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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify two transactions that are treated as Commitment transactions in Oracle Fusion Portfolio Management.

A) projectrelated invoices that are accounted and interfaced into Oracle Fusion PPM
B) purchase order changed to a project
C) received goods on a project that are not yet transferred or imported into Oracle Fusion PPM
D) invoices transferred to Fusion Assets


2. Your company has set up the burdening functionality to capture the overhead costs incurred on all projects. It has been decided that these overhead costs will be stored as a separate expenditure item performed to set up the required expense account?

A) Set up the account at the expenditure type defined for the burden transaction.
B) Set up the account at the expenditure category defined for the burden transaction.
C) Set up the burden cost account SLA,
D) Set up the burden cost clearing account SLA.
E) Set up the total burdened cost credit SLA.


3. Select the appropriate option to fill in the blank below.
A person is allowed to remove transactions when the Project Invoice status is _____

A) Accepted
B) Transferred
C) Draft
D) Released


4. Identify two restrictions that are applied by Oracle Fusion PPM, when exporting a new project from Microsoft Project.

A) A baseline for the projectplan must beset.
B) You must selecta source project of template
C) You must generate a budget version and-create a baseline,
D) The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.
E) The source projector template must allowfor third-party scheduling.


5. Select the four duties the project administrator is entitled to, by default, in Budgeting and Forecasting.

A) review versions
B) create versions
C) submit versions
D) edit budget and forecast planning option
E) generate versions
F) approve versions


Solutions:

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

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