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Exam Code: PDI

Exam Name: Platform Developer I (PDI)

Certification Provider: Salesforce

Related Certification: Platform Developer I (PDI)

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NEW QUESTION: 1
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: Unearned RevenueCredit: Revenue
B. Debit:ReceivableCredit:Bank
C. Debit:ReceivableCredit: Unearned Revenue
D. Debit: BankCredit: Revenue
E. Debit: Cost of Goods SoldCredit: Unbilled Receivables
Answer: C
Explanation:
Invoice
When you run the program to interface invoices to Oracle Receivables, Oracle Projects runs AutoAccounting to determine the appropriate default accounts. If the invoice fails AutoAccounting, then the program marks the draft invoice with an error. See: Overview of AutoAccounting, Oracle Projects Implementation Guide.
The following table shows entries Oracle Projects creates when the Interface Invoices to Oracle Receivables process is run:
AccountDebitCredit Receivables200.00 Unbilled Receivables and/or Unearned Revenue200.00
Reference:
Oracle Project Billing User Guide

NEW QUESTION: 2
What CO used be used as business value entry points when developing an Acquire. Grow. Retain
customer solution?
A. Business process operations, infrastructure, and asset efficiency
B. Planning and performance management, disclosure management and financial close
C. Personalization, profit ability
D. Harness and analyze all data, govern and protect ad data
Answer: B


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