Oracle Exam 1Z0-511 Topic 11 Question 67 Discussion

Actual exam question for Oracle's 1Z0-511 exam

Question #: 67
Topic #: 11

A project manager wants to create a revenue budget based on the project agreement and allocated funding. How can this be achieved?

Aby manually creating a revenue budget

Bby selecting Funding revaluation in the system implementation options.

Cby selecting the 'baseline project without budget' option, which will create a revenue budget automatically based on project funding

Dby selecting Invoice at top task for the project

Eby setting transaction controls

Show Suggested Answer

Suggested Answer: C

You can automatically create and baseline an Approved Revenue Budget for a project by checking the Baseline Funding without Budget check box in the Project Funding Inquiry window.

Note: Budget/Fund/Bill at Project or Top Task Level

You can create a revenue budget, funding source allocation and project agreement, and perform billing at either the project or the top task level. After you have created an allocation line at either level, you cannot change to another level. For example, if you have created a funding allocation for a top task, you cannot create another funding allocation for the same project without entering a top task.

by Launa at Jul 16, 2024, 08:30 AM

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Larue

2 days ago

I heard the project manager is planning to create the revenue budget by rolling a dice and going with whatever number comes up. Innovative, I tell you!

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Kristofer

17 days ago

Ah, the age-old question of revenue budgets. I say we just throw darts at the options and see what sticks. Saves time, and who needs a budget anyway? The project manager can just wing it, right?

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