SPM Financials Questions

Configure financial management including budgets, costs, benefits tracking, and ROI calculations.

6 total questions2 free questions

About SPM Financials

SPM Financials provides tools for managing project and portfolio budgets, tracking costs, and calculating return on investment.

Why This Matters for Your Exam

SPM Financials covers 10% of the CIS-SPM exam. Financial management is essential for strategic decision-making.

Key Concepts to Master

Master budget configuration, cost tracking methods, and benefit realization. Understand how financials roll up from projects to portfolios.

Exam Tips

Focus on budget vs actual tracking, cost breakdown structures, and benefit tracking. Know how to configure financial plans and reports.

Practice Questions

6 questions available
1
knowledge

What is a cost model in ServiceNow Financial Management?

AA template for creating project budgets
BA set of rules, methods, and metrics that define how expenses are allocated to accounts in a hierarchy
CA report showing actual versus planned costs
DA dashboard displaying financial KPIs

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2
understandingSelect all that apply

Which components are used by the Financial Management application to allocate expenses? (Choose THREE)

AGeneral ledger
BFiscal period
CChange requests
DCost models
EIncident records

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