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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. 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) invoices transferred to Fusion Assets
D) received goods on a project that are not yet transferred or imported into Oracle Fusion PPM

2. Project Analytics in Fusion Applications provides the project commitment summary. Select three additional commitment sources provided by Project Analytics.

A) Requisitions
B) Unaccounted Supplier Invoices
C) Purchase Orders
D) PO Receipts
E) Timecards

3. Select two correct statements pertaining to project classifications on a template.

A) When a project is created from a template, the project classifications can be deleted or added
B) There can be a maximum of 20classifications that are allowed for entry using Quick Entry.
C) A project classification is a mandatory field on a project template
D) When a project is created from a template, the project classifications cannot be deleted or added

4. 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 forecast versions created for the financial plan typecontainonly cost amounts.
B) 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
C) All budget versions created for the financial plan type contain only cost amounts.

5. Identify which item is editable at the Project level

A) Workflows
B) Multiple Transaction Currencies
C) Planning Amount
D) Default FinancialType
E) Third-party Scheduling

Solutions: