Oracle Financial Reporting and Analysis Cloud 2017 Implementation Essentials — Question 40

Your organization has created an Enterprise Project Structure (EPS) and your executives review the overall project labor demand by using the EPS. Identify two correct statements about the periodic project labor demand. (Choose two.)

Answer options

• A. Labor Demand FTE is calculated as Quaterly Allocation hours divided by Quarterly FTE hours, if a quarter is used as the basis for viewing labor demand.
• B. Labor Demand FTE is calculated as Yearly Allocation hours divided by Yearly FTE hours, if a year is used as the basis for viewing labor demand.
• C. Labor Demand FTE is calculated as Project Allocation hours divided by Project FTE hours, if project duration is used as the basis for viewing labor demand.
• D. Labor Demand FTE is calculated as Monthly Allocation hours divided by Monhly FTE hours, if a period is used as the basis for viewing labor demand.

Correct answer: A, C

Explanation

The correct answers are A and C because they accurately describe how Labor Demand FTE is calculated based on quarterly and project-specific durations. Option B is incorrect since it refers to yearly calculations, which are not relevant in this context, and option D contains a typographical error in 'Monhly', making it invalid.