Oracle 1Z0-511 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z0-511
Exam Name/Title: Oracle E-Business Suite R12 Project Essentials Exam
Certification Provider: Oracle
Corresponding Certification: Oracle Applications

Exam Questions: 70
Updated On: Jul 11, 2026

Question #29

Which three options would result in a billing event being excluded from an invoice?

A. No taskisassigned to the event.

B. The event dateis later than the invoice date when the process for draftinvoicegeneration issubmitted.

C. No event date has been entered.

D. No revenue amount has been entered on the event.

E. The event has been placed on hold.

Discussion 0

Correct Answer: B,C,D Vote an answer

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Question #30

A customer enables transaction controls at the Project level. Oracle Project Costing checks the control when the customer ________.

A. transfers an expenditure item to another task of the same project

B. entersaproject-related invoice distributionin Oracle Payables

C. runs the PRC: Distribute Labor Costs concurrent program

D. runsthe PRC: Transaction Import concurrent program

E. enters an online or preapproved expenditureitem

Discussion 0

Correct Answer: E Vote an answer

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Question #31

Which three statements are correct about defining a cost budget for a project?

A. You can enterbudget amount atthe project level, the top task level, or the lowest task level.

B. Youcan enterbudget amount only at the top task level.

C. You can enterbudget amount for a combination of lowest task and a Non-Labor resource.

D. You can enterbudget amountfora combination of lowest task and a labor resource.

E. Youcan enterbudget amount only at the lowest task level.

F. You cannot enterbudget amount for a combination of lowest task and a Non-Labor resource.

Discussion 0

Correct Answer: A,D,F Vote an answer

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Question #32

A company is using Project Billing. To meet their billing requirements, the company has
Set up various revenue categories. Identify four places where the company can use these revenue categories in Oracle Project.

A. GroupingExpenditureTypes by RevenueCategories.

B. Defining Rate Schedules using Revenue Categories.

C. GroupingEventTypeRevenue Categories.

D. EnteringBudgets using RevenueCategories.

E. Setting up AutoAccountingRules using Revenue Categories.

F. Setting upTransaction Controls using Revenue Categories.

Discussion 0

Correct Answer: A,C,D,E Vote an answer

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Question #33

A new contract project is created for work for a customer by using event-based billing. A decision has been made to give a discount to the customer on a particular invoice. You want to apply this discount and reduce the invoice without affecting revenue.
Which event type should be used to achieve this?

A. Automatic

B. Manual

C. Deferred Revenue

D. Invoice Reduction

E. ScheduledPayment

Discussion 0

Correct Answer: A Vote an answer

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Question #34

A project is enabled for Burdening by setting up a burden schedule at the project type level. A
Miscellaneous expenditure Item Is charged to the project with a raw cost of $100 and expenditure type "Overhead." The "Overheads" expenditure type is excluded from all cost bases in the burden structure.
What happens when the "PRC: Distribute usage and Miscellaneous Costs" program is run for this project?

A. Theprogram completes successfully; Raw Cost =$100, Burden Cost=$0, Total Burdened cost= $0.

B. The program errorswith the message "Missing Expenditure type."

C. The program completes successfully; Raw Cost = $100, Burden Cost=$0,TotalBurdened cost=$100.

D. Theprogram completes successfully; Raw Cost=$100, Burden Cost= $100,TotalBurdened cost=$100.

Discussion 0

Correct Answer: D Vote an answer

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Question #35

You define assets for your project and assign them at the project or task level. What should be the value of "Project Asset Type" to generate asset lines?

A. Built

B. Regenerate

C. As Built

D. Generate

E. Estimated

Discussion 0

Correct Answer: C Vote an answer

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