More Projects 4.0 questions

In response to Koongs request, here are some more questions from the Dynamics Ax 4.0 Projects exam

Enjoy!


When is the use of project periods mandatory?

In connection with the project estimate function on fixed price projects
Answer

How can you configure the system to make sure that overtime payment is calculated for employees entering timesheets on a fixed price project?

They change the line property on the overtime hours to one which has a cost percentage set up
Answer

What is an advantage of using category groups?

They make it possible to define the posting rule the group
Answer

The project manager wants to track travel expenses and who is generating them on all projects. How should the system be configured to achieve this?

By setting the employee option on the travel category to mandatory
Answer

What is the purpose of sorting fields?

To group projects
Answer

What are the three specific internal project types in Microsoft Dynamics Ax?

Time, cost and investment
Answer

Which of the following describes why cost templates are used?

To define which categories to include in the calculation of a completion percentage
Answer

What is caused by creating the project directly from the project quotation?

A forecast can be created directly from the lines in the project quotation
Answer

What is a prerequisite for using the scheduling function?

A work centre group and a work centre must be set up
Answer

When the assessment principle is “Completed Percentage and Sales Value” for a fixed price project, which value is posted to the Accrued revenue-Sales value account when the estimate control process is run?

The contract value multiplied by completion percentage
Answer