Last Updated: Sep 09, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Resource and Task Management | 25% | - Project Management
|
| Topic 2: Project Financial Management | 30% | - Project Control
|
| Topic 3: Project Reporting and Integration | 20% | - Project Performance Reporting
|
| Topic 4: Project Foundation Setup | 25% | - Project Foundation Configuration
|
Question 1
Which four standard objects can you configure to include business specific attributes by using Application Composer for Project Execution Management? (Choose four.)
A. Project Milestones
B. Project Gates
C. Project Deliverables
D. Project Resource Assignment
E. Project Resource Request
F. Project Issues
Question 2
Identify two attributes for which you can enter budgets that will be considered for Budgetary Controls in Project Portfolio Management. (Choose two.)
A. project
B. resource
C. project classification
D. expenditure item
E. project plan type
Question 3
Identify the three contract attributes from Project Performance Data that are used in Project Performance dashboard regions. (Choose three.)
A. Contract Line
B. Projects
C. Expenditure Type
D. Contract Header
E. Task
Question 4
Which component of performance measures allows you to select the method that is used to measure accounts such as budget, forecast, and actual?
A. Category Member
B. Accounts Member
C. Time Member
D. Scenario Member
Question 5
A consulting services company is currently working on a business transformation project for your client that spans over 10 months. The total contract amount is 250000 USD. They have generated a revenue of 25000 USD and an Invoice of 10000 USD at the end of the first period.
The accounting entry for revenue is:
and accounting entry for invoice is:
What will be the accounting entry when you reclassify the billing offset balances in the first period?
A. Dr Deferred Revenue 10000 -
Cr Unbilled Receivables 10000
B. Dr Accounts Receivables 10000 -
Cr Unbilled Receivables 10000
C. Dr Unbilled Receivables 10000 -
Cr Accounts Receivables 10000
D. Dr Accounts Receivables 10000 -
Cr Revenue 10000
Solutions:
| Question 1 Answer: A,B,C,F | Question 2 Answer: A,B | Question 3 Answer: A,B,E | Question 4 Answer: B | Question 5 Answer: B |
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