Oracle 1z0-498 : Oracle Fusion Project Portfolio Management 2014 Essentials

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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Select the four duties the project administrator is entitled to, by default, in Budgeting and Forecasting.

A) edit budget and forecast planning option
B) review versions
C) approve versions
D) submit versions
E) generate versions
F) create versions

2. When implementing Project Performance Reporting, the client has provided the following scenario:
1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
2.As long as the project cost is less than the threshold, the project should be shown as on-track.
Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

A) single threshold level value
B) multiple threshold levels
C) single threshold level range
D) multiple threshold level value

3. Identify the two currencies that Fusion PPM automatically converts transactions to, when a Financial Plan Type is enabled for planning in multiple currencies.

A) Project Currency
B) Project Ledger Currency
C) Contract Currency
D) Reporting Currency

4. Identify two unique characteristics of a business unit in Fusion PPM.

A) It is defined centrally and acts as a partition for securing transaction-related data.
B) It often represents Project line of business.
C) It is an Anchor for sharing the reference data across applications.
D) It can exist in more than one Ledger.

5. Select the two options that would accurately fill in the blanks in the sentences below.
The rate sources in Fusion PPM are based on the Schedule Types specified on the Invoice and Revenue Methods. If the schedule type is Labor Schedule, Bill Rate, then a valid rate source would be ____________ or _______.

A) Employee bill rate schedule
B) Labortransfer price schedule
C) Labor burden schedule
D) Burden schedule
E) Job billrate schedule

Solutions: