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1. Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual 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
2. Which three Cost Collection Flexfield core attributes can be derived during import if not explicitly entered in a transaction document?
(Choose three.)
A) Expenditure Type
B) Capitalizable Flag
C) Billable Flag
D) Work Type
E) Funding Source
3. You cannot generate invoices for a project expenditure item. After running the Generate Invoices program for a billable expenditure item and active contract, the process completes successfully but without any billing, and does not provide any error logs.
The program's processing summary is as follows:
Billing Event Errors 0
Ineligible Contracts 0
Successfully Billing Events Created 0
Ineligible Contract Lines 0
Billing Transaction Exception Errors 0
Ineligible Bill Plans 0
Billing Transaction Exception Warnings 0
Ineligible Associated Projects 0
Successful Billing Transactions 0
Ineligible Expenditure Items 0
Draft Invoice Exception Errors 0
Ineligible Events 0
Draft Invoice Exception Warnings 0
Successful Draft Invoices 0
What was the invoice method classification set to that caused this behavior? (Choose the best answer.)
A) As Incurred
B) Percent Complete
C) Rate Based
D) Amount Based
4. Which step within the functional setup manager helps you to move your verified setup data from the test environment to a production environment?
A) Deploying
B) Setting Up
C) Planning
D) Maintaining
E) Opting In
5. You are managing a project based on a Waterfall model. You define a project and a project plan in Oracle Project Management with tasks and subtasks applicable to each of the phases of the project:
Initiation, Discovery, Design, Build, Test, and Deploy. As a project manager, you want to define deliverables for your project requirements that are elucidated during the Discovery phase of your project. You now want to understand how the inheritance between requirements, tasks, and deliverables works.
Which two are correct statements in this scenario? (Choose two.)
A) A deliverable associated with a requirement is not automatically associated with the tasks created for that requirement.
B) You associate a deliverable with a task independent of associating a requirement with a task.
C) The association of a deliverable with a task is dependent on associating a requirement with a task.
D) A deliverable associated with a requirement is automatically associated with the tasks created for that requirement.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,B,C | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A,B |
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