Knowledge quiz

It's time to put what you've learned to the test, get 5 right to pass this unit.

Which of the following processing types can be used for full settlement?

There are two correct answers.

Partial capitalization

Periodic

Full settlement

Which of the following statements about an investment project are correct?

There are two correct answers.

One or more WBS elements are assigned to an investment project.

Released projects and all WBS elements with investment profiles involved in the project are linked to the same AuC .

For projects with the Investment Project project type, all assigned WBS elements must have an investment profile.

Costs can be planned, posted, monitored, and settled to fixed assets on investment projects.

Which of the following statements about full settlement are correct?

There are three correct answers.

The asset under construction is credited and the receiver fixed asset is debited.

The WBS element is credited and the receiver fixed asset is debited.

100% of the costs must be posted to an asset.

The settlement rule must settle 100% in total.

You can settle to one or more fixed assets.

Which statements about event-based settlement are correct? (Select all that apply.)

There are two correct answers.

During event-based settlement, there are periodic settlements to an asset under construction.

During event-based settlement, all costs of the investment project are posted completely directly to the asset under construction.

Event-based settlement is suitable for big investment projects where there are usually many invoices.

Event-based settlement settles line items per line item to the asset under construction, the detailed postings are still visible on the asset under construction later.

In an investment project, which status needs to be set in order to post costs and commitments?

Choose the correct answer.

Refunded

Created

Revised

Released

Closed

Which of the following statements about the settlement rule are correct?

There are three correct answers.

This settlement rule determines where and how the costs are to be settled.

The linked AuC is automatically the receiver of the periodic settlement.

In the case of periodic settlement, the settlement type FUL is used in the settlement rule.

In the case of periodic settlement, the settlement type PRE is used in the settlement rule.