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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify two reference data objects for which the default set assignments can be done for a project unit set determinant.

A) Project Definition
B) Project Rates
C) Project Transaction Types
D) Project Accounting Definition

2. Which software application licenses are required for planning revenue when setting up Financial Plan types?

A) Oracle Fusion Project Costing
B) Oracle Fusion Project Execution Management
C) Oracle Fusion Project Billing
D) Oracle FusionIntegration Gateway

3. Identify the mandatory setup step under Project Invoicing options when you use Fusion Project Billing with Fusion receivables?

A) Define Project Billing DescriptiveFlex Fields
B) Specify Override reasons
C) Specify unit of measure for invoicelines sent to Fusion receivables
D) Specify Billing cycles

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

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

5. Identify the statement that correctly describes how the Fusion PPM would handle a scenario in which someone attempts to import a configuration package into a instance of Fusion PPM where the implementation project name already exists.

A) The upload program completes in success but does not update records.
B) A warning is generated thatthe current implementation project currently in the system will be replaced by the new configuration package.
C) The upload program ends in error.
D) There is no warning; however, the current Implementation project is replaced withthe contents on the new configuration package.

Solutions:

Question # 1 Answer: C,D

Question # 2 Answer: B

Question # 3 Answer: D

Question # 4 Answer: A,B

Question # 5 Answer: D