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Oracle 1z0-498 Exam Syllabus Topics:

Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Most Project Management solutions are plagued with the configurations that have financial and project management reference data intertwined. By introducing which two concepts has Fusion PPM.

A) Organization Classification
B) SetID
C) Business Unit
D) PPM specific organization hierarchy
E) Project Unit

2. Identify two statements that are true for Fusion Project Portfolio Management in relation to the Calendar and period management.

A) Accounting periods are used to track budgets and forecasts, summarize project amounts for reporting, and track project status.
B) You can maintain the statuses of the periods independently, even in spite of using the same calendar.
C) By using the option of "Maintain common accounting and project accounting periods" you increase the period maintenance activity during the month end.
D) You can use the same calendar for both your project accounting and accounting.

3. Which software application licenses are required for planning revenue when setting up Financial Plan types?

A) Oracle Fusion Project Billing
B) Oracle Fusion Project Costing
C) Oracle FusionIntegration Gateway
D) Oracle Fusion Project Execution Management

4. 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) invoices transferred to Fusion Assets
D) purchase order changed to a project

5. Select the option that would accurately fill the blank below.
The relationships between the Business Units and the Project Units in Fusion PPM are _________.

A) Many-to-Many
B) One-to-One
C) Many-to-One
D) One-to-Many

Solutions: