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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. Identify the reason for this problem. (Choose the best answer.)
A) You can enable automatic reprocessing of expenditureitems processed before the burden schedule change.
B) All expenditure items charged to the task use the new burden schedule.
C) Only new expenditure items charged to the task use the new burden schedule; expenditure itemsprocessed earlier cannot be reprocessed.
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. Your company creates a separate project for infrastructure services, so as to track these costs separately and then allocateto various projects that use the services of the infrastructure team. You want to allocate these costs by first attributing a fixed percentage of the source amount to each project and then spread it across tasks based on the actual labor hours charged to each task.
Which allocation basis method would you use to meet this requirement? (Choose the best answer.)
A) target percentage and spread evenly
B) spread evenly
C) target percentage and prorate
D) prorate
3. Which four notification templates are predefined?
A) New Account Manager Template
B) New Account Template
C) Forgot Password Template
D) Forgot Username Template
E) Password Reset Template
4. Whichthreesetups can be configured by using Rapid Implementation for Project Financial Management Applications?
A) Expenditure Types
B) Project Types
C) Project Templates
D) Departments
5. You havedefined two expenditure types, but they are not available for selection when youenter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)
A) The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed.
B) The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed.
C) The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.
D) The two expenditure types are not assigned to the reference data set that is assigned to theproject unitin which the transaction is performed.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A,B,D,E | Question # 4 Answer: A,B,D | Question # 5 Answer: D |
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