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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. In your project, during the Project Business Unit implementation, you have set the project accounting calendar to the accounting calendar and you also selected the option to maintain common accounting and project accounting periods. In such a case, which application area is the project period status managed in?

A) Fusion General Ledger only
B) US I onProject Portfolio Managementonly
C) In either Fusion Project Portfolio Management or in Fusion GL
D) Both Fusion General Ledger and Fusion Project PortfolioManagement

2. What does Project Performance Reporting, a specialized analytics tool, leverage?

A) BI Publisher
B) Essbase
C) OTBI
D) Financial Reporting Center

3. Identify two predefined transaction sources that Fusion PPM uses to import the transactions generated within projects.

A) Interproject Supplier Invoices
B) Capitalized Interest
C) ProjectsIntercompany supplier invoices
D) Project Allocations

4. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?

A) Credit memo is created.
B) Invoice is released.
C) Invoice has no payments.
D) Invoicehas no adjustment or crediting Invoices applied to it.

5. Identify two possible statuses available for reviewing the allocation transaction, after having run the Generate Allocations process in Fusion PPM.

A) deletion in progress
B) release in progress
C) draft success
D) release Failure
E) draft failure

Solutions: