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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. 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 burden cost clearing account SLA.
B) Set up the account at the expenditure category defined for the burden transaction.
C) Set up the total burdened cost credit SLA.
D) Set up the account at the expenditure type defined for the burden transaction.
E) Set up the burden cost account SLA,

2. Identify two predefined calendar types that can be utilized to create Period Profiles.

A) project accounting calendar
B) accounting calendar
C) weekly calendar
D) monthly calendar

3. 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"?

4. 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 Accounting Definition
C) Project Rates
D) Project Transaction Types

5. Identify two entitles included in the Project Transaction Type Reference Data Model.

A) Project Work Type
B) Financial Plan Type
C) Project PlanType
D) Project Expenditure Type

Solutions: