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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. 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) Define Project Billing DescriptiveFlex Fields
C) Specify Override reasons
D) Specify Billing cycles

2. Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

A) Reporting Currency
B) Contract Currency
C) Project Currency
D) Project Ledger Currency

3. 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 completes with error.The merge is not possible because the transactions are already in Fusion PPM.
B) The supplier references to supplier Y will be modified to supplier X for all transactions existing in Fusion PPM.
C) The transaction related to Supplier Y will be deleted from Fusion PPM.
D) The supplier merge program does not impact any supplier transactions that are already in Fusion PPM.
E) The transact Ions related to supplierX and Y will be deleted from Fusion PPM.

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

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

5. Select two true statements regarding OTBI.

A) OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?
B) OTBI is thebusiness solution that helpsin current state analysis.
C) OTBI helpsin performingtrend analysiswith unlimited historical data
D) OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?

Solutions: