Oracle Financial Reporting and Analysis Cloud 2017 Implementation Essentials — Question 25

Select two correct statements about project classifications on a template. (Choose two.)

Answer options

• A. Set Code is not required for a project class category in a project classification.
• B. Project Classification is a mandatory field on a project template.
• C. When a project is created from a template, the required project classifications must be entered.
• D. Project class category in a project classification must be associated with a Set Code.

Correct answer: A, C

Explanation

Option A is correct because a Set Code is not mandatory for a project class category. Option C is also correct as it emphasizes the necessity of entering required project classifications when generating a project from a template. Options B and D are incorrect; while Project Classification is important, it is not always mandatory, and not all project class categories must be linked to a Set Code.