H12-221_V2.5 Exam Questions and Answers

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A project manager would like to find out how much event revenue was accrued against a project up to and including a specific date. Where would this information be available?
A. Accrued revenue withinExpenditure Inquiry Form
B. Revenue ReviewForm
C. Events form within Project Status Inquiry
D. ReviewProjectFundingForm
Answer: C
Project Status Inquiry
You can quickly and easily review the current status of a project, and then drill down for a more detailed review of the project and its tasks. It enables you to search for a project using search criteria. You can review project, task, and resource summary amounts, and actual and commitment amounts using a different resource list.
Oracle Projects maintains various levels of project summary amounts for cost, commitment, revenue, and budget amounts by project, task, and resource. You can review project summary amounts to quickly determine the status of a project, such as reviewing the current and originalbudgeted amounts and compare them to actual and commitment amounts. You can drill down to see summary amounts for the resources of the project or the selected task. You can select a resource list by which you want to view actuals and budgets. In addition, you can export project status inquiry data into an Excel spreadsheet for further analysis.

Which statement is true about selecting a bank account on the Create Payment page?
A. LE on the bank account should be different from the LE on the invoice.
B. LE on the bank account should be equal to LE on the invoice.
C. Users can pick any bank account as long as the bank account is tied to the business unit.
D. There is no relationship between the business unit, bank, and LE. Users can pick any bank account that is setup in their system.
E. Bank account must match the supplier's bank account.
Answer: B
Note: LE = legal entity

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