Oracle Exam 1Z0-511 Topic 5 Question 71 Discussion

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

Question #: 71
Topic #: 5

[All 1Z0-511 Questions]

Which three options would result in a billing event being excluded from an invoice?

ANo task is assigned to the event.

BNo event date has been entered.

CThe event date is later than the invoice date when the process for draft invoice generation is submitted.

DThe event has been placed on hold.

ENo revenue amount has been entered on the event.

Show Suggested Answer

Suggested Answer: B, C, E

Note:

* Events: To be included on an invoice, an event must meet the following criteria:

/ Event must not be already invoiced

/ (C) Event completion date must be on or before the bill through date

/ Event must be revenue distributed (for write-on revenue events only)

/ If the Date-Effective Funds Consumption option is selected, then the event date must be within the agreement start and expiration dates

* Billing Events: Billing events are events for which there is no associated revenue. Because billing events have not accrued revenue against an agreement, a billing event can be billed against any agreement that has sufficient funding to cover the entire amount of the event (unless an agreement was specified on the event).

by Hyun at Sep 14, 2024, 10:39 PM

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Renato

7 months ago

I disagree. I think options A, C, and D are the ones that would exclude a billing event from an invoice. If no task is assigned, the event date is later than the invoice date, or the event is on hold, it shouldn't be included.

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Denny

7 months ago

I agree with Jamika. If there's no event date, the event date is later than the invoice date, or no revenue amount is entered, it makes sense to exclude it.

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Jamika

7 months ago

I think options B, C, and E would result in a billing event being excluded from an invoice.

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Tegan

7 months ago

Haha, imagine if the event date was in the future compared to the invoice date. That's just asking for trouble! Definitely go with B, D, and E.

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Arthur

6 months ago

Putting the event on hold is another sure way to make sure it doesn't end up on the invoice.

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Ardella

7 months ago

Definitely, not entering a revenue amount on the event would also cause it to be excluded from the invoice.

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Raymon

7 months ago

I agree, having the event date later than the invoice date is a recipe for disaster.

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8 months ago

I think B, D, and E are the correct options. No event date, event on hold, and no revenue amount would all exclude a billing event from the invoice.

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Fausto

7 months ago

Yes, those are the correct options. It's important to make sure all necessary information is entered to avoid exclusions.

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Georgeanna

7 months ago

I agree, no event date, event on hold, and no revenue amount would all exclude a billing event from the invoice.

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