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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. 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) Contract Team Connect
B) Project Contract Collection Center
C) Project Contract-based costing
D) Project Contract-based billing

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

3. Select a Subject Area under "Project Controls" in Fusion PPM's OTBI.

A) Project Revenue
B) Project Invoice
C) Project Budget
D) Project Cost Journals

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

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

5. Select three items that can be managed as a part of the configuration of the KPIs for Project Performance Reporting?

A) trend indicators
B) dimension indicators
C) status indicators
D) KPI categories
E) fact indicators

Solutions: