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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

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

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

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

3. 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.

4. When implementing Project Performance Reporting, the client has provided the following scenario:
1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
2.As long as the project cost is less than the threshold, the project should be shown as on-track.
Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

A) single threshold level value
B) multiple threshold levels
C) multiple threshold level value
D) single threshold level range

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

A) Only a restricted set of predefined Descriptive Flex fields can be "BI Enabled".
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) Through specific configurations, Descriptive Flex fields can be made to show the "BI Enabled"flag.

Solutions: