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Oracle Fusion Project Portfolio Management 2014 Essentials Sample Questions:

1. You have created a Financial Plan type where the planning amount option is set as cost amounts only.Based on this information identify two true scenarios.

A) All budget versions created for the financial plan type contain only cost amounts.
B) Allbudget versioncreatedfor the financial plan typecontainonly cost amounts and margin.D.All forecast versions created for the financial plan type contain only cost amounts and margin
C) All forecast versions created for the financial plan typecontainonly cost amounts.

2. Identify the true statement regarding an expenditure item.

A) An expenditure item con be adjusted only on the billableattributes of atransaction.
B) An expenditureitem can be adjusted only on the capitalizable attributes of a transaction.
C) An expenditure Item cannotbe adjusted on any attributes of transcation.
D) An expenditure item can be adjusted on both billable and capitalizeable attributes of a transaction.

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

4. Identify two unique characteristics of a business unit in Fusion PPM.

A) It can exist in more than one Ledger.
B) It is defined centrally and acts as a partition for securing transaction-related data.
C) It often represents Project line of business.
D) It is an Anchor for sharing the reference data across applications.

5. When implementing Project Performance Reporting, the client has provided the following scenario:
1.Every time the project cost is greater than or equal to a threshold, then the project should be shown as critical.
2.As long as the project cost is less than the threshold, the project should be shown as on-track.
Which Threshold Level Rule is the ideal candidate for this kind of KPI definition?

A) multiple threshold levels
B) single threshold level value
C) single threshold level range
D) multiple threshold level value

Solutions: