Question 1

Select two correct statements about project classifications on a template. (Choose two.)

Options :

A : Set Code is not required for a project class category in a project classification.

B : Project Classification is a mandatory field on a project template.

C : When a project is created from a template, the required project classifications must be entered.

D : Project class category in a project classification must be associated with a Set Code.

Answer: A,C

Question 2

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

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

When scheduling the Update Project Performance Data process to run on a periodic basis, whichsummarization method would you select? (Choose the best answer.)

Options :

A : Bulk

B : Detail

C : Incremental

D : Summary

Answer: C

Question 5

You have defined two expenditure types but they are not available for selection when you enter an expenditure batch. What is the reason for this problem?

Options :

A : The two expenditure types are not assigned to the reference data set that is assigned to the project expenditure organization in which the transaction is performed

B : The two expenditure types are not assigned to the reference data set that is assigned to the project unit in which the transaction is performed.

C : The two expenditure types are not assigned to the reference data set that is assigned to the business unit in which the transaction is performed

D : The two expenditure types are not assigned to the reference data set that is assigned to the project-owning organization in which the transaction is performed.

Answer: C