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NEW QUESTION 54

You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).

Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task 30.

Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)

  • A. Bill set number drives the grouping of transactions.
  • B. Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
  • C. Two invoices are created using the same contract.
  • D. Both the contract lines create only a single invoice because they are using the same contract.

Answer: A,C

Explanation:

Ref: https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJB/F1087456AN1006D.htm What's a bill set?

Transactions originating from different bill plans with the same bill set number on a contract are included on the same invoice. If a contract has multiple bill plans and each have different values for the bill set, Oracle Fusion Project Billing creates a separate invoice for each bill plan

NEW QUESTION 55

Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement. (Choose the best answer.)

  • A. Supporting References
  • B. Journal Rules
  • C. Accounting Rule
  • D. Accounting Method
  • E. Mapping Sets

Answer: A

Explanation:

Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/OAPFM1125357.htm#OAPFM1125357 Assignment of Supporting References Supporting references may be used to capture transaction values on journal entry lines. A supporting reference can be used on a journal entry rule set only if it's assigned a source from the event class of the journal entry rule set.

Creating Supporting References: Explained

Supporting references are used to store additional source information about a subledger journal entry at the line level.

Supporting references with balances establish subledger balances for a particular source and account for a particular combination of supporting references plus the account combination.

For example:

If a journal line contains a supporting reference that includes two sources, Customer Type and Customer Name.

Balances are created for the account combination, plus customer name and customer type.

Examples of how you may want to use supporting reference balances are to:

Facilitate reconciliation back to the subledgers and source systems by tagging journal entries with transaction and reference attributes.

Create balances by dimensions not captured in the chart of accounts.

Reporting using dimensions not captured in the chart of accounts.

Enrich Oracle Fusion Business Intelligence Applications reporting on subledger journals.

Profit and loss balances by dimensions not captured in the chart of accounts Define supporting references to hold additional supporting information for detailed account balance maintenance or reconciliation and reporting requirements.

NEW QUESTION 56

You have been asked to set up one active person, who is not a team member in the project, as a quality manager for each quality task created under projects. However, when you try to assign the quality manager as Task Manager, you cannot find the person's name in the list of values. What is the reason for this problem? (Choose the best answer.)

  • A. The quality manager is not assigned with a supervisor.
  • B. The "Require Task Managers to be Project Team Members" profile option is set to Yes.
  • C. The quality manager belongs to a department that is not associated with the project.
  • D. The "Require Task Managers to be Project Team Members" profile option is set to No.

Answer: B

Explanation:

Ref: https://docs.oracle.com/en/cloud/saas/project-portfolio-management/19a/fapfm/introducing-oracle-project-portfolio-management-cloud-services.html#FAPFM428138 Topic - Project Foundation Profile Options Profile Option Name - Task Managers Must Be Project Team Members Description - Specify whether task managers must be project team members.

Values - No (Default) / Yes

Setup Task Name - Require Task Managers to be Project Team Members

NEW QUESTION 57

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