Microsoft Solomon 6.0 Project Management and Accounting Set 6

1.

How is the amount of a salaried exempt (S1) employee's cost that is posted to a project calculated (assume no overtime is recorded)?

The total hours worked on that project, divided by the total hours worked for the week, multiplied by the amount in the Employee Position/Rate Maintenance Salary field. The amount in the Employee Position/Rate Maintenance salary field, multiplied by the Salary Factor forthe appropriate week in Week Maintenance, divided by the total hours worked and multiplied by the hours worked on that project. The regular hours worked on that project, divided by the total regular hours worked for the week,multiplied by the employee's amount in the Employee Position/Rate Maintenance Salary field. Overtime hours are excluded. The regular hours worked on that project and overtime hours are multiplied by the hourly rate andovertime rate.

2.

How does the Pay Labor Interface post when interfaced to an External File?

A comma-delimited file posts, in ADP format, to the Solomon IV TMExtracts directory for timecards up to and through the selected Fiscal Period. A comma-delimited file posts to the Solomon IV TMExtracts directory for timecards up to and throughthe selected Fiscal Period. A comma-delimited file posts, in ADP format, to the Solomon IV TMExtracts directory for timecards upto and through the selected Week Ending date. A comma-delimited file posts to the Solomon IV TMExtracts directory for timecards up to and throughthe selected Week Ending date.

3.

What will result if the option to Require Use of Time Detail Screen is selected in Time & Expense Setup?

You will be unable to open the timecard entry screen. Transactions from Time Detail will be summarized in Timecard Entry. Time Detail screen will show on the Time & Expense for projects menu. Project Timesheet screen will be disabled.

4.

When selecting an expense type account in any of the time entry screens, the PV (F3) lookup displays only those General Ledger accounts that:

were defined for the selected project in Project Maintenance. are defined in Code File Maintenance for the Code Type LABC. are linked to an Account Category in Chart of Accounts Maintenance. are set up in Chart of Accounts Maintenance.

5.

An Employee can record time entries to a project only if the following are true?

A project-specific rate has been defined in Employee Position/Rate Maintenance. The project is set up to be Available to All Employees. The employee is assigned to the Project in Project Employee Maintenance. The Employee is assigned to the Project in Resource Assignment.

6.

Week Maintenance is set up so that the week ending May 31 posts to Labor and Fiscal Period 05-2002. Period 05-2002 is closed in the Project Controller module, and the current period represents fiscal period 07-2002. There is still a timecard in process for the week ending May 31, 2002. If the timecard is posted now, what will occur?

The labor cost will post to Project Controller period 07-2002. The labor cost will post to Project Controller period 05-2002. The labor cost will post to the current General Ledger fiscal period. The approval process will prompt for posting fiscal period.

7.

Which table is used for Pay Labor Interface and Timecard Correction?

PJLABDET PJLABDIS PJLABDLY PJLABHDR

8.

In Timecard Entry and Project Timesheet, the General Ledger account defaults in what order?

First from the task, then the labor class. If none are set up, the default from Time & Expense Setup is used. First from the task, then the project, then the labor class. If none are set up, the field will be blank. First from the labor class, then the task, then the project. If none are set up, the field will be blank. First from the labor class, then from the project.

9.

What approval routing options are possible when an Expense report status is changed from n Process?to ompleted?

An approval message can automatically be sent to the employee supervisor if the project to which expenses are entered does not first require project manager approval. No approval routing is available. Supervisor approval is only available. Task manager approval is only available.

10.

A salaried exempt employee works 50 hours in a week, 40 hours are regular hours and 10 hours are overtime. This employee's salary is $1,000 per week and $25 per hour. Assuming the employee worked on the same project all week, what is the cost to the project?

1000 1250 1375 1875

Microsoft Solomon 6.0 Project Management and Accounting Set 6

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Microsoft Solomon 6.0 Project Management and Accounting Set 6

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