Pass the Oracle E-Business Suite Project Management 1z0-511 Questions and answers with ExamsMirror

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Questions # 21:

An organization posts project costs to the balance sheet as they are incurred. Each month they recognize project revenue on each project.

Select the option that ensures that costs are credited from the balance sheet and debited to profit and loss as revenue is recognized.

Use events for project revenue and use GL journals to carry outthe relevant account postings.

Implement a projectrevenue extensionwithappropriate event types and AutoAccountingdefinition.

Usemiscellaneoustransactions to generate revenue with the appropriate AutoAccountingdefinition.

Use preapproved batches with a class type of "Work in Process" to generate revenue withthe appropriate AutoAccounting definition.

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