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Oracle 1Z0-511 Exam - Topic 8 Question 94 Discussion

Actual exam question for Oracle's 1Z0-511 exam
Question #: 94
Topic #: 8
[All 1Z0-511 Questions]

Identify three transactions for which Oracle Project Costing enforces budgetary controls.

Show Suggested Answer Hide Answer
Suggested Answer: A, C, D

Note:

* Enable Budgetary Controls and Encumbrance Accounting

To use budgetary controls, you must implement budgetary control and encumbrance accounting for the ledger in Oracle General Ledger and enable encumbrance accounting in Oracle Payables or Oracle Purchasing. Encumbrance accounting automatically creates encumbrances for requisitions, purchase orders, and invoices.

* PSA: Budgetary Control Report Template

This profile option can be set at the site, application, responsibility, and user levels. You must select Budgetary Control Results Template as the value for this profile option to enable users to view funds check results from Oracle Purchasing and Oracle Payables after a funds check.


Contribute your Thoughts:

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Virgina
3 days ago
A, C, and E seem like the logical choices here.
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Larue
8 days ago
Haha, I bet the Oracle team had a fun time coming up with these options!
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Gilma
30 days ago
The correct answer is A, C, and D.
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Tabetha
1 month ago
I think A, B, and C are the right transactions.
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Cristen
1 month ago
A, C, and E are the correct answers.
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Celia
2 months ago
I think contingent worker purchase orders could be included, but I’m not confident about that. I need to double-check my notes!
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Pearly
2 months ago
I feel like employee timecards might be relevant, but I’m uncertain if they enforce budgetary controls like the purchase orders do.
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Jody
2 months ago
I remember practicing with a question that included expense reports and supplier invoices, but I can't recall if they were part of the budgetary controls.
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Bronwyn
2 months ago
I think project-related purchase requisitions and purchase orders are definitely one of the transactions, but I'm not sure about the others.
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Ty
2 months ago
Got it, I'll go with A, C, and D. Purchase requisitions, supplier invoices, and contingent worker purchase orders are the three transactions where Oracle Project Costing enforces budgetary controls.
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Paola
2 months ago
I think the key is to identify the three transactions that are specifically mentioned in the question. A, C, and D seem like the most likely options.
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Holley
3 months ago
I'm a bit unsure about the contingent worker purchase orders and timecards. Are those also covered under budgetary controls in Oracle Project Costing?
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Theola
3 months ago
Okay, let me see. I know it has to do with transactions related to the project, so I'll focus on purchase orders, expense reports, and invoices.
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Jeanice
3 months ago
Hmm, this seems pretty straightforward. I'll start by thinking about the key areas where Oracle Project Costing enforces budgetary controls.
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