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Oracle Exam 1Z0-1057-24 Topic 6 Question 8 Discussion

Actual exam question for Oracle's 1Z0-1057-24 exam
Question #: 8
Topic #: 6
[All 1Z0-1057-24 Questions]

Identify the attribute of a project type that determines if expenditure items are billable, and the amount type to be used as the basis for transfer pricing. (Choose the best answer.)

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Suggested Answer: A

In billing, you can use work types to classify work for the following purposes:

To determine the default billable status of expenditure items.

To classify cross-charge amounts into cost and revenue for cross-charge transactions.

Tip: To use work types to determine whether an expenditure item is billable you must set the profile option Work Type Derived for Expenditure Item to Yes.

When you create or import expenditure items, the default work type is inherited from the associated task. Tasks, in turn, inherit work type values from parent tasks and ultimately from the project. Project types determine the default work type value for projects and project templates.

Contribute your Thoughts:

Jutta
9 days ago
Gotta be the cost type, right? That's where all the billing and pricing info is stored.
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Tamie
11 days ago
I agree with Graham, expenditure type makes sense for billable items.
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Graham
13 days ago
I think the answer is D) expenditure type.
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Leonor
19 days ago
I think it's the expenditure type. That determines if the costs are billable and the transfer pricing basis.
upvoted 0 times
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