Oracle Exam 1Z0-511 Topic 3 Question 69 Discussion

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

Question #: 69
Topic #: 3

Your company has set up the burdening functionality to capture the overheads incurred on all projects. They have decided to store these overhead costs as a separate expenditure item on the same project and also charge it to a separate expense account. Which step would you perform to set up the required expense account?

ASet up the account at the expenditure type defined for the Burden transaction.

BSet up the Total Burdened Cost Credit AutoAccounting function.

CSet up the Burden Cost Account AutoAccounting function.

DSet up the Burden Cost Clearing Account AutoAccounting function.

ESet up the account at the expenditure category defined for the Burden transaction.

Show Suggested Answer

Suggested Answer: A

Storing Burden Costs as a Separate Expenditure Item on the Same Project

You can choose to hold the burden cost components as a separate expenditure item on the same project. The expenditure items storing the burden cost components are identified with a different expenditure type that is classified by the expenditure type class Burden Transaction.

by Jacob at Aug 24, 2024, 01:44 AM

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Titus

2 months ago

Ha, this question is a real burden! I'd have to say C is the answer, though. Gotta love that Burden Cost Account AutoAccounting.

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Hubert

2 months ago

This is a tricky one, but I'm going with E. Setting up the account at the expenditure category defined for the Burden transaction is the way to do it.

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Kenda

2 months ago

I see your point, but I still think D) Set up the Burden Cost Clearing Account AutoAccounting function is the best choice.

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Bettina

2 months ago

Actually, I think E) Set up the account at the expenditure category defined for the Burden transaction is the way to go.

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Yesenia

2 months ago

I disagree, I believe C) Set up the Burden Cost Account AutoAccounting function is the correct step.

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Mollie

2 months ago

I think A) Set up the account at the expenditure type defined for the Burden transaction.

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Ellsworth

3 months ago

D seems like the right choice to me. The Burden Cost Clearing Account AutoAccounting function is the way to go.

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Letha

2 months ago

C) Set up the Burden Cost Account AutoAccounting function.

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Breana

2 months ago

B) Set up the Total Burdened Cost Credit AutoAccounting function.

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Dallas

2 months ago

A) Set up the account at the expenditure type defined for the Burden transaction.

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Marshall

3 months ago

I think option A is the best choice because it directly links the expense account to the burden transaction.

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Denae

3 months ago

I believe option C, setting up the Burden Cost Account AutoAccounting function, is the right choice.

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Sylvia

3 months ago

I agree with Yolande, setting up the account at the expenditure type makes the most sense.

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Yolande

4 months ago

I think the correct step is to set up the account at the expenditure type defined for the Burden transaction.

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Thaddeus

4 months ago

I think C is the correct answer. The Burden Cost Account AutoAccounting function is the step to set up the required expense account.

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Melodie

2 months ago

No, that would not be necessary. The Burden Cost Account AutoAccounting function is sufficient for setting up the required expense account.

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Lorean

2 months ago

Should we also consider setting up the account at the expenditure type defined for the Burden transaction?

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Rodrigo

3 months ago

Yes, you are right. Setting up the Burden Cost Account AutoAccounting function is the correct step.

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Berry

3 months ago

I think C is the correct answer.

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