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Home > Oracle > Oracle Certifications > 1Z0-511
Oracle 1Z0-511 Exam Questions & Answers
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Oracle 1Z0-511 Exam Questions & Answers


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  • Vendor: Oracle

    Exam Code: 1Z0-511

    Exam Name: Oracle E-Business Suite (EBS) R12 Project Essentials

    Certification Provider: Oracle

    Total Questions: 70 Q&A

    Updated on: Mar 28, 2025

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1Z0-511 Online Practice Questions and Answers

Questions 1

An employee has entered eight hours of billable time on a project. You want only three hours to be billable and five hours to be nonbillable. What is the adjustment action that should be applied on this expenditure item?

A. Transferthe item.

B. Change the billable status.

C. Split the item.

D. Apply billing hold.

E. Change quantity.

Show Answer

Correct 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.

Questions 2

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?

A. Enable AutoAccountingfor one ClassCode ofaClassCategory.

B. EnableAutoAccountingforall the Class Codes ofaClassCategory.

C. Enable AutoAccounting for the Class Category.

D. Enable AutoAccountingfor both Class Category and Class Code.

Show Answer

Correct Answer: A

*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.

Questions 3

Which statement is true about the use of the calendar assigned to a project?

A. It is thedefault calendar assigned to resource requirements for the project.

B. It isthedefault calendar for the automatic generation of cost forecasts in Financial Plans.

C. It is the default calendar used for determining accounting periods.

D. It is used in the determination of currency exchange rates.

E. It is used by date-dependent system workflows.

Show Answer More Questions

Correct Answer: C

When you implement Oracle Projects, you can select the calendar used to maintain PA periods.

PA Period Type

Specify a Period Type, which is used to copy Project Accounting Periods from the calendar associated with the ledger. If you copy PA Periods from GL, Oracle Projects copies all of the periods of this Period Type to set up the PA Periods.

In a multiple organization environment, the PA Period Type is specified for each operating unit.

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