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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select two true statements regarding OBIA.

A) OBIA cant.ke input, from heterogenous data sources.
B) OBIA is Fusion Applications-centric.
C) OBIAis used for strategic reporting.
D) OBIAis real time and does not depend on the ETL refresh frequency.


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


3. Identify the mandatory setup step under Project Invoicing options when you use Fusion Project Billing with Fusion receivables?

A) Specify Override reasons
B) Define Project Billing DescriptiveFlex Fields
C) Specify Billing cycles
D) Specify unit of measure for invoicelines sent to Fusion receivables


4. Project Analytics in Fusion Applications provides the project commitment summary. Select three additional commitment sources provided by Project Analytics.

A) Requisitions
B) Timecards
C) Purchase Orders
D) Unaccounted Supplier Invoices
E) PO Receipts


5. Identify two reference data objects forwhich the default setassignments can be done for a business unit set determinant.

A) Projecttransaction Types
B) Project Rates
C) ProjectAccounting Definition
D) Project Definition


Solutions:

Question # 1
Answer: A,D
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: A,D,E
Question # 5
Answer: A,C

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