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 #15

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 entered percentage complete progress is captured. Which three Shared Structure relationships will support this requirement?

A. Shared

B. Partially shared

C. Vertical

D. Mapped

E. Not shared

Discussion 0

Correct Answer: A,B,E Vote an answer

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Question #16

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

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

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

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

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

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

Discussion 0

Correct Answer: E Vote an answer

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Question #17

A customer wants to make a new classification mandatory on all their new projects. Select the three options that could help them accomplish this.

A. Define the classification category to allow one code only.

B. Define project status controls to disallow project status changes where classificationcategory codesare missing.

C. Define the classification as Mandatory in theClassification configuration.

D. Define the classification as Mandatory in the Project Type configuration.

E. Define theclassificationas Required on the appropriate project templates in the QuickEntry screen.

Discussion 0

Correct Answer: C Vote an answer

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Question #18

Refer to the exhibit.

In your company's Expenditure/Event Organization Hierarchy, organization labor costing rules are assigned to all organizations except San Jose. What happens when you run the "PRC: Distribute labor costs" program for a timecard transaction entered by an employee from the San Jose organization?

A. The program ignores this transaction, because no labor costing ruleis assigned for San Jose.andcompletesnormally.

B. The rule assigned for California takes precedence and the transaction will be successfullycostdistributed.

C. The rule assigned for USA takes precedence and thetransaction will he successfully cost distributed.

D. The program completes normally. However, the output will have this transaction under the exceptions sectionwith a message "No Labor costing rule assigned for organization."

E. Therule assignedfor SanFranciscotakes precedence and the transaction will hesuccessfully a distributed.

Discussion 0

Correct Answer: B Vote an answer

Question #19

Company ABC wants to deploy workplan task structures where the lowest tasks represent deliverables. They want to collect costs at a level higher than the lowest tasks for groups of deliverables. Which two task structure relationships are available for them to consider?

A. Define the structures as Fully Shared.

B. Utilize Task-based mapping structures.

C. Definethe structures as Partially shared.

D. Defineaseparate branch of task hierarchy for deliverables.

E. Define a separate branch of task hierarchy for cost collection.

Discussion 0

Correct Answer: B,D Vote an answer

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Question #20

A company generates revenue at period end, but bills monthly in advance. The customer is invoiced in April with project starting in May and the first project is due to be recognized at the end of May. What are the accounting entries at the end of May?

A. Debit: Cost of Goods SoldCredit: Unbilled Receivables

B. Debit:ReceivableCredit: Unearned Revenue

C. Debit: BankCredit: Revenue

D. Debit: Unearned RevenueCredit: Revenue

E. Debit:ReceivableCredit:Bank

Discussion 0

Correct Answer: B Vote an answer

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Question #21

Your organization has configured employee rate schedules. Which three schedules can utilize employee rate schedules when delivering a project?

A. Bill rate schedules

B. Resource class rate schedules

C. Cost rate schedules

D. Job rate schedules

E. Planning schedules

Discussion 0

Correct Answer: A,C,E Vote an answer

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