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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

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

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

2. Select two important features of Standard Cost Collection Flex field.

A) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
B) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
C) unique I-reject cost collection requirements that are presented differently acrossall applications
D) unique project costcollection requirements thatare configured centrally

3. Which details are allowed on the "Root task" created by default when Project template is created?

A) General, Asset Assignments, and Capital Information
B) General and Cross Charge
C) General,Contracts, and Setup
D) Descriptions and Attachments

4. 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) Transferred
D) Accepted

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

Solutions: