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1. Using Oracle Time and Labor, your client wants to put in a validation process that allows only a certain number of maximum hours an employee can charge in a day, and a minimum of hours he or she can report in a week.
What feature would you use to meet this requirement? (Choose the best answer.)
A) time entry rules
B) time calculation rules
C) time audit rules
D) project time validation rules
2. While opening an organization tree on the Manage Organization Trees page, you notice that the hierarchy status is displayed as Inactive. Identify the two reasons for the organization tree to be in Inactive status. ( Choose two.)
A) You opened the hierarchy by clicking the name.
B) You used Create Tree in the action menu.
C) You used Create Tree Version in the action menu.
D) You used View Tree Version in the action menu.
E) You selected the Edit icon for opening the hierarchy.
3. Your customer wants to perform billing based on the Percent Spent invoice method. Identify two setups that are required in project contracts for calculating invoice amounts as per their requirement. (Choose two.)
A) billing events
B) expenditure items
C) billing controls
D) invoice method
E) bill plan
4. Green House Corporation has decided to enable the budgetary control feature for their projects. At which two levels will they be able to enter the amounts in the budget versions for these projects?
(Choose two.)
A) Task
B) Project
C) Top resource
D) Expenditure Type
E) Expenditure Category
5. 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 classification with a revenue method of Percent Spent.
B) Create a revenue method classification with a revenue method of Percent Complete.
C) Create a revenue method with a revenue method classification of Rate Based.
D) Create a revenue method with a revenue method classification of Amount Based.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B,C | Question # 3 Answer: C,E | Question # 4 Answer: A,B | Question # 5 Answer: C |
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