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| Section | Objectives |
|---|---|
| Project Management Overview | |
| Configure Project Billing | |
| Configure Project Control | |
| Configure Project Management | |
| Configure Project Resource Management | |
| Navigation, User Experience, Personalization and Approvals | |
| Common Project Configuration | |
| Applications Security Overview | |
| Configure Project Costing | |
| Configure Project Foundation | |
| Configure Project Performance Reporting | |
| Functional Setup Manager |
1. Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certainnumber of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)
A) time calculation rules
B) time entry rules
C) project time validation rules
D) time audit rules
2. Yourcustomer 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.)
A) Journal Rules
B) Supporting References
C) Accounting Method
D) Accounting Rule
E) Mapping Sets
3. Youare implementing Project Portfolio Management for a global professional services organization. In their Consulting Services line of business, it is common to use resources from different business units based on the skills required. Therefore, cross-chargetransactions happen between business units within the same legal entity.Transfer price calculations need to be based on raw costs, with no further adjustments to transfer price.
Identify two setups that can drive this borrowed and lent agreement. (Choosetwo.)
A) A document entry such asstraight time must be enabledfor cross-charge transactions.
B) Transfer price basis must beRaw Costand calculation method must beBasis Only.
C) Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
D) Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
4. Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost andActual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)
A) Effort
B) Manual Entry
C) Cost
D) Remaining Plan
5. A project administrator is trying toassign a team member for a project but cannot find the person in the team member list on the Project Definition page. What is the reason for this problem? (Choose the best answer.)
A) Theemployee is not assigned with a supervisor.
B) Project roles are not assigned in the project.
C) The employee is not assigned to a department.
D) The employee is not assigned to the project-owning organization.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A,B | Question # 4 Answer: C | Question # 5 Answer: C |
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