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Oracle Exam 1Z0-511 Topic 8 Question 65 Discussion

Actual exam question for Oracle's 1Z0-511 exam
Question #: 65
Topic #: 8
[All 1Z0-511 Questions]

A project manager wants to create a revenue budget based on the project agreement and allocated funding. How can this be achieved?

Show Suggested Answer Hide Answer
Suggested Answer: C

You can automatically create and baseline an Approved Revenue Budget for a project by checking the Baseline Funding without Budget check box in the Project Funding Inquiry window.

Note: Budget/Fund/Bill at Project or Top Task Level

You can create a revenue budget, funding source allocation and project agreement, and perform billing at either the project or the top task level. After you have created an allocation line at either level, you cannot change to another level. For example, if you have created a funding allocation for a top task, you cannot create another funding allocation for the same project without entering a top task.


by Emeline at Jun 30, 2024, 06:10 PM

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Alba
5 months ago
I think option B could also be a valid choice, as it involves system implementation for funding revaluation.
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Alana
5 months ago
I agree with Dolores, option C seems like the most efficient way to create a revenue budget.
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Genevieve
5 months ago
I disagree, I believe the answer is A, by manually creating a revenue budget.
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Dolores
5 months ago
I think the answer is C, as it automatically creates a revenue budget based on project funding.
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Eric
5 months ago
Ah, the age-old question of revenue budgeting. I'd go with C, seems the most straightforward approach. Though setting transaction controls in E could be a fun way to really take control of the finances.
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Clarinda
5 months ago
D looks interesting, but I'm not sure how 'Invoice at top task' would create a revenue budget. I'd stick with C if I were you.
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Adelina
5 months ago
B sounds like it could work, but I'm not sure about the 'Funding revaluation' option. Might be better to go with the automatic option in C.
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Dante
4 months ago
Definitely, it's important to have a reliable system in place for budgeting.
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Thaddeus
4 months ago
That sounds like a more efficient option to ensure accuracy.
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Pete
4 months ago
I agree, but option C might be better since it automatically creates the budget based on project funding.
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Tommy
5 months ago
I think option B could work for creating the revenue budget.
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Chara
5 months ago
I think C is the correct answer. The system should be able to automatically create a revenue budget based on the project funding allocation.
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Ceola
5 months ago
I think so too. It would save a lot of time and ensure accuracy in the budgeting process.
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Dwight
5 months ago
I agree, option C seems like the most efficient way to create a revenue budget.
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