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1. Select the- option that accurately completes this sentence.
Eligible revenue is calculated using the formula __________
A) Potential Revenue Amount* (Contribution percentage/l00)
B) Potential Amount * Transfer Price Schedule Markup percentage/l00
C) Qualified Revenue Amount* (Contribution percentage/100)
D) Potential Amount * (Transfer Price Schedule Markup percentage/100) * Transferprice rule markup percentage/100)
2. Identify four predefined "Resource Classes" to spread curves can be assigned.
A) Material Items
B) Equipment
C) Labor
D) Financial Resource
E) Usage
3. CORRECT TEXT
Select the correct option to fill in the blank below.
If revenue is recognized before billing, the accounting entry that gets triggered would be _________.
A) Option A
B) Option B
C) Option D
D) Option C
4. Choose the correct statement related to the project start and end dates.
A) If the task dates roll up the task hierarchy automatically, then the project dates cannot be edited.
B) If the task dates roll up the task hierarchy automatically, then the project dates can be edited.
C) In an auto roll up of task dates, the project start date does not coincide with the earliest task.
D) In an auto roll up of task dates, the project start date does not coincide with the latest task finish date.
5. Identify two reference data objects for which the default set assignments can be done for a project unit set determinant.
A) Project Definition
B) Project Accounting Definition
C) Project Transaction Types
D) Project Rates
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,C,D,E | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: B,C |
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