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CA Technologies CAT-240 Exam -

Free CAT-240 Sample Questions:

Q: 1
The Financial Status determines how transactions entered against a project are handled. If you set the status to Hold, then:
A. The project is no longer open for financial processing.
B. Transactions can be fully processed within the system.
C. New transactions cannot accumulate and credit memos cannot be issued against a project.
D. New transactions cannot accumulate but existing transactions can be processed against the project.
Answer: D

Q: 2
CA Clarity PPM and the supported scheduling tools enable you to plan detailed schedules by adjusting variables that affect how work is scheduled. Which variable determines the distribution of work over a period?
A. Task Type
B. Start - Finish
C. Loading Pattern
D. Resource Max Load Percentage
Answer: C

Q: 3
What are the three classifications of Chargeback rules? (Choose three)
A. Recovery rules
B. Overhead rules
C. Time-based rules
D. Standard Debit rules
E. Investment-specific Debit rules
Answer: B,D,E

Q: 4
What is a valid reason to use the Transaction Entry functionality?
A. Modify existing transactions
B. View the pro forma invoice for a customer
C. Enter additional transactions to the system that were not entered through timesheets
D. View the data from timesheets that have been posted through the Post to Financials job option
Answer: C

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