Oracle
1Z0-960 · Question #129
Budgetary control for accounts 5020 and 5021 has a budget of $90,000 USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000…
The correct answer is B. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD. See the full explanation below for the reasoning.
Question
Budgetary control for accounts 5020 and 5021 has a budget of $90,000 USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each. A Fund of $50,000 USD is available for account 5020 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013. Which statement is true?
Options
- AIf you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD,
- BIf you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD,
- CIf you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and
- DThe Encumbrance Year End Carry Forward process will run for all the accounts to carry forward
- EIf you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000
How the community answered
(46 responses)- A4% (2)
- B78% (36)
- C11% (5)
- D7% (3)
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