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Exam Code: L4M1
Exam Name: Scope and Influence of Procurement and Supply
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
Your company has two separate expenditure types to capture straight time and overtime labor transactions across all projects. When running cost distribution for labor transactions, the straight time labor must be charged to a labor expense account and overtime labor costs to an overhead expense account. How would you set up two different expense accounts?
A. Define an AutoAccounting rule to derive account based on expenditure and attach it the AutoAccounting function "Labor Cost Clearing Account."
B. Set up the account at the Labor costing rule definition.
C. Set up the account at the Expenditure type usage definition.
D. Define an AutoAccounting rule to derive account based on expenditure and attach it the AutoAccounting function "Labor Cost Account."
E. Set up the account at the Expenditure type definition.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Implement AutoAccounting to charge appropriate expense accounts
When you implement AutoAccounting, you can charge straight time costs to a labor expense account and overtime costs to an overhead or overtime expense account.
To charge straight time and overtime to different accounts, you define an AutoAccounting rule based on expenditure type, expenditure category, service type, compensation rule, or labor cost multiplier.
Note:
*Labor Cost Account Function
When you run the PRC: Distribute Labor Costs process, Oracle Projects calculates labor cost amounts based upon employee labor cost rates and compensation rules. After calculating labor costs, Oracle Projects uses the Labor Cost Account transactions to debit an expense account for raw labor costs.
*You need to define at least one overtime expenditure type. You use the Expenditure Types window to define overtime expenditure types classified by the Overtime expenditure type class.
NEW QUESTION: 2
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution. Determine whether the solution meets the stated goals.
You have a database that contains a table named Employees. The table stores information about the employees of your company.
You need to implement and enforce the following business rules:
- Limit the values that are accepted by the Salary column.
- Prevent salaries less than $15,000 and greater than $300,000 from being entered.
- Determine valid values by using logical expressions.
- Do not validate data integrity when running DELETE statements.
Solution: You implement cascading referential integrity constraints on the table.
Does the solution meet the goal?
A. Yes
B. No
Answer: A
Explanation:
Explanation
References: https://technet.microsoft.com/en-us/library/ms186973(v=sql.105).aspx
NEW QUESTION: 3
Which four options are overarching categories of physical hardware within the product structure? (Choose four.)
A. JouleX
B. field network
C. IP cameras
D. plant routing
E. plant switching
F. connected safety and security
Answer: B,C,D,E
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