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Get All Oracle E-Business Suite R12 Project Essentials Exam Questions with Validated Answers
| Vendor: | Oracle |
|---|---|
| Exam Code: | 1Z0-511 |
| Exam Name: | Oracle E-Business Suite R12 Project Essentials |
| Exam Questions: | 70 |
| Last Updated: | August 23, 2026 |
| Related Certifications: | Oracle E-Business Suite |
| Exam Tags: |
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The Profile option "PA: Cross Project User-Update" is set to "Yes" for a Projects module user. Which two statements apply?
PA: Cross Project User - Update: Enables users to update all project information. This applies only to the operating units the responsibility has access to through the MO: Operating Unit profile option or the MO: Security Profile profile option.
Note: Users whose responsibilities are associated with a cross business group access security profile can view and update project and resource information across all business groups in your enterprise.
A customer has gone into bankruptcy and is unable to pay their bills. This means that the project revenue is now overstated. How can the customer reduce the revenue on the project to accurately reflect the amount of collectable revenue?
Which statement is true about the use of the calendar assigned to a project?
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.
A project manager wants to create a revenue budget based on the project agreement and allocated funding. How can this be achieved?
You can automatically create and baseline an Approved Revenue Budget for a project by checking the Baseline Funding without Budget check box in the Project Funding Inquiry window.
Note: Budget/Fund/Bill at Project or Top Task Level
You can create a revenue budget, funding source allocation and project agreement, and perform billing at either the project or the top task level. After you have created an allocation line at either level, you cannot change to another level. For example, if you have created a funding allocation for a top task, you cannot create another funding allocation for the same project without entering a top task.
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?
Structure Integration Setup
If you enable both a workplan structure and a financial structure for your project or project template, you can decide whether or not they are integrated, and if so, to what degree. You do this by choosing one of the following options on the Structures setup page:
* Shared Structures: Enables you to generate a financial structure with a task hierarchy that is fully shared by the workplan structure task hierarchy. Workplan and financial structures are fully shared by default.
* Partially Shared Structures: Enables you to generate a financial structure that is partially shared by the workplan structure hierarchy.
* Non-Shared: Task-Based Mapping: Enables you to map individual workplan structure tasks to individual financial structure tasks.
* Non-Shared: No Mapping: Choose this if you do not want to integrate your project workplan and financial structures in any way.
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