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Oracle 1z1-498 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Project Execution and Control | - Project monitoring and control
|
| Project Costing and Financial Management | - Costing setup and configuration
|
| Project Resource Management | - Resource pools and staffing
|
| Reporting and Analytics | - Project reporting tools
|
| Project Portfolio Management Fundamentals | - Project Lifecycle Management
|
Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:
1. You want to credit an invoice using the Cancel Invoice option. Which three prerequisites should be met for this to be possible?
A) Invoicehas no adjustment or crediting Invoices applied to it.
B) Invoice has no payments.
C) Invoice is released.
D) Credit memo is created.
2. Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.
A) By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.
B) Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.
C) You can maintain the statuses of the periods independently, even in spite of using the same calendar.
D) You can use the same calendar for both your project accounting and accounting.
3. Identify two predefined transaction sources that Fusion PPM uses to import the transactions generated within projects.
A) Project Allocations
B) ProjectsIntercompany supplier invoices
C) Interproject Supplier Invoices
D) Capitalized Interest
4. Select two true statements regarding OTBI.
A) OTBI helps in tactical reporting such as helping in decisions such as "Do I need more resources on this project"?
B) OTBI is thebusiness solution that helpsin current state analysis.
C) OTBI helpsin performingtrend analysiswith unlimited historical data
D) OTBI helps in strategic decision such as "Is it worthwhile forme executeprojects for thiscustomer"?
5. 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 periods
B) distribute quantity, cost, and revenue amounts automatically acrossaccounting or project accounting periods
C) distribute quantity, cost, and revenue amounts automatically acrossproject accounting periods
D) distribute quantity, cost, and revenue amounts automatically acrossweekly calendars
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,C | Question # 3 Answer: C,D | Question # 4 Answer: A,B,D | Question # 5 Answer: B |
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