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Exam 1Z0-498
Oracle Fusion Project Portfolio Management 2014

Essentials
Total Questions: 79
- QUESTION NO : 1
In your project, during the Project Business Unit implementation, you have set the project
accounting calendar to the accounting calendar and you also selected the option to maintain
common accounting and project accounting periods. In such a case, which application area is the
project period status managed in?
A. Fusion General Ledger only
B. US I onProject Portfolio Managementonly
C. Both Fusion General Ledger and Fusion Project PortfolioManagement
D. In either Fusion Project Portfolio Management or in Fusion GL
Answer: D
Reference:
http://www.oracle.com/us/products/applications/fusion/project-portfolio-management/ppm-fusion-
proj-costing-ds-1557957.pdf
- QUESTION NO : 2
Identify two reference data objects forwhich the default setassignments can be done for a
business unit set determinant.
A. Project Definition
B. Projecttransaction Types
C. Project Rates
D. ProjectAccounting Definition
Answer: B,D
Explanation:
- QUESTION NO : 3
Select two correct statements pertaining to project classifications on a template.

A. There can be a maximum of 20classifications that are allowed for entry using Quick Entry.
B. When a project is created from a template, the project classifications cannot be deleted or
added
C. A project classification is a mandatory field on a project template
D. When a project is created from a template, the project classifications can be deleted or added
Answer: A,B
Explanation:
- QUESTION NO : 4
Select the two options that would accurately fill in the blanks in the sentences below.
The rate sources in Fusion PPM are based on the Schedule Types specified on the Invoice and
Revenue Methods. If the schedule type is Labor Schedule, Bill Rate, then a valid rate source
would be ____________ or _______.
A. Labor burden schedule
B. Job billrate schedule
C. Burden schedule
D. Employee bill rate schedule
E. Labortransfer price schedule
Answer: B,D
Explanation:
- QUESTION NO : 5
Identify the two currencies that Fusion PPM automatically converts transactions to, when a
Financial Plan Type is enabled for planning in multiple currencies.
A. Contract Currency
B. Project Currency
C. Project Ledger Currency
D. Reporting Currency
Answer: C,D
Explanation:
Reference:
proj-costing-ds-1557957.pdf
- QUESTION NO : 6
Your client is implementing Fusion Applications for his or her organization and intends to transform
the complete costing process through the use of Fusion PPM. One of the concerns the client has
is that the user community is required to pick expenditure types from a long list, which are hot
specific to their departmental expenses. Identify there levels of filtering that will help you address
this concern in Fusion PPM.
A. filterexpenditure types bused on the Project Unit that owns the project
B. filterexpenditure types based on the set assigned to the Organization Hierarchy
C. filter expenditure typesbased onthe set assigned to the project unit
D. filter expenditure types based on the set assigned to the expenditure types
Answer: C
Explanation:
- QUESTION NO : 7
Your client has expressed a desire to produce and summarizeinvoice lines for non-labor
transactions type or expenditure, based on the high level tastes of the project. Which invoice
format grouping should be used to achieve this?
A. Top Task,Employee
B. Top Task,Expenditure Type
C. Revenue Category, ExpenditureCategory, Top Task
D. Top Task,Expenditure Category
E. TopTask. Revenue Category, Expenditure Category, Expenditure Type
Answer: B
Explanation:
- QUESTION NO : 8
Select the appropriate phrase to fill in the blank below.
The Navigator is a hierarchical arrangement of Work Areas or Dashboards with ___.
A. function and data security
B. function security
C. data security
D. role security
Answer: C
Explanation:
- QUESTION NO : 9
Identify two predefined transaction sources that Fusion PPM uses to import the transactions
generated within projects.
A. Interproject Supplier Invoices
B. ProjectsIntercompany supplier invoices
C. Project Allocations
D. Capitalized Interest
Answer: A,D
Explanation:
- QUESTION NO : 10
Select two important features of Standard Cost Collection Flex field.
A. unique project costcollection requirements thatare configured centrally
B. unique I-reject cost collection requirements that are presented differently acrossall applications
C. allows customers to validate, calculate cost, and import any type of transactions that are
captured internally or externally using a single process
D. disintegrated means to capture, store, display, query, and reportproject-related attributes in
their respective applications
Answer: C,D
Explanation:
Reference:
http://docs.oracle.com/cd/E29597_01/fusionapps.1111/e36898/F825906AN693D9.htm
- QUESTION NO : 11
Identify two predefined calendar types that can be utilized to create Period Profiles.
A. weekly calendar
B. accounting calendar
C. monthly calendar
D. project accounting calendar
Answer: A,C
Explanation:
- QUESTION NO : 12
Identify four allocation methods available as a seeded method under Oracle Fusion Project
Costing.
A. spread evenly
B. prorate
C. percentage and spread evenly
D. manual
E. variable
F. use client extension basis
Answer: A,B,D,E
Explanation:
- QUESTION NO : 13
Identify two unique characteristics of a business unit in Fusion PPM.
A. It is an Anchor for sharing the reference data across applications.
B. It is defined centrally and acts as a partition for securing transaction-related data.
C. It can exist in more than one Ledger.
D. It often represents Project line of business.
Answer: A,C
Explanation:
Reference:
http://docs.oracle.com/cd/E25178_01/fusionapps.1111/e20378/F587343AN17CA3.htm
- QUESTION NO : 14
Most Project Management solutions are plagued with the configurations that have financial and
project management reference data intertwined. By introducing which two concepts has Fusion
PPM.
A. Project Unit
B. Business Unit
C. SetID
D. Organization Classification
E. PPM specific organization hierarchy
Answer: B,D
Explanation:
- QUESTION NO : 15
Identify two restrictions that are applied by Oracle Fusion PPM, when exporting a new project from
Microsoft Project.
A. You must selecta source project of template
B. The primary planning resource breakdown structure associated with the projector template
must allow changes at the project level.
C. The source projector template must allowfor third-party scheduling.
D. A baseline for the projectplan must beset.
E. You must generate a budget version and-create a baseline,
Answer: A,E
Explanation:
- QUESTION NO : 16
Select two default planning options that are included when Financial Plan Types are created in
Fusion PPM.
A. burdening versions
B. forcecast versions
C. budget versions
D. billing cycle version
Answer: B,C
Explanation:
- QUESTION NO : 17
From an OTBI reporting standpoint, the concepts of Facts, Dimensions, and Criteria are used. If
you are running a report that provides ͞Revenue created by contract by day for the past month͕͟
which part of this report name represents the ͞Fact͍͟
A. revenue created
B. by contract
C. by day
D. for the past month
Answer: C
Explanation:
- QUESTION NO : 18
Which Security Role can be assigned to a user in Fusion Applications?
A. Dam Ron
B. Job Role
C. AbstractRole
D. Duty Role
Answer: D
Explanation:
Reference:
http://docs.oracle.com/cd/E25178_01/fusionapps.1111/e16689/F323387AN1B35E.htm
- QUESTION NO : 19
Choose the correct statement related to the project start and end dates.
A. If the task dates roll up the task hierarchy automatically, then the project dates can be edited.
B. If the task dates roll up the task hierarchy automatically, then the project dates cannot be
edited.
C. In an auto roll up of task dates, the project start date does not coincide with the earliest task.
D. In an auto roll up of task dates, the project start date does not coincide with the latest task finish
date.
Answer: C
Explanation:
Reference:
http://docs.oracle.com/cloud/latest/projectcs_gs/OAPJF/F1121935AN10052.htm
- QUESTION NO : 20
Which details are allowed on the "Root task" created by default when Project template is created?
A. Descriptions and Attachments
B. General and Cross Charge
C. General, Asset Assignments, and Capital Information
D. General,Contracts, and Setup
Answer: B
Explanation:
- QUESTION NO : 21
Select two true statements regarding OTBI.
A. OTBI is thebusiness solution that helpsin current state analysis.
B. OTBI helpsin performingtrend analysiswith unlimited historical data
C. OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for
thiscustomer"?
D. OTBI helps in tactical reporting such as helping in decisions such as ͞Do I need more resources
on this project͍͟

Answer: A,C,D
Explanation:
- QUESTION NO : 22
You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be
met for this to be possible?
A. Invoice is released.
B. Invoice has no payments.
C. Invoicehas no adjustment or crediting Invoices applied to it.
D. Credit memo is created.
Answer: D
Explanation:
- QUESTION NO : 23
Identify three true statements about Oracle BusinessIntelligence Applications.
A. Oracle BusinessIntelligence Applications provide unlimited historical analysis, including
trending and cross-domain insight
B. Oracle Businessintelligence Applications provide pre-packaged data warehouse, ETL, metrics,
andinteractive dashboards.
C. Oracle Business IntelligenceApplications are built- on Oracle BusinessIntelligence
EnterpriseEdition technology,
D. Oracle Business Intelligence Applications ore not available for EBS,Peoplesoft,JD Edwards,
andSieble.
Answer: A,B,D
Explanation:
- QUESTION NO : 24
Identify which item is editable at the Project level
A. Planning Amount
B. Default FinancialType
C. Workflows
D. Third-party Scheduling
E. Multiple Transaction Currencies
Answer: C
Explanation:
- QUESTION NO : 25
By using Project Integration Gateway, a person can use Global Data model to provide the
capability to set up the integration for a business unit and a project unit combination. Based on this
information, identify two true statements regarding this integration model.
A. Business unit providesFinancial periods and currency
B. Projectunitprovides financial periodsand currency
C. Project unitprovides resources.
D. Business unit provide planning resource breakdown structure.
Answer: A,D
Reference:
http://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20384/F552290AN6C6FC.htm
- QUESTION NO : 26
In one of your implementations, you are required to synchronize the Fusion Project Information
with Microsoft Project. During synchronization, you realize that the default settings are configured
so that the project attributes are transferred. Identify four attributes that are imported into Microsoft
Project.
A. task structure
B. resources
C. task attributes
D. actual quantities and costs
E. scheduling and progress
Answer: A,C,D,E
Explanation:
- QUESTION NO : 27
At who is the Oracle Fusion Project Performance Reporting solution specifically targeted?
A. Project managers
B. Project executives
C. Project accountants
D. Project team members
Answer: C
Explanation:
Reference:
http://www.oracle.com/partners/en/most-popular-resources/ppm-exam-study-guide-2015269.pdf
- QUESTION NO : 28
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 ends in error.
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. There is no warning; however, the current Implementation project is replaced withthe contents
on the new configuration package.
Answer: D
Explanation:
- QUESTION NO : 29
Project Analytics in Fusion Applications provides the project commitment summary. Select three
additional commitment sources provided by Project Analytics.
A. Requisitions
B. Purchase Orders
C. Unaccounted Supplier Invoices
D. PO Receipts
E. Timecards
Answer: A,C,D
Explanation:
- QUESTION NO : 30
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. One-to-One
B. One-to-Many
C. Many-to-Many
D. Many-to-One
Answer: C
Explanation:
- QUESTION NO : 31
Identify two important aspects of the Non-Labor Bill Rate Schedules.
A. They are expenditure Type based rate schedules
B. They are job-based rate schedule
C. Theyallow expenditure types to be used along with arateor a markup percent.
D. They do not allow the mark up percentage to be O.
Answer: B,C
Explanation:
- QUESTION NO : 32
Select the phrase that best completes the sentence below.
A. a job
B. an abstract role
C. a duty
D. a privilege
Answer: C
Explanation:
- QUESTION NO : 33
Select the option that enables the transactions from other sub ledger modules that are imported
into Project Costing and are in :Rejected͟or ͞Pending for processing͟stage to be viewed.
A. Review Commitment Transactions
B. Manage Expenditure Items
C. ManageUnreleased Expenditure Batches
D. Manage Unprocessed Transactions
Answer: B
Explanation:
- QUESTION NO : 34
Project managers typically have the need to plan for granular labor resources, whereas only high-
level planning is sufficient for financial purposes. Identify the two true statements about the Project
Integration Gateway in this background.
A. You are allowed to create non-integrated resources manually in Primavera.
B. When you import the project plan, all planning for non-integrated resources is summarized by
Project class.
C. When you import the project plan, all planning for non-integrated resources is summarized by
WBS.
D. The summary information does not become a resource class resource assignment in Oracle
Fusion PPM.
Answer: C,D
Reference:
https://docs.oracle.com/cd/E51367_01/projectop_gs/OAPJF/F1121939AN17861.htm
- QUESTION NO : 35
What does Project Performance Reporting, a specialized analytics tool, leverage?

A. BI Publisher
B. Financial Reporting Center
C. OTBI
D. Essbase
Answer: D
Explanation:
Reference:
pro-per-ds-1557950.pdf
- QUESTION NO : 36
Identify three aspects that help define Oracle Transactional Business Intelligence.
A. Oracle Transactional Business Intelligence is a real time, self-service reporting directly off
Fusion
B. Oracle Transactional Business Intelligence provides unlimited historical analysis, including
C. Oracle Transactional Business Intelligence provides pre-packaged content covering major
Fusion Applications.
D. Oracle Transactional Business Intelligence is built on Oracle Business Intelligence Enterprise
Edition technology.
Answer: A,B,C
Explanation:
- QUESTION NO : 37
CORRECT TEXT
Select the correct option to fill in the blank below.
If revenue is recognized before billing, the accounting entry that gets triggered would be
_________.
see exhibit below,,,
Answer: C
- QUESTION NO : 38
Select three options included in Project Billing for Contract Types.

A. Burdened Costs
B. Interprojcet
C. Billing Controls
D. Intercompany
Answer: A,B,D
Explanation:
- QUESTION NO : 39
Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.
A. Pi .Kit Numbering and FTIH
B. Implementation Options
C. Reporting Setup
D. Contract Management Propertied
E. BusinessUnitAssociation
Answer: B,C,E
Explanation:
- QUESTION NO : 40
Select three items that can be managed as a part of the configuration of the KPIs for Project
Performance Reporting?
A. status indicators
B. trend indicators
C. dimension indicators
D. fact indicators
E. KPI categories
Answer: A,C,E
Explanation:
- QUESTION NO : 41
Select the appropriate phrase to fill in the blanks below.
Non-exclusive relationships between multiple projects and tasks with contracts and contract lines
is a capability delivered by using_________
A. Project Contract-based billing
B. Project Contract-based costing
C. Project Contract Collection Center
D. Contract Team Connect
Answer: B
Explanation:
- QUESTION NO : 42
Identify two entitles included in the Project Transaction Type Reference Data Model.
A. Project PlanType
B. Project Expenditure Type
C. Financial Plan Type
D. Project Work Type
Answer: A,C
Explanation:
Reference:
- QUESTION NO : 43
Identify two possible statuses available for reviewing the allocation transaction, after having run
the Generate Allocations process in Fusion PPM.
A. draft success
B. draft failure
C. release Failure
D. deletion in progress
E. release in progress
Answer: B,D
Explanation:
- QUESTION NO : 44
Select the appropriate phrase to accurately complete the sentence below.
Spread Curves in Fusion Project Portfolio Management allows you_____
A. distribute quantity, cost, and revenue amounts automatically acrossaccounting periods
B. distribute quantity, cost, and revenue amounts automatically acrossweekly calendars
C. distribute quantity, cost, and revenue amounts automatically acrossproject accounting periods
D. distribute quantity, cost, and revenue amounts automatically acrossaccounting or project
accounting periods
Answer: D
Explanation:
- QUESTION NO : 45
Identify the mandatory setup step under Project Invoicing options when you use Fusion Project
Billing with Fusion receivables?
A. Specify unit of measure for invoicelines sent to Fusion receivables
B. Specify Billing cycles
C. Specify Override reasons
D. Define Project Billing DescriptiveFlex Fields
Answer: B
Explanation:
Reference:
- QUESTION NO : 46
Capitalization Options on a project type allows you to use cost allocation methods to automatically
distribute which two types of costs across multiple assets?
A. costs attributable to a specific asset
B. non-capitalizablecosts
C. indirect costs
D. common costs
Answer: A,C
Explanation:
- QUESTION NO : 47
Select the- option that accurately completes this sentence.
Eligible revenue is calculated using the formula __________
A. Potential Amount * Transfer Price Schedule Markup percentage/l00
B. Potential Amount * (Transfer Price Schedule Markup percentage/100) * Transferprice rule
markup percentage/100)
C. Potential Revenue Amount* (Contribution percentage/l00)
D. Qualified Revenue Amount* (Contribution percentage/100)
Answer: B
Explanation:
- QUESTION NO : 48
Identify three formation types available for defining the Invoice Format header.
A. labor
B. events
C. non-labor
D. cpmtract
Answer: A,B,D
Explanation:
- QUESTION NO : 49
Oracle delivers the seeded capability to drill down on expenditure items in which tool?
A. BI Publisher
B. OTBI
C. OBIA
D. Project Performance Reporting
Answer: D
Explanation:
- QUESTION NO : 50
Identify four predefined ͞Resource Classes͟to spread curves can be assigned.
A. Labor
B. Usage
C. Equipment
D. Material Items
E. Financial Resource
Answer: A,B,D,E
Explanation:
- QUESTION NO : 51
Select the appropriate option to correctly fill in the blank below.
Project team members, including the project manager, are assigned to a project using______
A. project roles
B. job roles
C. abstract roles
D. enterprise roles
Answer: A
Explanation:
- QUESTION NO : 52
Through which two aspects does Fusion PPM provide improved capability of Role Based
Security?
A. enforcement across entire technologystack
B. single point of administration forboth applications and technology
C. monitor key projects transaction processing and exception rates
D. transparentand consistent data security
E. non-centralized access and function-based entitlement management
Answer: B,D
Explanation:
- QUESTION NO : 53
Select the option that accurately fills in the blank below.
Function security Privileges in Fusion PPM are also known as______
A. rights
B. entitlements
C. honors
D. licenses
Answer: C
Explanation:
- QUESTION NO : 54
During an implementation, one of your consultants wants to understand the order in which Fusion
PPM searches for the Labor Costing Overrides, Identify the advice that should be shared with the
consultant to help him or her obtain an accurate understanding of the order. In which Fusion PPM
searches for the Labor Costing Overrides.
A. Person and Organize> Ion Combination ͶхPerson andJob Combination___> Person
B. Person---> Person and Job Combination ---> Person, Job and OrganizationCombination
C. Person, Job and Organization Combination---->Personand Job Combination---->Person
D. Person,Joband Organization Combination- ->Person and Job combination
Answer: B
Explanation:
Reference:
http://www.oracle.com/us/solutions/business-intelligence/064103.pdf
- QUESTION NO : 55
Select the true statement related to Descriptive Flex fields and OTBI in Fusion Applications.
A. All Descriptive Flex fields can be ͞BI Enabled͟
B. Only a restricted set of predefined Descriptive Flex fields can be ͞BI Enabled͘͟
C. Through specific configurations, Descriptive Flex fields can be made to show the ͞BI
Enabled͟flag.
D. Descriptive Flex fields cannot be ͞BI enabled͟and only custom subject areas need to be
created.
Answer: A
Explanation:
Reference:
https://docs.oracle.com/cloud/latest/common/OATBI/flex.htm
- QUESTION NO : 56
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 total burdened cost credit SLA.
C. Set up the burden cost account SLA,
D. Set up the burden cost clearing account SLA.
E. Set up the account at the expenditure category defined for the burden transaction.
Answer: C
Explanation:
- QUESTION NO : 57
Identify two transactions that are treated as Commitment transactions in Oracle Fusion Portfolio
Management.
A. received goods on a project that are not yet transferred or imported into Oracle Fusion PPM
B. purchase order changed to a project
C. projectrelated invoices that are accounted and interfaced into Oracle Fusion PPM
D. invoices transferred to Fusion Assets
Answer: B,C
Explanation:
- QUESTION NO : 58
Select a Subject Area under ͞Project Controls͟in Fusion PPM͛s OTBI.
A. Project Invoice
B. Project Budget
C. Project Revenue
D. Project Cost Journals
Answer: B
Explanation:
- QUESTION NO : 59
Select two true statements regarding OBIA.
A. OBIA cant.ke input, from heterogenous data sources.
B. OBIA is Fusion Applications-centric.
C. OBIAis real time and does not depend on the ETL refresh frequency.
D. OBIAis used for strategic reporting.
Answer: A,C
Explanation:
- QUESTION NO : 60
Which two options are relevant and true for Manual CapitalEvents?
A. Costs and assets are grouped periodically throughout the duration of the project.
B. Costs and assets areusually grouped at the required time within the project duration
C. They aresuitable for blanketprojectsthat capture costs for repetitive work.
D. They are suitable Tor [Phased projects where assets are placedIn service after eachphase is
completed.
Answer: A,C
Explanation:
Reference:
http://docs.oracle.com/cd/E37583_01/doc.1116/e22600/F392082AN16F70.htm
- QUESTION NO : 61
Identify two key business value propositions of Fusion Project Portfolio Management.
A. enhanced user productivity and reduced supportcosts
B. improveddecision-making by answering keybusiness questions while users enter transactions
C. elimination ofexception-based management
D. reducedcommunicationand collaboration by creating a community forthe project team
Answer: B,C
Explanation:
Reference:
http://www.oracleappshub.com/fusion/oracle-fusion-project-portfolio-management/
- QUESTION NO : 62
You define Assets for your project and assign them to the project or task level. What should be the
value of the project asset type to generate the asset line?
A. estimated
B. as built
C. generate
D. built
E. regenerate
Answer: C
Explanation:
- QUESTION NO : 63
Identify three valid values for the pre-seeded Status Indicators in Fusion Project Performance
Reporting.
A. On Track
B. On Budget
C. At Risk
D. Critical
E. High Variance
Answer: A,B,D
Explanation:
- QUESTION NO : 64
Select the option that accurately fills in the blank below.
The correct security hierarchy in Fusion Applications, from the highest in the hierarchy to the
lowest, is _____.
A. Duty --> Jobs Role ͶхData Role
B. Data Role ͶхJob Role-> Duly
C. Duty ----->Data Role --> Job Role
D. Data Role ͶхDuty -> Job Role
E. Job Role ----> Data Role ͶхDuty
Answer: C
Explanation:
- QUESTION NO : 65
You have created a Financial Plan type where the planning amount option is set as cost amounts
only.Based on this information identify two true scenarios.
A. All budget versions created for the financial plan type contain only cost amounts.
B. All forecast versions created for the financial plan typecontainonly cost amounts.
C. Allbudget versioncreatedfor the financial plan typecontainonly cost amounts and margin.D.All
forecast versions created for the financial plan type contain only cost amounts and margin
Answer: B
Explanation:
Reference:
http://docs.oracle.com/cd/E29597_01/fusionapps.1111/e36898/F825915AN6F9D4.htm
- QUESTION NO : 66
Identify the two abstract roles predefined in Fusion PPM.
A. Project Administrator
B. Project Manager
C. Project Accountant
D. Project Team Member
E. Project Creator
Answer: B,D
Explanation:
- QUESTION NO : 67
A customer is using Fusion Payables and Fusion Project Portfolio Management. The customer
has two suppliers setup with names X and Y respectively. Supplier Y has been merged with
supplier X. the supplier merge program is run from the supplier merge option in Fusion Payables
and you have chosen to merge all transactions. What will happen to the supplier references on
transactions related to supplier Y that are already interfaced to Fusion Project Portfolio
Management?
A. The supplier merge program does not impact any supplier transactions that are already in
Fusion PPM.
B. The supplier merge program completes with error.The merge is not possible because the
transactions are already in Fusion PPM.
C. The supplier references to supplier Y will be modified to supplier X for all transactions existing
in Fusion PPM.
D. The transact Ions related to supplierX and Y will be deleted from Fusion PPM.
E. The transaction related to Supplier Y will be deleted from Fusion PPM.
Answer: E
Explanation:
- QUESTION NO : 68
Select the appropriate option to fill in the blank below.

A person is allowed to remove transactions when the Project Invoice status is _____
A. Released
B. Draft
C. Accepted
D. Transferred
Answer: C
Explanation:
- QUESTION NO : 69
Identify two valid mappings of seeded project roles to project space roles.
A. Project Team Member-Moderator
B. Project Team Member - Participant
C. Project Manage- Participant
D. Project Manager - Moderator
Answer: A,C
Explanation:
- QUESTION NO : 70
Which software application licenses are required for planning revenue when setting up Financial
Plan types?
A. Oracle Fusion Project Billing
B. Oracle Fusion Project Costing
C. Oracle FusionIntegration Gateway
D. Oracle Fusion Project Execution Management
Answer: D
Explanation:
Reference:
- QUESTION NO : 71
As you implement the Project Integration Gateway, you are required to set up the integration
options for exporting actual amounts. What are the two valid options for export?
A. Actual Burdened Cost
B. Actual Raw cost
C. Actual Quantitiesand Burdened Costs
D. Actual Quantities end Raw Cost
Answer: B,C
Explanation:
- QUESTION NO : 72
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. multiple threshold levels
B. single threshold level value
C. single threshold level range
D. multiple threshold level value
Answer: B
Explanation:
- QUESTION NO : 73
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 Transaction Types
C. Project Rates
D. Project Accounting Definition
Answer: B,D
Explanation:
Reference:
- QUESTION NO : 74
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. By using the option of ͞Maintain common accounting and project accounting periods͟you
increase the period maintenance activity during the month end.
D. You can maintain the statuses of the periods independently, even in spite of using the same
calendar.
Answer: B,D
Explanation:
- QUESTION NO : 75
Identify three valid work areas under Project Portfolio Management.
A. Projects Workarea
B. Capital Workarea
C. Revenue Workarea
D. Transactions Workarea
E. Payment Workarea
Answer: A,B,D
Explanation:
- QUESTION NO : 76
Identify the true statement regarding an expenditure item.
A. An expenditure item can be adjusted on both billable and capitalizeable attributes of a
transaction.
B. An expenditureitem can be adjusted only on the capitalizable attributes of a transaction.
C. An expenditure item con be adjusted only on the billableattributes of atransaction.
D. An expenditure Item cannotbe adjusted on any attributes of transcation.
Answer: B
Explanation:
Reference:
- QUESTION NO : 77
Select the contract status in which the contract can be reverted to a pervious active version.
A. In draft status
B. Underamendment status
C. In pending acceptance status
D. Under amendment status and approved
Answer: A
Explanation:
- QUESTION NO : 78
Select three things the Major Axis on the Project Plan Gantt Chart timescale show when the minor
axis is set to Months.
A. Years
B. Half Years
C. Weeks
D. Quarters
E. Days
Answer: B,C,E
Explanation:
- QUESTION NO : 79
Select the four duties the project administrator is entitled to, by default, in Budgeting and
Forecasting.
A. edit budget and forecast planning option
B. create versions
C. generate versions
D. submit versions
E. approve versions
F. review versions
Answer: B,C,E,F
Explanation:

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