Oracle
1Z0-960 · Question #90
Your customer wants to control spending against an annual budget but report balances on a monthly year-to-date basis. Encumbrance accounting is also in use. What setup is required to achieve this…
The correct answer is A. Create an annual budget with absolute control and so encumbrance accounting will work. See the full explanation below for the reasoning.
Question
Your customer wants to control spending against an annual budget but report balances on a monthly year-to-date basis. Encumbrance accounting is also in use. What setup is required to achieve this requirement?
Options
- ACreate an annual budget with absolute control and so encumbrance accounting will work.
- BCreate a summary budget annually with advisory control and control budget monthly with
- CCreate a Summary budget annually with absolute* control and monthly control budget with
- DCreate two detail control budgets: annually with absolute control and monthly with advisory or
- ECreate two detail control budgets: annually with advisory/track control and monthly with absolute
How the community answered
(21 responses)- A81% (17)
- C5% (1)
- D10% (2)
- E5% (1)
Community Discussion
No community discussion yet for this question.