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Oracle Exam 1Z0-511 Topic 8 Question 83 Discussion

Actual exam question for Oracle's 1Z0-511 exam
Question #: 83
Topic #: 8
[All 1Z0-511 Questions]

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?

Show Suggested Answer Hide 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.


Contribute your Thoughts:

Berry
2 months ago
I think D is the correct answer because we only need one agreement to fund the project.
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Elinore
2 months ago
But with option B, we can fund the project at the top task level.
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Ivan
2 months ago
Option A with top task billing might work, but it feels like it could get a bit complex. I think the agreements in Option B or the AR rule in Option C are cleaner solutions.
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Leonora
19 days ago
Yeah, having one agreement and using an AR rule sounds like a cleaner solution.
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Ena
21 days ago
Creating an invoice grouping rule in Accounts Receivable could simplify the process.
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Nan
22 days ago
I agree, Option B with separate agreements for fixed fee and variable works seems more organized.
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Geoffrey
28 days ago
Option A with top task billing might work, but it feels like it could get a bit complex.
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Jerry
1 months ago
Yeah, having one agreement and using an AR rule sounds like a straightforward approach.
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Mitzie
1 months ago
Creating an invoice grouping rule in Accounts Receivable could simplify the process.
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Vilma
1 months ago
I agree, Option B with separate agreements for fixed fee and variable works seems like a cleaner solution.
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An
2 months ago
Option A with top task billing might work, but it feels like it could get a bit complex.
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Frank
2 months ago
I disagree, I believe the answer is C.
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Caprice
2 months ago
Haha, I can just imagine the customer's face if we tried to use Option D and just fund the whole project with one agreement. That would be a recipe for confusion!
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Tomoko
3 months ago
Hmm, Option E with billing events and separate purchase orders seems a bit overkill for this scenario. I'd go with either B or C.
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Odelia
3 months ago
I'm leaning towards Option C. Using an invoice grouping rule in Accounts Receivable could be a simpler solution than creating multiple agreements.
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Casandra
2 months ago
Using billing events with separate events per purchase order could also be efficient.
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Annette
2 months ago
I think Option B could work too. Creating separate agreements might provide more clarity.
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Elise
2 months ago
Option C sounds like a good idea. It would streamline the invoicing process.
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Walton
3 months ago
Option B seems like the most straightforward approach to handle the separate invoicing requirements. Creating two agreements makes sense to keep the fixed and variable elements distinct.
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Nida
2 months ago
Agree, funding the project at the top task level would help in managing the billing efficiently.
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Maira
2 months ago
Creating two agreements makes sense to keep the fixed and variable elements distinct.
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Lashawn
3 months ago
Option B seems like the most straightforward approach to handle the separate invoicing requirements.
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Elinore
3 months ago
I think the answer is B.
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