Question # 1
| What are the prerequisites for delivering materials from the project? | | A. A delivery document type must be configured
| | B. A sold to party is necessary
| | C. A shipping point is necessary
| | D. A sales order must be created in advance
|
A. A delivery document type must be configured
C. A shipping point is necessary
Question # 2
| Which statement regarding the creation of a new work breakdown structure (WBS element) are true? | | A. You can create several WBS elements per level.
| | B. A new work breakdown structure must contain up to 10 levels. | | C. A WBS element of the new project can be assigned to a different project definition. | | D. WBS element can be a planning element, an account assignment element, and a billing element at the same time. | | E. The WBS structure can contain several level 1 WBS element |
A. You can create several WBS elements per level.
C. A WBS element of the new project can be assigned to a different project definition.
D. WBS element can be a planning element, an account assignment element, and a billing element at the same time.
Question # 3
| Cost and Budget.
What function are available for period end-closing in the project System? | | A. Result analysis | | B. Progress analysis
| | C. Milestone trend analysis
| | D. Settlement
| | E. Confirmation |
A. Result analysis
B. Progress analysis
D. Settlement
Explanation:
Period-end closing is a process that involves various activities to finalize the project costs and revenues at the end of a period. Some of the functions that are available for period-end closing in the Project System are:
Result analysis: This function allows you to calculate the work in process (WIP), reserves, and results for a project based on various methods and valuation rules. Result analysis also updates the financial accounting (FI) and controlling (CO) documents with the calculated values.
Progress analysis: This function allows you to measure and monitor the progress of a project based on various criteria, such as costs, revenues, dates, or quantities. Progress analysis also enables you to compare the planned and actual progress of a project and identify any deviations or delays.
Settlement: This function allows you to transfer the costs and revenues of a project to one or more receivers, such as cost centers, fixed assets, profitability segments, or sales orders. Settlement also clears the balances of the project objects and updates the corresponding accounting documents.
Question # 4
| Which organizational structures are required for network activities? | | A. Controlling area
| | B. Plant | | C. Sales organization
| | D. Company code
| | E. Operating concern
|
A. Controlling area
B. Plant
D. Company code
Explanation:
Controlling area, plant, and company code are some of the organizational structures required for network activities. Controlling area is an organizational unit that represents a closed system for cost accounting purposes. Plant is an organizational unit that represents a location where materials are produced or services are provided. Company code is an organizational unit that represents an independent accounting entity with its own balance sheet and profit and loss statement.
Question # 5
| You are working with networks and WBS elements. Which of the following statements applies | | A. You can reassign an activity from one network to another
| | B. You can assign the network header to multiple WBS elements
| | C. You have to maintain a network profile in the project profile
| | D. You have to activate the operative indicator Account Assignment Element for WBS element with activities. |
C. You have to maintain a network profile in the project profile
Question # 6
| How can the system activate requirements (such as reservations or purchase requisitions)? | | A. Immediately, by saving the project
| | B. Automatically, using the requirement date and the replenishment lead time
| | C. Using a standard milestone activity
| | D. When releasing a network or an activity |
A. Immediately, by saving the project
D. When releasing a network or an activity
Question # 7
| You want to determine the planned costs for an internally processed activity. Which data do you need? | | A. Duration
| | B. Activity type
| | C. Work
| | D. Profit center
|
A. Duration
B. Activity type
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