Microsoft-Microsoft Dynamics AX 2012 R2 Project Set 1

Which statement about the effective labor rate (ELR) feature is true?

What is the purpose of the My Delegates feature?

Based on which method do time and material projects create invoices?

Your company negotiates a project contract worth 120,000 USD with a customer. To maintain an acceptable profit margin,the budget for the project is set at 85,000 USD. The project manager wants to manage the project as three related subprojects,so you divide the total budget into 25,000 USD,40,000 USD,and 20,000 USD. When you create the root project,you create the original budget and submit the budget to workflow for approval. How should you manage the budgeting for the entire project hierarchy?

Your company invoices in U.S. dollars on a project for a company whose currency is euros. To avoid any issues with currency exchange rate fluctuations,you agree on a fixed currency exchange rate for invoices. How should you set up the project?

You need a quick snapshot view of a project's progress. Which form should you use?

Which statement for both the cost and the time project types is true?

You work with a fixed-price project. To which process do the completed contract and completed percentage assessment principles relate?

You enter and post a vendor invoice. You do not know to which project to allocate the expenses. You need to ensure that the vendor invoice will be posted with basic information and transferred to an invoice pool for approval. Which method of managing incoming invoices should you use?

You set up project management and accounting. You need to represent the types of costs and revenues that are defined for all projects in your entire organization. Which item should you create to organize categories?