CIPS L4M5 Q&A - in .pdf

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  • Exam Code: L4M5
  • Exam Name: Commercial Negotiation
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NEW QUESTION: 1
The Finance Director is concerned that some of his or her project revenue may be overstated. What it should be reviewed to understand the revenue position on each project?
A. the revenue reviewform to inquire on the amount of revenue raised and invoices raised on aproject
B. the expenditure inquiry to understand the project's revenue position against the invoice position
C. the Project Summary unbilled receivables and unearned revenue report, which will identifyallunearned revenue
D. theinvoice review form to inquire on the amount of revenueraised and invoices raised on project
E. the ProjectStatus Inquiry to review the project's margin figures
Answer: C
Explanation:
Summarize Unbilled Receivables / Unearned Revenue Balances
The summarize unbilled receivables/unearned revenue balances process creates summary data required for running the UBR and UER reports. The process creates summary balances for draft revenue and draft invoices in Oracle Projects. The process summarizes amounts for draft revenues for which the process PRC: Generate Revenue Accounting Events has successfully generated events. The process summarizes amounts for draft invoices that have been transferred, imported, and successfully tied back to Oracle Receivables.
The unbilled receivables and unearned revenue transactions are summarized by project, by account segment, cost center, and GL period, deriving the summary amounts used in the reports.

NEW QUESTION: 2
Jeff is a new Product Owner for his organization and he's asked you, the Scrum Master, for some help to better understand his role and responsibility in Scrum. How would you coach Jeff on his responsibility in the project?
A. The ProductOwner helps the Development Team by optimizing the value of the work.
B. The Product Owner works alongside the Development Team to ensure the work is done properly.
C. The Product Owner will plan and determine when a project release will happen.
D. The Product Owner coaches the Development Team on their assignments as needed.
Answer: A

NEW QUESTION: 3
DRAG DROP


Answer:
Explanation:


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