Oracle Exam 1Z0-511 Topic 7 Question 72 Discussion

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

Question #: 72
Topic #: 7

You implement Project Manufacturing along with Project Costing for manufacturing company. You define various expenditure types in which few are specific to Project Manufacturing. Identify the three setups that are required to have an expenditure type specific to Project Manufacturing.

ARate Required is enabled for the Expenditure Type.

B'Work In Process' class is associated with the Expenditure Type.

C'Miscellaneous transactions' class is associated with the Expenditure Type.

D'Inventory' class is associated with the Expenditure Type.

ERate Required Is not enabled for the Expenditure Type.

Show Suggested Answer

Suggested Answer: A, B, D

B: Work In Process - This expenditure type class is used for Project Manufacturing WIP transactions that are interfaced from Manufacturing to Oracle Projects. You can also use this expenditure type class when you import other manufacturing costs via Transaction Import or when you enter transactions via pre-approved batch entry.

D: Inventory - This expenditure type class is used for the following transactions:

Project Manufacturing transactions that are interfaced from Manufacturing or Inventory to Oracle Projects.

Oracle Inventory Issues and Receipts that are interfaced from Oracle Inventory to Oracle Projects in a manufacturing or non-manufacturing installation.

You can also use this expenditure type class when you import other manufacturing costs via Transaction Import or when you enter transactions via pre-approved batch entry.

Note:

* If the Rate Required option for the selected expenditure type is enabled in Oracle Projects, then you must enter a quantity. When you interface the invoice distribution to Oracle Projects, Oracle Projects copies the quantity and amount to the expenditure item and calculates the rate. If Rate Required option for the selected expenditure type is disabled, then the quantity of the expenditure item is set to the amount you enter in Oracle Payables.

by Elouise at Sep 18, 2024, 04:11 AM

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Donte

2 months ago

I'm feeling confident about B, C, and D. Gotta love those 'Miscellaneous transactions' - always a wild card in the world of project costing!

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I think the setups required for an expenditure type specific to Project Manufacturing are A, B, and D.

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