Oracle Financial Reporting and Analysis Cloud 2017 Implementation Essentials — Question 14

Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement. (Choose two.)

Answer options

• A. billing events
• B. bill plan
• C. expenditure items
• D. billing controls
• E. invoice method

Correct answer: D, E

Explanation

The correct answers, billing controls and invoice method, are essential for implementing the Percent Spent invoice approach. Billing controls ensure that the billing process adheres to specified rules, while the invoice method defines how invoices are generated. The other options, while relevant to billing, do not specifically pertain to the Percent Spent calculation requirements.