Oracle Exam 1Z0-511 Topic 3 Question 64 Discussion

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

Question #: 64
Topic #: 3

A customer requires budgetary Integration with General Ledger for what will function as an ''Approved Cost'' budget. The customer also wants project managers to maintain cost budgets derived from the Staffing Plan maintained in the workplan. Which budgeting approach will support this requirement?

AForms based 'Approved Cost' budget and Forms based 'Staffing Plan' budget.

BFinancial Plan-based 'Approved Cost' budget and Financial Plan-based 'Staffing Plan' budget

CForms-based 'Approved Cost' budget and financial Plan-based 'Staffing Plan' budget

DFinancial Plan-based 'Approved Cost' budget and Forms-based 'Staffing Plan' budget

Show Suggested Answer

Suggested Answer: D

by Alline at Jun 20, 2024, 11:53 AM

Limited Time Offer

25%

Off

Get Premium 1Z0-511 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Meaghan

5 months ago

B is the way to go! Financial Plan-based budgets all around for that sweet, sweet GL integration. Plus, who doesn't love a good financial plan, am I right? *winks*

upvoted 0 times

...

Pearly

5 months ago

D, for sure. Financial Plan-based Approved Cost budget and Forms-based Staffing Plan budget. That way, the project managers can maintain their familiar budget format.

upvoted 0 times

Felicidad

4 months ago

It's important to consider the familiarity of the budget format for project managers when making this decision.

upvoted 0 times

...

Twanna

4 months ago

Financial Plan-based Approved Cost budget and Forms-based Staffing Plan budget make sense for project managers.

upvoted 0 times

...

Stephanie

4 months ago

I agree, D seems like the best option for the customer's requirements.

upvoted 0 times

...

Carmen

4 months ago

It's important to consider the familiarity of the budget format for project managers when making this decision.

upvoted 0 times

...

Tomoko

4 months ago

Financial Plan-based Approved Cost budget and Forms-based Staffing Plan budget make sense for project managers.

upvoted 0 times

...

William

4 months ago

I agree, D seems like the best option for the customer's requirements.

upvoted 0 times

...

Terrilyn

5 months ago

I'm not sure, but I think C could also be a valid option.

upvoted 0 times

...

Ivette

5 months ago

I agree with Theron, because financial plan-based budgets would be more suitable for integration with General Ledger.

upvoted 0 times

...

Alayna

5 months ago

Hmm, I'm not sure. Maybe C? Mixing forms-based and financial plan-based budgets could be a way to satisfy the requirements.

upvoted 0 times

Phuong

4 months ago

Let's discuss the pros and cons of each approach before deciding.

upvoted 0 times

...

Callie

4 months ago

Maybe we should consider both options before making a decision.

upvoted 0 times

...

Tyra

4 months ago

I agree, that seems like it could meet the requirements.

upvoted 0 times

...

Willetta

5 months ago

I think C could work, mixing forms-based and financial plan-based budgets.

upvoted 0 times

...

Amie

5 months ago

I think the answer is B. Both the Approved Cost budget and the Staffing Plan budget should be Financial Plan-based to ensure seamless integration with the General Ledger.

upvoted 0 times

Wendell

4 months ago

I think you're right, option B is the best choice for this scenario.

upvoted 0 times

...

Wendell

5 months ago

I agree, option B makes the most sense for seamless integration.

upvoted 0 times

...

Theron

6 months ago

I think the answer is B.

upvoted 0 times

...