QUESTION NO: 1
Which three are true of what you can do in the Project Requirements work area?
Which three are true of what you can do in the Project Requirements work area?
Correct Answer: A,B,D
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QUESTION NO: 2
In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)
In a Project Draft Invoice preview, quantity (hours) and unit price (bill rate) are shown as fields on the invoice.
Quantity and unit price are then used to calculate the line total, then the total price of the invoice. After the invoice is transferred or created in Receivables, the invoice detail has a quantity of 1, and a unit price equal to the line total. The detailed Unit Price/Quantity does not come through on the Receivables invoice.
Identify the correct statement about details in the receivables invoice. (Choose the best answer.)
Correct Answer: A
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QUESTION NO: 3
While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)
While creating a new project template, you notice that a default Asset Cost Allocation method is being automatically associated. Identify the source setup from which the default value is being inherited. (Choose the best answer.)
Correct Answer: A
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QUESTION NO: 4
When implementing Project Performance Reporting, your customer has the following requirements:
* Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
* As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)
When implementing Project Performance Reporting, your customer has the following requirements:
* Every time a project cost is greater than or equal to a threshold, then the project should be shown as critical.
* As long as a project cost is less than the threshold, the project should be shown as on-track.
Which threshold level rule is ideal for this kind of KPI definition? (Choose the best answer.)
Correct Answer: B
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QUESTION NO: 5
Which application generates external roles to grant both function and data security? (Choose the best answer.)
Which application generates external roles to grant both function and data security? (Choose the best answer.)
Correct Answer: B
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QUESTION NO: 6
Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)
Your customer wants additional project information for detailed account balance maintenance, reconciliation, and reporting. Identify the configuration in subledger accounting that can be set up to fulfill this requirement.
(Choose the best answer.)
Correct Answer: E
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QUESTION NO: 7
A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)
A consulting services company is currently working on a business transformation project for your client, which spans multiple years. At the first period close, the consulting services company has recognized revenue and the accounting entry created is:
Dr Unbilled Receivables 40,000
Cr Revenue 40,000
At the end of the period, the client is sent an associated bill. What would be the corresponding invoice accounting entry? (Choose the best answer.)
Correct Answer: D
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QUESTION NO: 8
While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive.
Identify the two reasons for the organization tree to be in Inactive status. (Choose two.)
While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive.
Identify the two reasons for the organization tree to be in Inactive status. (Choose two.)
Correct Answer: B,D
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QUESTION NO: 9
You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)
You create a project schedule with a Shifts element. Identify two more elements that can be part of a project schedule. (Choose two.)
Correct Answer: D,E
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QUESTION NO: 10
Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page.
An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)
Your administrator creates maintenance conditions on the Maintain Project Enterprise Labor Resources page.
An HCM person is included in a condition with a process order value of 1 and, additionally, there are three other conditions, all with a process order value of 10. Identify two correct statements about the Maintain Project Enterprise Labor Resources process as it relates to process order values. (Choose two.)
Correct Answer: C,D
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