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Oracle Exam 1Z0-511 Topic 8 Question 55 Discussion

Actual exam question for Oracle's 1Z0-511 exam
Question #: 55
Topic #: 8
[All 1Z0-511 Questions]

What type of project will a company require to use Organization Forecasting?

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Suggested Answer: A

Note:

* Compute Forecast Labor Revenue

This process calculates the potential revenue of labor expenditure items based on established bill rates and markups. The expenditure items that the process selects are billable labor expenditure items charged to contract projects that have not yet been processed by the Generate Draft Revenue process. The items do not have to be approved to be processed for forecast revenue.


by Penney at Feb 08, 2024, 09:12 PM

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Aaron
10 months ago
I believe Organization Planning Projects are more focused on overall strategic direction, which is crucial for accurate forecasting.
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Lenora
10 months ago
That's a good point, Jacinta. Capital projects can definitely impact forecasting as well.
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Jacinta
10 months ago
But wouldn't a capital project also be important for forecasting financial needs?
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Aaron
10 months ago
I agree with Lenora. An Organization Planning Project would make the most sense for accurate forecasting.
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Lenora
10 months ago
I think a company would need an Organization Planning Project for Organization Forecasting.
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Honey
10 months ago
Hmm, interesting point Eloisa. A capital project could provide valuable financial data for forecasting.
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Eloisa
10 months ago
I believe a capital project may also be needed for organization forecasting.
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Ilene
10 months ago
I agree with Honey, Organization Planning Project makes sense for accurate forecasting.
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Honey
1 years ago
I think a company will require an Organization Planning Project for Organization Forecasting.
upvoted 0 times
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