Oracle Exam 1Z0-511 Topic 3 Question 66 Discussion

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

Question #: 66
Topic #: 3

A project is undertaken for a customer where all labor costs are non-billable, and Non-Labor costs are billable if the accumulated costs incurred are greater than $10k. How can Oracle Projects be implemented to support this?

AUse transaction controls to restrict billing to Non-Labor elements and to calculate the bill amounts on Non-Labor.

BUse transaction controls to billing Non-Labor elements, capture the value on the project, and then use the Non-Labor billing extension to calculate when an activity is billable.

CCreate an agreement and funding for $10k only, and fund only those tasks on a project where you estimate to incur costs of $10k or more.

DUse the cost-to-cost billing extension to build billing rules to meet the requirement.

EUse the cost accrual extension.

Show Suggested Answer

Suggested Answer: C

Note:

* Allow Revenue Budget Entry. Indicates if you allow entry of revenue budget types. You may choose to not allow entry of revenue budgets for indirect or capital projects. You must enter a revenue budget for a contract project before it can accrue revenue and be billed.

by Karrie at Jul 08, 2024, 12:52 AM

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25%

20 days ago

Option B seems like the way to go. It allows me to capture the non-labor costs and use the billing extension to calculate when it's billable. Seems like the most straightforward solution.

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Elly

4 days ago

Using transaction controls for billing non-labor elements and then calculating when it's billable with the extension does seem like a simple and effective solution.

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Mohammad

6 days ago

I agree, Option B sounds like the best approach for this scenario.

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Merri

8 days ago

Option B seems like the way to go. It allows me to capture the non-labor costs and use the billing extension to calculate when it's billable. Seems like the most straightforward solution.

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Barrie

21 days ago

I disagree, I believe option B is more suitable. It captures the value on the project and calculates when an activity is billable.

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Glendora

22 days ago

I think option A is the best choice. It restricts billing to Non-Labor elements and calculates the bill amounts accurately.

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