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Oracle Exam 1Z0-511 Topic 3 Question 69 Discussion

Actual exam question for Oracle's 1Z0-511 exam
Question #: 69
Topic #: 3
[All 1Z0-511 Questions]

A company is using Project Billing. To meet their billing requirements, the company has Set up various revenue categories. Identify four places where the company can use these revenue categories in Oracle Project.

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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.


Contribute your Thoughts:

Glenn
9 days ago
I'm going to go with B, D, E, and F as well. Can't believe they're asking about grouping event types by revenue categories - that's just weird!
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Nieves
10 days ago
I agree with Myrtie. Those options make the most sense for using revenue categories in Oracle Project. Setting up transaction controls and grouping event types by revenue categories don't seem relevant to the billing requirements mentioned in the question.
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Vincenza
14 days ago
I believe we can also use revenue categories for defining rate schedules.
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Myrtie
16 days ago
I think the correct answers are B, D, E, and F. The company can use revenue categories to group expenditure types, define rate schedules, set up AutoAccounting rules, and enter budgets.
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Richelle
18 days ago
I agree, it helps in grouping expenditure types as well.
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Lai
29 days ago
I think we can use revenue categories for setting up transaction controls.
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