Oracle Financial Reporting and Analysis Cloud 2017 Implementation Essentials — Question 37

Your customer started operations and all projects in January 2015. They implemented Enterprise Project Structure for calculating project labor demand by using the Annual option. When they view the labor demand on 15-Dec-2015, the project hierarchy viewer shows data only for the year 2015. The client expected the demand to be shown for a year, from 15-Dec-2015 to 15-Dec-2016.
Identify how the project hierarchy viewer displays labor demand information. (Choose the best answer.)

Answer options

• A. The current period start date is used for calculating labor demand for the current year.
• B. The current date is used for calculating labor demand for the current year.
• C. The project start date of Jan-2015 was used for calculating labor demand, and hence it calculated the demand for the year 2015.
• D. The date entered by a user as a parameter when running the Update EPS job was set to 01-Jan-2015, and hence the calculations show results for the year

Correct answer: D

Explanation

The correct answer is D because the labor demand calculations are based on the date input as a parameter during the Update EPS job, which was set to 01-Jan-2015. This means that only data from that year was generated. Options A and B incorrectly focus on the current period or date, while option C misinterprets the calculation basis as the project start date rather than the user-defined parameter.