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splitQ21. Your company has two separate expenditure types to capture straight time and overtime labor transactions across all projects. When running cost distribution for labor transactions, the straight time labor must be charged to a labor expense account and overtime labor costs to an overhead expense account. How would you set up two different expense accounts? A. Set up the account at theEx
splitQ11. You have defined a Non-Labor resource "Mini Truck" with an expenditure type "Vehicle" that has a rate of $100. This resource is attached to three Non-Labor resource organizations: "Construction-East," "Construction-West," and "Construction-Central." How do you set up a rate of $150 for usage charges when the "Mini Truck" owned by "Construction-Central" is charged to a project? A. In t
splitQ1. A company generates revenue at period end, but bills monthly in advance. The customer is invoiced in April with project starting in May and the first project is due to be recognized at the end of May. What are the accounting entries at the end of May? A. Debit: Cost of Goods SoldCredit: Unbilled Receivables B. Debit: Unearned RevenueCredit: Revenue C. Debit:ReceivableCredit:Bank D. D
splitQ31. A company is using Project Billing. To meet their billing requirements, the company has Set up various revenue categories. Identify four places where the company can use these revenue categories in Oracle Project. A. Setting upTransaction Controls using Revenue Categories. B. GroupingExpenditureTypes by RevenueCategories. C. GroupingEventTypeRevenue Categories. D. Defining Rate Sch