Oracle Exam 1Z0-511 Topic 1 Question 26 Discussion

Actual exam question for Oracle's 1Z0-511 exam

Question #: 26
Topic #: 1

A project has two customer billing elements. One part of the project is based on a fixed fee and the other part is a variable based on a cost plus basis. The customer requires separate invoices for fixed fee elements and variable works elements. How can agreements be used to provide separate invoices?

ACreate each element as a top task and implement top task billing for the project.

BCreate each element as a top task on the project and create an agreement for variable works and one for fixed fee. Then fund the project at the top task level.

CHave one agreement and create an invoice grouping rule in Accounts Receivable.

DCreate one agreement and fund the project.

EUse billing events and create separate events per purchase order.

Show Suggested Answer

Suggested Answer: B

One Customer, Multiple Agreements

Use multiple agreements when you have one customer, but a requirement to create a separate invoice for each top task.

You can use this method to accrue revenue cost-to-cost or impose hard or soft revenue limits by task, as well as automatically create separate invoices by task.

To create separate invoices by task, you must use a different agreement to fund each task. If you use more than one agreement for a single task, the agreements are used according to the precedence described earlier for projects.

by Ezekiel at May 03, 2022, 04:49 AM

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