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1. 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.
What is the reason for this problem?
A) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier cannot be reprocessed.
B) You can enable automatic reprocessing of expenditure items processed before the burden schedule change.
C) All expenditure items charged to the task use the new burden schedule.
D) Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
2. Which three can be tracked as Status tracking for Project Invoice Approval Notifications? (Choose three.)
A) Date-wise updates to the document
B) Prior actions
C) Pre-approval activities
D) Persons with whom it is still pending approval
E) Person assigned for approval
3. Your customer wants a team member who is assigned to a project to be able to create and submit a forecast, but not to be able to approve the forecast. What is the default project role that you should assign to the person in the project to meet this requirement? (Choose the best answer.)
A) Project Administrator
B) Project Accountant
C) Project Manager
D) Project Application Administrator
4. Your company uses an accounting calendar with periods that are identical to calendar months. A contract resource has been identified to work for six months on an accounting close cycle project. The resource is planned to start with 10 days left in the first period and to end 20 days into the last period. For the remaining periods, the resource must be loaded on all working days of the month. You are required to distribute the budget, forecast, and planning amounts across periods based on the task duration.
Which predefined spread curve must be used to meet this requirement? (Choose the best answer.)
A) Bell Curve
B) S-Curve
C) Back Loaded
D) Daily Spread Basis
E) Even
5. 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.)
A) For the three conditions that have the same process order value of 10, the records are processed in ascending alphabetic order based on the condition name.
B) The process creates a resource by using the condition with a process order value of 1 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
C) The process creates a resource by using the conditions with a process order value of 10 but does not create more than one resource for the same person even if subsequent conditions apply to the person.
D) For the three conditions that have the same process order value of 10, the records are processed in ascending numeric order based on the condition name.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,D,E | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A,B |
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