Oracle Financial Reporting and Analysis Cloud 2017 Implementation Essentials — Question 24

As you go through the first-quarter close for your customer, you notice that the burden amounts calculated do not seem to be right. Based on the calculations, you notice that the amounts calculated are not considering the burden schedule override at a task level, which was done during the second month of the quarter.
Identify the reason for this problem. (Choose the best answer.)

Answer options

• A. Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
• B. Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
• C. You can enable automatic reprocessing of expenditure items processed before the burden schedule change.
• D. All expenditure items charged to the task use the new burden schedule.

Correct answer: B

Explanation

The correct answer is B because it indicates that while new expenditure items will adopt the new burden schedule, previously processed items can still be manually marked for reprocessing, allowing for proper adjustments. Option A is incorrect as it states that earlier items cannot be reprocessed, which is not true. Option C is also wrong, as it mentions enabling automatic reprocessing, which is not an available feature in this context. Option D is incorrect because it claims all items charged will use the new schedule, which is misleading.