QUESTION 23
Your organization performs revenue recognition based on the Labor and Non-labor Burden schedule types. Identify the setup required to enable this kind of revenue recognition. (Choose the best answer.)

QUESTION 24
Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?
(Choose two.)

QUESTION 25
Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?
(Choose two.)

QUESTION 26
Your customer has a requirement to import and process third-party transactions that are “costed” and “accounted”.
Which configuration option needs to be set satisfy the requirement? (Choose the best answer.)

QUESTION 27
Which three are true of what you can do in the Project Requirements work area?

QUESTION 28
When setting up capitalization options on a project type, you have decided to enable the Require Complete Asset Definition option. If this option is enabled, the “Transfer Assets to Oracle Fusion Assets” process will place asset lines with complete definition into which queue in Oracle Fusion Assets?

QUESTION 29
Your customer complains that their project resources do not report their time promptly, which has resulted in incorrect reporting of project performance. What should you do to fix this problem? (Choose the best answer.)

QUESTION 30
Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number 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.)

QUESTION 31
Your organization has a requirement to send notifications to the owners of the associated tasks when the status of a deliverable is set to Complete. You have been asked to evaluate generate public events for project deliverable status changes feature to manage this requirement.
Which two statements are true about this feature? (Choose two.)

QUESTION 32
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.)

QUESTION 33
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.)

QUESTION 34
Which component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual?

QUESTION 35
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.)

QUESTION 36
Which two attributes are available while enabling a task as a business object for social networking?

QUESTION 37
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.)

QUESTION 38
Which four standard objects can you configure to include business specific attributes by using Application Composer for Project Execution Management? (Choose four.)

QUESTION 39
Your customer has a requirement to allow adjustment and reversals for transactions imported from an external expense entry system.
Which section on the Manage Project Transaction Sources page will allow you to enable these options?

QUESTION 40
A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:

and accounting entry for invoice is:

What will be the accounting entry when you reclassify the billing offset balances in the first period?

QUESTION 41
You have defined two expenditure types, but they are not available for selection when you enter an expenditure batch. Identify the reason for this problem. (Choose the best answer.)

QUESTION 42
Which two attributes are available while enabling a task as a business object for social networking?

QUESTION 43
Identify three correct statements about project types. (Choose three.)

QUESTION 44
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.)

QUESTION 45
Stigma consulting has been hired by a client to implement Project Management Cloud. Which role should they assign to a user for using the rapid implementation feature to set up the Project Financial Management offering by populating and uploading a Microsoft Excel workbook?

QUESTION 46
Which five steps are required for the File-Based Data Import Integration option?