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NEW QUESTION: 1
A company generates revenue at period end, but bills monthly in arrears. The first project revenue is due to be recognized at the end of May and the first invoice sent to the customer in June. What are the accounting entries at the end of May?
A. Debit: UnbilledReceivablesCredit: Revenue
B. Debit: Unearned RevenueCredit: Revenue
C. Debit: Cost of Goods SoldCredit: Unbilled Receivables
D. Debit: BankCredit: Revenue
E. Debit: RevenueCredit: Accounts PayableLiability Account
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Revenue
Once revenue is created, Oracle Projects runs AutoAccounting to determine the appropriate default accounts. AutoAccounting selects all of the AutoAccounting parameters for each item or event, determines the account coding, validates the account coding against the general ledger, and updates each revenue distribution line with the appropriate default account.
Account Debit Credit
Unbilled Receivables and/or Unearned Revenue200.00
Revenue200.00

NEW QUESTION: 2
How should you configure an external call to work with Custom Object records?
A. Create an external call and set the datatype to Custom Record.
B. Create an external call and set the datatype to Contact, then ensure that linked data objects is selected.
C. Create an external call and set the datatype to Data Card.
D. Create an external call and set the datatype to User.
Answer: A

NEW QUESTION: 3
Which three statements about common and local roles are true?
A. Local roles can be granted only to local users.
B. When a role is granted to a user, the privileges in the role are limited to the context of the PDB.
C. Common roles can be granted to both local and common users.
D. Common roles can be created in the root and PDBs.
E. A user can create common roles if the user has the CREATE ROLE privilege, and SET CONTAINER for all PDBs
Answer: B,C,E

NEW QUESTION: 4
Welches der folgenden Verfahren sollte ein IS-Prüfer ZUERST abschließen, wenn er die Angemessenheit der IT-Leistungsindikatoren (KPIs) bewertet?
A. Überprüfen Sie die KPI-Schwellenwerte.
B. Bestimmen Sie, ob die KPIs IT-Ziele unterstützen.
C. Berechnen Sie unabhängig die Genauigkeit der KPIs.
D. Überprüfen Sie KPIs, die auf eine schlechte IT-Leistung hinweisen.
Answer: B


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L4M4 Exam Info

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L4M4 Exam Topics

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