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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. Identify two predefined calendar types that can be utilized to create Period Profiles.

A) accounting calendar
B) project accounting calendar
C) monthly calendar
D) weekly calendar

2. Identify three valid work areas under Project Portfolio Management.

A) Transactions Workarea
B) Revenue Workarea
C) Capital Workarea
D) Projects Workarea
E) Payment Workarea

3. Select the appropriate phrase to fill in the blanks below.
Non-exclusive relationships between multiple projects and tasks with contracts and contract lines is a capability delivered by using_________

A) Project Contract-based billing
B) Contract Team Connect
C) Project Contract Collection Center
D) Project Contract-based costing

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

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

5. A customer is using Fusion Payables and Fusion Project Portfolio Management.
The customer has two suppliers setup with names X and Y respectively.
Supplier Y has been merged with supplier X. the supplier merge program is run from the supplier merge option in Fusion Payables and you have chosen to merge all transactions. What will happen to the supplier references on transactions related to supplier Y that are already interfaced to Fusion Project Portfolio Management?

A) The supplier references to supplier Y will be modified to supplier X for all transactions existing in Fusion PPM.
B) The supplier merge program completes with error.The merge is not possible because the transactions are already in Fusion PPM.
C) The supplier merge program does not impact any supplier transactions that are already in Fusion PPM.
D) The transact Ions related to supplierX and Y will be deleted from Fusion PPM.
E) The transaction related to Supplier Y will be deleted from Fusion PPM.

Solutions: