Oracle Fusion Project Portfolio Management 2014 Essentials - 1z1-498 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 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 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.

Discussion 0

Correct Answer: B Vote an answer

Question 2

Identify two transactions that are treated as Commitment transactions in Oracle Fusion Portfolio Management.

A. received goods on a project that are not yet transferred or imported into Oracle Fusion PPM B. projectrelated invoices that are accounted and interfaced into Oracle Fusion PPM C. purchase order changed to a project D. invoices transferred to Fusion Assets

Discussion 0

Correct Answer: B,C Vote an answer

Question 3

Select the appropriate phrase to accurately complete the sentence below.
Spread Curves in Fusion Project Portfolio Management allows you_____

A. distribute quantity, cost, and revenue amounts automatically acrossaccounting or project accounting periods B. distribute quantity, cost, and revenue amounts automatically acrossweekly calendars C. distribute quantity, cost, and revenue amounts automatically acrossproject accounting periods D. distribute quantity, cost, and revenue amounts automatically acrossaccounting periods

Discussion 0

Correct Answer: A Vote an answer

Question 4

You have created a Financial Plan type where the planning amount option is set as cost amounts only.Based on this information identify two true scenarios.

A. All forecast versions created for the financial plan typecontainonly cost amounts. B. Allbudget versioncreatedfor the financial plan typecontainonly cost amounts and margin.D.All forecast versions created for the financial plan type contain only cost amounts and margin C. All budget versions created for the financial plan type contain only cost amounts.

Discussion 0

Correct Answer: A Vote an answer

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Question 5

Your client has expressed a desire to produce and summarizeinvoice lines for non-labor transactions type or expenditure, based on the high level tastes of the project. Which invoice format grouping should be used to achieve this?

A. Revenue Category, ExpenditureCategory, Top Task B. Top Task,Expenditure Category C. Top Task,Expenditure Type D. TopTask. Revenue Category, Expenditure Category, Expenditure Type E. Top Task,Employee

Discussion 0

Correct Answer: C Vote an answer

Question 6

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

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

Discussion 0

Correct Answer: C Vote an answer

Question 7

Identify which item is editable at the Project level

A. Multiple Transaction Currencies B. Planning Amount C. Default FinancialType D. Workflows E. Third-party Scheduling

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Correct Answer: D Vote an answer

Question 8

Identify two valid mappings of seeded project roles to project space roles.

A. Project Team Member-Moderator B. Project Team Member - Participant C. Project Manage- Participant D. Project Manager - Moderator

Discussion 0

Correct Answer: A,C Vote an answer