Oracle Exam 1Z0-511 Topic 5 Question 54 Discussion

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

Question #: 54
Topic #: 5

[All 1Z0-511 Questions]

Which statement is true about the use of the calendar assigned to a project?

AIt is the default calendar assigned to resource requirements for the project.

BIt is the default calendar for the automatic generation of cost forecasts in Financial Plans.

CIt is the default calendar used for determining accounting periods.

DIt is used in the determination of currency exchange rates.

EIt is used by date-dependent system workflows.

Show Suggested Answer

Suggested Answer: C

When you implement Oracle Projects, you can select the calendar used to maintain PA periods.

PA Period Type

Specify a Period Type, which is used to copy Project Accounting Periods from the calendar associated with the ledger. If you copy PA Periods from GL, Oracle Projects copies all of the periods of this Period Type to set up the PA Periods.

In a multiple organization environment, the PA Period Type is specified for each operating unit.

by Cecil at Jun 22, 2022, 08:40 AM

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