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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select the option that enables the transactions from other sub ledger modules that are imported into Project Costing and are in :Rejected" or "Pending for processing" stage to be viewed.

A) Manage Unprocessed Transactions
B) ManageUnreleased Expenditure Batches
C) Review Commitment Transactions
D) Manage Expenditure Items

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

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

3. Select the option that would accurately fill the blank below.
The relationships between the Business Units and the Project Units in Fusion PPM are _________.

A) Many-to-One
B) One-to-Many
C) One-to-One
D) Many-to-Many

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

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

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

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