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Braindumps of MB4-218
Solomon 6.0 Project Management & Accounting

 

Exam Questions, Answers, Braindumps (MB4-218)

Thanks to www.exams.ws and www.examcheats.net .

QUESTION 1
Which of the following system-defined code types used in Timecards for Projects is required under all circumstances?
A. EMPT
B. EARN
C. LABC
D. PSA
Answer: C


QUESTION 2
When Timecard Correction is used to correct a timecard, which of the following is true?
A. The original Timecard will be reversed and a new one will be created. The difference between the original timecard and correction will post into the current period.
B. The original Timecard will be reversed and a new one will be created. The difference between the original timecard and correction will post into the period of the original timecard.
C. The original Timecard will be reversed. A new Timecard, reflecting the actual hours worked, should be created in Timecard Entry.
D. The original Timecard will be reversed. It should be rejected using Time Review & Approval and can then be maintained and re-posted.
Answer: A


QUESTION 3
What is the difference between the Daily and Weekly option for Labor Transactions and Invoice Comments?
A. Selecting Daily allows each day's timecard line items to be posted on a daily basis; selecting Weekly allows timecards to be posted on a weekly basis.
B. Selecting Daily will post one record per project\task\day to the timecard and labor distribution tables; selecting Weekly will summarize by project\task\week.
C. Selecting Daily will post one record for each day worked to the timecard and labor distribution tables; selecting Weekly will summarize by week.
D. Selecting Daily allows a new timecard to be created and posted each day; selecting Weekly allows timecards to be created and posted on a weekly basis.
Answer: B


QUESTION 4
Select all that applies for the purpose of the Transaction Date in Allocation Processor?
A. It is informational only, although required.
B. It is used as the transaction date for the General Ledger batch.
C. It is used as the transaction date for any allocation postings that are summarized or full detail is not checked in Allocation Method Setup.
D. It is used as a cutoff date to process only transactions with a date up to and through the transaction date.
Answer: C


QUESTION 5
What is the purpose of the Transaction Cutoff Date in Allocation Processor?
A. It is informational only, although required.
B. It is used as the transaction date for the General Ledger batch.
C. It is used as the transaction date for any allocation postings that are summarized.
D. It is used as a cutoff date to process only transactions with a date up to and through the transaction date.
Answer: D

MB4-218


 

 

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