Question 1

Your customer has different accounting and project accounting periods, and sometimes enters invoices with an invoice date in the open project accounting and closed accounting periods. Which two statements are true about how project accounting and accounting dates will be populated in such invoices? (Choose two.)

Options :

A : Accounting date is the same as the original invoice date.

B : Project accounting date is the same as the original invoice date.

C : Project accounting date is the first day of the first open project accounting period.

D : Project accounting date is the last day of the open project accounting period.

E : Accounting date is the first day of the first open accounting period.

Answer: A,B

Question 2

What is the precedence order in which cost rates are determined for a planning resource when deriving raw costs for rate-based planning resources?

Options :

A : Resource class rate schedule > Override rate > Job rate schedule > Person rate schedule

B : Override rate > Job rate schedule > Resource class rate schedule > Person rate schedule

C : Person rate schedule > Job rate schedule > Resource class rate schedule > Override rate

D : Override rate > Person rate schedule > Job rate schedule > Resource class rate schedule

E : Job rate schedule > Resource class rate schedule > Override rate > Person rate schedule

Answer: D

Question 3

You are currently involved in the implementation of the Project Financial Management solution for your client organization. Your client organization has two main lines of business: Consulting and Support. Consulting Services and Support Services organizations have different project planning, management, analysis and reporting requirements for the projects that they manage, though the management reporting and transaction processing requirements are the same for both the organizations. What will be your recommendation?

Options :

A : Define One Business Unit and Two Project Units

B : Define Two Business Units and Two Project Units

C : Define One Business Unit and Three Project Units

D : Define Two Business Units and One Project Unit

Answer: A

Question 4

After completing setups in a source environment, your customer wants to move the setup data to a targetenvironment. Identify the two statements related to task list scope, which you must consider before taking adecision based on the customer requirement. (Choose two.)

Options :

A : Exported setup data can be filtered by specific scope values if the business object has scope enabled for the setup data export.

B : Exported setup data cannot be filtered by specific scope values if the business object has scope enabled for the setup data export.

C : A scope value is used to assign users who can perform a task within an implementation project.

D : A task list can be segmented by a scope value and a task can be performed for each qualifying value of the selected object.

Answer: A,D

Question 5

Your organization has a requirement to retrieve the value of the cost center segment based on the department.Which source can you use while defining the account rule to achieve this requirement?

Options :

A : Project Organization Cost Center Segment

B : Expenditure Business Unit Cost Center Segment

C : Event Organization Cost Center Segment

D : Expenditure Organization Cost Center Segment

Answer: A