NEW QUESTION NO: 6
You create a contract with two contract lines: Line 1 and Line 2. You create separate bill plans: A for contract Line 1 and B contract for Line 2, with a different bill set number (11 for Bill Plan A and 22 for Bill Plan B).
Then Bill Plan A is allocated against Project X - Task 10, and Bill Plan B is allocated against Project Y - Task 30.
Based on the preceding setup, you are generating invoices. Identify two correct statements about invoice generation in this scenario. (Choose two.)
A. Invoice generation does not depend on bill plan. The invoices are created based on the contract line.
B. Bill set number drives the grouping of transactions.
C. Two invoices are created using the same contract.
D. Both the contract lines create only a single invoice because they are using the same contract.
Answer: A,C

NEW QUESTION NO: 7
You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300
Contract Amount: USD 1000
Project Funded Amount: USD 750
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details.
(Choose the best answer.)
A. USD 184
B. USD 134
C. USD 120
D. USD 70
Answer: B

NEW QUESTION NO: 8
What are three configuration items that you need to set up by using the Project Organizations functional area in Project Financial Management configurations? (Choose three.)
A. Manage Project Unit Organizations
B. Mange Business Unit
C. Manage Project Organization Classifications
D. Mange Project Types
E. Manage Project Unit Options
Answer: B,C,D
Explanation/Reference:
Reference https://docs.oracle.com/cd/E60665_01/projectcs_gs/OAPFM/F1125343AN100B5.htm

NEW QUESTION NO: 9
As part of maintaining (importing new employees that were added last week) project enterprise labor resources in your organization, you submit the Maintain Project Enterprise Labor Resources process to create and update resources based on changes in HCM. You define maintenance conditions on the Manage Project Enterprise Labor Resource page to process both employees and contingent workers.
(Choose the best answer.)
A. Pool Membership
B. attributes that the project enterprise resources are assigned after creation
C. Jobs
D. Person Type
Answer: B
Explanation/Reference:
Reference https://docs.oracle.com/cloud/farel8/projectcs_gs/OAPEX/F1082603AN23E61.htm

NEW QUESTION NO: 10
Your customer wants a project start date to cascade to the project tasks, but does not want the finish date to be cascaded. Identify the default setup in a project template that can be used to enable this. (Choose the best answer.)
A. Cascade change to the start date.
B. Do not cascade date changes.
C. Cascade change to the finish date.
D. Cascade change to the start date and the finish date.
Answer: B
Explanation/Reference:
Reference http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20384/F552279AN65801.htm

NEW QUESTION NO: 11
Your client is involved in automation control systems installation. Over the years, they have analyzed their total project spend on specific resource classes. They have identified that their cost spread distribution factor on a 10 spread point scale resembles: 0-4-10-11-14-13-10-4-0-0.
Identify two ways to handle this kind of a spread on their budgets and forecasts. (Choose two.)
A. Use the predefined S-Curve spread with small deviations on the spread points.
B. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to the resource class.
C. Create a new spread curve or edit an existing spread curve to exactly match the spread points and attach to a project template.
D. Use the predefined Bell Curve spread with small deviations on the spread points.
Answer: B,D

NEW QUESTION NO: 12
Your customer accounts revenue based on product class category. Because all your customer's projects are funded by private and government institutions, they decide to classify all projects based on their funding source to accurately report on revenue in General Ledger. Accordingly, you create a new class category "Funding Source", and assign it to all projects. However, you notice that the accounting is still happening based on product class category.
Identify the reason for this problem. (Choose the best answer.)
A. Product class category is not enabled for "available as accounting source".
B. Funding source class category is not enabled for "available as accounting source".
C. Funding source class category is assigned to all project types.
D. Funding source class category is enabled for "available as accounting source".
Answer: A

NEW QUESTION NO: 13
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.)
A. Accounting Method
B. Journal Rules
C. Supporting References
D. Accounting Rule
E. Mapping Sets
Answer: C
Explanation/Reference:
Reference https://docs.oracle.com/cloud/latest/projectcs_gs/OAPFM/
OAPFM1125357.htm#OAPFM1125357

NEW QUESTION NO: 14
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.)
A. Create a revenue method with a revenue method classification of Rate Based.
B. Create a revenue method classification with a revenue method of Percent Complete.
C. Create a revenue method with a revenue method classification of Amount Based.
D. Create a revenue method classification with a revenue method of Percent Spent.
Answer: A

NEW QUESTION NO: 15
You are set up as a Follower in Manage Tasks. Which two abilities can you accomplish? (Choose two.)
A. Enter progress for tasks.
B. Receive email notifications about changes that team members make to a task.
C. View task details and the task activity stream.
D. Edit task details.
Answer: B,C
Explanation/Reference:
Reference https://docs.oracle.com/cd/E48434_01/fusionapps.1118/e49889/F1122098AN1340E.htm

NEW QUESTION NO: 16
You are 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-charge transactions 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. (Choose two.)
A. Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.
B. Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
C. Transfer price basis must be Raw Cost and calculation method must be Basis Only.
D. A document entry such as straight time must be enabled for cross-charge transactions.
Answer: B,D