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New C_IBP_2205 Exam Pattern & SAP C_IBP_2205 Premium Files - C_IBP_2205 Guaranteed Questions Answers - Lp-Prime

Vendor: SAP
Exam Code: C_IBP_2205
Exam Name: SAP Certified Application Associate - SAP IBP for Supply Chain (2205)
Certification: SAP Certified Application Associate
Total Questions: 137 Q&A
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You are the project manager of the MKTG Project. The project has a budget of $200,000 and is expected to last 2 years. The project is now 20 percent complete and is on schedule.
What is the BAC?
A. $200,00
B. None of the above
C. $-00,000
D. $50,000
Answer: A
The BAC is the budget at completion (Total budgeted cost), which is $200,000.

A project has been mistakenly set up as a capital project, instead of a contract project. The project has already incurred expenditure. How can this be remedied?
A. Leave the project as capital and accruefor revenueasis.
B. Move all the costs toan contract task within the capital project.
C. Change the project type to Contract
D. A new project should be set up and costs transferred.
E. Delete all the expenditure Items and change the project type.
Answer: D
Note: *Project Type
The project type determines how Oracle Projects processes costs (expenditure items) for a project. The type you choose provides many defaults and controls for project entry and processing. You must choose a type from one of the following project type classes:
/Use an Indirect project type to collect and track expenditure item costs and labor hours for overhead activities, such as administrative and overhead work, marketing, and bid & proposal preparation. You can also define indirect projects to track time off including sick leave, vacation, and holidays
/Use a Capital project type to collect and track costs and labor hours for asset development activities which you plan to capitalize as one or more assets.
/Use a Contract project type to collect and track costs, labor hours, revenue, and billing for services performed for and reimbursed by a client

Which statement about the DiffServ model is true?
A. DiffServ specifies a mechanism for classifying and managing network traffic and providing QoS on modern IP networks.
B. DiffServ is a way to provide the assurance of sufficiently low delay and packet loss for certain types of applications or traffic.
C. DiffServ is based on building a virtual circuit in the Internet using the bandwidth reservation technique.
D. DiffServ provides traffic management using QoS classifications.
Answer: A

Which two are Essbase components?
A. Web Analysis
C. Financial reporting
D. Essbase server
E. Administration services
Answer: D,E
Incorrect answer:
C API is not a component of Essbase.
Web analysis and Financial reporting are both parts of Hyperion, not Essbase.