Oracle Exam 1Z0-511 Topic 4 Question 75 Discussion

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

Question #: 75
Topic #: 4

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 Esteban at Sep 18, 2024, 11:42 AM

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Billy

2 months ago

Option E, all the way. Set up that account at the expenditure category, and let the numbers do the talking. Gotta keep those overhead costs nice and organized, am I right?

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Tamesha

1 months ago

I agree, it's important to have everything organized when it comes to tracking expenses on projects.

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Justine

1 months ago

Definitely! Setting up the account at the expenditure category makes it easier to track and manage those overhead costs.

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Dorinda

1 months ago

Option E, all the way. Set up that account at the expenditure category, and let the numbers do the talking. Gotta keep those overhead costs nice and organized, am I right?

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Alex

2 months ago

Ha! Burden transactions, huh? Sounds like a real party over there. I'm just going to go with whatever option has the least amount of 'burden' in the name. C'mon, who wants to deal with that kind of negativity?

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Leatha

2 months ago

Hmm, I'd say D is the way to go. That Burden Cost Clearing Account AutoAccounting function sounds like the perfect place to keep all those pesky overhead costs. Keeps 'em separate, you know?

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Kelvin

1 months ago

User 3: Agreed, it will help keep the overhead costs separate and organized.

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Pok

1 months ago

User 2: Yeah, the Burden Cost Clearing Account AutoAccounting function seems like the right choice.

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Maile

2 months ago

I think D is the best option for setting up the expense account.

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Delila

2 months ago

Option C seems like the way to go. Gotta set up that Burden Cost Account AutoAccounting function, right? Keeps things nice and tidy on the books.

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Allene

1 months ago

Agreed, it's important to have a clear expense account for burden costs.

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Novella

2 months ago

Definitely, it ensures that the burden costs are accounted for accurately.

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Earnestine

2 months ago

It helps in capturing and tracking the overhead costs separately.

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Krissy

2 months ago

Yes, setting up the Burden Cost Account AutoAccounting function is the correct step.

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Elina

2 months ago

I'm not sure, but I think setting up the Burden Cost Account AutoAccounting function could also be a valid option. It might help in segregating the overhead costs effectively.

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Charlene

3 months ago

I agree with Hermila. Setting up the account at the expenditure type makes the most sense for tracking overhead costs.

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Hermila

3 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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