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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify two restrictions that are applied by Oracle Fusion PPM, when exporting a new project from Microsoft Project.

A) The source projector template must allowfor third-party scheduling.
B) You must generate a budget version and-create a baseline,
C) You must selecta source project of template
D) A baseline for the projectplan must beset.
E) The primary planning resource breakdown structure associated with the projector template must allow changes at the project level.

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

3. Capitalization Options on a project type allows you to use cost allocation methods to automatically distribute which two types of costs across multiple assets?

A) indirect costs
B) non-capitalizablecosts
C) costs attributable to a specific asset
D) common costs

4. Identify two important aspects of the Non-Labor Bill Rate Schedules.

A) They do not allow the mark up percentage to be O.
B) They are expenditure Type based rate schedules
C) Theyallow expenditure types to be used along with arateor a markup percent.
D) They are job-based rate schedule

5. 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) Both Fusion General Ledger and Fusion Project PortfolioManagement
D) In either Fusion Project Portfolio Management or in Fusion GL

Solutions: