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NEW QUESTION: 1
The Finance Director is concerned that some of his or her project revenue may be overstated. What it should be reviewed to understand the revenue position on each project?
A. the Project Status Inquiry to review the project's margin figures
B. the Project Summary unbilled receivables and unearned revenue report, which will identify all unearned revenue
C. the revenue review form to inquire on the amount of revenue raised and invoices raised on a project
D. the expenditure inquiry to understand the project's revenue position against the invoice position
E. the invoice review form to inquire on the amount of revenue raised and invoices raised on project
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Summarize Unbilled Receivables / Unearned Revenue Balances
The summarize unbilled receivables/unearned revenue balances process creates summary data required for running the UBR and UER reports. The process creates summary balances for draft revenue and draft invoices in Oracle Projects. The process summarizes amounts for draft revenues for which the process PRC: Generate Revenue Accounting Events has successfully generated events. The process summarizes amounts for draft invoices that have been transferred, imported, and successfully tied back to Oracle Receivables.
The unbilled receivables and unearned revenue transactions are summarized by project, by account segment, cost center, and GL period, deriving the summary amounts used in the reports.
NEW QUESTION: 2
Which of the following is the MOST important consideration when developing a Disaster Recovery Plan (DRP)?
A. The cost of downtime
B. A recovery strategy for all business processes
C. The dynamic reconfiguration of systems
D. A containment strategy
Answer: B
NEW QUESTION: 3
After creating backups of critical system and user data, which of the following is the BEST location to store the backups?
A. Locked in a cabinet in the IT Manager's office
B. In the supply closet so anyone can access them if needed
C. At a secure off-site storage facility
D. Near the server for easy access to restore files
Answer: C