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- Question 21
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Question 21/65
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.)
Correct Answer: B
To perform revenue recognition based on the Labor and Non-labor Burden schedule types, you need to create a revenue method with a revenue method classification of Rate Based. This classification allows you to use the burdened cost rates of labor and non-labor resources as the basis for revenue recognition. The burdened cost rates are derived from the burden schedules that are assigned to the project or task. https://docs.oracle.com/en/cloud/saas/project-portfolio-management/20c/oapfm/manage-project-revenue.html#OAPFM2355981
- Question List (65q)
- Question 1: Your organization has created an Enterprise Project Structur...
- Question 2: Identify the precedence order in which cost rates are determ...
- Question 3: Shift is one of the key elements in defining project and res...
- Question 4: Which four notification templates are predefined?...
- Question 5: Which component provides a human workflow service that handl...
- Question 6: Select two correct statements about project classifications ...
- Question 7: Your organization wants to capture the project details for w...
- Question 8: Where is the Allow Override option for the Default Capitaliz...
- Question 9: Which three file-based data imports are available for use in...
- Question 10: You configure one OTBI using Project Cross Subject Area Anal...
- Question 11: Your client has implemented Oracle Cloud Applications with t...
- Question 12: You are trying to create a project purchase order (PO) but y...
- Question 13: Your organization has created an Enterprise Project Structur...
- Question 14: Which three are true of what you can do in the Project Requi...
- Question 15: Which two attributes are available while enabling a task as ...
- Question 16: You create a project schedule with a Shifts element. Identif...
- Question 17: Your business user has created a purchase order (PO) that ha...
- Question 18: Identify the valid approval group type applicable to Oracle ...
- Question 19: Which three are valid password complexity criteria while set...
- Question 20: Your client uses Resource Breakdown Structures (RBS) and Res...
- Question 21: Your organization performs revenue recognition based on the ...
- Question 22: In your customer site, the capitalized interest calculation ...
- Question 23: Which three features are part of Oracle Fusion Functional Se...
- Question 24: Stigma Consulting wants to implement the program management ...
- Question 25: You are implementing Project Portfolio Management for a glob...
- Question 26: Identify three purposes for which the project resource searc...
- Question 27: Your administrator creates maintenance conditions on the Mai...
- Question 28: What are three configuration items that you need to set up b...
- Question 29: Which three are project gate statuses? (Choose three.)...
- Question 30: Your customer started operations and all projects in January...
- Question 31: Your customer wants to generate accounting based on project ...
- Question 32: While opening an organization tree on the Manage Organizatio...
- Question 33: You cannot generate invoices for a project expenditure item....
- Question 34: You want to export your project plan to Oracle Project Finan...
- Question 35: As part of maintaining (importing new employees that were ad...
- Question 36: Your customer wants to automatically allocate unassigned ass...
- Question 37: Which three tasks can be performed using the project require...
- Question 38: You create a contract with two contract lines: Line 1 and Li...
- Question 39: Which application generates external roles to grant both fun...
- Question 40: Your customer wants to calculate Estimate to Complete (ETC) ...
- Question 41: Identify two attributes for which you can enter budgets that...
- Question 42: Which two statements are true about the borrowed and lent cr...
- Question 43: Your customer has a requirement to allow adjustment and reve...
- Question 44: In a Project Draft Invoice preview, quantity (hours) and uni...
- Question 45: Which step within the functional setup manager helps you to ...
- Question 46: Which data format is supported by SOAP Web services to estab...
- Question 47: Your organization has a requirement to create and apply a ne...
- Question 48: When scheduling the Update Project Performance Data process ...
- Question 49: When implementing Project Performance Reporting, your custom...
- Question 50: Select two correct statements about project classifications ...
- Question 51: Your customer wants a team member who is assigned to a proje...
- Question 52: Your customer has different accounting and project accountin...
- Question 53: Where should you specify the Default Capitalized Interest Ra...
- Question 54: You are currently involved in the implementation of the Proj...
- Question 55: Your client organization has recently undergone a restructur...
- Question 56: Which five steps are required for the File-Based Data Import...
- Question 57: Which component of performance measures allows you to select...
- Question 58: Your customer wants a project start date to cascade to the p...
- Question 59: While creating a new project template, you notice that a def...
- Question 60: You have defined two expenditure types but they are not avai...
- Question 61: Your customer has implemented Oracle Project Portfolio Manag...
- Question 62: Select two correct statements about project classifications ...
- Question 63: You have been hired as a project manager for implementing th...
- Question 64: Your organization has been using project class categories an...
- Question 65: Which application generates external roles to grant both fun...
