Oracle Exam 1Z0-511 Topic 1 Question 3 Discussion

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

Question #: 3
Topic #: 1

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?

ACreate a revenue write-off event for the uncollectable element and interface to General Ledger.

BCreate a negative funding line and assign to the project thus reducing its revenue.

CCreate a cost adjustment on the project using preapproved batches.

DCreate a credit memo in Oracle Projects and interface to Accounts Receivable.

EEnter a transaction control against the expenditure types and regenerate the draft invoice.

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Suggested Answer: A

by Glendora at May 06, 2022, 08:20 PM

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