Oracle Financial Reporting and Analysis Cloud 2017 Implementation Essentials — Question 27

Your customer wants to calculate Estimate to Complete (ETC) as the difference between Current Planned Cost and Actual Cost. In Progress Settings, which option would you use in conjunction with the ETC method to meet this requirement? (Choose the best answer.)

Answer options

• A. Effort
• B. Cost
• C. Manual Entry
• D. Remaining Plan

Correct answer: B

Explanation

The correct answer is B because the Cost option directly relates to the financial metrics needed for calculating ETC. The other options, such as Effort and Manual Entry, do not specifically address the calculation of costs, while Remaining Plan focuses on the remaining work rather than the cost aspect.