How to Prepare for 1Z0-511 exam on Oracle E-Business Suite (EBS) R12 Project Essentials

1Z0-511 Certification Guide and How to Crack Exam on Oracle E-Business Suite (EBS) R12 Project Essentials

1Z0-511 PRACTICE TEST AND PREPARATION GUIDE

Get complete detail on 1Z0-511 exam guide to crack Oracle E-Business Suite (EBS) R12 Project Essentials. You can collect all information on 1Z0511 tutorial, practice test, books, study material, exam questions, and syllabus. Firm your knowledge on Oracle E-Business Suite (EBS) R12 Project Essentials and get ready to crack 1Z0-511 certification. Explore all information on 1Z0-511 exam with number of questions, passing percentage and time duration to complete test.

Oracle E-Business Suite (EBS) R12 Project Essentials - 1Z0-511

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How to Prepare for 1Z0-511 Oracle EBusiness Suite (EBS) R12 Project Essentials Certification?

Oracle E-Business Suite (EBS) R12 Project Essentials (1Z0-511) preparation guide helps you to get focused on exam. This guide also helps you to be on 1Z0-511 exam track to get certified with good score in final exam.

1Z0-511 Oracle E-Business Suite (EBS) R12 Project Essentials Exam Summary Exam Name

Oracle E-Business Suite (EBS) R12 Project Essentials

Exam Code

1Z0-511

Exam Product Version

SQL and PL/SQL

Exam Price

USD $245 (Pricing may vary by country or by localized currency)

Duration

120 Mins

Number of Questions

70

Passing Score

63%

Validated Against

This exam is validated against R12.

Format

Multiple Choice

Recommended Training

Oracle E-Business Suite R12.1 Projects Essentials Implementation Boot

Schedule Exam

Pearson VUE - Oracle

Oracle E-Business Suite (EBS) R12 Project Essentials Questions

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Oracle E-Business Suite (EBS) R12 Project Essentials - 1Z0-511

Sample Questions

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1Z0-511 Oracle E-Business Suite (EBS) R12 Project Essentials Certification Sample Questions

Recommended Practice

1Z0-511 Online Practice Exam

Exam Syllabus: 1Z0-511 Oracle E-Business Suite (EBS) R12 Project Essentials Subject Project Foundation: Implementation Options

Project Foundation: Fundamentals

Project Costing: Implementation Options

Project Costing: Fundamentals

Sub Topic - Configure System Implementation Options - Set up Currency Options - Describe the use and implementation of Periods and Calendars - Describe the use and functioning of People and Roles - Choose Project Structures - Describe the uses and implementation of Project Types and Project Templates - Explain Project and Task Fundamentals - Create Organizations - Use Rates - Describe the use and implementation of User Defined Attributes - Describe the use and implementation of Project and Organization Security - Integrate with other Oracle Applications - Describe the use and functioning of Organization Forecasting - Define Expenditure and Revenue Categories - Define Expenditure Types - Describe the use and implementation of Transaction Controls - Perform Accounting for Costs: SLA vs AA - Describe the use and functioning of Transaction Sources - Describe the use and implementation of Allocations - Utilize Cross Charges

Oracle E-Business Suite (EBS) R12 Project Essentials Questions

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Oracle E-Business Suite (EBS) R12 Project Essentials - 1Z0-511

Project Billing: Implementation Options

Project Billing: Fundamentals

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- Use Burden Costing - Set up Labor and Non-Labor Costing - Describe the use and functioning of Preapproved Expenditure Batches - Describe the use and implementation of Expenditure Adjustments - Utilize Cost Budgets - Explain Budgetary Controls and Budget Integration - Create Asset Capitalization - Integrate with other Applications - Configure Multi Currency Billing - Perform Accounting for Revenue and Billing - Describe the use and functioning of Inter Project Billing - Set up Customer Billing Retention - Describe the use and functioning of Intercompany Billing - Configure Agreements and Funding - Describe the purposes and implementation of Revenue Budgets - Use Projects Revenue - Perform Invoicing - Describe the use and implementation of Events - Set up Contract Projects - Describe the use and functioning of Billing Extensions - Integrate with other Applications

Oracle 1Z0-511 Certification Sample Questions and Answers To make you familiar with Oracle E-Business Suite (EBS) R12 Project Essentials (1Z0511) certification exam structure, we have prepared this sample question set. We suggest you to try our Sample Questions for Oracle OCA 1Z0-511 Certification to test your understanding of Oracle 1Z0-511 process with real Oracle certification exam environment.

1Z0-511 Oracle E-Business Suite (EBS) R12 Project Essentials Sample Questions 01. A client requires a project definition that allows for charging expenditures to the project at a higher Work Breakdown Structure level than where the manually

Oracle E-Business Suite (EBS) R12 Project Essentials Questions

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Oracle E-Business Suite (EBS) R12 Project Essentials - 1Z0-511

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entered percentage complete progress is captured. Which three Shared Structure relationships will support this requirement? a) Shared b) Partially shared c) Mapped d) Not shared e) Vertical 02. A customer requires budgetary Integration with General Ledger for what will function as an “Approved Cost� budget. The customer also wants project managers to maintain cost budgets derived from the Staffing Plan maintained in the work plan. Which budgeting approach will support this requirement? a) Forms based "Approved Cost" budget and Forms based "Staffing Plan" budget. b) Financial Plan-based "Approved Cost" budget and Financial Plan-based "Staffing Plan" budget c) Forms-based "Approved Cost" budget and financial Plan-based "Staffing Plan" budget d) Financial Plan-based "Approved Cost" budget and Forms-based "Staffing Plan" budget 03. Identify the four different levels where transaction controls are defined. a) Expenditure Categories b) Expenditure Organization c) Employee d) Project Organization e) Expenditure Type f) Person Type 04. Which project class type can include revenue budgets? a) Capital b) Indirect c) Contract d) Capital and Indirect e) Capital and Contract 05. Which three statements are true about Multi-Currency Billing?

Oracle E-Business Suite (EBS) R12 Project Essentials Questions

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Oracle E-Business Suite (EBS) R12 Project Essentials - 1Z0-511

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a) Agreements, Events, and Bill Rates have to be in the same current as the Project Functional Currency. b) Agreements, Events, and Bill Rates can all be different currencies than the Project Functional Currency. c) The Project Currency can be different from the Functional Currency of the operating unit that owns the project. d) The Project Currency has to be the same as the Functional Currency of the operating unit that owns the project. e) An agreement can fund invoices in more than one currency.

06. You are setting up an Auto Accounting 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 Auto Accounting for one Class Code of a Class Category. b) Enable Auto Accounting for all the Class Codes of a Class Category. c) Enable Auto Accounting for the Class Category. d) Enable Auto Accounting for both Class Category and Class Code.

07. Your client has expressed a desire to produce and summarize invoice lines for Non-Labor transactions by type of expenditure based on high level tasks of the project. Which invoice formal grouping should he used to achieve this? a) Top Task, Expenditure Type b) Top Task, Employee c) Revenue Category, Expenditure Category, Top Task d) Top Task, Expenditure Category e) Top Task, Revenue Category, Expenditure Category, Expenditure Type 08. Your company wants to define all its equipment’s as Non-Labor resources to track the cost incurred on the usage of these equipment’s, 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 with Expenditure Type Class as Work in Process b) Expenditure type defined with Expenditure Type Class as Burden transactions c) Expenditure type defined with Expenditure Type Class as Supplier Invoices

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Oracle E-Business Suite (EBS) R12 Project Essentials - 1Z0-511

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d) Expenditure type defined with Expenditure Type Class as Miscellaneous Transactions e) Expenditure type defined with Expenditure Type Class as Usages 09. Your organization has configured employee rate schedules. Which three schedules can utilize employee rate schedules when delivering a project? a) Job rate schedules b) Planning schedules c) Cost rate schedules d) Bill rate schedules e) Resource class rate schedules 10. 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) In the Non-Labor resources setup, select the "Construction-Central" organization and enter a rate of $150. c) Create a new rate schedule with a rate of $150 for "Mini Truck" and attach it to the project. d) Create a new rate schedule with a rate of $150 for "Mini Truck" and attach it to "Construction- Central." e) Write custom code in Non-Labor cost override extension.

Solutions:

QUESTION: 01 QUESTION: 02 QUESTION: 03

QUESTION: 04 QUESTION: 05

Answer: a, b, d Answer: d

Answer: c

Answer: a, c, d, e

Answer: b, c, e

QUESTION: 06 QUESTION: 07 QUESTION: 08

QUESTION: 09 QUESTION: 10

Answer: a

Answer: b, c, d Answer: d

Answer: a

Answer: d

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Oracle E-Business Suite (EBS) R12 Project Essentials - 1Z0-511

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How to Register for 1Z0-511 Oracle E-Business Suite (EBS) R12 Project Essentials Exam? ● Purchase exam voucher from Oracle University ● Register for exam at PearsonVue or locate a test center near you.

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