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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. 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) Both Fusion General Ledger and Fusion Project PortfolioManagement
B) Fusion General Ledger only
C) In either Fusion Project Portfolio Management or in Fusion GL
D) US I onProject Portfolio Managementonly

2. Select the appropriate option to correctly fill in the blank below.
Project team members, including the project manager, are assigned to a project using______

A) enterprise roles
B) project roles
C) job roles
D) abstract roles

3. Select the contract status in which the contract can be reverted to a pervious active version.

A) In draft status
B) Under amendment status and approved
C) Underamendment status
D) In pending acceptance status

4. CORRECT TEXT
Select the correct option to fill in the blank below.
If revenue is recognized before billing, the accounting entry that gets triggered would be _________.

A) Option B
B) Option A
C) Option C
D) Option D

5. Identify three setups that are required to be performed at a Project Unit level in Fusion PPM.

A) Implementation Options
B) Pi .Kit Numbering and FTIH
C) Contract Management Propertied
D) Reporting Setup
E) BusinessUnitAssociation

Solutions: