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Exam 1z0-1080-20 topic 1 question 47 discussion

Actual exam question from Oracle's 1z0-1080-20
Question #: 47
Topic #: 1
[All 1z0-1080-20 Questions]

Revenue planned in Projects is rolled up into Financials for contract projects. How must you set up the modules to share the data? Choose the best answer.

  • A. To capture Project revenue, enable Standard Rates from Projects.
  • B. When enabling Financials, create a custom Project dimension to map the data to.
  • C. In Projects, select an entity and map revenue accounts to Financials accounts for that entity.
  • D. Set up the Contract Revenue Reporting data map to map contract-related revenue to Financials.
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Suggested Answer: B 🗳️
Reference:
https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/integration_scenarios_100xf03cdfeb.html

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Gomez94
Highly Voted 4 years, 1 month ago
Correct Answer: C Explanation: Projects Financials Mapping If you are integrating Projects and Financials, for each Projects account, select the corresponding Financials account from the Smart List. You can do the mapping at No Entity level, the default, which is used if an entity level mapping isn’t set up References: https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/proj_configuring_projects__102xd3782b2d.html
upvoted 7 times
jprmartinho
3 years, 5 months ago
Correct. B is incorrect: If you are integrating Financials with Projects, note that aggregated data for total projects is pushed to Financials. You do not need to add a Project dimension in Financials. from https://docs.oracle.com/en/cloud/saas/planning-budgeting-cloud/epbca/integration_scenarios_100xf03cdfeb.html
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