Oracle Financial Reporting and Analysis Cloud 2017 Implementation Essentials — Question 1

You have a billable project for which the following details are provided:
Associated Inception-To-Date (ITD) Project Actual Cost: USD 60
Associated Project Budgeted Cost: USD 300

Contract Amount: USD 1000 -

Project Funded Amount: USD 750 -
Sum of Existing Revenue Events: USD 80
Identify the Associated Project Spent revenue that will get generated based on the preceding details. (Choose the best answer.)

Answer options

Correct answer: C

Explanation

The correct answer is C, USD 134, which is derived from the calculations involving the funded amount and the existing revenue events. The other options do not accurately reflect the calculations based on the provided project financial data.