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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

A) Fusion General Ledger only
B) In either Fusion Project Portfolio Management or in Fusion GL
C) US I onProject Portfolio Managementonly
D) Both Fusion General Ledger and Fusion Project PortfolioManagement


2. Identify two predefined transaction sources that Fusion PPM uses to import the transactions generated within projects.

A) Capitalized Interest
B) ProjectsIntercompany supplier invoices
C) Interproject Supplier Invoices
D) Project Allocations


3. Identify which item is editable at the Project level

A) Workflows
B) Default FinancialType
C) Multiple Transaction Currencies
D) Planning Amount
E) Third-party Scheduling


4. Select two important features of Standard Cost Collection Flex field.

A) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
B) unique project costcollection requirements thatare configured centrally
C) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
D) unique I-reject cost collection requirements that are presented differently acrossall applications


5. Identify four predefined "Resource Classes" to spread curves can be assigned.

A) Financial Resource
B) Labor
C) Equipment
D) Material Items
E) Usage


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A,C
Question # 3
Answer: A
Question # 4
Answer: A,C
Question # 5
Answer: A,B,D,E

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