1Z0-511 practice question 11 of 15
A customer wants to make a new classification mandatory on all their new projects. Select the three options that could help them accomplish this.
Full set: 70 questionsNote:
* You define project classifications to group your projects according to categories you define. A project classification includes a class category and a class code. The category is a broad subject within which you can classify projects. The code is a specific value of the category.
* (see step 3 below) Defining class categories and class codes To define class categories and class codes:
1. Navigate to the Class Categories and Codes window.
2. Enter a unique Class Category name and a Description.
3. Specify whether the class category is mandatory for every project you define. Enable if all projects must have a code assigned to this class category. Do not enable if this class category is optional. If you do not enable this option, you cannot use this class category in your AutoAccounting rules.
4. Specify whether you want to use the class category in your AutoAccounting rules. Suggestion: For each project, you can use only one code with one class category for use with AutoAccounting rules. If an AutoAccounting category already exists within a particular date range, assign an end date to the existing AutoAccounting category and then create a new one.
5. Specify whether you want to allow entry of only one class code with this class category for a project.
Note: Defining multiple class codes for one category for a project may affect reporting by class category; defining multiple class codes may cause your numbers to be included more than once.
6. Enter the Name, Description, and Effective Dates for each class code.
7. Save your work.
Reference: Project Classifications (Class Categories and Class Codes)
Keep practicing
Take the free 1Z0-511 practice test
Ten exam-style questions with answers and explanations, plus the exam facts and study guides.
More questions
Other 1Z0-511 practice questions
- Question 1You are setting up an AutoAccounting rule and trying to use "Class Code" as the parameter…
- Question 2Which statement is true about the use of the calendar assigned to a project?
- Question 4A project has been mistakenly set up as a capital project, instead of a contract project.…
- Question 5Which project class type can include revenue budgets?
- Question 6A company has multi-currency projects and tasks. What is the hierarchy in which the curre…
- Question 7A customer is billed using deliverable billing events, which are currently approved by th…
