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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

2. Identify three formation types available for defining the Invoice Format header.

A) events
B) cpmtract
C) labor
D) non-labor

3. Select three items that can be managed as a part of the configuration of the KPIs for Project Performance Reporting?

A) trend indicators
B) fact indicators
C) dimension indicators
D) status indicators
E) KPI categories

4. Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.

A) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.
B) All Descriptive Flex fields can be "BI Enabled"
C) Descriptive Flex fields cannot be "BI enabled" and only custom subject areas need to be created.
D) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".

5. Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.

A) By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.
B) You can maintain the statuses of the periods independently, even in spite of using the same calendar.
C) Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.
D) You can use the same calendar for both your project accounting and accounting.

Solutions: