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AACE International AACE-PSP exam
  • Exam Code: AACE-PSP
  • Exam Name: Planning & Scheduling Professional (PSP) Exam
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1

A. Option D
B. Option A
C. Option B
D. Option C
Answer: A
Explanation:
Ref: http://blogs.msdn.com/b/windowsazurestorage/archive/2012/06/12/introducingasynchronous-cross-account-copy-blob.aspx

NEW QUESTION: 2
A company generates revenue at period end, but bills monthly in arrears. The first project revenue is due to be recognized at the end of May and the first invoice sent to the customer in June. What are the accounting entries at the end of May?
A. Debit: RevenueCredit: Accounts PayableLiability Account
B. Debit:UnbilledReceivablesCredit: Revenue
C. Debit: Cost of Goods SoldCredit: Unbilled Receivables
D. Debit: Unearned RevenueCredit: Revenue
E. Debit: BankCredit: Revenue
Answer: B
Explanation:
Revenue
Once revenue is created, Oracle Projects runs AutoAccounting to determine the appropriate default accounts. AutoAccounting selects all of the AutoAccounting parameters for each item or event, determines the account coding, validates the account coding against the general ledger, and updates each revenue distribution line with the appropriate default account.
AccountDebitCredit Unbilled Receivables and/or Unearned Revenue200.00 Revenue200.00

NEW QUESTION: 3
Using this data calculate the percentage of DPU.
Data: 763 defects, 18,000 units.
A. 5.72
B. 2.12
C. 3.42
D. 4.24
Answer: D

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