.Mange Project Types
• E.Manage Project Unit Options

Comment: *

Name: *

Email: *

Verification: *