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Oracle Exam 1Z0-511 Topic 11 Question 68 Discussion

Actual exam question for Oracle's 1Z0-511 exam
Question #: 68
Topic #: 11
[All 1Z0-511 Questions]

An organization has specific departments that manage capital projects. How would you ensure that only these departments own capital projects?

Show Suggested Answer Hide Answer
Suggested Answer: B

1. If you enable the Project Task Owning Organization classification, you must also specify the additional organization information for the classification as follows:

a. Place your cursor on the Project Task Owning Organization classification.

b. Select the Others button.

c. In the Additional Organization Information window, place your cursor in the Project Type Class Information field.

d. In the Project Type Class Information window, enter information for the following fields:

Allow Entry Of Indirect Projects: Select Yes from if you want this organization to own indirect projects.

Allow Entry of Capital Projects: Select Yes from if you want this organization to own capital projects.

Allow Entry of Contract Projects: You must select Yes.

Note: You must select Yes, even though you cannot create contract projects in Oracle Grants Accounting. Oracle Grants Accounting uses contract projects to process revenue and invoices for awards. Oracle Grants Accounting uses an underlying award project to process revenue and invoices. The award project is a contract class project.

e. In the Project Type Class Information window, select the OK button.

f. In the Additional Organization Information window, select the OK button.

g. In the Forms dialog box that asks you if you want to save the changes you have made, select the Yes button to save your work.


Contribute your Thoughts:

Jill
3 months ago
I think option C) removing asset definition options from templates is also a valid approach to restrict ownership of capital projects.
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Malcom
3 months ago
I personally prefer option E) setting up a separate organization hierarchy for the departments managing capital projects.
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Samuel
3 months ago
I agree with Ulysses, using transaction control functionality at the project level seems like a secure method.
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Ulysses
3 months ago
I think option A) is the best way to ensure only specific departments own capital projects.
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Mitsue
3 months ago
I think option C) removing asset definition options from templates used by non-capital project departments is also a valid approach to restrict ownership.
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Ressie
3 months ago
I prefer option E) setting up a separate organization hierarchy for the departments managing capital projects. It provides clear separation.
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Carin
3 months ago
I bet the correct answer involves using a magical crystal ball to determine which departments can have capital projects. That's the kind of thing they'd throw in there to really mess with us.
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Tammara
2 months ago
E) Set up a separate organization hierarchy for the departments that are managing capital projects.
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Lashanda
3 months ago
B) Use the settings in 'Additional Details' of the Project/Task owning organization classification.
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Marisha
3 months ago
Wait, is this a trick question? What if the answer is 'all of the above'? You know how these exam questions can be sometimes!
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Malika
3 months ago
B) Use the settings in 'Additional Details' of the Project/Task owning organization classification.
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Laurena
3 months ago
A) Use the transaction control Functionality at the project level.
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Craig
3 months ago
I agree with Tricia, using transaction control functionality at the project level seems like a secure method.
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Tricia
4 months ago
I think option A) is the best way to ensure only specific departments own capital projects.
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Lonny
4 months ago
Option A with the transaction control functionality? Sounds a bit like overkill to me. I'd keep it simple and go with B or E.
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Tammi
4 months ago
You know, I was considering option C, but removing asset definition options from non-capital project departments seems a bit heavy-handed. I'd go with D instead.
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Luis
3 months ago
Using the transaction control functionality at the project level could also help in restricting ownership to specific departments.
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Telma
4 months ago
I think setting up a separate organization hierarchy for capital project departments would also be a good solution.
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Wei
4 months ago
I agree, using the Project/Task owning organization hierarchy is a more efficient way to ensure only specific departments own capital projects.
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Carissa
4 months ago
Option E looks interesting, setting up a separate organization hierarchy for the capital project departments. That could really help streamline the process.
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Ashlyn
4 months ago
I think option B is the way to go. Using the settings in 'Additional Details' seems like a straightforward approach to controlling project ownership.
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Dorothy
3 months ago
I think a combination of both options B and A could provide a comprehensive approach to managing capital project ownership.
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Rosann
4 months ago
That's true, using transaction control at the project level could be another effective method to restrict ownership.
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France
4 months ago
But what about using the transaction control functionality at the project level? Wouldn't that also help in controlling ownership?
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Alva
4 months ago
I agree, option B does seem like a simple way to ensure only specific departments own capital projects.
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