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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) Invoice is released.
B) Invoice has no payments.
C) Invoicehas no adjustment or crediting Invoices applied to it.
D) Credit memo is created.

2. Select two correct statements pertaining to project classifications on a template.

A) A project classification is a mandatory field on a project template
B) There can be a maximum of 20classifications that are allowed for entry using Quick Entry.
C) When a project is created from a template, the project classifications cannot be deleted or added
D) When a project is created from a template, the project classifications can be deleted or added

3. Select two important features of Standard Cost Collection Flex field.

A) unique I-reject cost collection requirements that are presented differently acrossall applications
B) allows customers to validate, calculate cost, and import any type of transactions that are captured internally or externally using a single process
C) disintegrated means to capture, store, display, query, and reportproject-related attributes in their respective applications
D) unique project costcollection requirements thatare configured centrally

4. Identify three formation types available for defining the Invoice Format header.

A) labor
B) cpmtract
C) events
D) non-labor

5. Identify two key business value propositions of Fusion Project Portfolio Management.

A) enhanced user productivity and reduced supportcosts
B) improveddecision-making by answering keybusiness questions while users enter transactions
C) reducedcommunicationand collaboration by creating a community forthe project team
D) elimination ofexception-based management

Solutions: