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Oracle Exam 1Z0-511 Topic 6 Question 80 Discussion

Actual exam question for Oracle's 1Z0-511 exam
Question #: 80
Topic #: 6
[All 1Z0-511 Questions]

An organization has specific departments that manage capital projects. How would you ensure that only these departments own capital projects?

Show Suggested Answer Hide Answer
Suggested Answer: B

1. If you enable the Project Task Owning Organization classification, you must also specify the additional organization information for the classification as follows:

a. Place your cursor on the Project Task Owning Organization classification.

b. Select the Others button.

c. In the Additional Organization Information window, place your cursor in the Project Type Class Information field.

d. In the Project Type Class Information window, enter information for the following fields:

Allow Entry Of Indirect Projects: Select Yes from if you want this organization to own indirect projects.

Allow Entry of Capital Projects: Select Yes from if you want this organization to own capital projects.

Allow Entry of Contract Projects: You must select Yes.

Note: You must select Yes, even though you cannot create contract projects in Oracle Grants Accounting. Oracle Grants Accounting uses contract projects to process revenue and invoices for awards. Oracle Grants Accounting uses an underlying award project to process revenue and invoices. The award project is a contract class project.

e. In the Project Type Class Information window, select the OK button.

f. In the Additional Organization Information window, select the OK button.

g. In the Forms dialog box that asks you if you want to save the changes you have made, select the Yes button to save your work.


Contribute your Thoughts:

Katy
2 months ago
Haha, I bet the exam writers had a field day coming up with these options. Gotta love a good 'capital project' pun, am I right?
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Socorro
22 days ago
D) Use the Project/Task owning organization hierarchy in the implementation options.
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Alonzo
26 days ago
C) Remove the asset definition options from the templates used by departments that are not managing capital projects.
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Moira
1 months ago
B) Use the settings in 'Additional Details' of the Project/Task owning organization classification.
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Aracelis
1 months ago
A) Use the transaction control Functionality at the project level.
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Golda
2 months ago
I prefer option C) removing asset definition options from templates to restrict access to capital projects.
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Vinnie
2 months ago
Option D all the way! Using the project/task org hierarchy seems like the most straightforward approach. No need to reinvent the wheel.
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Tonette
2 months ago
I think option E) setting up a separate organization hierarchy for those departments is the most secure way to manage capital projects.
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Talia
2 months ago
I disagree, I believe option D) using the Project/Task owning organization hierarchy is more effective.
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Arlette
2 months ago
I think Option E is the way to go. Having a separate org hierarchy for capital project departments keeps things nice and tidy.
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Lynsey
2 months ago
Option C looks like the best way to ensure only the right departments can manage capital projects. Removing asset definition options is a simple and effective control.
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Tawna
12 days ago
I think combining options C and D could provide a strong control over capital projects ownership.
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Ressie
13 days ago
Setting up a separate organization hierarchy could be a bit more complex but effective in the long run.
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Gail
17 days ago
Using transaction control functionality at the project level could also help restrict access.
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Leota
1 months ago
I agree, option C seems like a straightforward solution.
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Margot
2 months ago
I agree, removing asset definition options is a straightforward way to control ownership of capital projects.
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Thaddeus
2 months ago
Option C is a good choice. It limits access to only the departments that should be managing capital projects.
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Marshall
2 months ago
I think option A) is the best way to ensure only specific departments own capital projects.
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