Oracle Financial Reporting and Analysis Cloud 2017 Implementation Essentials — Question 6

Identify three correct statements about project types. (Choose three.)

Answer options

• A. Project type can be used as a source in subledger accounting.
• B. Project type can be enabled for both billing and capitalization.
• C. Summarization options can be specified at project type.
• D. Classifications can be assigned at project type.
• E. Project type can be associated with multiple project units.

Correct answer: B, C, E

Explanation

Option B is correct because project types can indeed be configured for both billing and capitalization purposes. Option C is accurate as summarization options can be specified for different project types. Option E is correct since a single project type can be associated with multiple project units. Options A and D are incorrect; project types are not typically used as a source in subledger accounting, and classifications are not exclusively tied to project types.