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 arevenue method with a revenue method classification of Rate Based.
• B.Create a revenue method with a revenue method classification of Amount Based.
• C.Create a revenue method classification with a revenue method of Percent Complete.
• D.Create a revenue method classification with a revenue method of Percent Spent.

Comment: *

Name: *

Email: *

Verification: *

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.Transfer price basis must beRaw Costand calculation method must beBasis Only.
• B.Transfer price basis must be Burdened Cost, and calculation method must be Burden Rate Schedule.
• C.A document entry such asstraight time must be enabledfor cross-charge transactions.
• D.Transfer price basis must be Raw Cost and calculation method must be Rate Schedule.

Comment: *

Name: *

Email: *

Verification: *

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

• A.Import Options
• B.Document Options
• C.Transaction Source Options
• D.Document Entry Options

Comment: *

Name: *

Email: *

Verification: *

Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displayslabor demand information. (Choose the best answer.)

• A.The current period start date is used for calculating labor demand for the current year.
• B.The current date is used for calculating labor demand for the current year.
• C.The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
• D.The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year 2015.

Comment: *

Name: *

Email: *

Verification: *

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.)

• A.Only new expenditure items charged to the task use the new burden schedule; expenditure itemsprocessed earlier cannot be reprocessed.
• B.Only new expenditure items charged to the task use the new burden schedule; expenditure items processed earlier can be manually marked for reprocessing.
• C.You can enable automatic reprocessing of expenditureitems processed before the burden schedule change.
• D.All expenditure items charged to the task use the new burden schedule.

Comment: *

Name: *

Email: *

Verification: *