You need to generate a report to analyze the costs and revenues by project for a specified date range. Which report should you select? A. Project profit and loss B. Project cash flow C. Project transactions D. Project WIP

You set up project management and accounting. You need to represent the types of costs and revenues that are defined for all projects in your entire organization. Which item should you create to organize categories? A. Shared category B. Expense…

You enter and post a vendor invoice. You do not know to which project to allocate the expenses. You need to ensure that the vendor invoice will be posted with basic information and transferred to an invoice pool for approval.…

Which two statements about project hierarchies are true? (Each correct answer presents part of the solution. Choose two.) A. Only the parent project can be used for invoicing. B. Subprojects must be configured with the same project type. C. Subprojects…

You need to change the project sales tax group for a posted expense transaction on a fixed-price project. Which two statements are true? (Each correct answer presents part of the solution. Choose two.) A. You can change the project sales…

Which three fields are specified when configuring a project contract? (Each correct answer presents part of the solution. Choose three.) A. Invoice frequency B. Line property C. Project type D. Sales currency E. Sales tax group

You work with a fixed-price project. To which process do the completed contract and completed percentage assessment principles relate? A. Posting revenue B. Transferring costs from balance sheet to profit and loss accounts C. Posting costs D. Accumulating costs in…

Which two statements about a header project are true? (Each correct answer presents a complete solution. Choose two.) A. Transactions cannot be posted to a header project. B. A header project is designated by the Project group field. C. Each…

Which statement for both the cost and the time project types is true? A. Both allow registering hour transactions. B. Both allow capitalizing on balance sheet accounts. C. Both allow registering expense transactions. D. Both allow posting hour transactions on…

You need a quick snapshot view of a project’s progress. Which form should you use? A. Invoice control B. Project statements C. Cash flow D. Cost control