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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 revenue reviewform to inquire on the amount of revenue raised and invoices raised on aproject
B. the expenditure inquiry to understand the project's revenue position against the invoice position
C. the ProjectStatus Inquiry to review the project's margin figures
D. theinvoice review form to inquire on the amount of revenueraised and invoices raised on project
E. the Project Summary unbilled receivables and unearned revenue report, which will identifyallunearned revenue
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.