Online Access Free MB6-700 Exam Questions

Which statement about the customer advance feature is true?

• A.The customer advance cannot be created once transactions have been posted to the project.
• B.The customer advance is created by using the payment journal.
• C.The customer advance amount can be defined as a percentage of an existing invoice amount.
• D.The customer advance can be used to offset billable charges by using the invoice proposal process.

Which two items are determined by the cost templates for advanced fixed-price projects? (Each correct answer presents part of the solution. Choose two.)

• A.The amount of expenses that can be posted for advanced fixed-price projects
• B.Whether to calculate the degree of completion on the posted amount or quantity
• C.The amount of hours that can be posted for advanced fixed-price projects
• D.The categories included in calculating the degree of completion

You need a quick snapshot view of a project's progress.
Which form should you use?

• A.Cost control
• B.Project statements
• C.Cash flow
• D.Invoice control

Which three items are valid base amount options when defining compounding rules for an indirect cost calculation? (Each correct answer presents part of the solution. Choose three.)

• A.Cost
• B.Revenue
• C.Unit rate
• D.Invoice
• E.Percent

Which activity is enabled by configuring the project sort fields?

• A.Analyzing project profitability
• B.Allocating expenses related to the project
• C.Substituting for a subproject
• D.Replacing the cost categories