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1Z0-964 by Oracle - Page 1 | ExamCademy

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Question 3

A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)

A Dr Unearned Revenue 40,000 Cr Accounts Receivables 40,000
B Dr Accounts Receivables 40,000 Cr Unbilled Receivables 40,000
C Dr Accounts Receivables 40,000 Cr Revenue 40,000
D Dr Unearned Revenue 40,000

Question 4

You search for resources to fulfill a project resource request but are unable to proceed after receiving the following error message: "The search for resources cannot be completed because the project resource search index is not available. Contact your help desk."
Identify the cause for this error message. (Choose the best answer.)

A The index is not in the process.
B The index has been built.
C The index is in the process of being updated.
D The most recent update of the index finished successfully.

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You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300

Contract Amount: USD 1000 -

Project Funded Amount: USD 750 -
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

A USD 184
B USD 120
C USD 134
D USD 70

What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations?
(Choose three.)

A Manage Project Unit Organizations
B Mange Business Unit
C Manage Project Organization Classifications
D Mange Project Types
E Manage Project Unit Options